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Finding What Works for You

LOS ANGELES — I have shopped all over the world: in Toronto, I shop at Rochester Big and Tall. In New York, Rochester Big and Tall. In London, Rochester; Chicago,...

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Pessimism Abounds in Municipal Bond Market

CHICAGO — When it comes to investing your money, there’s more than enough pessimism to go around, and nowhere is it easier to find than in today’s...

The Numbers: September Produces Improvements in Job Growth, Unemployment Claims

CHICAGO — Both U.S. job growth and unemployment claims experienced slight improvements in September. Secretary of Labor Hilda Solis reported on the September job...

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Deductions: Get ‘Em While You Can (Part 2 of 2)

ARDMORE, Pa. — Thanks to the 100% “bonus” depreciation write-offs created by the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act...

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Deductions: Get ‘Em While You Can (Part 1 of 2)

ARDMORE, Pa. — Thanks to the 100% “bonus” depreciation write-offs created by the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act...

sharing information

To Share or Not To Share?

SAN FRANCISCO — Why would you want to share information with employees? When times are tough, you keep the bad news, tight cash flow and potential layoffs all to...

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Routes to Success (Part 2 of 2)

CHICAGO — The decline of Blockbuster’s DVD rental business that led to bankruptcy and the closure of hundreds of its brick-and-mortar stores across the country...

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Routes to Success (Part 1 of 2)

CHICAGO — The decline of Blockbuster’s DVD rental business that led to bankruptcy and the closure of hundreds of its brick-and-mortar stores across the country...

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Sell Something Other Than Drycleaning

PEMBROKE, Mass. — Family Drycleaners, in Hull, Mass., sells children’s toys in its front-counter section. Dolls, games and wooden toys are its stock in trade....

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Spotting Tips: Soy Sauce and Balsamic Vinaigrette

CONCORD, N.C. —  I was interviewed recently for one of those all-too-common consumer reports on drycleaning. The reporter recounted horror stories at the...

numbers

The Numbers: Jobs, Mortgages, and Consumer Confidence

CHICAGO — Early September brought a new proposal—the Americans Jobs Act—from President Barack Obama, which includes incentives for small-business owners...

road to success

Road to Success Has Many Paths

LOS ANGELES — When I was 21, after getting fired from the radio station I was selling advertising time for—badly—I started my own advertising agency. I...

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Your Money: Inflation-Protected Securities

CHICAGO — Inflation affects us all. Even when it is coasting along at what might seem to be a harmless rate, it eats away at the buying power of the dollar. When...

Photo: ©iStockphoto.com/DamirK

Sales by Any Other Name

SAN FRANCISCO — Sales, revenue, income … whatever you want to call it, it’s the one thing you always want more of. It’s an easy thing to want but...

teamwork

Clean Up Spotty Productivity by Gainsharing (Part 2 of 2)

EVANSTON, Ill. — By focusing on the cultural values of their growing foreign-born Latino workforce, drycleaning plants and laundries can boost productivity, lower...

productivity

Clean Up Spotty Productivity by Gainsharing (Part 1 of 2)

EVANSTON, Ill. — By focusing on the cultural values of their growing foreign-born Latino workforce, drycleaning plants and laundries can boost productivity, lower...

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Doing the Small Things Well

PEMBROKE, Mass. — Are you frustrated? Has the business got you down? Are you tired of dealing with the same old complaints? Do you think your employees are taking...

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Green More Than Just A Marketing Tool

LOS ANGELES — There’s a drycleaner in my neighborhood that brags that, “The only greener way to care for your clothes is to use a rock and a stream....

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Your Money: Leaning Toward Alternative Investments

CHICAGO — Judging from my e-mail, it’s not difficult to find savers and investors who are questioning the conventional wisdom when it comes to investing their...

Management Strategies: Face of Your Company

SAN FRANCISCO — Generally speaking, smaller drycleaning stores hire babysitters. Wikipedia defines babysitting as “the practice of temporarily caring for a...

Industry Observations: Don’t Sell Out Yet

PEMBROKE, Mass. — I meet lots of drycleaners who are looking to sell. There’s nothing wrong with that, but there is a time to sell and a time not to sell. This...

spotting tips

Spotting Tips: Fix The Fixer-Uppers’ Clothing

CONCORD, N.C. — The stain-removal seminar was arranged for operators with less than 18 months experience. Just back from a break, I had started my discussion of...

Evaluating An Investment

SAN FRANCISCO — Great strides have been made in the development of labor-saving devices for the drycleaning industry. Of course, these improvements are miniscule in...

Follow-Up Important In Every Phase

CHICAGO — Going to a trade show is a bit like making professional New Year’s resolutions. You see a new innovation or service, maybe learn about a different...