Whether you realize it or not, if you are in business, you have a brand and you must manage it continuously.

An effective brand management firm invests as much time in pre-planning as it does during the M&A announcement and post-announcement stages. They help companies by:

• Understanding the business and what the original brands were intended to represent.
• Aligning this knowledge with actual market perceptions to develop a strategic brand management plan.
• Identifying the strengths, weaknesses and opportunities associated with each company and assessing their impact o
  Cheapskates!
  Pennypinchers, churls, moneygrubbers, niggards, pikers, pinchfists, scrimps – I HATE them. They have a scarcity mentality and they nickel and dime everyone. I don’t spend any time with them. Frugality is good, but being cheap is not smart when you want to create abundance, friends and happiness. One of the things I have learnt is that I should spend money where appropriate. Don’t take someone to a fast food joint to close a big deal. And don’t spend a fortune on things that show no ROI. But the biggest lesson I learnt is not to do business with tightwads.Pennypinchers want everything for nothing, and they always want discounts. Here’s what you should know about discounts: Assume you’re selling a product or a service for $200 and your costs total $150. That means your profit is 25% or $50. Did you know that if you give some scrooge a 20% discount,
  Your company is considering a merger or acquisition. You’ve explored the financial and legal ramifications. But do you know what your point of distinction will be post-merger?

  Today, mergers and acquisitions (M&A) are commonplace. They are strategic decisions grounded in geographic expansion, product and competency diversification, and brand leveraging. While businesses clearly address the associated legal and financial issues, they often overlook a critical component—brand management. Effective brand management goes well beyond the basic marketing tools. It requires an integrated approach to ensure consistency of your corporate message and identity throughout all aspects of your business. Without careful brand management, your M&A effort is vulnerable to failure.

  Simply put, brand management helps to secure stability and brand loyalty for your company. You may consider discounting its importance to the M&A process, but be prepared for the possible outcomes:

  • Brands are managed inconsistently and brand equity suffers
  • Management and staff send mixed messages, creating confusion in the marketplace
  • Company image/brand loses value in the market
  • Employee morale decreases and turnover increases
  • Customers lose confidence and leave
  • Competitors steal your best customers
  • Shareholder price plummets

  Why is brand management frequently overlooked in the M&A process?

  • Companies lack the experienced resources to focus on it.
  • Organizations don’t realize the need to address it until it’s too late.
  • Business leaders neglect it because they are concentrating on financial and legal issues.

  Hiring an outside brand management strategist can bring dedicated resources and an independent perspective to the process. That’s why successful companies make brand management a cornerstone in their overall M&A strategy. By incorporating brand management in the early discussions around a merger or acquisition, your organization will come out stronger and more focused. Best of all, shareholders, clients, employees and the public will remain loyal to your brand.

  Nearly 50% of all mergers fail to sustain or bolster shareholder value. Why? Because they don’t realize that brand is not an event. It’s a process. A brand management strategy ensures that your business can withstand the challenges associated with M&A, both today and through future market fluctuations. Working with an outside brand management team can help you assess and manage your company’s brand in relationship to specific competitors and the broader industry — a crucial part of any successful M&A effort.

  Building Your Point of Distinction Your company builds brand with every customer contact, planned or unplanned. And, every interaction (no matter how insignificant) makes a lasting impression. Each impression combines with all those that have gone before to create your brand. Every gesture, every action, every word — every point of contact with your customer enriches or erodes your brand.

  Whether you realize it or not, if you are in business, you have a brand and you must manage it continuously.

  An effective brand management firm invests as much time in pre-planning as it does during the M&A announcement and post-announcement stages. They help companies by:

  • Understanding the business and what the original brands were intended to represent.
  • Aligning this knowledge with actual market perceptions to develop a strategic brand management plan.
  • Identifying the strengths, weaknesses and opportunities associated with each company and assessing their impact on
    Material Handling Equipment
    Material handling equipment is equipment that is specifically designed for mechanically handling packaged or bulky items, generally in a production, shipping or storage facility. Selecting the right material handling equipment is vital, as it affects the operating cost and operational efficiency of a factory. The material to be handled, the plant building, and the issues of urgency and safety are a few factors that affect the decision on selecting the right material handling equipment.The equipment is designed after taking into consideration the direction, speed of movement and the level of supervision required. Normally, the equipment used for lighter loads includes wheelbarrows, trolleys and pulley blocks. Trucks, cranes and hoists, monorails and lifts are regularly used for heavy loads. In mass production facilities, conveyors, slides and chutes a
    is vulnerable to failure.

    Simply put, brand management helps to secure stability and brand loyalty for your company. You may consider discounting its importance to the M&A process, but be prepared for the possible outcomes:

    • Brands are managed inconsistently and brand equity suffers
    • Management and staff send mixed messages, creating confusion in the marketplace
    • Company image/brand loses value in the market
    • Employee morale decreases and turnover increases
    • Customers lose confidence and leave
    • Competitors steal your best customers
    • Shareholder price plummets

    Why is brand management frequently overlooked in the M&A process?

    • Companies lack the experienced resources to focus on it.
    • Organizations don’t realize the need to address it until it’s too late.
    • Business leaders neglect it because they are concentrating on financial and legal issues.

    Hiring an outside brand management strategist can bring dedicated resources and an independent perspective to the process. That’s why successful companies make brand management a cornerstone in their overall M&A strategy. By incorporating brand management in the early discussions around a merger or acquisition, your organization will come out stronger and more focused. Best of all, shareholders, clients, employees and the public will remain loyal to your brand.

    Nearly 50% of all mergers fail to sustain or bolster shareholder value. Why? Because they don’t realize that brand is not an event. It’s a process. A brand management strategy ensures that your business can withstand the challenges associated with M&A, both today and through future market fluctuations. Working with an outside brand management team can help you assess and manage your company’s brand in relationship to specific competitors and the broader industry — a crucial part of any successful M&A effort.

    Building Your Point of Distinction Your company builds brand with every customer contact, planned or unplanned. And, every interaction (no matter how insignificant) makes a lasting impression. Each impression combines with all those that have gone before to create your brand. Every gesture, every action, every word — every point of contact with your customer enriches or erodes your brand.

    Whether you realize it or not, if you are in business, you have a brand and you must manage it continuously.

    An effective brand management firm invests as much time in pre-planning as it does during the M&A announcement and post-announcement stages. They help companies by:

    • Understanding the business and what the original brands were intended to represent.
    • Aligning this knowledge with actual market perceptions to develop a strategic brand management plan.
    • Identifying the strengths, weaknesses and opportunities associated with each company and assessing their impact o
      Order Business Checks
      Now that you have your startup business up and running, you may have to advertise it as extensively as you can. And you can start by having your very own customized business check.Most companies that manufacture business checks have been in the business for more than fifty years. If you are after security and reliability, they are your safest choice for your business check requirements. On the plus side, they can provide you with experience-based expert advice on your orders.You will need the advice of these established suppliers, especially if you are building a strong professional corporate image for your company. They can advise you on the right color for your checks and where to place your logo and company name. To give you a more comprehensive idea as to how to go about it, they can show you samples form their reputable clients. It is so
      ed resources to focus on it.
    • Organizations don’t realize the need to address it until it’s too late.
    • Business leaders neglect it because they are concentrating on financial and legal issues.

    Hiring an outside brand management strategist can bring dedicated resources and an independent perspective to the process. That’s why successful companies make brand management a cornerstone in their overall M&A strategy. By incorporating brand management in the early discussions around a merger or acquisition, your organization will come out stronger and more focused. Best of all, shareholders, clients, employees and the public will remain loyal to your brand.

    Nearly 50% of all mergers fail to sustain or bolster shareholder value. Why? Because they don’t realize that brand is not an event. It’s a process. A brand management strategy ensures that your business can withstand the challenges associated with M&A, both today and through future market fluctuations. Working with an outside brand management team can help you assess and manage your company’s brand in relationship to specific competitors and the broader industry — a crucial part of any successful M&A effort.

    Building Your Point of Distinction Your company builds brand with every customer contact, planned or unplanned. And, every interaction (no matter how insignificant) makes a lasting impression. Each impression combines with all those that have gone before to create your brand. Every gesture, every action, every word — every point of contact with your customer enriches or erodes your brand.

    Whether you realize it or not, if you are in business, you have a brand and you must manage it continuously.

    An effective brand management firm invests as much time in pre-planning as it does during the M&A announcement and post-announcement stages. They help companies by:

    • Understanding the business and what the original brands were intended to represent.
    • Aligning this knowledge with actual market perceptions to develop a strategic brand management plan.
    • Identifying the strengths, weaknesses and opportunities associated with each company and assessing their impact o
      The Most Overlooked Principle To Raising Your Prices
      Finding customers isn't usually the hard part of selling. It's "closing" that can drive you crazy. You know the excuses. They want to shop around a bit longer, they're not sure they can afford the price, they need to get approval from a superior. The list goes on and on. Your challenge is to find ways to close prospects at a higher rate, and thereby speed growth and increase revenues.One sure fired way to increase revenues without damaging your reputation, is to educate your customers into your price increase first before doing it. You don't want to be worried about raising your prices. Most people are afraid to raise their prices.For example, one of my original companies operated at a marginal price just under the standard for the industry. We got a lot of business and kept the customers coming however, we didn't get much more bu
      areholder value. Why? Because they don’t realize that brand is not an event. It’s a process. A brand management strategy ensures that your business can withstand the challenges associated with M&A, both today and through future market fluctuations. Working with an outside brand management team can help you assess and manage your company’s brand in relationship to specific competitors and the broader industry — a crucial part of any successful M&A effort.

      Building Your Point of Distinction Your company builds brand with every customer contact, planned or unplanned. And, every interaction (no matter how insignificant) makes a lasting impression. Each impression combines with all those that have gone before to create your brand. Every gesture, every action, every word — every point of contact with your customer enriches or erodes your brand.

      Whether you realize it or not, if you are in business, you have a brand and you must manage it continuously.

      An effective brand management firm invests as much time in pre-planning as it does during the M&A announcement and post-announcement stages. They help companies by:

      • Understanding the business and what the original brands were intended to represent.
      • Aligning this knowledge with actual market perceptions to develop a strategic brand management plan.
      • Identifying the strengths, weaknesses and opportunities associated with each company and assessing their impact o
        Does Small Business CRM Really Help Your Business
        CRM is the most talked about software in today’s business world. CRM is an easy-to-use software tool suitable for any small business needing a complete, cost effective and hassle-free solution for managing sales, customers and bookkeeping as well as day to day invoicing.The all-in-one sales and marketing CRM software program facilitates small businesses to double their sales at a faster pace. From lead generation, to placing an order or even the follow up of the same, CRM is the apt solution in efficiently managing your small business day to day operations.However why do we require CRM software in the first place is what crosses our minds. The following will give you a better insight as to what you can expect when CRM is adopted in your small business.It helps in the automatic integration of the sales marketing and the customer
        y gesture, every action, every word — every point of contact with your customer enriches or erodes your brand.

        Whether you realize it or not, if you are in business, you have a brand and you must manage it continuously.

        An effective brand management firm invests as much time in pre-planning as it does during the M&A announcement and post-announcement stages. They help companies by:

        • Understanding the business and what the original brands were intended to represent.
        • Aligning this knowledge with actual market perceptions to develop a strategic brand management plan.
        • Identifying the strengths, weaknesses and opportunities associated with each company and assessing their impact on the “new” entity and existing business.
        • Recommending brand management strategies that will drive the marketing and communication initiatives for the company.
        • Researching and evaluating potential acquisition candidates or merger partners by answering questions like:
          • “How does the prospect’s brand compare to your company’s brand?”
          • “What is each brand’s strongest attribute?”
          • “How is the brand relevant to future customers?”
          • “Which candidate will best help reach strategic objectives?”
          • Should one brand dominate or should a new brand be created?”

        • Determining the most beneficial identity for the new company. Maybe it’s keeping one name and getting rid of the other as Cingular did when it acquired AT&T Wireless. Perhaps it’s combining the names like Exxon and Mobil or creating a new name entirely as Verizon did when Bell Atlantic and GTE merged. All have their pros and cons. Cingular had the stronger brand recognition. For ExxonMobil, both companies boasted loyal customers. Keeping both names enabled them to retain both client bases. Bell Atlantic and GTE agreed to create a new wireless business with a single, national brand. In order to affect the change, the entity became known as Verizon.
        • Assessing which brands to keep/eliminate and determining the appropriate investment in each. Retaining current brands isn’t always the most effective or cost-efficient approach.
        • Implementing a PR/marketing strategy to communicate the merger to employees, clients, shareholders and the public. Brand policies and guidelines as well as training and compliance are critical in helping employees understand and effectively communicate the new brand. Your brand can be one of your most valuable business assets.
        • Facilitating the process of merging two cultures. How will the cultures merge? What are the core values and competencies of the new entity? Will the mission or philosophy change? How will the companies leverage the best from each to create a strong point of distinction?

        Brand management is the best investment merging companies can make. Done properly it can help the new entity:

        • Increase employee, customer, shareholder and vendor loyalty
        • Integrate two companies/cultures/brands effectively
        • Influence the perceived value of the effort in the market
        • Manage brands more cost-efficiently
        • Ensure employee commitment and confidence
        • Enhance profitability

        Your M&A effort requires a significant investment in time and money. At this critical juncture, take into careful consideration one of the most critical aspects of this effort — your brand. Addressing brand management as an integral part of the merger or acquisition process will help ensure your company’s success and competitive edge in the marketplace. And ask yourself,