First, let me note that I work with hundreds of entrepreneurs a year and have worked with thousands over the years. I have seen remarkable success and complete failure; winners and losers at the game of business. What I write here is not about any one Kona Impact client; instead it is an amalgamation of […]
What is going on with our national retail chains? We’ve lost Radio Shack and Sports Authority in the past year, and Payless Shoes will follow soon. Sears, in its corporate filings, says its long-term viability is questionable. They own K-Mart, so that, too, is in peril. The current Ross building in Kona was made for […]
In the last post, we looked at how reducing costs 10% for your Kona business can have a large impact on how much your business is able to generate in free cash flow. Another way to increase your free cash flow is to increase sales. Note, however, sales at any costs, especially when expenses are […]
Small business success in Kona, Hawaii is often a matter of shifting percentages. If your Kona business is bringing in $300,000/year and your expenses are 80%, you’ll have $60,000 left for your efforts. Now, imagine cutting your expenses by 10% (to 72%): you‘ll see an extra $24,000 a year in your pocket, which will raise […]
There are few marketing investments that will have a better return on investment than vehicle graphics. Done right, they can get your business’ name in front of hundreds of people daily, day after day, year after year. You will be marketing to people who live and work in your community. Here are some of our […]
There are few marketing investments that will have a better return on investment than vehicle graphics. Done right, they can get your business’ name in front of hundreds of people a day, day after day, year after year. You will be marketing to people who live and work in your community. Here are some of […]
The Ironman World Championships are always a great time in Kona, Hawaii. The athletes, their families, and the companies add a vibrancy and level of passion to Kona that make it one of the most exciting places in the world. It’s a great time. Kona Impact has been providing displays, banners, posters, and printing services […]
Kona Impact will soon celebrate its tenth year of business in Kailua-Kona. I remember very well the early days when the phone did not seem to ring very much, and we were not as focused as we are now. It took some time, but it was great to beat the odds: 50% of businesses don�t […]
Hawaii is a paradise for visitors, so much so that many who come here on vacation decide to stay. The allure of the ocean, the tropical landscape, and the great year-round weather make the Hawaiian Islands a great place to live. Doing business here, however, is another story. It’s not to say that running a […]
I found myself on the phone yesterday talking to the customer service people at one of my largest suppliers. We spend about $15,000 a year with them and what we buy is, by my estimation, very high-margin goods. The problem was that they sold me several items on their website that I needed asap. I […]