Nearly every business I know is going through an extremely busy time. After over a year of COVID protocols, many people are now traveling, going out to eat and making purchases they put off due to the uncertainty. At Kona Impact, we are very busy with new business openings and helping established businesses refresh, rejuvenate...Read More
We all know the great brands of the world: Toyota, Samsung, McDonald’s, Coca-Cola, Nike, and many others. What do they have in common? The same products across regions. You can go into any Toyota dealership and find Camry’s; every McDonald’s will have Big Macs. This means that customers will know the products and product availability...Read More
Kona Impact has worked with thousands of entrepreneurs over the years. Many of these have been seasoned veterans of the business world, and many are starting their first business. We have been able to learn a lot from both. In the midst of your mistakes, you’ll find a better path This post will focus on...Read More
Last year was not all bad; many businesses grew unexpectedly, and some new trends emerged and will likely persist. For example, few people “Zoomed” meetings, and companies did not know what PPE was or how important it would be to have hand sanitizers, masks, and air movement in their place of work. At Kona Impact,...Read More
2020 was a year like no other for most businesses. We went into spring with most companies firing on all cylinders and healthy profits for most economic sectors. Then came the pandemic, and some businesses went to zero, with a few of them staying there throughout the year, with others coming back a bit, but...Read More
Many communities, including the home of Kona Impact–Kailua-Kona, Hawaii–have gone through a tumultuous year. Some businesses have done OK, a few have thrived, and many have seen their business move to the precipice of failure. It’s easy to see the negative and feel disconnected from the problems, especially if you are doing fine. That said,...Read More
As we look toward 2021, we see signs of hope for those businesses that suffered the most in 2020: hospitality and tourism. For the business that saw decent profits in 2020, the coming year should be an opportunity to grow and see enhanced profitability. For all, though, no results are guaranteed. Diligent effort and hard...Read More
As we come to the end of 2020, it’s a good time to look at the year that was and the year that is to come. Learn from what was successful and, perhaps more importantly, learn from what wasn’t successful. Then, take a look at the future and you’ll be able to develop a good...Read More
Like almost everyone, I am excited to throw away my 2020 calendars and put up the 2021 calendars. It’s been a rough year, one that has forced many businesses to look at nearly every product and service, as well as staffing levels and other expenses. We look to the 2021 tourism economy with a measured...Read More
