Growth and Planning

Is a Domino Effect Caused by Increases in the Minimum Wage? Talk of raising the federal minimum wage is in the news again. We may think industries that pay their employees at or near minimum wage will be the only industries effected. Businesses such as hospitality, retail and restaurants. Could there be a domino effect…

How to Size Up Your Business and Determine a Path Forward How has business been going for you? If business has not been going too well, perhaps it is time to size up your business and determine a path forward. The first step is to have a detailed look at your current situation. To do…

Why Capitalism and Entrepreneurship are Declining | A Small Business Perspective  Let’s start with the basics and build from there. At the very basic level, capitalism is an economic system in which a country’s trade and industry are controlled by private owners for profit. Whereas socialism puts control in the hands of the state (government)…

Blue Ocean Shift was written by W. Chan Kim and Renee Mauborgne. They also authored Blue Ocean Strategy. They encourage businesses and organizations to challenge the status quo and adopt a market-creating strategy. They define a red ocean as a market that has a lot of competition and pricing pressures. This type of market has…

Many states are taking actions to increase their state’s minimum wage above the federal minimum wage which is currently $7.25 per hour. We tend to think that industries that traditionally pay minimum wage are the only ones effected. Industries like restaurants, retail and hospitality. However, could there be a domino effect to other industries? Generally,…

The Innovation Blind Spot was written by Ross Baird. Mr. Baird discusses the idea that most innovations and companies that are VC (Venture Capital) funded are in locales such as Silicon Valley and New York. “Blind spots” could be places in the middle of the USA; fly-over country. Places like Oklahoma. Another key issue discussed…

I am a big believer in learning from other industries. I believe all small business owners can learn something from the 2018 Oklahoma Engineering Conference. The conference topics were what one might expect at an engineering conference. The topics included roads, bridges, water systems, flares (used in the energy sector), project management, STEM (Science, Technology,…

Oklahoma Small Business Management, Growth and Development Conder Business Solutions offers Oklahoma small business management and development services to businesses located in large metropolitan areas like Tulsa and Oklahoma City, but also businesses in smaller rural communities. Our desire is to work together with you and your team to improve your business. Our Approach First,…

You remember your corporate books, don’t you? That was the “book” created when you started your business. Items like articles of incorporation, by-laws, operating agreements, shareholders, unit holders, buy-sell agreements and meeting minutes are in there. It is very common for these records to just sit after a business start. However, the corporate book should…