By: Barry Cobb Buy local. It’s a popular idea. In a recent article in Entrepreneur, John Rampton lists potential advantages of purchasing goods made locally and sold on a small scale. These include experiencing better customer service by being acquainted with the “people behind the product” and improving the economy while keeping the local community “unique.” Opportunities … [Read more...] about Bears Business Brief: A closer look at buying local
By: Barry Cobb No matter which direction your commute takes you in Springfield, there are strategically placed wayfinding signs that publicize three areas — downtown, Battlefield retail and Bass Pro Shops. As my family settled into the southwest part of town two years ago, we often made the trek down James River Freeway toward the Battlefield retail district. If we … [Read more...] about Bears Business Brief: Why do some businesses cluster together?
By: Barry Cobb Every business owner strives to make a profit. As a business owner, one key to maximizing profit is the efficient use of labor and other resources such as materials and energy to produce your product or service. It seems simple, but how can you measure whether these resources are actually productive? Productivity is the ratio of the product or service … [Read more...] about Bears Business Brief: Making a profit as a business owner
Several academic advisors in our Business Advisement Center attended the annual Missouri Academic Advising Association (MACADA) conference held at the Lake of the Ozarks in September. Karmen Brewer, Bethany Laws, Brittany Lescano, & Kim Stagner won “Best of Conference” for their presentation, “Exploring Advising Territories: Using a Personal Touch Approach to Engage and … [Read more...] about Faculty and Staff Spotlight