Why being agile is a competitive advantage for small businesses

I read an article recently in Cycling Weekly about high street giant Halfords likely entry into the premium brand and high end bike sector

This probably makes sense for Halfords who will be looking for “new” customers to fuel future increases in revenue and grow their share of the bike market. 


At the end of the article there was a quote from someone at Salford Business School … “Halfords had a strong ability to analyse the market and target offerings in the way that independents could not.” 

The same commentator went on to say “High end products coupled with the reassurance of a high street brand will be an attractive combination for many consumers,”

I read it twice. … Continue reading the rest of this article

How to beat inflation, twelve months on

In February 2022 I wrote the following article on inflation and how to respond with adjustments to pricing. Whilst we are twelve months inflation continues to be an economic problem and the content is as relevant today as it was then.

How to beat inflation (published 27 Feb 22)

Inflation is the media buzzword of the moment with news stories nearly every day about how the cost of living is increasing.

It is not just hype though, prices are rising in all categories driven by pandemic shockwaves which has driven surges in consumer demand disrupting the demand and supply equilibrium. The patterns many businesses used to underpin their business dynamics are not compatible with the erratic surges in demand.… Continue reading the rest of this article