The Gray Cat Blog

A comprehensive collection of blogs designed to assist small business owners and multi-unit operators. 

 
Heading into the Abyss Sep 23, 2024

Afraid to look around the corner??

Sometimes, the greatest opportunities are outside of your comfort zone.
 
Here is a quick clip from a recent podcast I participated in with John Lofstock where we...
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Gray Cat Unleashed Episode 8: Merchandising Sep 13, 2024

Merchandising is a critical aspect of how "shoppable" a store will be. Conceal or confuse the customer with your merchandising and it won't matter if you carry the top brands, the customer will become...

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Creating An Offering Memorandum Sep 09, 2024

There comes a time in every entrepreneur’s life when they wish to exit their business. At that time, one of the most essential documents a business owner should create is an offering memorandum. An of...

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Developing a Strategic Business Plan Sep 09, 2024

I have been putting together business plans for over 30 years and it is clear to me that the strength of its core rests solely on being able to execute the plan. Each year I approach business planning...

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G & A Budgeting – Fun Times! Sep 09, 2024

Hurry, hurry, step right up!

It is time to play the game called “G & A Budgeting”. This is the game where heads are counted; budgets are sandbagged and perks are justified. It is an annual ritual tha...

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Gray Cat Unleashed Episode 7: Strategic Business Planning Sep 09, 2024

There is an insightful quote from John Harvey-Jones, an English Businessman that says: 

“The nice thing about not planning is that failure comes as a complete surprise rather than being preceded by ...

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Opening & Closing Procedures Sep 05, 2024

Whether you are working in an office; operating a restaurant; or manage a retail location, having a consistent set of opening & closing procedures helps minimize customer disruption (and disappointmen...

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Burn the Ship Podcast: What does Gray Cat do? Sep 03, 2024

Ever wonder what Gray Cat does?

Here is a short clip from a recent podcast, Burn the Ship, describing that topic.

Want more ideas?  For more information on Gray Cat Learning Series, visit: https://w...

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Making Prudent Capital Investments Aug 27, 2024

When it comes to the long-term success of a business, one of the key drivers is prudent capital re-investment. Unlike operational expenses that are used to run the daily business or working capital to...

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Capital Management Best Practices Aug 27, 2024

Hopefully your business is growing, cash flow is strong, and if that is the case, what a fantastic scenario to be enjoying! Now, one must determine what are the best ways to put those earnings to use....

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Gray Cat: Micromanagement & Leadership with John Lofstock Aug 19, 2024

Recently, I appeared on a podcast hosted by John Lofstock where we discussed a myriad of topics including micromanagement and leadership.

Here is a short clip discussing this subject.

Want more idea...

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Gray Cat Unleashed Episode 6: Profit & Loss (P&L) Analysis Aug 15, 2024

 

Few operators take the time to better understand both revenue projections as well as variable and fixed expenses so that they can see what contributes or detracts from profitability.
 
A “P&L (Pr...
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