What this 100-year-old restaurant can teach CEOs about balancing resilience and profit

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Joe’s Stone Crab is the top-grossing independent restaurant in the U.S. It’s been succeeding for a century because it pays its employees and suppliers exceptionally well—and is willing to experiment. Joe’s Stone Crab of Miami Beach is a rarity: an American restaurant that has prospered for over a century. It is currently the top-grossing independent restaurant in America—despite being the only restaurant in the top 100 that closes for three (and it used to be five) months per year when its principal fare, stone crab, is out of season. Its annual gross is 4% greater than that of the second-place competitor, but its monthly gross is 39% greater. In a trendy business sector in which the median age of the next 10 restaurants on the top 100 list is 27 years, its 100-year run of success is nothing short of astounding. The leading gross certainly suggests efficiency, while the longevity confirms resilience—a productive balance. Read Full Story

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How Your Local Business Can Be a Helper

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Posted by MiriamEllis “When I was a boy and I would see scary things in the news, my mother would say to me, ‘Look for the helpers. You will always find people who are helping.’ To this day, especially in times of disaster, I remember my mother's words, and I am always comforted by realizing that there are still so many helpers — so many caring people in this world.” — Fred Rogers This quote is one I find myself turning to frequently these days as a local SEO. It calls to mind my irreplaceable neighborhood grocer. On my last essential run to their store, they not only shared a stashed 4-pack of bath tissue with me, but also stocked their market with local distillery-produced hand sanitizer which I was warned will reek of bourbon, but will get the job done. When times are hard, finding helpers comes as such …

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This ‘airlock’ for restaurants ensures that picking up your takeout order is 100% contact free

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The design—open-source, so any restaurant can implement it—makes it so restaurant workers and customers never breathe the same air. Restaurant workers at takeout windows, like cashiers in supermarkets, face a greater risk of catching the new coronavirus because of the sheer number of people they see each day. But at Creator , a restaurant in San Francisco, a new pressurized “transfer chamber” means that germs can’t come in when an order goes out. The restaurant is now sharing the open-source design for other retailers to copy. Read Full Story

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Growth of the World’s Most Valuable Brands Slows – But Their Collective Value Still Hits $5 Trillion

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In its latest Top 100 Most Valuable Global Brands 2020 report, BrandZ shows that the value of the world’s most valuable brands continues to grow – albeit more slowly than in recent years. The report indicates that the value of the top 100 brands grew by 6% in the past year (compared to 7% in… Read More » The post Growth of the World’s Most Valuable Brands Slows – But Their Collective Value Still Hits $5 Trillion appeared first on Marketing Charts .

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Best Business Security Systems

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Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission. It’s a good idea to set up a business security system before you need it. For too many companies, the decision to make this investment is reactive. Their company’s physical security gets compromised, resources are lost, and employees feel unsafe. A lot of people see cost as a barrier to installing a reliable business security system. That used to be true, but today, there are tons of really affordable solutions. A small shop can set up basic video surveillance for under $300 for the first year. No joke. And the high-end systems cost nothing compared to the losses they prevent. Don’t want to drill holes and run wires? That’s fine. There are DIY wireless systems available for a song. And, with video storage in the cloud, most business owners …

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Best Time Clock Software

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Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission. The days of the paper punch cards and physical time clocks are fading in the rearview mirror. But time clock software isn’t just a less clunky alternative to the physical clock. It saves companies time by eliminating all the processing of individual cards. It makes managing remote workers and teams easier and more streamlined. It alleviates human error and prevents employees from attempting to game the system. And it makes running payroll a breeze since everyone’s info is all in the same place. When you’re ready to implement time clock software for your company, choosing the best one will be easy with our list of the top seven time clock software options. The Top 7 Time Clock Software Options Homebase – Best Free Software ClockInEasy – Simplest Solution TimeClockPlus …

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Allocadia’s MPM platform will inspire you to ditch your marketing spreadsheets

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30-second summary: Founded in 2010 by twin sisters Kristine and Katherine Steuart, Allocadia has over 100 employees around the world. Allocadia serves mid-to-large businesses with their cloud-based MPM platform, which is available at three price points, depending on the level of management required. MPMs enable companies to plan, gain insights, and optimize multiple marketing campaigns and programs from one central location. After implementing the platform, Allocadia customers can begin seeing results within thirty days. Since Juniper Networks implemented Allocadia seven years ago, the marketing team has closed the quarter within 1% of target for the past 29 quarters. After Microsoft implemented Allocadia in 2016, the company experienced an 88% reduction in manual data entry, were able to account for 100% of field marketing dollars, and generated over 1 million leads via planned marketing activities. By using Allocadia’s tools, GE Digital’s marketing organization reported 2.55 times greater return on marketing investment …

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