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Mar18
Your Economic Stimulus Rebate - A Reality TV Perspective

As a non US resident, I'm an outsider looking in at the economic stimulus package rebate, but am following it with interest.

IRS Rebates
The IRS Economic Stimulus Calculator will give you a better idea of how much you are eligible for. Most people seem to say about $600 for an adult - $1200 for a couple, and maybe more with kids. button_money.png

Rebates tend to be ploughed straight back into small business. Or you may pay for an urgent personal expense - even an indulgence or two. It's all about priorities.

This month at Small Biz Mentor we're gleaning small business insights from the food industry.

I've been following a few reality TV restaurant series where a visiting chef takes a look at what's happening in a restaurant. He gives no holds barred advice on what needs to be done, and provides some funding and resources.

The restauranters themselves are often too close to the situation, to see what the visiting professional sees. Can an outsider see things you miss?

I know your small business isn't reality TV, but it could be interesting to at least reflect on this approach when deciding how to use your rebate.

Take a step back, and try to view your business from the point of view of an informed outside professional or colleague in your small business field.

  • If he or she was allocating your rebate, what would they see as the priority?

  • What would your manager or staff nominate as the priority?  


3 Comments/Trackbacks




» The Little Pizza Cafe That Could - Take Aways For Any Small Business from SmallBizMentor
Watching other small business owners in action and learning from their strengths and mistakes is very instructive.Our March sub theme looks at the food industry. Last week my husband and I went to a favorite pizza and pasta cafe.  It's... [Read More]

» Small Biz Mentor Food Industry Roundup from SmallBizMentor
We took a look at the food industry, and what we could learn that relates to other small businesses. Here's a roundup. Starbucks Connects With Customers Via Website - Starbucks is doing something right with their website, but there's no si... [Read More]

» Tap Into The Feedback Staff Can Provide About Your Business from SmallBizMentor
We get very comfortable with the status quo. It often takes a new person to join the team to offer a new perspective... the adage of the "new broom sweeps clean". If this new person is in a position of... [Read More]

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