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History of Davids Tea Davids Tea, based in Montreal, Quebec, opened its first location on Queen Street in Toronto, Ontario in 2008. Having built the fashion house Le Chateau, entrepreneur Herschel H. Segal wanted to try his hand in the tea business. With his cofounders David Segal, they started chasing the growing tea market and
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History of David’s Tea David’s Tea, based in Montreal, Quebec, opened its first location on Queen Street in Toronto, Ontario in 2008. Having built the fashion house Le Chateau, entrepreneur Herschel H. Segal wanted to try his hand in the tea business. With his cofounders David Segal, they started chasing the growing tea market and
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What is a competitive advantage? A competitive advantage is when a company possesses valuable resources and capabilities that enables them to perform activities better or more cheaply than their competitors. This, in turn, allows the company to generate above average performance. For a resource and or capability to provide a competitive advantage, it must be
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What is Availity? Availity is a healthcare software as a service (SaaS) company that focuses on streamlining the activities between healthcare providers and payers. They do this by creating various web-based software and services that range from engagement portals to electronic data interchange clearing houses. All these services work together to improve the efficiency of
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Why build a one-page strategic plan? Many mid-market businesses have no strategic plan at all. Instead, they treat the business like a job. They show up, do the work of the day, and assume tomorrow will be much the same. Businesses that do have a strategic plan usually have it on many pages. Usually it’s
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What are core values? The core values of an organization are the rules of behavior that everyone agrees to live by. Like a family, you already have them. Think of your current family or your family of origin. One of the core values of my family is respect. Parents respect each other, parents respect kids,
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How to deal with fear If you’re afraid of firing someone, welcome to the club! Everyone faces fear, no matter how seasoned they are. If you feel completely comfortable doing this task, that’s a bad sign! But there’s one rule to overcoming fear: Take action. Instead of stewing over this decision, take action and get
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Firing someone is difficult for both parties. Here’s how to fire someone the right way! How to deal with the fear of firing If you’re afraid of firing someone, welcome to the club! Everyone faces fear, no matter how seasoned they are. If you feel completely comfortable doing this task, that’s a bad sign! But
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