Quarterly Meeting Not Worth a Plugged Nickel
I was invited to the company’s quarterly meeting and it turned out to be not worth a plugged nickel! I thought this would be a good opportunity to meet the sales team and get more insight into the business. We were still working on the documents to clarify the new company’s structure, that is meeting the Women’s Business Enterprise Council’s (WBENC) requirements, but I had formed a new entity, registered the with the GS1 US for our bar codes, created a logo, and set up a business checking account. I had secured placement with The Kroger Company for two flavors of the “heart healthy” frozen pizza. I had completed the new item forms locking in our price and pack size. This was a home run for the team. I thought there would be some type of excitement over the opportunity at hand. Instead, there was no mention of the new pizza product, or me for that matter. I was shunned from the morning Read more
The Case of the WBENC Certificate
After our visit to the local grocery stores, the president, the equity guy and I headed back to the plant. The three of us headed into the president’s office and sat down around a little round table. They mentioned that they wished to discuss the next steps in our relationship. Then they laid it on me. The private equity group wanted to form a new Read more
