Watch this video to learn the only two reasons for hiring employees, how to calculate your company salary cap and how to control labor costs. Also review three examples of success controlling labor costs. Labor costs are usually the biggest cost item for a...
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8 Things You Must do to Jump Start Your Business Profits
Here are the eight things highly successful business owners do differently from their not as successful competitors. A trend I noticed a few years back seems to be gathering steam. My business clients seem to be doing either exceedingly well or just...
What’s Your Marketing Grade?
As Dan Kennedy, author of the No B.S. marketing books says, “Every business is a marketing business.” Only after business owners understand this key point are they ready to grow their business. Take this test to see how good your marketing is. Grade yourself...
I Forgot to File My Taxes! Now What?
Every year I hear this question from people who just missed the tax deadline. What should you do If you forget to file your tax return on time? Every year I hear this question from people who just missed the tax deadline. I joke that these are the...
Save Taxes by Hiring Your Spouse
Your spouse is probably already helping you in your business. Actually, officially putting them on the company’s payroll has many advantages. If you’re a business owner, you know how much you rely on your family’s support. Your spouse is probably...
Where Are You Going & How Will You Get There?
Do you know where you are taking your company and how you will get there? In this video I discuss why you must have a company strategy and how it is vital to growing your business. Simply put, a company strategy is how you are going to reach your long-term...
Critical Business Mistake #3- Not Knowing Your Costs
Not knowing your true costs & opportunity costs can seriously lower your business profits. Learn why you must know your costs & how to calculate them Make Sure All Your Products Are Cash Cows All business owners know that not all products are...
Part 2 Not Mastering Your Cash Conversion Cycle
In every business, cash is king. You’re going to go out of business without it, even if you’re profitable. With it, you can hide a lot of sins. But the truth is that very few business owners actively manage their cash. Mastering Your Cash Conversion Cycle The...
Major Business Mistakes You Must Avoid! Part 1: Not Focusing on Marketing
Thousands of businesses fail every year. This year much more than any time in history. Here I discuss what marketing and sales you must focus on to succeed. Every year thousands of businesses shut their doors, ending the dreams of so many hopeful...
Do You Have What it Takes to Succeed?
In this video I cover the three traits every successful business owner and high level sales person must have. I was recently listening to an interview with master salesman Steve Clarke (you should check out his website www.newschoolselling for some great sales...