In this video I discuss why NOW is the perfect time to grow a massively profitable business--even in these tough economic times! Starting a business is risky. Very few businesses last 10 years, and even fewer actually achieve massive profits. So...
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“I Have become a slave to my business!”
The most valuable resource in every business is the business owner’s time! You can buy everything else except more hours in the day. So what can a business owner do to “find” the time to focus on what is most important to their success and survival—increased...
Cash Profits Are All that Matter
In this video I discuss how the basic accounting formula of Sales-Expenses=Profits is hurting your business profits. When I took my accounting classes and passed the CPA exam (the first in 1976, the second in 1977—dang, I’ve been doing this a long time!) I...
How 15 Minutes a Week Can Massively Increase Your Sales, Cash Flow & Profits!
In this video I show how the owners of highly business profitable business owners use 15 minutes a week reviewing certain financial numbers to increase their sales, cash balances and profits. How spending 15 minutes per week reviewing five reports can increase...
Use Special Project Teams to Increase Profits
As you work on increasing your profits each month, you will start to identify many projects that need to be completed. Some will naturally belong to a certain employee; others will not. Those that do not should be assigned to a special project team. The purpose of a...
Use Hot Tickets to Eliminate Customer Errors
Most problems occur repeatedly for a reason. Using hot tickets helps you quickly resolve problems. You will soon discover that they also help you track problems. Once you identify recurrent problems, you can start looking for causes and finding solutions. In this...
You Must be the Profit Maximizer for Your Business!
It may seem like the biggest cliché in the world, but profit is the key to your success. Explaining why profit is so important for companies is a little like explaining why your health is important. In this video I discuss why it is essential for you to become your...
What Changes are in the PPP Forgiveness bill Passed by Congress?
In this video I cover the major changes in the "Paycheck Protection Flexibility Act" designed to make it easier for PPP loan forgiveness. This bill is particularly important to business owners who received a PPP Loan but are still not able to fully open or...
Business Management Mistakes to Avoid!
When you first start a business you are both the president and the janitor. As long as you are doing most of the work, management is easy. Once the business grows to a point where you can’t do it all by yourself anymore, having strong management skills is what...
Marketing Mistakes to Avoid!
Every time I meet with a new business owner I say the same thing. “Congratulations, and my condolences.” See, I know what a wild ride they are about to embark on. I congratulate them because being self-employed can be both financially and emotionally...