This is a common question that every business owner asks at one time or another. The answer is simple: Your business is worth what someone thinks it is worth! Yes, I know, that’s very simplistic. But at the end of the day, you will only know its actual...
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How Long Am I Required to Keep My Tax Records
In this video I answer a question that I am asked at least a dozen times a year--How long am I required to keep my tax records? Before you do anything else, why not join The Profit Maximizer Club on FaceBook. This community is designed to help each other grow their...
4 Customer Service Question’s You Must Answer
In today’s market the consumer is now king. They can check out your firm in advance of contacting you. They then can tell all their friends, relatives, and co-workers using social media exactly what they discover in a much more efficient way than ever before. To...
Marketing With a Tiny Budget
Every business experiences a time where they need new customers but just don’t have the advertising budget. In this video I cover the four things that you can do. Before you do anything else, why not join The Profit Maximizer Club on FaceBook. This community is...
Why Your Business Should be an S Corp
In this video we discuss why roughly 85-90% of small business corporations electing to file as an S-Corp and how are LLC's taxed. Before you do anything else, why not join The Profit Maximizer Club on FaceBook. This community is designed to help each other grow...
Myth Vs Truth: Getting New Customers is the Key to Growth
The myth most business owners believe: Too often I hear business owners express how well their business is doing by how much their sales are growing. When I probe, I find that all their marketing and sales efforts are focused on getting new customers. Why this myth...
Common Money Mistakes to Avoid
Business is all about people. Selling to prospects, creating support networks, and motivating employees are vital to your success. This is the work most business owners enjoy and concentrate on. They figure they can just turn the money matters over to their bookkeeper...
Common 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...
Hiring Your Spouse Can Cut Your Tax Bill
If you’re a business owner, you know how much you rely on your family’s support. Your spouse is probably already helping you in your business. In this video I cover why officially putting them on the company’s payroll has many advantages. Before you do anything else,...
Increasing Sales With Product Tiers
Creating product tiers is one of the easiest ways to increase sales from your current customers. All it requires is that you design more elite versions of your current products. You and your customers are already used to this. We see examples everywhere. In this video...