by | Jun 30, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
Every year thousands of businesses shut their doors, ending the dreams of so many hopeful entrepreneurs. Since the economic downturn in 2008, this unfortunate trend has accelerated. One thing that is overlooked in this statistic is the high physical,...
by | Jun 24, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
We are all creatures of habit. Once we start buying from someone, we resist changing to someone else. This is a big problem in my business because clients just hate having to find a new CPA. Several have told me that even though they were not...
by | Jun 23, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
Thirteen years ago my firm had outgrown my office and we needed to move. The office next door became available, and I jumped at the opportunity to rent it. I thought that moving right next door would make it easier to move and easy for my customers to...
by | Jun 22, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series, Social Media Marketing, Web/Tech
Social media, the Internet, and mobile devices are revolutionizing marketing. Big companies are jumping into these avenues with a huge investment in advertising dollars and employees. This can intimidate the small business owner and make them ignore the...
by | Jun 21, 2016 | Business Profit & Cash Flow Tips, Cost Cutting, Current Affairs, Small Business Owners, Web/Tech
How many times have you been involved in a project where a newly-released piece of software required an immediate enhancement because the right people were not “in the loop”? This is an example of how poor communication costs money and damages the reputation of...
by | Jun 20, 2016 | Business Profit & Cash Flow Tips, Sales & Marketing, Small Business Owners
To improve your profitability you must either make a larger gross margin on each dollar of sales or sell more without increasing your fixed costs. It goes without saying that the greatest improvement will be realized when you achieve both simultaneously. ...