Using a SWOT Analysis to Massively Increase Profits

by | Apr 14, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners

SWOT analysis is an important tool for any business owner who wants to increase profits.  It is especially useful when preparing an annual profit enhancement plan.  SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.  During the last...

Goal Setting For Profits

by | Apr 7, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Small Business Owners

Success in business or anything else is a matter of getting things done.  That’s why our magazine’s motto is Good Ideas + Action = Massive Profits.  Your business success is measured by how much of your strategic plan you implement.  Goal setting is...

Create a Disaster Recovery Plan

by | Apr 5, 2016 | Business Profit & Cash Flow Tips, Small Business Owners

Nobody likes to talk about the possibility of disaster, but that doesn’t mean you shouldn’t have a comprehensive disaster recovery plan for your business.  You may not be hit with a hurricane, tornado, or earthquake, but even a broken pipe or a minor fire can...

What Makes A Good Investment?

by | Apr 4, 2016 | Business Profit & Cash Flow Tips, Small Business Owners

Have you ever had a friend suggest a sure fire investment? If you think back, you may recall thinking they were a bit delusional and that the investment was risky at best or a complete non-starter at worst. The reality is many people have a hard time determining what...

If Not Now, When?

by | Apr 1, 2016 | Business Profit & Cash Flow Tips, Cash Flow, Small Business Owners

To succeed in the business world, you have to replace excuses with action.  Many owners barely have enough money to pay bills and survive; they don’t have much left over for anything else.  Many are struggling with not making enough money to take...

The 2 Percent Growth Model

by | Mar 31, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners

I recently heard an interview with a CEO of a company that is listed in Entrepreneur Magazine’s fastest-growing companies.  He was asked what planning process he used to grow his business.  He answered that from the beginning his goal was to grow by 2...