by | Dec 29, 2015 | Business Profit & Cash Flow Tips, Other, Personal financial planning, Small Business Owners
Most people are interested in adding real estate to their investment portfolio. However, simply adding random properties or making investments that don’t pay off or make a profit is not an effective use of your funds. Savvy investors working with financial advisors...
by | Dec 17, 2015 | Business Profit & Cash Flow Tips, Cash Flow, Small Business Owners
Anything can be tracked. And once it is tracked, it can be improved. Sales and marketing activities are no different. Unfortunately, filling out reports is often viewed as one of the least satisfying aspects of selling. Smart sales professionals...
by | Dec 14, 2015 | Business Profit & Cash Flow Tips, Small Business Owners
One of the keys to improving your business is to honestly evaluate your company’s strengths and weaknesses. Once you eliminate your weaknesses and enhance your strengths, your sales and profits will soar. Check out our ISB Monthly Membership Site for a free...
by | Dec 11, 2015 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners
Waiting until the accountants give you a financial statement for the current month is not an option for a business owner who is focused on keeping margins high. They know that gross margins are made up of many factors and all of them are subject to change at...
by | Dec 10, 2015 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
Every business owner has been faced with a customer carrying a competitor’s ad or invoice with a lower price. Your immediate reaction is to match the price. When you are trying to increase gross profit, the fastest route to putting more cash in your bank...
by | Dec 9, 2015 | Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Small Business Owners
Complacency kills more businesses than just about anything else. I recognize it when a business owner says, “We’re doing alright.” Or “I’m working harder and making less!” When I push, they say that they are doing what they always have done and what is...