by | Jul 22, 2020 | Business Profit & Cash Flow Tips, Profit Maximizer Moment
Not knowing your true costs & opportunity costs can seriously lower your business profits. Learn why you must know your costs & how to calculate them Make Sure All Your Products Are Cash Cows All business owners know that not all products are...
by | Jul 20, 2020 | Business Profit & Cash Flow Tips, Profit Maximizer Moment
In every business, cash is king. You’re going to go out of business without it, even if you’re profitable. With it, you can hide a lot of sins. But the truth is that very few business owners actively manage their cash. Mastering Your Cash Conversion Cycle The...
by | Mar 8, 2019 | Business Profit & Cash Flow Tips
Reducing Labor Costs (to the lowest possible without reducing customer satisfaction!) The most important thing for every business owner to remember is that there are only three reasons for a business owner to hire employees: The job is required to sell and deliver...
by | Mar 7, 2019 | Business Profit & Cash Flow Tips, Profit Maximizer Moment, Sales & Marketing
The fastest way to increase sales and customers is to increase sales to current customers. And email marketing is one of the fastest, easiest, most economical and effective methods of marketing available to the small business owner. Watch this video to learn the...
by | Mar 6, 2019 | Business Profit & Cash Flow Tips, Profit Maximizer Moment, Sales & Marketing
If you plan to grow a massively profitable business you will need to hire employees. Unfortunately most business owners have no formal employee management training. Learning to hire, manage, motivate, delegate to, compensate and everything else that comes with your...
by | Mar 1, 2019 | Business Profit & Cash Flow Tips
Increasing profitable sales can be accomplished by all business owners, but doing so takes time. The fastest way to increase profits is to decrease overhead costs. If you have a 50% cost of goods sold rate, then every $1 reduction in expenses is equal to...