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...
by | Mar 18, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Small Business Owners, Small Business Success Series
It may seem like the biggest cliché in the world, but profit is the key to your success. Explaining why profit is so important for companies is a little like explaining why your health is important. Why are profits so important? Here’s why: Profit is the...
by | Mar 11, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
Simply put, a company strategy is how you are going to reach your long-term goals from here. If I need to get to San Diego from El Paso in the next couple of months, my options are almost endless. If I wanted to, I could copy one of those Bike Across...
by | Mar 10, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners
Every business owner knows that the cash coming in doesn’t always match up with the cash going out. This is especially true for start-up businesses or seasonal businesses. Without the necessary cash reserves to ride out the tough times, many business...
by | Mar 8, 2016 | Business Success Series, Small Business Owners, Small Business Success Series
While successful diversification offers security and great opportunities for increased profits, it also represents significant peril. You need to differentiate between two types of diversification, one of which works far better than the other. The best...
by | Mar 4, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
After working with thousands of small business owners over the last thirty years, I have noticed that there is very little actually separating those who are fantastically successful from those who are struggling. Many business owners I have worked with...
