by | Mar 3, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Small Business Owners
Business owners rightfully see their businesses being affected negatively by increases in federal and state taxes, tougher bank credit rules, increased audits by the IRS and state, customers who are more cautious with their money, and ObamaCare taxes and rules. What...
by | Feb 26, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners
Entrepreneurs are sometimes lulled into winging it, managing by the seat of their pants, and flying blind. They forget about staying on top of the “performance numbers” that are important indicators of their business’s health. They don’t look for feedback that...
by | Feb 25, 2016 | Business Success Series, Small Business Owners, Small Business Success Series
Advisory boards provide isolated small business owners with an affordable outside perspective. They replace trial and error with experience and knowledge. They function as sounding boards and boards of inquiry. Advisory boards open needed doors...
by | Feb 18, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
Annual plans are generally used by business managers to help direct the business over the course of the year. Developing an annual profit plan enables you to: Make crucial business decisions that focus your activities and maximize your resources....
by | Feb 12, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners
Business owners often use outside accountants to audit their books to make sure they are recording business transactions correctly. Business owners should "audit" their customers to determine if they are happy with the company and plan to buy from the...
by | Jan 27, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners
One of the most common complaints I hear from business owners is that they are working harder and making less. When I question them, they often tell me that they've increased their sales but are still making less money. Without even looking at their books...
