by | Aug 21, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners
Running a business from home is a tricky thing because, on one hand, you have decided to work from home for the flexibility; while on the other hand, everyone (including you, sometimes) seems to think working from home means a vacation with a computer. Taking...
by | Aug 18, 2017 | Business Success Series, Other, Sales & Marketing, Small Business Owners
Engaging customers is vital to the world of B2B, and there are a number of ways in which you can improve your efforts to do so. One good tip is to make sure you have clean data. It becomes very difficult to engage your customers if you have incorrect data. The best...
by | Aug 8, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
“When should I hire a new employee?” is a question I get asked often, especially when a business owner is looking at hiring their very first employee. My answer is that there are really only two reasons to hire an employee: They do work that directly...
by | Jul 18, 2017 | Business Success Series, Small Business Owners, Small Business Success Series
The purpose of a special project action team is simply to improve the business. It is hard to improve your business amidst the chaos of day-to-day operations. Apple is a great example of the success of action-oriented teams that strive to improve business and...
by | Jul 17, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Income Taxes, Small Business Owners, Small Business Success Series, Surviving an IRS Audit Series
IRS regulations require that every business owner track the business use of their auto. But this can be such a hassle that I can count the number of business owners who do so on one hand. Of course, if you are audited, not having a log can cost you in...
by | Jul 13, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
The lifetime value of a customer is one of the most important numbers every business owner must know and understand. You calculate it by taking the average price that your customers pay for your main products or services and multiplying that average by the...
