by | Jul 14, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting
The typical small business owner pays a higher cost for not training their employees than what it costs in time and money to implement a training program. You can count on poorly-trained employees making mistakes that will cost your company money. Spending on...
by | Jul 13, 2016 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Small Business Owners, Small Business Success Series
Offering credit terms increases sales, but this inevitably leads to some clients who don’t pay their bill. This is especially true in this economy. Be sure to write off any bad business debts you can’t recover. To qualify for any deduction, the business...
by | Jul 8, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Income Taxes, Small Business Owners, Small Business Success Series
Most of my tax planning occurs at the end of the year. But thinking about taxes at mid-year is when you should really start. This is especially true if your income appears to be increasing dramatically over last year’s. With five months still...
by | Jun 21, 2016 | Business Profit & Cash Flow Tips, Cost Cutting, Current Affairs, Small Business Owners, Web/Tech
How many times have you been involved in a project where a newly-released piece of software required an immediate enhancement because the right people were not “in the loop”? This is an example of how poor communication costs money and damages the reputation of...
by | Jun 6, 2016 | Cash Flow, Cost Cutting, Personal financial planning
The summer is here, and that means it time to go over your vacation plans. The good news is you don’t have to spend a fortune to get away from it all for a week or a weekend. Here are a few ways to take a frugal break from the grind: Compare...
by | Jun 2, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Sales & Marketing, Small Business Owners, Small Business Success Series
If you don’t have financial controls in place, it’s not a question of whether people will steal from you, but when. The best way to ensure that your company won’t suffer from property or financial loss is to be savvy. As the old adage says, an ounce of...
