by | Jun 5, 2020 | Profit Maximizer Moment
In this video I cover the major changes in the "Paycheck Protection Flexibility Act" designed to make it easier for PPP loan forgiveness. This bill is particularly important to business owners who received a PPP Loan but are still not able to fully open or...
by | Jun 2, 2020 | Profit Maximizer Moment
When you first start a business you are both the president and the janitor. As long as you are doing most of the work, management is easy. Once the business grows to a point where you can’t do it all by yourself anymore, having strong management skills is what...
by | Jun 1, 2020 | Profit Maximizer Moment
Every time I meet with a new business owner I say the same thing. “Congratulations, and my condolences.” See, I know what a wild ride they are about to embark on. I congratulate them because being self-employed can be both financially and emotionally...
by | May 28, 2020 | Profit Maximizer Moment
What if I fail has been a question that I have been getting frequently from small business owners. In this video I cover how I answer them. I was talking to a new business owner who was worried about failure. He kept saying, “What will I do if this...
by | May 27, 2020 | Profit Maximizer Moment
A recent study found that half of all small businesses are having trouble collecting receivables. During good times this is an annoyance. During bad times it is often the path to an appointment with a bankruptcy attorney. Collecting receivables requires a plan and a...
by | May 22, 2020 | Profit Maximizer Moment
In my forty+ years of working with small businesses, just about every business owner that I have worked with has been surprised by the amount of cash that they are leaving on the table. In tough times or good times, tracking every dollar your business uses and making...