by | May 19, 2020 | Profit Maximizer Moment
Over the last 35+ years I have had the pleasure of working with thousands of business owners. Less than 1% of these I would classify as highly successful businesses dominating their niches. Yet all of these business owners had one thing in common: Every extremely...
by | May 14, 2020 | Profit Maximizer Moment
Increasing sales is important to any profit enhancement plan. But cost cutting cannot be left out. If you are operating on a 10 percent net profit margin, a $1 cost reduction is equal to a $10 increase in sales.In order to achieve lower costs, you should perform a...
by | May 13, 2020 | Profit Maximizer Moment, Tax Tip of The Week
In this video I cover recent changes in PPP loans, EIDL loans and Employee Retention Credit. The number and speed of the changes that are occurring is one reason you need professional help while preparing your PPP loan forgiveness package, apply for EIDL loans and get...
by | May 7, 2020 | Profit Maximizer Moment
In this video I cover what you will need to do to get your PPP loan forgiven. Also discuss some areas that the SBA still needs to issue guidance on and what a banker who specializes in SBA loans and I believe is the correct answer at this time. One thing for...
by | May 4, 2020 | Profit Maximizer Moment
Cutting overhead costs is the first step I am coaching my clients to do in order to increase profits and survive COVID19 shutdowns and the following recessions. In this video I discuss how to do this in a way that cuts expenses without affecting your customer...
by | May 1, 2020 | Profit Maximizer Moment
There are time tested things that every business owner must do when the economy is tough. This situation is harder since in our history we have never had the government force large parts of the economy to shut down. We also have never had government give so much help...
