by Wayne Belisle | Nov 11, 2024 | Small Business Owners
Competition. Every business has it, yet far too many business owners treat it like a dirty word. They don’t take the time to analyze the other businesses in their market and what they’re doing right or wrong. This is a huge mistake, one that could destroy your...
by Wayne Belisle | Aug 6, 2024 | Profit Maximizer Moment, Small Business Owners
Every month, businesses face the challenge of covering their rent, payroll, and other expenses. Operating on a “taxi model”—where revenue comes from one-time sales and the search for the next client begins immediately after—can lead to unstable cash flow....
by Wayne Belisle | Jul 24, 2024 | Small Business Owners
Diversification is vital in various aspects of life, from investments to sourcing reliable news. The same principle applies in business. Diversification is the key to maintaining a healthy and stable company, and here are two main reasons why: First, diversification...
by Wayne Belisle | Jun 25, 2024 | Small Business Owners
As a business owner, you’ve likely spent years mastering your craft and gaining deep industry insights. Your expertise and confidence led you to start a business. However, industry know-how alone isn’t enough to keep a business afloat. The harsh truth is that...
by Wayne Belisle | May 13, 2024 | Cash Flow, Small Business Owners
If you hate budgeting, you’re in good company. Most business owners loathe this part of running their businesses. Heck, I’m a CPA and even I don’t like budgeting! At the same time, I recognize budgeting for what it is and the immense value it provides. It’s a vital...
by Wayne Belisle | Apr 29, 2024 | Small Business Owners
Cash is one of the most difficult elements for any business to manage. Every business owner knows the importance of having cash on hand. At the same time, every business owner understands that the amount of cash coming in doesn’t always match the amount of cash going...