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...
by Wayne Belisle | Mar 18, 2024 | Small Business Owners
The 2024 tax season is in full swing. Are you ready? If you’re like most people, you fall into one of two camps. You’re either prepared weeks or months ahead of time, or you’re scrambling to get all of your files together days before the deadline. It should go without...
by Wayne Belisle | Aug 7, 2023 | Cash Flow, Small Business Owners
When you need to increase sales and profits, you may be tempted to discount your products—and you wouldn’t be alone! Many business owners assume that this is the fastest, easiest, and most effective way to increase sales and grow profits. Perhaps you encounter a...
by Wayne Belisle | Jul 24, 2023 | Small Business Owners
The lifetime value of a customer is a vitally important metric that every business owner should know and understand. Fortunately, this number is relatively easy to calculate. First, take the average price that your customer pays for your products or services and...
by Wayne Belisle | Jun 26, 2023 | Business Profit & Cash Flow Tips, Sales & Marketing, Small Business Owners
If you own a business, you know that it’s not always easy to convert a lead into a customer. After all of the advertising, marketing, and communication, you may have exhausted a significant amount of time, energy, and money earning their business. This begs the...
by Wayne Belisle | Jun 12, 2023 | Small Business Owners
An increase in sales is an important cog in the profit formula, but increasing sales in a vacuum isn’t enough. Rather, you should always aim to increase while spending as little money as possible. Perhaps the best way to achieve this is through customer...