by Wayne Belisle | Aug 22, 2022 | Business Profit & Cash Flow Tips, Small Business Owners
In March 2020, the U.S. government passed the CARES act — a bill designed to provide financial aid to millions of Americans and small businesses during the COVID-19 pandemic. The two most notable programs to come from this bill were the Payment Protection Program...
by Wayne Belisle | Jul 25, 2022 | Business Profit & Cash Flow Tips, Small Business Owners
Repeat customers are extremely valuable to the success of your business. How valuable, exactly? Well, the lifetime value of a customer is arguably the most important figure to know in not only your marketing plan but also your business profitability plan. As a...
by Wayne Belisle | Jul 11, 2022 | Business Profit & Cash Flow Tips, Small Business Owners
In working with countless business owners over the years, I have found that every successful business has one thing in common — business plans. The successful business owner not only understands the importance of planning but also updates their business plan regularly...
by Wayne Belisle | Jun 27, 2022 | Personal financial planning, Small Business Owners
As a business owner, you may have introduced the concept of credit terms in order to increase sales of some of your high-ticket products and services. After all, the prospect of ‘buy now, pay later’ can be appealing to an interested customer. Here’s the problem that...
by Wayne Belisle | Jun 13, 2022 | Business Profit & Cash Flow Tips, Profit Maximizer Moment, Small Business Owners
Have you ever thought about discounting your business’s prices in order to get more customers? Perhaps you have even done this in the past! There are a handful of scenarios in which you might be tempted to discount your price. Perhaps you have recently seen a rapid...
by Wayne Belisle | Jan 31, 2022 | Business Profit & Cash Flow Tips, Small Business Owners
The world of business faced considerable challenges last year, and it’s forced us to reevaluate the nature of work in numerous ways. That being said, there are principles of business that have remained true before COVID and that hold now, and one of them is the...
