by | Aug 29, 2016 | Accounting & Bookkeeping, Income Taxes, Small Business Owners
It's never too early, right? As a small business owner or an entrepreneur you should be talking to your accountant at least once or twice a year, and ideally more often, to make sure that you are taking full advantage of any tax deductions or opportunities...
by | Aug 26, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
I was like most business owners when I started. I was good at doing the core product and thought that would be enough. My training and experience had made me a good CPA. But I had never been trained in marketing and sales. I thought if I...
by | Aug 24, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Small Business Owners, Small Business Success Series
The formula for business success is amazingly simple. It consists of the following: Find the hungry customers. Dan Kennedy is famous for saying, “The number one thing I would want if I owned a restaurant is hungry customers.” By this he...
by | Aug 19, 2016 | Cash Flow, Sales & Marketing, Small Business Owners
If your business is experiencing cash flow problems, you can most likely trace the cause to one of the following areas: Your sales are not high enough. You are not collecting your receivables in a timely matter. Your prices are too low. You are spending too much. More...
by | Aug 18, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
A study published by Bob Thompson, “The Loyalty Connection: Secrets to Customer Retention and Increased Profit”, found that 73 percent of customers who stopped buying from a business did so because of customer service. Further digging showed that...
by | Aug 17, 2016 | Business Success Series, Small Business Owners
Management by walking around (MBWA) is a concept that was popularized back in the ‘80s by Tom Peters and Robert Waterman in their bestseller In Search of Excellence. Steve Jobs of Apple was a master practitioner of this theory. Not only did he talk to...