by | Jun 20, 2016 | Business Profit & Cash Flow Tips, Sales & Marketing, Small Business Owners
To improve your profitability you must either make a larger gross margin on each dollar of sales or sell more without increasing your fixed costs. It goes without saying that the greatest improvement will be realized when you achieve both simultaneously. ...
by | Jun 16, 2016 | Business Success Series, Current Affairs, Small Business Owners
When I started my business back in 1991, my office for the first three years was based in my home. A recent study shows that this is very common (http://smallbiztrends.com/2013/07/home-based-businesses-startup.html). The study found that 69 percent of...
by | Jun 15, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
Two of the biggest problems that employers have with managing employees are 1) reviewing employees’ work and coaching them toward performing at the desired level, and 2) keeping track of what you have delegated to them and having them work on what needs to be worked...
by | Jun 14, 2016 | Accounting & Bookkeeping, Income Taxes, Small Business Owners
It is always a bit of a challenge with everything going on in your life to keep tax planning in your thoughts throughout the year. The good news is that if you work with an accountant he or she will typically send you newsletters or emails that will help you remember...
by | Jun 13, 2016 | Accounting & Bookkeeping, Income Taxes, Personal financial planning, Small Business Owners, Tax Tip of The Week
It seems that many people think that having an accountant is something that is only necessary if you have your own business, a large investment portfolio or if you are one of the very wealthy. In fact, having an accountant that does your taxes on a yearly basis is...
by | Jun 10, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Sales & Marketing, Small Business Owners, Small Business Success Series
Email marketing to your current customers is one of the most efficient marketing tools you can use. It is much cheaper to sell to your current customers because they already know you, like you, and trust you. But like most things in business, you must...
