by | Sep 28, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
The 5-15 report is so named because it requires no more than 15 minutes to write and five minutes to read. Handwritten or typed, it is submitted every Friday by most employees. The first part of the report is a simple description of what a person did...
by | Sep 21, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Personal financial planning, Small Business Owners, Small Business Success Series
In my 30+ years working with small business owners, I have found there are two main reasons that a business ends up struggling to survive. The first is a failure to understand that everything the owner hates or is going wrong in their business, they...
by | Sep 16, 2016 | Business Profit & Cash Flow Tips, Current Affairs, Sales & Marketing, Small Business Owners, Small Business Success Series
A trending term in the marketing world is conversion rate. It usually refers to Internet marketing. A Google search will turn up a bunch of different definitions, formulas, and conversion funnels, but they all sound confusing, especially if you’re not a...
by | Sep 15, 2016 | Business Success Series, Small Business Owners, Small Business Success Series
I was talking to a new business owner who was worried about failure. He kept saying, “What will I do if this doesn’t work? I have young children, a mortgage, and other bills to think about.” This “What if I fail?” worry is the biggest thing that stops...
by | Sep 14, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
Repeat after me: The fastest way to increase profits is to raise your prices and start charging what you are worth! This has been a very hard one for me to learn. I always worry about losing the sale because I have not adjusted my mindset. ...
by | Sep 9, 2016 | Business Success Series, Small Business Owners, Small Business Success Series
During my thirty plus years of working with businesses I have watched tons of businesses fail. The sad thing is many of these never should have failed. Sadder still are those businesses that failed due to the new business owner falling into traps that...