by | Jul 18, 2017 | Business Success Series, Small Business Owners, Small Business Success Series
The purpose of a special project action team is simply to improve the business. It is hard to improve your business amidst the chaos of day-to-day operations. Apple is a great example of the success of action-oriented teams that strive to improve business and...
by | Jul 17, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Income Taxes, Small Business Owners, Small Business Success Series, Surviving an IRS Audit Series
IRS regulations require that every business owner track the business use of their auto. But this can be such a hassle that I can count the number of business owners who do so on one hand. Of course, if you are audited, not having a log can cost you in...
by | Jul 13, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
The lifetime value of a customer is one of the most important numbers every business owner must know and understand. You calculate it by taking the average price that your customers pay for your main products or services and multiplying that average by the...
by | Jul 11, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Sales & Marketing, Small Business Owners, Small Business Success Series
The myth most business owners believe: Most business owners think that if they just bring in more sales that profits will take care of themselves. The truth successful business owners learn the hard way: You can increase sales dramatically and still end up...
by | Jul 6, 2017 | Business Success Series, Sales & Marketing, Small Business Owners, Small Business Success Series
Take a look at your sales material, and I mean really look at it. Did it sell you? After looking and reading your material, did you have the urge to learn more about your company’s products and services? Or was it just a bunch of pictures and text put together with...
by | Jun 29, 2017 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
Nobody likes to talk about the possibility of disaster, but that doesn’t mean you shouldn’t have a comprehensive disaster recovery plan for your business. You may not be hit with a hurricane, tornado, or earthquake, but even a broken pipe or a minor...
