On any given day, you’ll find a news story about a local or national retailer downsizing or changing their business model. Some go out of business completely because they fail to focus on their customers and acknowledge how technology is constantly changing the shopping experience. Remember, Blockbuster? There are some businesses, large and small that realize the old way of ... Keep Reading »
growing a profitable business
Simple Ways To Boost Your Sales
One of the busiest and most lucrative times of the year for many business owners is the holiday season. I emphasize many business owners because some business owners believe that no one will buy their products and/or services during that time of year. What?!? Are you kidding me? Honestly, there's more than enough opportunities to generate sales than to think that no one ... Keep Reading »
What Every Small Business Owner Should Have
There’s no shortage of bright, shiny objects coming into the market daily that you “must have” if you want to grow your small business. On top of that, there’s your daily business to do list. Plus, you have a personal life, right?! It can all be a bit daunting if you haven’t clearly defined what success looks like for you and more importantly, what your clients want from ... Keep Reading »
What Rich Entrepreneurs Know
How much revenue did your business generate last month? How much profit did your business make last month? What about last year? Do you know? According to the SBA, one of the top reasons small businesses fail is due to poor accounting. In other words, small businesses fail because business owners simply aren’t looking at the numbers. The numbers matter. If you’re going ... Keep Reading »
5 Must Haves To Generate Consistent Cash Flow and Profit
Cash flow. As a small business owner, either you have it or you don’t. It’s not optional if your goal is to stay in business. Knowing and understanding the financial health of your business is key to building and growing a highly profitable business. You don’t have to be a CPA to master your cash flow. It doesn’t matter what phase of business you’re in, start up, growth or ... Keep Reading »