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 »
know your numbers
7 Mistakes To Avoid When Setting Your Prices
New and seasoned business owners, alike have wondered at one time or another, what to charge for their products/services. The dialogue probably went a little something like this, “If I charge more I’ll lose business. And, if I lose business, I won’t make any money and if I don’t make any money, I won’t be able to pay my bills, and if I’m not able to pay my bills, I’ll have to ... Keep Reading »
7 Mistakes Profitable Business Owners Don’t Make
Starting a business is an exciting journey, staying in business takes commitment, courage, action and lots of wine, if you’re a wine drinker. If not, it takes lots of meditation, working out or running for my fellow runners. The truth of the matter is building a business takes time, energy and effort. But there are a few mistakes that can hinder your business growth, success ... Keep Reading »