According to statistics, more than 89% of non employer (solopreneurs) entities make less than 6 figures each year. That’s pretty alarming considering that 65% of those businesses generate less than $25k a year. If so few small businesses are generating 6 figures in revenue, what does that mean for profits? ... Keep Reading »
profits
What You Need To Know Before Setting Your Prices
“How do I set my fees without short changing myself?” That was a question I received from an entrepreneur during a live training. My response was how much does it cost you to be in business? She didn’t know. In setting your fees, it’s important to know what your business expenses are. I know you’re probably wondering why ... Keep Reading »
Don’t Wait Until Payday, Get Paid Today
When I was in corporate America there was one day I looked forward to no matter what day of the week it was and that day was payday! It didn’t matter if it was Monday, Tuesday, Wednesday, Thursday, or Friday if it was payday, it was a good day. It was a pretty simple formula, in exchange for me completing a certain set of tasks I’d received a paycheck a couple times a month. It ... Keep Reading »
3 Reasons Goal Setting Doesn’t Work
Earl Nightingale said, “people with goals succeed because they know where they're going.” Without goals you can’t expect the future you desire to magically appear. Not setting goals is a goal. It’s a goal to remain the same. If goal setting is key to achieving high levels of success and profit in business, why is it that only a small number of business owners achieve their ... Keep Reading »
3 Simple Steps To Keep Your Profits In The Black
Whether you consider yourself a small business owner or an entrepreneur, one of your goals should be to keep your profits in the black (which means you’re making money!). That may seem too basic but I want to make sure that all business owners – new and seasoned understand what it means to be in the black. ... Keep Reading »