Increase your profit – Understanding your Margins
I am working a lot with companies that have been around for 5-10 years or longer and have revenues in the $2-$10 million range but… Read More »Increase your profit – Understanding your Margins
Forecasting
Increase your profits – Fire some clients / staff
It sounds counterintuitive at first but one way to increase your profits is to fire trouble clients or staff. Mike Michalowicz wrote a book called… Read More »Increase your profits – Fire some clients / staff
How to improve profit – Goals / KPIs
We are into summer of 2023 and small business profits are getting squeezed tighter and tighter as employees ask for raises to deal with inflation… Read More »How to improve profit – Goals / KPIs
Create a Monthly Cash Flow and Financial Statement Summary
Understanding your companies cash flow is critical to running your business. It will let you know if you can invest in hiring more people, in… Read More »Create a Monthly Cash Flow and Financial Statement Summary
Increase Profits through Operations for a Solopreneur
The video below covers a how to increase proitss for solopreneur’s and small businesses. It cover some finance concepts related to – Profit Margin Increase… Read More »Increase Profits through Operations for a Solopreneur
How to Increase Profits through Operations
I have had a lot of meetings with newer entrepreneurs who have a lofty financial target in mind like getting to $10K of monthly sales… Read More »How to Increase Profits through Operations
How to Increase Profit
I frequently see businesses that are not profitable or have small profit. Usually, these owners are burned out and very frustrated and don’t know what… Read More »How to Increase Profit
3 metrics you are focusing on that may not help improve your business – Revenue, Profit, Growth
Here are some metrics that are good metrics but sometimes business owners rely too heavily on them instead of really trying to improve the business. … Read More »3 metrics you are focusing on that may not help improve your business – Revenue, Profit, Growth
Podcast on Bookkeeping, Budgeting and Profitability
I had the pleasure of being on the Rialto Marketing Podcast with Tim Fitzpatrick. We covered some great topics including – How can people be… Read More »Podcast on Bookkeeping, Budgeting and Profitability
5 Key Metrics to Check in your Five Year Plan
Here are my favorite metrics to check when I finish creating a five year plan. These metrics are also great to check for annual budgets… Read More »5 Key Metrics to Check in your Five Year Plan