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Tag Archives: business financial help
Instant or Deferred Gratification?
There can be a tendency to celebrate short term business success too soon. Let’s say your business has a good month and you make a nice profit. Should you take a bonus? Should you reward yourself right away? Continue reading
Managing Your Interest Rate Risk
It seems ‘the crowd’ is assuming that interest rates will remain low for a few more years, but let’s look at the investing side of the equation… Continue reading
Pricing Strategy
Are you pricing to the 10% of customers that are never happy? You tend to hear the 10% crowd loud and clear when they complain, but forget that the other 90% are happy. Continue reading
Rent Some Money to Make Some Money
In business, have you ever heard the saying, ‘you need a quarter to make a dollar’? Money is cheap to ‘rent’ these days. Continue reading
Increase Profits by Learning to Say ‘NO’
Some business owners have trouble saying NO for various reasons, and this often costs them financially. Learn how to increase profits by saying, ‘NO’! Continue reading
A Simple Solution to Small Business Cash Management Problems
I was talking yesterday with a client who I consider to be the best at collecting money as a small business owner. Quite a few years ago he actually went to jail trying to collect money from one customer because he tipped a desk over on him! Continue reading
Motivation in Business
Time and time again I discover success is less about what you know and more about the actions you take. The option of doing nothing is easy, it’s comfortable and it is perceived to be the least risky. This article features some proactive ways to eliminate the option of doing nothing. Continue reading
Improving Business Owner to Banker Communications – 3 Tips
Bankers speak one language – business owners speak a different one – when they get together without a translator, the result is usually frustration. Here are some tips accumulated over 30 years of being a translator, (aka: accountant and small business advisor). Continue reading
Cash is King! 5 Tips to Manage Your Business Cash Flow
Making a small business profit is not the same thing as having cash on hand – or your business cash flow. My advice for small business owners: Cash is king! Cash is what enables a business to pay its owner’s … Continue reading