It’s generally a good idea to keep overhead costs low so that your business profits will be higher. This is especially true with items that are easily commoditized and fairly standardized, such as utilities and rent. But there are times when increasing expenses pays off nicely, and here are five areas to consider so you […]
Category Archives: General Business
It’s always a good idea to be on the lookout for ways to increase your profits, and there are many ways to do that. One way is to focus on cost-cutting, and here are five places that are good to periodically review for cost-cutting possibilities. Telephone Re-negotiating with the phone company every one to two […]
As business owners, we may be so busy making sure the bills get paid and our product or service gets out the door that we may not be quite as proactive about our own compensation. To pay themselves, many new business owners take what’s left after employees and vendors have been paid, and that ends […]
Do you want to have an awesome 2013? If so, now is the time to plan accordingly. Hindsight is always valuable, and we can learn important lessons from our past mistakes . We can take those lessons and incorporate them into our plans for the new year so that we can continue to learn, grow, […]
When you think of an accountant’s duties, you might think about traditional tasks, such as tax preparation, bookkeeping, and financial statement preparation. Here are five additional tasks that accountants can help with that you might not think of. 1. Evaluating Current Accounting Employees How can you know if your accounting employee is a star that […]
In a small business, the owner ends up wearing many hats to get the product or service delivered, the customers served, and the accounts settled. Within each functional area of a small business, there are even more hats. Although the accounting function might be considered one big hat, there are actually a number of skills […]
If you’re looking for ways to boost your productivity, technology is a great place to start. The good news is there are many free options available. Here are five favorites you might not know about. 1. Bridge lines. There are many high-quality teleconference lines that are completely free. You can have several people, even hundreds, […]
If you have an endless to-do list, you’re not alone these days. Most of us are constantly looking for ways to work smarter and get more done. Here are six quick tips to help your productivity so you can go home early. 1. Group tasks If you have lots of errands to run during the […]
You’re sitting in a room with 30 other business entrepreneurs. Each of you has one minute to introduce themselves to the group. You are number 25 to speak. Will anyone listen? What can you do or say to catch your peers’ attention, be memorable, and have them approach you for business? Most importantly, what can […]
One of the main reasons clients leave is because they feel ignored. The cost of ignoring clients is high; you have to do more marketing and replace those clients when they leave. The antidote to this is easy: just stay in touch more with clients, and let them know you care about them and their […]