Companies like Blockbuster and Borders couldn’t match the lower prices or service of online retainers so they filed bankruptcy. Being a successful business owner means you know how you compare to your competition, what makes you different, you know your profit margins by revenue segment and you are on top of your collections. This knowledge […]
The 2015 business mileage reimbursement rate is $.575 per mile up from $.56 per mile in 2014. Also, the new minimum wage for 2015, effective January 1, 2015, is $8.05 per hour. Tipped employees direct hourly wage is $5.03 per hour as of January 1, 2015. The employer mandate under ObamaCare has been delayed for […]
Here are a few tips to increase your cash flow: -Minimize Accounts Receivable by billing timely, using incentives to get customer payments faster and follow up on collections -Keep inventory at a manageable level -Look at your customer base and focus on your most profitable products/services -Great Customer Service=More Sales -Require at least 50% payment […]
Before you start spending marketing dollars, you should do some soul searching and researching to make your dollars count! First, you should define your product/service. Offer your product or service with specific pricing so a customer can quickly determine whether they want to investigate further. What hours is your office/store open or services available and […]
We are pleased to announce the launch of our new website. With its responsive design and clean layout, we hope you find our website visually appealing, informative, and easy to navigate from any computer or mobile device.