Karl Sakas — June 3, 2019 Follow @KarlSakas — June 3, 2019 See how to be strategic about cost-cutting, before it’s too late. Worried your agency’s revenue might look a little shaky? I strongly recommend you pause now to define your agency’s three unique “cost-cutting tiers.” Why? You’ll be really glad you did if you … Continue reading Need to Cut Expenses? Pre-Define Your Agency’s 3 Unique Cost-Cutting Tiers.
Jon Zacharias — April 22, 2019 — April 22, 2019 It’s critical a business finds ways not just to profit but to save. While increasing sales is a way to make your business profitable, the results are not always in your control. For this reason, you must come up with a saving plan, as you … Continue reading 5 Tips for Business Owners to Save Money
Choncé Maddox — December 12, 2018 — December 12, 2018 stevepb / Pixabay I just finished reading Profit First which is a must read for business owners whether you’re new to entrepreneurship or have been going steady for some time. Profit First teaches you how to turn your business from a cash eating monster to … Continue reading 3 Business Expenses You Could Be Overpaying For
Peter Daisyme — March 17, 2018 — March 17, 2018 NikolayFrolochkin / Pixabay There are two main variables that will determine the profitability of your business: the revenue you have going in and the expenses you have going out. If you can retain control of these two variables, your business can continue operating successfully. Unfortunately, … Continue reading 12 Major Business Expenses (and How to Reduce Them)
Renzo Costarella — January 18, 2018 — January 18, 2018 As a small business owner you need to be extremely frugal over how you manage your funds. Lack of or misuse of capital is one of the main reasons why companies fail today. That said, priority number one should be to save money. While some … Continue reading 7 Creative Ways For Your Small Business to Save Money
Amanda Abella — January 9, 2018 — January 9, 2018 FotografieLink / Pixabay Creating a profitable business is a delicate balance of making the right investments, sales and reducing business expenses. It’s a balance that takes time to figure out and requires a lot of patience on the part of the business owner. I personally … Continue reading 5 Ways to Reduce Business Expenses in 2018
Amit Sen — December 3, 2017 Follow @amit_kumar_sen — December 3, 2017 Small businesses are usually lean on capital and funding. As per data from Small Business Administration, around 50 percent businesses bite the dust in their 1st year of operation only. Ineffective cost management is one of the crucial reasons behind the alarming rate … Continue reading 7 Ways How SMEs Can Reduce Business Expenses
David Kiger — November 17, 2017 Follow @davidkiger — November 17, 2017 When a dream of owning a small business comes into view, the little details likely play a small role, if any. But as a plan comes together, those little details can become big issues. Overhead costs — those fixed expenses that make the … Continue reading Analyzing Overhead Costs is Vital in a Business’ Early Stages
Choncé Maddox — November 6, 2017 QuinceMedia / Pixabay According to Bloomberg, eight out of ten small businesses fail. Some fail because they don’t adequately understand customer needs. Others can’t communicate the value of their products and services. Still, others don’t understand how to promote themselves effectively. Yet, the number one reason businesses … Continue reading 5 Proven Ways to Cut Costs For Your Small Business
Robert Gloer — August 14, 2017 Follow @IOUFinancial — August 14, 2017 yemeomee / Pixabay Cash is the fuel that allows your business to operate. With it, you can buy inventory or raw materials, and wait for sluggish receivables to be paid. You can invest in expansion or other opportunities to grow your business, and … Continue reading How Businesses Effectively Manage Debt
