Pricing outsourced work can be tricky. Don't cheat yourself out of a reasonable profit.
The tax savings from end of year equipment purchases may not produce the best return overall.
I don't mean we have to be optimists to flourish. I mean printers must be optimists because we don’t change, yet we expect things to get better. If you're doing this, it's time to adopt a realistic mindset to boost your profitability.
Don't sell your business just because a big competitor has made an offer. Take the time and do the research to make sure you're getting the deal you really want.
It appears to me that many business owners worry more about how to price a new product/service than they do learning about how to do it in the first place.
Organize around functions, not people. If your employees don't want to work the hours required by their jobs, it's time to find new employees.
Small Business Saturday is Hype, Business Success Depends on Competing Effectively
Is it smarter to take depreciation all at once or to spread it out?
No matter how badly things are out of control, it doesn't pay to broadcast it to the world.
Just because you made a profit doesn’t mean you created that much cash. Many of us find that out at tax time.
In conclusion to this series, Tom Crouser adds performance to the tasks listed in the first three parts.
In part 2 of this four part series, Tom Crouser tells owners that "We must organize around functions – not people."