by Rachel Wright | Mar 25, 2021 | Profitability Tips
Many small business owners focus on generating more revenue every year, and that’s a wonderful goal. But not all revenue is created equally since some items are more profitable than others. If you sell more than one product or service in your business, then you may...
by Rachel Wright | Jan 27, 2021 | Business Growth, Business Tips, Profitability Tips
A great way to start 2021 is to take a fresh look at your business finances. Many things changed in 2020, and if you are in the habit of spending on the same items year after year, it’s the perfect time to decide what is essential and what can go. There are only a few...
by Rachel Wright | Apr 13, 2020 | Business Tips, Cost-Savings Tips, Expense Reduction Tips, Profitability Tips
For many small businesses, it’s time to get scrappy and entrepreneurial when it comes to cash flow. Here are dozens of ideas to make it through the next few weeks or months. Rearrange your 2020 budget. There are lots of things you won’t need to spend money on this...
by Rachel Wright | Mar 3, 2020 | Business Growth, Business Tips, Profitability Tips
One of the top challenges for small businesses is managing cash flow effectively. There are times when the most experienced business owner can run short just before payroll day or get into trouble because they didn’t plan for a large expenditure. Not having enough...
by Rachel Wright | Mar 14, 2019 | Business Tips, Profitability Tips
One of the biggest challenges for small businesses is managing cash flow. There never seems to be enough cash to meet all of the obligations, so it makes sense to speed up cash flow when you can. Here are five tips you can use to get your cash faster or slow down the...
by Rachel Wright | Feb 28, 2019 | Business Tips, Profitability Tips
Do you remember the days when you got a report card from school? Now that you have a business, your business has grades as well. But it’s up to you to calculate them. Here are some grades you can compute for your business to give it a report card of its...