AI for fun and work
This was from a lunch and learn where we discussed the following – Business and Personal uses of AI with some examples creating images, poems, and employee handbooks. Hot topics like Sora and the risks… AI for fun and work
Increase your profit – Understanding your Margins
I am working a lot with companies that have been around for 5-10 years or longer and have revenues in the $2-$10 million range but their profits are getting smaller or stalled out. There are… Increase your profit – Understanding your Margins
Increase your profits – Fire some clients / staff
It sounds counterintuitive at first but one way to increase your profits is to fire trouble clients or staff. Mike Michalowicz wrote a book called the pumpkin plan where they discuss coming up with the… Increase your profits – Fire some clients / staff
Increase your profits – Interest rates
With the rising interest rates I have seen companies make 2 common mistakes that are now more costly. Not paying down highest interest rates first Having excess cash sitting in the bank and not making… Increase your profits – Interest rates
How to improve profit – Goals / KPIs
We are into summer of 2023 and small business profits are getting squeezed tighter and tighter as employees ask for raises to deal with inflation and customers are not as willing to accept price increases… How to improve profit – Goals / KPIs
Increase Profits through Operations for a Solopreneur
The video below covers a how to increase proitss for solopreneur’s and small businesses. It cover some finance concepts related to – Profit Margin Increase Scale Decrease fixed costs And gets into a lot or… Increase Profits through Operations for a Solopreneur
How to Increase Profits through Operations
I have had a lot of meetings with newer entrepreneurs who have a lofty financial target in mind like getting to $10K of monthly sales but don’t really do anything to operationally achieve those goals. … How to Increase Profits through Operations
How to Increase Profit
I frequently see businesses that are not profitable or have small profit. Usually, these owners are burned out and very frustrated and don’t know what to do to fix the situation. Here are some of… How to Increase Profit
3 metrics you are focusing on that may not help improve your business – Revenue, Profit, Growth
Here are some metrics that are good metrics but sometimes business owners rely too heavily on them instead of really trying to improve the business. Having a healthy business means that it is a sellable… 3 metrics you are focusing on that may not help improve your business – Revenue, Profit, Growth