Howtomakeaprofit - howtomakeaprofit.net - How to Make a Profit
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What Are You Doing that Is Costing Your Small Business Money? 1 May 2011 | 06:54 pm
Managing your own business is one of the most rewarding things you can ever do. On the other hand, it can be one of the most challenging things you can ever do, in part because understanding how to ma...
How Can a Purchasing Control System Save You Money? 1 May 2011 | 09:33 am
Have you ever received something at your small business that you didn’t order? Or, have you ever paid for something you didn’t receive? Part of the responsibility might be yours. What systems do you h...
Are There Times When Cutting Costs Is a Mistake? 30 Apr 2011 | 02:25 pm
If you’re like most people, the image you have of consultants is of someone who goes around and tells you all the places to cut costs and cut expenses. And that is one type of consultant. I did it for...
Labor Burden: Why Do You Find Your Figures for Labor Fall Short of Your Real Numbers? 27 Apr 2011 | 12:53 pm
How do you calculate your labor burden for your small business? For that matter, what is it? For the sake of knowing how to make a profit, you need to also understand what hidden costs add to your lab...
What is Your Average Customer’s Lifetime Value? 25 Apr 2011 | 01:56 pm
What is the value of your average customer sale? How many times does your average customer purchase each year? How many years or months do you retain your average customer? Too many people see only th...
When is a credit not a good thing? 22 Apr 2011 | 04:15 am
There are so many things in business finance that you may find confusing as a small business owner or manager. However, I doubt if any of them are more confusing than double entry accounting. There’s ...
Why Does Business Survival Require Making a Profit? 20 Apr 2011 | 09:53 am
For many people this sounds like a no brainer, but profit in business is crucial to the survival of any business. Many heart centered or service oriented small business owners love providing service. ...
When You Compete on Price, What Can Prevent Your Making It Up in Volume? 18 Apr 2011 | 06:33 pm
Many times I hear small business owners describe how they can cut their prices steeply because they will make profit up in volume. I often point out to clients that the only thing most will make up in...
Which Has Faster Impact on Your Profit – Increasing Sales or Cutting Expenses? 15 Apr 2011 | 06:54 pm
Ask most small business owners, “Which Has Faster Impact on Your Profit – increasing sales or cutting expenses?” In my experience, you will find they answer increasing sales. However, look at my quest...
Why is understanding overhead critical to business survival? 13 Apr 2011 | 06:39 pm
What I’ve noticed with small-business clients is that no matter how well-educated they are, they rarely understand how to do product pricing correctly. One of the things they generally miss is applyi...
