Profitability

There is Hidden Profit in Your Business

  As a small business owner, you are always looking for ways to improve your profitability. After all, being profitable means that those things which are important to you can be done and enjoyed. A home, college tuition, a cottage, boat or other “toys.” Right now you may easily have 7% or more of your sales that could …

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Small Business and the Baby Boomer Generation

We are small business owners from the Baby Boomer Generation.  We aren’t as young as we used to be.  The oldest among us is about 71, the youngest is about 51.  We’ve worked hard running our businesses while raising a family, accumulating things and if we were successful, making money.  So now what? 

Is Your Business Wearing You Out?

  I think it is quite obvious that anyone who has a small business wants that business to be successful.  The business provides them food, shelter, clothing.  It sends their children to school, provides the means for vacations with friends and family; it does a lot. It is understandable that those who own small businesses …

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Your Small Business and “Bankability”

  A recent article by Paul Davidson of USA Today stated, “Lenders are tightening the credit spigots for businesses, raising concerns about an economy that’s already facing global headwinds and a rising risk of recession.”  Some small business owners, already facing challenges for growth and profitability will see the bad news that announcement will bring.  …

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