Category: Best Business Practices

Be a VISIONARY in a Season of Uncertainty

There’s no playbook for solving today’s crisis. However, there is a game plan for how business owners can adjust their business strategy quickly. Organizations who take strategic action and are dynamic in how they mitigate threats and seize opportunities will be the difference between surviving or thriving. This is a defining moment for business owners.… Read more »

Don’t Let These Pricing Mistakes Hurt Your Profits!

In order to stay competitive and profitable, companies must continuously ensure their pricing structure communicates their value proposition. Chances are, most of your customers aren’t price-sensitive as much as they are value-conscious. With the right pricing strategy, you can impact the company’s bottom line and its ability to serve your customers and employees well. A… Read more »

Keep Your Revenue Flowing Smoothly

Challenges & Solutions for Recurring Revenue Business Models It’s the start of the new year—a time for implementing the strategies and action plans that will make 2020 your best year.  But unfortunately, many business owners get into the illusion that more sales means more cash, or cash might be flowing, but not in the right direction.… Read more »

Business Owners’ Financial Reporting Checklist

As business owners, you are tasked with acquiring new customers, managing your team, and launching new products. Let’s face it. Most of us simply don’t have time to focus on our financial statements daily—or even weekly. However, businesses need an effective system for conducting operations, complying with tax laws and providing essential financial information—especially to… Read more »