7 Strategies for Improving Your Profit Margin (and Cash Flow)

7 Strategies for Improving Your Profit Margin (and Cash Flow)

What’s your cash flow like? Do you struggle with it from month to month? Do you ever wrestle with making payroll? Do you live with too much stress thinking about the amount of cash you have in the bank … and how long it can last before you go broke? If you do, you’re...
10 Ways to Improve Cash Flow When Your Cash Is Tight

10 Ways to Improve Cash Flow When Your Cash Is Tight

At some point, every business has a cash flow problem because life is unpredictable. We make assumptions about what the market will do, how the economy will act, how those who owe us will pay, how much staffing we’ll need to fulfill the commitments we’ve made, etc....
The 8 Cash Levers You Should Be Adjusting Regularly To Grow Your Cash

The 8 Cash Levers You Should Be Adjusting Regularly To Grow Your Cash

Verne Harnish, the Founder of Gazelles, loves to say, “Growth sucks cash” … and he’s right. In order to grow your business, you have to have cash to do so. And the faster you want to grow, the more cash you’ll need. This creates a number of problems, especially for...
Five Simple Strategies To Dramatically Increase Your Profits

Five Simple Strategies To Dramatically Increase Your Profits

As hard as you work, doesn’t it make sense that you ought to be able to bring home as much money as possible? Absolutely. It’s one of the primary reasons why people like you and me start businesses. Yes, we start them to make a difference, to solve a problem, employ...
Are You Letting Sunk Costs Get in The Way of Progress?

Are You Letting Sunk Costs Get in The Way of Progress?

Every owner or CEO I know of struggles with this. You’ve invested some capital in a vendor, an employee, some new technology, a new initiative, a new marketing campaign and yet you aren’t getting the kind of results you want—even worse, that investment is holding you...