Many entrepreneurs recall being caught off-guard when pandemic-inspired business interruptions, labor challenges, and supply chain dysfunction wreaked havoc with cost structures. How could you see that coming? Nobody could. Not the case today. Astute … [Read more...]
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Be open to learning. Never stop. Find knowledge-building insights here.
Here you will find insights, tips and road signs to help you steer your business towards profitability, sustainability and financial strength. Raise your business instincts and gut level decision-making to new heights because in today’s business climate, there’s very little room for error and even less room for bad habits.
Plot Your Course to Profits
As we approach year-end, business owners everywhere are mapping out their journey for 2025. Like Alice, without a clear profit destination, most will approach their pathway through wonderland the same way as always: add an arbitrary percentage of 5% … [Read more...]
Emerging Franchise Brands: Get Onto the Right Financial Footing – Right Now!
Picture this: You have just popped the cork on the champagne to celebrate selling your first two franchises. Congratulations! Now, the real work begins. Your next crucial step? Set your franchisees up on the right financial footing – right now. Why … [Read more...]
Multi-Unit Profits in Peril: Bridge the Management Skills Gap
For any business to succeed, profit is more than a goal—it is the lifeblood that keeps it viable and thriving. Yet, a puzzling contradiction exists at the heart of many multi-unit businesses: while profit is supposedly non-negotiable, the very … [Read more...]
10 Reasons to Fire Yourself if You’re Doing Your Own Books (and a Bonus: 26 Tips for Better Books)
As a business owner, you wear many hats. But should bookkeeping be one of them? While taking charge of your books might seem like a smart move, it could be holding you back from reaching your full potential. Here are ten compelling reasons to fire … [Read more...]
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