In our recent blog, Prepare for Profits in 2025, Part 1: Your Cost Structure May Never Be the Same, I shared my thoughts about how policy and economic changes might impact cost structures in 2025. I stressed the importance of monitoring your 5-Line … [Read more...]
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Prepare for Profits in 2025, Part 1: Your Cost Structure May Never Be the Same
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...]
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...]
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