Tag Archive for: Profits

Communicate Your Way to Profit

Do your employees know how they and their contribution impact your bottom line? Do they understand your business model – how the company is structured and how it makes money? Too many business owners fall prey to these three myths: Employees…

10 Smart Moves a CEO Can Make to Stay Profitable

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Anyone can run a company during good times. When profits are up, it's easy to get comfortable and overlook some of the deeper issues lying beneath the surface. These ten proven concepts will help you maintain a dynamic, thriving environment…

An Improved Profit Design

A company's profit design starts with understanding that profitability is a result of managing and tracking a complex, interdependent set of components that contribute to the company's financial performance. Most CEOs understand the need…

The Need to Have Better Staff Buy-In

When a company is just getting started or is ramping up for growth, there is a huge amount of enthusiasm. Many processes are not in place yet and the people on the team are energized by the CEO's vision of the product or service. Everyone simply…

Continual Cash Flow

Unable to pay the bills, many companies with high revenue had to close their doors. Why? Because cash and revenue are not the same thing. Cash flow, critical to keeping the company afloat, is knowledge of how much money a company has every day…

Profits Are Inadequate To Grow the Business

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Increasing profits and decreasing costs are critical activities a business owner must focus on to create a sustainable business model. Essentially, profit is what’s left after total costs (funds needed to operate the business) are deducted…