Harry owned a local coffee shop. His total investment (cost of goods) in a cup of coffee was about $2.50. Harry sold a cup of coffee for about $5.00. Pretty good profit, right? Wrong! Harry’s overhead was 60%! Let...
20% off this! 50% off that! Stop the madness! In general most small business owners discount either to increase sales or move inventory. Which seems great but can be detrimental to a small business! Here’s why. If your profit margin is...
I’ll cut right to the chase. #1 Disengaged employees and #2 Employee Turnover Give me four minutes of your time to explain and possibly change the face of your business and it’s bottom line! First of all, you must know...
