Everyone wants a profitable business, because if not… well what’s the point? You have a hobby, not a business. A profitable small business has a healthy net profit margin of 10% or higher. How do you calculate your net profit margin? A profit is earning more money or assets than you spent. The inflow must
If you are like most small business owners, you are continually growing. Which leads to a lot of confusion and feeling stuck in your business. When this happens we can stumble into “imposter syndrome”. This is the feeling that you aren’t good enough or don’t belong. The spiral can look like this: It’s at about step
You work really hard to gain your business customers and clients. How can you keep them? By showing them you understand what they want from you. Sure, they want your product or service but they also want the experience that surrounds that purchase. Business either thrives or dies based on what business owners know about
Training your employees is more than just telling them what to do. They need to know WHY they are doing things. Why the WHY? Let’s start with you. Some stress in business is hidden in how you feel about the little things your employees do or don’t do. (You know that stuff that annoys the
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