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By Derek Goodman (Inbizability) Outsourcing the right way can help your small business handle tedious tasks more efficiently—tasks that would otherwise consume valuable time that your team could use on growing your company. And since technology plays such a major role in running a business these days, many of the jobs for which you might Read More
Part 3. Turn assets into cash with greater speed and frequency. Here is how. By James Chittenden If you are buying something for $1 and selling it for $2, your prosperity depends on how fast and how often you can turn over inventory. This is the working capital cycle; a measure of how long your Read More
Part 2. Calculating Margins is Simple. Avoid This Rookie Mistake! By James Chittenden If pricing products scares you, you’re not alone. Incorrect pricing is very common. Novice business owners sometimes price too high, earning the contempt of their market. However, it is far more common to price too low in an attempt to gain market Read More
Part 1. To See Where You Should Be, Compare Yourself to Your Industry By James Chittenden Let’s put some more money in your pocket. The goal here is to help you find efficiencies within your business and increase your margins WITHOUT having to resort to layoffs, gimmicks, or imposing sticker shock pricing. Compare yourself to Read More