It wasn’t long ago when it seemed that the answer to every business challenge was to “get out and sell more.” Now, business owners are scrutinizing their operations for ways to squeeze out every last drop of profitability. Let’s look at four ways to increase your profitability and grow your business.
Archive of posts tagged Budgets
7 Entrepreneurial Tips from Jeff Schneider
Laura Benjamin interviewed Jeff Schneider, president of Entrepreneurial Finance & Accounting Services to get his top tips for entrepreneurs and small business owners. It is important for business owners to understand their cash flow needs, but it lean times it becomes critical. Find out more about financial modeling.
Colorado Springs City Budget Markup Session: November 9, 2009
This is the first time I’ve been to a city council session and it was a rather enlightening process, if mostly to see what each member of council found most important and why they supported cutting or not cutting in certain ways. Overwhelmingly, this process was a political one with very little cost-benefit analysis and a whole lot of “I think…” and “I’ve always believed…” statements in support or opposition to certain budget items. It certainly begs the question: would cities be able to handle these challenges better if they were managed more like businesses?
