Posts Tagged ‘Costs’
Are You Creating Value or Cost?
There are thousands of posts and hundreds of books on Value Creation. I’ve, in fact, written 285 since starting this blog and dozens of others at other sites. The themes in all of this stuff usually follow a similar line of thinking: Customers define value in their own terms. Sellers have to create value aligned…
Read MoreFranchise Cash Flow Questions
One of the most common complaints among people who have invested in a franchise business is that they aren’t earning enough, that they worry over meeting payroll and bills, or that they don’t have the sales they expected. As with so many franchise business problems, cash flow issues are often caused by a failure to…
Read MoreTraining is not a Cost
I know people are going to think I have lost it when I say training is not a cost, but let me explain. In my mind, training is a profit generator not a cost producer.
Read More The Cost of Employee Lateness to Your Business
How tolerant are you about lateness in your business? Is it normal for a few of your employees to show up 15 minutes to half an hour late for their shift?
Read More Does Unified Communications Really Cut Costs?
If you’re thinking of moving to Unified Communications, the first question on your mind is probably “How much is this all going to cost me?”
Read More How to Account for Startup Costs with Online Businesses
Mary F. is reading Accounting for the Numberphobic and she wants to know how to account for development costs for her startup business. Here’s her question:
Read More Marketing is a Revenue Generator, Not a Cost Center
I can’t count how many times I’ve sat in on meetings where I felt compelled to defend my marketing budget. “It’s an investment in growth,” I said, as the others on the senior management team rolled their eyes.
Read More Are You Aware of All the Costs of a Franchise?
Deciding which franchise business opportunities you should invest in requires a lot of research and serious thought. One of the most important areas of the research and decision making process is the financial arena.
Read More Rising Health Insurance Costs Are No Small Matter
Health insurance costs are rising and that trend is expected to continue in 2015. This fact is true not only for the individual looking for health insurance coverage but for the small business that must insure its employees. Such businesses must work to remain competitive and keep costs down.
Read More Customer Loyalty: The Cold Hard Facts
Why does customer loyalty matter? Customer loyalty can boost sales, improve staff morale (who wants to deal with complaints all day?), strengthen your brand and reduce the cost of a sale.
Read More