23 of the Most Profitable Small Businesses to Open in 2021
I sure wish the internet was around when I first opened my business in 1991. An easy web search would have made life much easier, especially because I would have…
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Growing Profits
17 posts
You are in business to make a profit. You are in business to maximize your profits. So how does an entrepreneur build revenues, and improve profits? I cover these questions, and many more, in this section.
How to Make a 600% Return on a Business Investment Inside 24-Months, and Compare Returns using IRR
What I want to detail in this article are two things. How to: look for, buy, and then make a 600% return on a business investment/purchase inside 24-months, and, compare…
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Turn Your Small Business Into a Profit Machine in 60 Days
Back in the spring of 2020, and in the early days of the pandemic, the world found itself in the midst of a toilet paper crisis. Believe it or not,…
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3 Powerful Ways to Make Your Small Business More Profitable and Maximize Profits
The most frustrating thing in the world is to be in business and not feel like you’re making money. That’s the problem that you can face when your profit margins…
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Why and How to Build a Remote Team – It’s About the Money and Talent
The sun is shining, the weather is warm, and we’re now safely into summer weather and BBQs. We’re also mid-way through a pandemic with a quarter of the North American…
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Negotiation Strategies and the Importance of Negotiations for Your Business
In 2017, just prior to the sale of my business, I recognized my business’s valuation would be dependent on multiple factors, most of which were the current and prior year’s…
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Managing Your Small Business Through The COVID-19 Crisis
I must have received at least 50 emails over the last week from different companies letting me know what they’re doing about the COVID-19 coronavirus. The gist of all of…
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6 Must-Know Tips For Starting Your Own Business
I quit my job in March 1991, moved to Los Angeles (for a short period), and researched different industries and businesses in search of my next entrepreneurial venture. I knew…
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5 Steps For Your Small Business Profit Improvement Program and a New Profit Strategy
I attended the Slash and Miles Kennedy concert at Casino Rama in early October. My son is a huge Slash fan and managed to not only get tickets to the…
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What Is The Average Profit Margin for a Small Business in North America?
Much of the stuff I write about on this blog are things I’ve learned, and my entrepreneurial experiences running my business over the last 30 plus years. And when you’re…
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