Have you ever opened the bank app on your phone and thought: “That can’t be right. We should have more cash than that”?
“I make money, so why don’t I have any?” Anyone who has been in business for a significant time has asked that question, usually in response to a cash crisis such as the inability to make payroll.
Why do people discount their prices? I’ve asked hundreds of business owners and managers that question, and the answers are always the same.
Breakeven is too important to ignore. There are many uses for breakeven. It is a fundamentally important tool with the power to transform your thinking and the quality of your business decisions.
Spa retailers, did you know: If you raise prices 1%, you will increase your net profits 14.5%? If you increase...
None of us became business owners so we could keep books and read financial statements. Nevertheless, both are critical to running a successful business. We can’t even approach our full potential without them.
Don’t we all want to know how effective our advertising is? Is there a minimum we have to spend? Is...
The year is almost over. How did you do? You are not alone in feeling like a slave to your...
When I shared these numbers with a Dallas retailer, she told me I was crazy. So I did what I...
By Nathalie Blanchard, My Retail Coach It is essential that businesses understand what search engine optimization is and what it...
by Nathalie Blanchard from My Retail Coach To get more store traffic, customers have to be able to find you....
We recently attended the AquaPoints trip with more than 300 Canadian pool and spa dealers. During our keynote address, we...