RB Retail & Service Solutions, a supplier of business software for the pool and spa industry, announced it has hired Taylor Sleeman as business sales consultant. With over 10 years of sales experience, Sleeman will partner with pool and spa companies to help them modernize and grow.
To stay ahead of the curve, small businesses are constantly seeking ways to improve efficiency, reduce costs, and gain that competitive edge. Embracing an all-in-one software streamlines operations and eliminates manual tasks.
As a business owner, you juggle multiple tasks: managing a team, handling clients, bringing in new leads and making sure projects run smoothly. Among these, one critical responsibility is often neglected: ensuring profitability. We think about, worry about and hope for profit but often don’t do anything to actually improve net profit.
There are conventional practices for valuing a business that informed buyers and sellers generally follow. One of those is valuing a business as a multiple of its net annual profit expressed in a form called EBITDA.
When you’re on a journey, you need a starting point and a destination to be successful. In business, we use key performance indicators to map out those points and improve profitability.