Profitability Improvement

A fair number of clients ask me to help them cut costs as a means to improve profitability.  I am happy to help them.  But my help comes with a warning.  In nine years as a small business consultant, I have rarely found cost cutting...

A lot of business owners and budding entrepreneurs ask me why they should have a business plan.  They complain that the bank wants one to get a loan and doing one is a lot of work.   Of course, for a new business, a business plan...

Most business owners believe that raising sales or lowering costs will lead to increased profits.  The reality is that it depends on many factors such as the cost of raising sales, the cost of providing additional units of a product or hours of a service,...

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