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The 5 P’s of Prospecting

It is the vicious cycle of business that you always need to be prospecting to reach profit goals. Prospecting and lead generation can be daunting and draining, but the 5 P’s of Prospecting can help you stay motivated and on track!

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Where Are Your Profits?

“Where did the money go?” You don’t need to be a CPA to track where your money, and your profits have gone. For many businesses there are costly leaks in the flow of money .Fortunately, leaks are preventable and fixable. So where are they?

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Know Your Numbers – Past, Present and Future

Whether I’m coaching clients, talking to business owners around town or teaching new ActionCOACH franchisees, one of the messages that I preach about business is that at the end of the day, business is just one big math game. And like any game worth playing, you have to keep

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Planning for Success Step 2 – Create a Budget

When I talk to business owners wrapping up their years, one of the biggest areas of disappointment and stress is their company’s financial performance. Most had at least a rough budget, yet most hardly looked at the budget or replanned it when circumstances changed. They didn’t do enough monitoring

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Managing Your Money

It has been a turbulent few months, and your bank account likely reflects that. Now is the time to really look at your numbers so you can accurately manage your money.
The first step is to know and project your cash flow. If you do not have accounting

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What To Do When Cash Gets Tight

As an intelligent, high performing business owner, you already know that “Cash is King” when it comes to running your business, right? Well, in my experience, too many business owners focus too much energy on Profit and Loss (P&L), and not enough on Cash. It should never come as

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Understanding Money in a Business

When I talk to business owners about finances, the vast majority never talk about anything other than their revenues, or sales figures. The same goes with goal setting; most prefer to focus on sales/revenue targets. While obviously revenues/sales are important, that is only one

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