MAKING MONEY FROM THE INSIDE OUT — BUILDING WEALTH AND FINANCIAL FREEDOM

7th Anniversary New Arrival

Making Money from the Inside Out

It is a well-understood axiom of the business world that there are two ways to improve the bottom line of the business. Stated simply, those two ways are to make money or to cut costs. Now no business can cost cut their way to profitability.

But by the same token, waste and excessive internal costs for any business can eat away any profits that business is enjoying. So to get ahead in a competitive business environment, both methods must be employed.

When a business turns its eye to cost cutting, there is a stated or unstated business objective that the business owners will discover significant bleeding of revenues that are going on within the systems of doing business.

So if those systems can be improved to eliminate that waste, the business would literally make money from the inside out because the overhead of the business would drop so dramatically.

The usual progress of such a cost saving campaign by a business is to find “the low hanging fruit” first. By that we mean that in order to satisfy the demands of management, middle management will identify superficial savings in hopes of satisfying the requirement.

Hence switching from disposable cups to mugs or cutting back on break room amenities often go on the chopping block first.

Sadly, while there may be some superficial savings to be found in such places, the significant introduction of efficiencies for any business lie at a deeper level and take a more in-depth process of locating problems with how things get done internally. Continue reading “MAKING MONEY FROM THE INSIDE OUT — BUILDING WEALTH AND FINANCIAL FREEDOM”

COURTING THE MILLENIALS — START A SUCCESSFUL BUSINESS — MILLIONS OF MILLENIALS BUYERS AND THEY DO SHOP ON THE INTERNET

Courting the Millenials

Recruitment of top notch young talent who can enter your work force and provide that kind of long term growth potential and can only come from a smart and productive staff is always a challenge.

One of the big reasons any business works to keep its public image high and to project the concept that they are an employer of choice is to recruit the best and the brightest from the youth ranks.

Young employees bring a lot to a business that can compliment an older work force and make the business much more vital.

Younger employees are savvy to the wants and needs of their peers. So instead of trying to guess how to market to the current generation of 18-28 year olds who are the age segment with disposable income, by keeping such employees on staff, you have the inside track to the priorities of the current generation.

Further youthful employees are often optimistic and out to change the world. Their sense of mission and belief in the system as a means to make the world a better place results not only in a better morale internally but in business philosophy that shares those values.CLICK TO START AN ONLINE NOW

The tendency to name the upcoming generations can be a bit trite but it helps in knowing who the target group for recruitment are.FREE BUSINESS INFORMATION

And that group of youthful future employees that will be hitting the job market in the next few years has been dubbed “the millennials”. Continue reading “COURTING THE MILLENIALS — START A SUCCESSFUL BUSINESS — MILLIONS OF MILLENIALS BUYERS AND THEY DO SHOP ON THE INTERNET”

CUTTING SPENDING — WHY SHOULD I SEPERATE MY PERSONAL CREDIT FROM MY BUSINESS CREDIT — PAYIN DOWN DEBT

Why Should I Separate My Personal Credit from My Business Credit?

Most people who want to start up their own businesses today usually make use of personal resources to finance their ventures.

They either utilize their savings, loan money from significant others or even use up their retirement funds.

Due to mixing their personal accounts with that of their business’ transactions, these people often risk utilizing their major assets for collateral, give personally guaranteed business mortgages, and so on.

They often end up pushing their personal credits to the limit. And whenever this happens, they are left to compromise their personal financial security.

It is sad to say, however, that a significant percentage of small firms operate through personal credit cards.

What these people should actually know and should be doing in running their ventures is how to separate their personal credit and their business credit and how life saving this can be, not only for the company, but for their personal assets as well.

The use of credit cards in small businesses is currently on the rise. What this does is that it protects both of the entrepreneur’s personal as well as business assets and allows opportunities for better growth and organization to the company. Continue reading “CUTTING SPENDING — WHY SHOULD I SEPERATE MY PERSONAL CREDIT FROM MY BUSINESS CREDIT — PAYIN DOWN DEBT”

SELLING HOLIDAYS ITEMS AND GIFTS

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Write Keyword Articles and get more traffic

Write Keyword Articles and get more traffic.

web site traffic, web traffic, increase traffic

With the huge boost in the number of businesses marketing on the internet, gone are the days of just adding your site with a explanation of your product or service and sit back and watch the traffic roll in.

Daily we have to keep have to watch closely some of the new technology and methods to optimize our web sites to ensure that we receive enough traffic to help our business.

This requires either an expert to do it for you or you have to keep up to date with a technology that is constantly being upgraded. Continue reading “SELLING HOLIDAYS ITEMS AND GIFTS”

GENERATION XYZ — JOIN THE MILLIONS WHOM ARE STARTING BUSINESSES DAILY — PROFIT SHOULDN’T BE A DIRTY WORD — NOR SHOULD DEBT FREE

Profit Shouldn’t Be a Dirty Word

With the economy sliding into a recession that will be worse than 2008, a lot of people in the material handling industry are expecting good times without having to make any changes in the way they do business.

Unfortunately, that means the continuation of one particular practice that played a major role in getting the economy in trouble a few years back.

material handling equipment, profits

Nobody benefits when profit is eliminated from the economic equation.

With the economy slowing, a lot of people in the material handling industry are expecting good times without having to make any changes in the way they do business.CLICK NOW — START AN ONLINE BUSINESS

Unfortunately, that means the continuation of one particular practice that played a major role in getting the economy in trouble a few years back.

When the “dot.coms” were flying high, they experienced rapid growth by the simple method of offering impossibly low prices and constant expansion into markets about which they knew nothing.

They operated at a loss for years on end, promising investors that it would all turn around when they had achieved sufficient market share.

Eventually, of course, this “lose a little on each deal but make it up in volume” business model blew up in their faces. The balloons popped, one by one, and the economy followed them down the tube.

In the material handling industry, this discredited business model is still very much in evidence. Too many companies have played the merger game, getting themselves involved in markets that they know nothing about.FREE BUSINESS INFORMATION — CLICK NOW

Too many have played the numbers game, moving money from one pocket to another to make themselves look good for one more quarter (this is called managing for stockholder value), totally forgetting about long-range planning. Continue reading “GENERATION XYZ — JOIN THE MILLIONS WHOM ARE STARTING BUSINESSES DAILY — PROFIT SHOULDN’T BE A DIRTY WORD — NOR SHOULD DEBT FREE”