Published inTax and Financial Stuff You Need to KnowSelling at a LossWhen would you deliberately sell your product or service at a loss?Oct 1, 2022Oct 1, 2022
Published inTax and Financial Stuff You Need to KnowControl Your Tax Bill and Increase Your ProfitsThis is optimistic — how many of us can control our tax bills? We don’t have a lot of control over how the authorities tax us, but having…Oct 1, 2022Oct 1, 2022
Published inTax and Financial Stuff You Need to KnowOffer a Discount or Have Strategic SalesSome businesses will give a customer a discount if they pay their bill before the due date. I have seen a discount of 2% if the bill is…Oct 1, 2022Oct 1, 2022
Published inTax and Financial Stuff You Need to KnowOffer Credit to Increase ProfitsOne option when you are trying to increase your sales, is to offer credit to your customers. If you already offer credit, then you might…Oct 1, 2022Oct 1, 2022
Published inTax and Financial Stuff You Need to KnowTo Improve Profitability — Be Smart About DebtThe way you handle debt affects your profitability.Oct 1, 2022Oct 1, 2022
Published inTax and Financial Stuff You Need to KnowScheduling for Business SuccessWhen a business owner accepts a quote from a client, they are making a commitment to get the work done. It can be tempting to take all the…Oct 1, 2022Oct 1, 2022
Published inTax and Financial Stuff You Need to KnowBusiness Income Must Be Sufficient to Support Personal LifeAre you working in your business because you need the money? If so, then the business you are choosing to run must make enough money to…Oct 1, 2022Oct 1, 2022
Published inTax and Financial Stuff You Need to KnowWhat are You Actually Selling?Sometimes customers are buying a different item than what the business thinks they are selling.Oct 1, 2022Oct 1, 2022
Published inTax and Financial Stuff You Need to KnowShould Your Business Consider a Loyalty Program?A loyalty program is a system which involves trading personal information for a discount on a product.Sep 23, 2022Sep 23, 2022
Published inTax and Financial Stuff You Need to KnowDon’t Forget About Covering Overhead When You Prepare a QuoteOverhead is all the costs which do not directly apply to a particular job. Examples include loan payments, insurance and rent. Overhead…Sep 23, 2022Sep 23, 2022