Paying strict attention to cash in busy and slow times keeps honest people honest. When you get lax, honest people get tempted and can start a pattern of theft.
Published: 06.01.07 By Ruth King
Published: 06.01.07 By Ron Smith
Published: 05.01.07 By Ruth King
Published: 04.01.07 By Pat Panchak
Based on his business experience, business model (commercial; no residential), and outlooks and opinions, Skip Snyder discusses highlights of what he's learned over the years as a teacher and commercial …
Published: 04.01.07 By Skip Snyder
Unfortunately, many contractors pay more attention to blueprints than financial statements. To make good business decisions in your company, you must analyze your financial statements each month.
Published: 04.01.07 By Ruth King
Commercial lenders have a great deal more latitude in designing their loan agreements. Likewise, borrowers have the opportunity to negotiate for terms that will fit their business needs.
Published: 03.01.07 By Mike Coyne
Why it's important to be able to analyze your own financials and five crucial measures of a financially sound company.
Published: 03.01.07 By Skip Snyder
Marketing drives sales. So plan now to boost sales with a spring marketing plan. Be advised, however: As you ramp up for the busy spring and summer months, you’ll spend …
Published: 02.01.07 By Ruth King
To make the changes easier, break down your major goals into monthly, weekly, and daily activities.
Published: 01.01.07 By Ruth King
When you track your results, you’ll have a better chance of making corrections as events unfold.
Published: 12.01.06 By Ruth King
The most successful companies in our industry — and no doubt in most industries — plan, execute, and measure. That means they create, execute and track a business plan.
Published: 11.01.06 By Ruth King
To calculate your hourly rate consider the direct wages of the technician, the associated labor expenses, a truck, the associated truck expenses, non-productive time, and overhead.
Published: 10.01.06 By Ruth King
Creating a profitable program requires planning and persistence. You must get your staff on board, develop and deliver direct mail and advertising pieces, and train the office and field personnel …
Published: 09.01.06 By Ruth King
Ruth King reveals what happens when you don't manage your inventory and how to do it so you don't get hit with a surprise loss.
Published: 08.01.06 By Ruth King
Clear cut examples illustrate the best ways to calculate sales price.
Published: 07.01.06 By Ruth King
Dual overhead recognizes that there are different costs associated with materials and labor, and it is more accurate than gross margin.
Published: 06.01.06 By Ruth King