by david@numbercraft.us | Oct 20, 2023 | GUIDES: Increasing Profit
Your current business model is the way your business earns money. A change in your business model can bring substantially more income – sometimes for less work and lower overhead costs. Technologies and markets change at an ever-increasing rate, opening new growth...
by david@numbercraft.us | Oct 19, 2023 | GUIDES: Management Resources
The key to building value in your business is to plan the process in a systematic way, whether you’re aiming to grow your business or groom it to get a better price from a buyer. Looking through the eyes of buyers Whether you just want to build a stronger business, or...
by david@numbercraft.us | Oct 18, 2023 | GUIDES: Sales & Marketing Resources
Advertising should be viewed as an investment that should generate a return, rather than a fixed cost. Many businesses spend money on the same kind of advertising each month without knowing what is working and what isn’t. Effective advertising builds profile,...
by david@numbercraft.us | Oct 17, 2023 | GUIDES: Resources for Starting Up
Before you start a business, you need to know exactly how much money you’ll need, and where it’s coming from. You’re out of business fast if you fall short before you’ve started. Why you need to plan ahead If you want to see your new business start-up succeed, you can...
by david@numbercraft.us | Oct 16, 2023 | GUIDES: Business Planning Resources
How you price can have a dramatic effect on your sales, cash flow, and profit margins. Your pricing strategy will determine how customers see your trade business in the marketplace – naturally comparing your prices with your competitors. What you need to know to build...
by david@numbercraft.us | Oct 15, 2023 | GUIDES: Exiting & Selling Resources
It’s important to start organizing your business to sell as early as possible. Business owners often think about selling during a downward trend but the best time to sell is when your business is in good shape. If you plan ahead, you’ll be readier when the time comes....
by david@numbercraft.us | Oct 14, 2023 | GUIDES: Financial Resources
How can there be a profit if the year’s ended with no cash? It’s quite common for businesses to end the year with little or no cash, only to be told by their accountant that they made a profit and must now pay tax. The reason for this is that tax is decided on the net...
by david@numbercraft.us | Oct 13, 2023 | GUIDES: Management Resources
Questionnaires provide an excellent way of getting feedback from your customers because everyone is familiar with them and is used to filling them in. You can use the feedback from a well-designed questionnaire to improve your business procedures and your marketing. A...
by david@numbercraft.us | Oct 12, 2023 | GUIDES: Increasing Profit
Markets are dynamic and constantly evolving so no business can afford to stand still. No matter how excellent your products or services, they have a finite lifespan, so they must be developed or replaced if you’re to continue growing your business. New products and...
by david@numbercraft.us | Oct 11, 2023 | GUIDES: Resources for Managing Teams
Developing employee skills creates a situation where your company benefits from a more knowledgeable and capable employee, while your employee gains additional skills or qualifications. This can give employees the chance to further their career and possibly increase...