Tag: profit

How to Deal with Dwindling Profits Before It’s Too Late

Dwindling Profits

If you’re starting to see dips in your profit, it’s important to take proactive steps. While boosting sales efforts and marketing are the most common, there are a number of other measures that can help. To get other ideas for how to grow profits, I recommend that you read an article on Forbes.com that features… Read more »

Winning the Competition of Bid Pricing

Pricing

Do you have a proven best practice strategy for bid pricing?  Do you effectively anticipate your competitors strategy?  If you haven’t addressed these questions, you may be bidding too high or too low, which could spell trouble for your business. Thankfully, a recent article from Forbes.com offers sound advice to simplify the bidding process and win… Read more »

How to Identify Your Daily Cash Position Faster

How to Identify Your Cash Position Faster

To keep your business ahead of the competition, you’ve got to know your daily cash position.  The more efficiently you are able to process this metric, the more time you will have to assess what it is strategically saying.  But establishing a cash position can be complex and labor-intensive, especially for larger companies. Thankfully, new… Read more »

Is Your Marketing Strategy Paying Off?

optimize your budget allocations for marketing

Marketing makes up a significant portion of your budget, so it’s essential to make every dollar count. But how do you measure the impact of those advertising dollars? Most businesses use the traditional “marketing mix” model to analyze their marketing strategy, but a recent article from cfo.com points out critical shortcomings in this model. To… Read more »