Ahhh, so refreshing to see a corporate business use some good marketing and a bit of fun. Traditional Corporate Marketing – oh, so, so boring! Isn’t it amazing that almost all the marketing we see as consumers (and business owners) from the corporate world is so dry and boring. This includes the thousands of corporate […]
Business Saves $1,177 Annually In 5 Minutes!
One important area of improving your profit margins is to reduce your costs. Sometimes you can reduce your costs without a reduction in the quality of service you receive from a supplier, sometimes you’ll see lower quality – cheaper isn’t always better. However… I saved a client $1,177 in 5 minutes. Without mentioning the name […]
What’s Basketball Got To Do With Marketing?
A quote from Michael Jordan : "I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. I have failed over and over and over again in my life. And that is precisely why […]
How Are Businesses Valued?
Business valuation can be a difficult figure to obtain because there are so many variables. Business valuation models (methods) have been developed to make the process easier and more accurate. Some of the accepted methods include : Return on Investment (ROI) method Market value Asset value going concern Asset value liquidation Net present value The […]
27 Vital Questions You Should Ask Before Buying A Business
I met the husband and wife owners of a small retail shop recently. The business was running at a $65,000 (approx) annual loss. They had purchased the business over 12 months ago and had been steadily losing money. I looked briefly at their books and realised they had paid too much for the business. On […]
25 Things You Absolutely Must Do To go From Nothing To Self-Made Millionaire Within The Next 7 Years …
I came across this interesting article by Bob Bly about being successful in business. I have added my comments in bold italics (MarkF) THE 25 PRINCIPLES OF BUSINESS SUCCESS BY BOB BLY: Have a definition of success. Live below your means – with occasional exceptions. A good book to read about this is the Richest […]