by Shannon Simmons | Oct 10, 2023 | Business Tips, Income, OpEx, Profit, Profit First, Sales
Did your business promote a Black Friday deal this year? If so, now’s the time to set up a Drip account within your Profit First system—before you spend the revenue that you made. What’s a Drip account? It’s an account you create to help you manage the cash flow when...
by Shannon Simmons | Dec 14, 2021 | Business Tips, Income, Profit First, Sales
You’ve determined that it’s time to raise your prices. How do you communicate this to your clients and customers?First of all, don’t make it sound like you’re breaking bad news. Raising prices is a natural and recurring step in the life of a service-based business....
by Shannon Simmons | Sep 17, 2020 | Income, Profit, Profit First, Sales
As we approach Q4 now is the time to push to end the year strong. It’s the perfect time to revisit old business strategies from last year so that you can increase your profits for 2020. If your financial numbers were fantastic last year, that’s great! Keep the...
by Shannon Simmons | Sep 3, 2020 | Income, Profit First, Sales
It’s the end of August and it is super hot outside! I have been starting to spend more time inside, due to the incredible heat. Plus, I am getting back into a normal routine, because my kids are back in school. I’m not sure how long they will be there, but they are...
by Shannon Simmons | Aug 27, 2020 | Fix This Next, Profit First, Sales
Do you have a visceral negative reaction to the word “Profit”? Do all the stories of companies who maximize profit at the expense of quality, or people or the environment give you an icky feeling when you think about making profit in your own company?...
by Shannon Simmons | Aug 13, 2020 | Fix This Next, Sales
It’s pretty safe to say you didn’t get into business to be a bill collector (unless you actually are a bill collector of course).One of the most frustrating aspects of running a business is chasing people down for money, if you let it be. Need #5 on...