Profit and Finance

How to Increase Your Small Business Valuation

October 1, 2024

Whether or not you want to sell your business, it's sound wisdom to have an exit strategy.  The tips in this article will allow you to sell your small business for the highest price and they will also make running your business easier and more profitable.  Here are some key…

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small business valuation image how to value and whats the best method for you Sacramento Folsom Rancho Cordova

How to Value a Small Business

August 8, 2024

Up front caveat:  I am not a business lawyer or broker and am not licensed to do business valuations (yet).  This article is designed to be helpful and informative, a summary of research I've done.   Before selling, you'll need to know how much your business is worth. This allows…

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How to Create an Accurate and Useful Business Revenue Model or Proforma

February 20, 2024

How Local Sacramento Area Business Owners and Start-Ups Can Create an Accurate and Useful Business Revenue Model or Proforma to Predict Income, Expenses and Profit Some entrepreneurs are afraid of or "allergic" to math or financial models.  It seems like a chore and not worth the effort.  This article is…

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How to Get More Sales Transactions

March 5, 2018

How to Get More Sales Transactions Even with the Same Number of Clients One of the best ways to improve business profits and to keep your customers happy and coming back often is to give them what you want.  If you're familiar with my coaching or articles, you know I…

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What is Downselling and How Does it Increase Conversions and Profits

February 26, 2018

What is Downselling and How does it Increase Your Small Business Conversions and Profits The best ways to increase your small business profits are to 1) get more leads   2)  increase profits and 3)  convert more leads to sales. Let’s discuss lead conversion strategies… and let’s start with downselling.  Do…

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How to Pay Off Your Debt as Fast as Possible

July 26, 2017

How to Pay Off Debt Fast! I will absolutely tell you exactly how to pay off debt fast as humanly and mathematically possible by the end of this article.  Much more important questions are:  should I pay off my credit card debt or other debts faster?  What else can I…

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What is Great Customer Service?

March 2, 2017

What is great customer service and why is it crucial for your business success? GOOD customer service sucks. Good is the enemy of great" - James C. Collins, author of Good to Great Don't worry, more coming soon ... just got back from the DMV and AT@T appointments to learn…

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What is a Good Profit Margin?

February 18, 2017

What is a good profit margin? What the heck is a business profit margin?  Why is a profit margin important to you?  How do you calculate it?  How do you determine what the best pricing is to optimize for both the clients and the health of your business?  What mistakes…

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How to Properly Price Business Services

February 12, 2017

What are the key factors to properly price business services? There are several challenges to optimally price business services.  How can you be fair to yourself AND the clients?  If you charge too much, will you not get any clients?  What if the competition is undercutting your services?  You don't have…

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How to Keep Track of Business Finances

February 3, 2017

What is the easiest and most effective way to keep track of business finances? Many business owners don't accurately know what's going on financially on a month-to-month basis.  Yes, we can all see if the bank account is going up or down.  The good news is that's the first indicator…

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What is a Vision Statement?

December 5, 2016

How to Write a Compelling Business Vision Statement for Your Company What is a Vision Statement? Your business vision statement is a clear, concise verbal description of the ideal state of your business in 5 to 10 years.  It boldly declares where your business is going.  It is written in…

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Welcome!

September 28, 2015

Welcome, To set up a powerful business strategy session with Coach Jim, please call (707) 246-3646. Come back soon and read valuable articles, see success stories and more to help you make your business more profitable while gaining time to relax and improve your quality of life.  We'll also be…

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