Tag: business consulting
We’ve reached the middle of the calendar year. So how are things going for your business? Conversationally you might say, “Pretty good.” But, analytically, can you put a number on how well you’re doing — or several numbers for that … Read More »
Business Briefs. Comments Off on Put a number on your midyear performance with the right KPIs
Can your business become more profitable without venturing out of its comfort zone? Of course! However, adding new products or services may not be the best way for your business — or any company — to boost profits. Bottom-line potential … Read More »
Business Briefs. Comments Off on Could you unearth hidden profits in your company?
Like most businesses, yours probably has a variety of physical assets, such as production equipment, office furnishings and a plethora of technological devices. But the largest physical asset in your portfolio may be your real estate holdings — that is, … Read More »
Business Briefs. Comments Off on Your succession plan may benefit from a separation of business and real estate
The complimentary use of a company car is one of the best perks an employee may receive as part of a compensation package. But the benefit to the employee isn’t completely “free” under current tax law. Essentially, personal use of a … Read More »
Timely Articles. Comments Off on IRS Announces Changes for Personal Use of Employer-Provided Vehicles
Companies tend to spend considerable time and resources training and upskilling their sales staff on how to handle existing customers. And this is, no doubt, a critical task. But don’t overlook the vast pool of individuals or entities that want … Read More »
Business Briefs. Comments Off on Targeting and converting your company’s sales prospects
Few businesses today can afford to let potential buyers slip through the cracks. Customer relationship management (CRM) software can help you build long-term relationships with those most likely to buy your products or services. But to maximize your return on … Read More »
Business Briefs. Comments Off on Build long-term relationships with CRM software
There are many ways for employers to conduct annual performance reviews. So many, in fact, that owners of small to midsize businesses may find the prospect of implementing a state-of-the-art review process overwhelming.
The simple truth is that smaller companies may … Read More »
Business Briefs. Comments Off on The simple truth about annual performance reviews
Life presents us with many choices: paper or plastic, chocolate or vanilla, regular or decaf. For businesses, a common conundrum is buy or lease. You’ve probably faced this decision when considering office space or a location for your … Read More »
Business Briefs. Comments Off on Buy vs. lease: Business equipment edition
The pace of health care cost inflation has remained moderate over the past year or so, and employers are trying to keep it that way. In response, many businesses aren’t seeking immediate cost-cutting measures or asking employees to shoulder more … Read More »
Business Briefs. Comments Off on Should your health care plan be more future-focused?
Many businesses have a life cycle that, as life cycles tend to do, concludes with a period of decline and failure. Often, the demise of a company is driven by internal factors — such as weak financial oversight, lack of … Read More »
Business Briefs. Comments Off on Prepare for the worst with a business turnaround strategy