Joe's Articles & Media
Why Creating Value Trumps Profitability
Generating profit is something that dominates many business owners minds most of the time – and rightly so. However, limiting focus to just profit can also prevent the business from achieving the value it needs to sell at a higher profit later. So how do you build value? There is a long list of things…
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Tips to Cut Costs and Boost Profits
The overhead cost of running a small business can get expensive so it’s important to continually look for ways to cut costs. Thankfully, there are many ways you can save to boost profits. I recently read an article on American Express.com that lists 27 different ways you can save money. Some of these tips include:…
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Fintech: A Key to Business Growth
According to a 2019 Deloitte survey, small and medium U.S. businesses using advanced digital tools were three times more likely to experience revenue growth and three times more likely to see customer growth than their peers who didn’t embrace digitalization. One of the digital tools areas that can be most helpful in increasing efficiency and…
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Tips to Secure Financing With Tougher Requirements
While recovering from the previous erratic year, many business executives are struggling to navigate an unfamiliar financing landscape. For many, sales have slumped. At the same time, lenders are placing tougher requirements on borrowers. To learn some practical tips to secure financing in this more challenging environment, I recommend reading this article by americanexpress.com.
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Navigate Today’s Volatile Economy With Top Financial Analysis Strategies
In today’s volatile economic climate, financial analysis strategies can help you evaluate your business’s performance and navigate the challenges successfully. There are many strategies that can help reveal consequential patterns and apprise you of the overall health of your business. To learn more about three of the strategies and when to use them, I recommend…
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Keys to Improving Cash Flow and Maximizing Profitability
You are likely aware that having a positive cash flow is critical to your business’s success and that there are an abundance of strategies that could help you achieve this. However, you must be aware that some short-term strategies could actually harm your business over the long term. To learn some of the best ways…
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How to Start Your Year Off Right
If you are like many people, you probably started the year off with some resolutions and ideas for how to improve your business. But have you considered developing a strategic plan? In many cases, owners of smaller and medium-sized businesses think strategic plans are only possible for large businesses. While it is true that developing…
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Discover the Difference Between Surviving and Thriving in a Post-Covid World
Many businesses are doing everything they can just to survive this global pandemic. However, there is a great need to also begin planning for a post-pandemic world. Even if you only spend a few hours a week on long-term strategic planning, making it a high priority now gives you a stronger ability to make smarter…
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How to Raise Prices the Right Way for the Right Reasons
Many companies are looking for ways to increase their revenue streams and raising the prices of products or services is an obvious way to achieve that goal. However, raising prices the right way and for the right reasons can mean the difference between success and failure. If you are interested in learning important factors to…
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15 Strategies to Help You Rise Out of Hard Times
In current times, organizations need to fearlessly and swiftly adapt to daily changes while building hope and confidence. The challenge is: How do you do that? The answer is strategies. It’s important to have a set of strategies at work to lead your team out of this unprecedented economic challenge. The key is first learning…
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