BUSINESSTOWN Profit-Boosting Management Techniques

10 Keys to Business Success

“If you’re like me, being upbeat—let alone envisioning a clear path to huge success—might not always come naturally, but by pushing yourself to think positively, to talk success, you can go a long way to turning success into reality!” Thinking Success Goes a Long Way Toward Being a Success If you picture yourself as someone... READ MORE

How to Slash Your Overhead

"Overhead, like the government, tends to just grow and grow. Reducing overhead takes incredible discipline and a willingness to risk civil war with all affected employees.” Overhead Is a Threat to Your Survival A low-cost structure is essential for being competitive, and low overhead is part of a low cost structure. Overhead costs don’t directly... READ MORE

Kickstart Marketing With These 16 Questions

Although you could reinvent any part of your business, changes to marketing are often one of the most powerful and quickest ways to boost profits. That being said, I want to add a slight note of caution. If you have a poor business strategy or the quality of your products or services is below average,... READ MORE

Take a Totally Fresh Look at Strategy!

If you put the energy, time, thought, and open-mindedness into reevaluating your existing business as you would a start-up business, your business would probably really take off! But it’s hard. It’s very, very hard. It’s hard to really substantively change the way you’ve gotten used to running your business. It’s hard to change old habits;... READ MORE

Throw Out Your Old Business Plan!

Another powerful mind-set for taking your business to the next level is to throw out your old business plan and build an entirely new one from scratch. Creating a Well-Done, Totally New Plan Is a Lot of Work, but It's One of the Best Ways to Shoot for the Stars! It takes a lot of... READ MORE

How to Find Out How Good Your Products Really Are

I find small business owners have great products and services—just ask them! They’ll tell you so! But I hate to break the news to you—most small business services and products are average at best, except in the minds of their owner-operators. For small business owners, it’s particularly hard to admit that their products/services may be... READ MORE

Planning for Profits

“No matter how small or large your business, you’ve got to aggressively plan the work and then work the plan!” In some previous presentations, I’ve suggested some ambitious ways to jump-start your business, such as coming up with an entirely new business strategy or totally ripping apart your business plan or completely reevaluating your products... READ MORE