by Denise W. Grove | Jul 30, 2020 | Business Tips, Cost-Saving Tips, Expense Reduction Tips
If revenue hasn’t come back as fast as you expected it to, it may be time to review your budget and determine if some planned expenses can be cut. Here are five places to look to do just that. 1. Travel Since most events have been moved online or cancelled altogether,...
by Denise W. Grove | Jul 16, 2020 | Business Tips, Expense Reduction Tips
Many families and small business owners have seen decreases in income over the last several months. Money struggles can cause us to experience stress and worry, and none of us need that right now. Instead we need to boost our immune systems and decrease stress. Here...
by Denise W. Grove | Jul 2, 2020 | Business Growth, Business Tips
The only way to get smarter about how to invest your marketing dollars is to document and measure what’s happening now in your business. What you’ve measured, you can then improve. Marketing Spend The first step to measuring what you spend on marketing is to...
by Denise W. Grove | Jun 18, 2020 | Business Tips
Liquidity in business has nothing to do with water, milk, or juice! It describes how quickly you can sell an asset and convert it into cash. Cash is the most liquid asset of all. Real estate, in contrast, is not quite as liquid because it could take months to sell it...
by Denise W. Grove | Jun 4, 2020 | Business Development, Business Tips
Deciding on the kind of business you want to start is a very big decision. Some require specialized skills that either the owner or employees will need. Others require a substantial initial capital outlay. In any case, it’s always a good idea to consider the health of...
