Today, there are so many new startups popping up every day that most young entrepreneurs feel like it's the quickest road to success. However, the fact is that only two out of ten startups survive the first 18 months of business. The infancy period of a startup is especially volatile for those …
Increase Profits Articles and Interviews (tag)
Telephone Communication for 21st Century Businesses: Radio Interview with Charlie Fusco of Synergixx
Call centers have a not-so-great reputation with many consumers. Between aggressive telemarketers and foreign-based customer service centers, call centers sometimes do a disservice to the businesses they are trying to help. Charlie Fusco, an expert in call center services, talks with Dean Rotbart of …
3 Ways to Add More Revenue Streams to Your Small Business
When you own your own business, you have to not only expect, but also plan for the natural ups and downs that you’re likely to face financially—especially in your first few years of operation. Some weeks it’s a feast and the next it can be a famine, making it desirable to find other ways to earn …
The Pros and Cons of Sharing Company Ownership with your Employees
When you have worked hard to establish and build your small business, why in the world would you consider sharing the ownership of that business with your employees? The answer is the same answer you use in making your other business decisions—it could be good for business. First, the term …
You Are Finally Making a Profit, Now What Should You Do With It?
When you start a business, your goal is to begin turning a profit as soon as possible, and then to grow that profit as much as you can. That's a fundamental element of capitalism. But there is a story about a dog who chased cars every day until one of them crashed in a ditch. The dog ran to the …
Six Steps for Success in the New Year
As the year is coming to an end, now is the time to start planning for next year’s business success. Regardless if you hit your sales and profit goals or not, analyzing this past year’s successes and challenges will bode well for your business in the coming year. Because we are all so busy, very …