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Funding for consulting in Jobs Act

By Anna Masker In standard18th March, 2012

If you are a growing business with 7 or more full-time employees, and you find that help from a consultant could get you past a particular hurdle, you may qualify for funding for consulting through the Jobs Act.

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The empty spot on your bench

By Anna Masker In standard25th May, 2011

Ask any business owner if they ever have enough money or enough people to get the job done and their answer is probably a guffaw and a resounding “NO!”

When you ask them who they need (in a perfect world) you’ll hear they need sales people, operations people and line workers. Rarely do they say they need this one critical position.

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An alternative to “Off with their heads!”

By Anna Masker In standard17th May, 2011

When businesses look for cost savings, one of the first places they look is to reduce one of the largest expenses on their P&L–their employees. We agree that employees are a great place to start saving money– except our approach comes with a twist.

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Brain drain- when a critical employee leaves

By Anna Masker In standard12th May, 2011

Think about how much knowledge walks out your door every day. How would your business be affected if a few key people didn’t come back? What if that employee is you?

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Avoiding March Madness

By Anna Masker In standard14th March, 2011

March is the time when most businesses start collecting and turning over their documents to their accountants to prepare their taxes. For some businesses, it is pulling out a shoebox of receipts, for others it may be a scramble to bring their books up to date. In either case there is a certain level of financial “madness” that happens in March. There is a simple way to avoid the rush and improve your business at the same time.

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Looking beyond your Giant Clients

By Anna Masker In standard8th March, 2011

If you’re like most companies, at some point you’ve had a large customer that’s made up a majority of your income. We refer to them as giant clients. It’s hard to look past the steady stream of orders, and the big fat checks. In the back of your head you know you’ve got all your eggs in one basket but it’s hard to think about that when you are so consumed in the day-to-day of delivery and service. It’s a good idea to start diversifying your portfolio of customers—adding more and possibly in different industries. You’ll need to get creative and here’s how…

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Let’s talk about money—YOUR money

By Anna Masker In standard28th February, 2011

OK, I’ll be frank. Sometimes business owners can be the greatest downfall of their own companies. You’ve probably heard the hundred ways this is possible from management and HR issues to lack of “business” skills. I’m in the business of finance, so I’ll talk about only one—handling money. There are two scenarios where a business

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Downfalls of cost-plus pricing

By Anna Masker In standard16th February, 2011

Many companies that offer unique or custom products figure out what to charge by adding up their costs and tacking a markup on top of that. That’s called cost-plus pricing. However without being careful, you may find that cost-plus pricing can actually benefit your customers more than you.

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Why Mix Matters

By Anna Masker In standard9th February, 2011

Have you ever wondered why you may be selling more and more but aren’t making any more money? You may have a problem with your mix. Just as too much of one ingredient can ruin a recipe, mix can make the difference between profitability and losses, a cash crunch and money in your pocket. It

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Shaking the shoebox

By Anna Masker In standard26th January, 2011 Shaking the shoebox

Saving money in your small business may seem hard to do. Office Supplies is one “back-office” expense that you can reduce. See how a multi-billion dollar company– and a shoebox– saved money, one pen and pencil at a time.

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