Money Strategies

I suspect you don't check your income statement every day. You likely don't check it weekly either. Maybe you check it monthly. Maybe. But probably not. For many entrepreneurs the...

John D. Rockefeller Greatest Wealth – $318 Billion at age 74 First Job – Book keeper Andrew Carnegie Greatest Wealth – $298 Billion at age 68 First Job – Textile...

In this episode of On A Roll, Mike Michalowicz explains why businesses need to analyze their costs once a quarter. Big savings could ensue!

They say fixed costs are things that can't go away. Buildings, machinery, alimony (that last one is a joke, people). They lie. Fixed costs don't really exist. For example, if...

When does your company pay bills? When you have the cash? When your bookkeeper gets around to it? When you get a collections notice? Paying sporadically prevents you from ever...

Mistakes? Not me. All right, all right. I’ve made a few. More importantly, I’ve seen it all. And in my experience, if you can avoid these whoppers, your success is...

Prospects and customers see price as a reflection of value. Ironically, lowering your prices may in fact scare customers away, because they believe you are low quality. Increasing prices on...

Work On Your Business Michael Gerber, author of The E-myth Revisited (a must, must, must read for every entrepreneur ever - but I digress), taught us the key to business...

Not All Revenue Is The Same Every dollar your company makes isn't the same.  Sometimes the dollar you earn cost you seventy five cents to make.  Other times it costs...

I don't know if you have ever lost a parking garage ticket, but let me tell you: it sucks! First of all, if there are parking attendants, they will struggle...