The Right Profit Margin

What is a good profit margin for a small business? Depends on what you are selling and how many. If you are selling very high ticket items and very few of them the margin needs to be high but if you’re selling a lower ticket item the margin is smaller so you...

Keeping an Employee vs. Hiring a New One

Is it cheaper to keep an employee or hire a new one? In general, keeping an employee you can improve is cheaper but if they cannot be improved to a point where they are valuable in the role you are paying them for let them go and hire someone...

5 Reasons People Partner

How does a business start a partnership, and what are the benefits? The business start with a partnership because 2 people are better than one and can get so much more done and usually the partners have differing strengths and roles they play in the company. 5 REASONS...

Branding Multiple Things

How do you brand yourself when you do many different things? Branding generally focuses on the one thing you do better than anything else. It is very hard and uncommon to brand multiple things. I would focus on the one thing you can offer/promise that if you could...

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