Jul 15, 2020 | Articles, Sean Answers
Should a company be happy or concerned if most customers are satisfied? Your goal is to have 100% of your customers happy and or satisfied at the very least but I have learned if you service a large percentage of people and you hit 99% you still have many just are not...
Jul 14, 2020 | Articles, Sean Answers
How do new businesses get reduced rates on products from suppliers? 5 WAYS TO GET REDUCED RATES FROM SUPPLIERS AS A STARTUP Ask for them. Promise loyalty going forward. Share your growth potential Place a substantial initial offer...
Jul 14, 2020 | Articles, Sean Answers
Is it fair for a company to reduce the salaries by half? During a global pandemic, it would be a possibility that costs this deep might need to be made for survival. I would think asking an employee to do the same amount of work/hours for half the pay would be hard to...
Jul 14, 2020 | Articles, Sean Answers
How much would a company be worth if it made 15 million a year in profit with no debt? There are too many factors to be considered to just rely on this one data point. Clearly 15 million profit would lend one to believe this is a 100 million-plus business evaluation...
Jul 14, 2020 | Articles, Sean Answers
How much should a company spend on payroll? Payroll is a companies largest expense in most cases and can vary greatly. The amount you spend on the payroll is not the important number. The important number is how much profit you make after your expenses including your...