What Would You Do With $1.8 Million?
First my new manual – one version for business owners and one for CPA’s bookkeepers and financial professionals: Understanding Financial Statement Trends Business owners Click here for more information CPA’s bookkeepers and financial professionals...
Five Easy Things That Could Help Your Hiring Process
First, two complimentary webinars you might want to take advantage of: I’m part of a two-day AI Summit on September 23-24, 2025. Click here for more information and to sign up for this free summit. Thursday’s Ask Ruth – I’m covering the working capital trends and...
Increase Profit and Wealth
First, thank you for reading Financially Fit Business. I hope the ideas I share help you grow a profitable business and significantly impact your life and the lives of your employees. This week is one of the rare times I use this space for me, and personal promotions....
25 Ways to be More Profitable – Conclusion
The final installment in this profitability series focuses on two often-overlooked issues: growing faster than your working capital can support and misaligning people with the wrong responsibilities. Sustainable growth and role fit can directly improve profit.
25 Ways to be More Profitable – Part 13
Here are profitability ideas for sales, marketing and customer activities. #21 – Know which of your marketing activities produce the best results Effective marketing is a combination of the right message sent to the right target customer using the right medium. Right...
25 Ways to be More Profitable – Part 12
These activities focus on billable hours or revenue producing hours. Customers write your paychecks. Your team members who produce your products and services are billable, i.e. revenue producing. Here are profitability ideas for increasing billable hours. #18 – Know...
25 Ways to be More Profitable – Part 11
Here are the next two ways to increase profitability. Your balance sheet tells you whether you are really profitable. Your P&L just tells you whether you are profitable for a specific period of time. The three ratios that I write about this week are called...
25 Ways to be More Profitable – Part 10
Here are the next two ways to increase profitability #14 – Eliminate Warehouse Supermarkets I watched a technician walk into an unlocked parts room, choose the parts he wanted, and leave with an armful. He didn’t write down what he took. He didn’t let anyone know what...