News & Views

Retail Finance – Your Hidden Gold Mine!

With all the challenges that face your business on a daily basis such as cross border shopping, lower margins and higher operating costs, you need to utilize all the tools at your disposal.  One of the most important programs available to you is consumer retail finance.  Here are some valuable hints on how to increase your income through retail finance. Read More

The Seven Pitfalls of Business Failure and How to Avoid Them

A significant percentage of new businesses fail. Expert opinions abound about what a business owner should and shouldn't do to keep a new business afloat in the perilous waters of the entrepreneurial sea. There are, however, key factors that -- if not avoided -- will be certain to weigh down a business and possibly sink it forevermore. Read why

Cutting Expenses to Increase Profits

Most business owners think that in order to improve their business or reach that next level, they have to raise revenue. And, while raising revenue is a great way to improve your business, it is not the only way. Read more

7 Keys to Good Inventory Management

There is unfortunately no magic formula or ratio that you can apply to guarantee you buy enough inventory to meet your sales needs without ending the season with a large carryover.  Inventory management involves a complex set of variables that requires experience, diligence and a little bit of luck, however there are a number of things you can do to help achieve your goals for controlling inventory.  Read how to avoid a disaster!

Setting Better Goals - Taking The First Step

We all have goals. Most of the time we spend thinking about our goals, we seem to strive to find more negative reasons as to why not to pursue them than positive ones. The following questions are a preliminary step in discovering what your goals are, who you are, and how you feel towards change.

Jump Start Your Small Business Marketing - NOW

Some soar. Some crash. Others survive. The economy in the past several years have been challenging for many companies. What factors contribute to the success of a survivor? According to certain experts, it's an unwavering focus on growth and small business marketing.

Does Your Cash Flow Need a Transfusion?

It is time to take the gloves off and talk turkey about the most critical aspect of your business operations.  There is no use sugar coating what in my opinion is your most important asset and the difference between success and failure – 'your cash flow'.  It is the life blood of your business so if you are down a quart you may need a transfusion. Read why

Why This Dealer Won't Get My Business Again!

Typically I write about specific financial issues that govern the operation of your company.  While customer satisfaction cannot be calculated by a ratio it goes to the very heart of a company's profitability, so I wanted to share a recent experience I had that hopefully will serve as a reminder to all of us of how important our customers are. Read more

Give the People What They Want!

The best marketing concepts aren't complicated. They are actually surprisingly simple. You can begin applying them today and start seeing immediate results. Read more

How to MAKE MORE MONEY This Season

We are about to enter into the most critical 4 to 5 months of the year - when Marine and Motorsports dealers will either make it or break it when it comes to profitability goals.  The show room has a new coat of paint and all your new models and accessories are well displayed.  The staff have new logo'd shirts and you can eat off the service department floor.  The bathroom has even got a thorough scrubbing.  But what about your financial house – is it in order? Read what you need to do NOW!

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