For the longest time, we were concerned about our future and thought we could improve our results on our own. Then we realized that we needed help. Since working with Profitable Wisdom, we enjoy working on our business again and feel a sense of peace and calm about our future. Profitable Wisdom has helped us to increase profits, grow our personal savings and plan a transition that is right for us.
~ Jo Anne & Bill Leyburne
Questions & Answers
As a Business owner, have you thought ‘who is the best buyer for my business?’ In many cases, smaller businesses are unable to attract significant buying interest because they lack fully developed management teams and they do not command a large enough share of the marketplace to create a compelling story. It is important for you to be aware of this marketplace reality so that you can envision who may one day want to own your business.
A business owner once told me that she asked her Accountant how to increase business’ profits. The accountant replied: “Increase revenue.” Many business owners believe that you must increase sales and revenue to make more money. However, there are many other ways to improve profitability.
A better way to increase profits is to increase profit margins…