Most professional service firms have operating profit margins from 25-40 percent. This means that out of every dollar of revenue, 25-40 cents drops to their bottom line as pre-tax profits. I want to share with you a simple strategy that one law firm I work with used to increase its operating profit margin by 29.5 […]
With Uber and Google’s workplace diversity issues sparking headlines across the country this year, I wanted to share three things that will make a difference. To be clear, none of these things are quick fixes. All three of these ideas are designed to help create a company culture that is diverse and empowered. This can […]
The response was so strong from the article I posted last week of 15 email marketing insider tips that I wanted to share nine more with you in this article. Considering that my company Maui Mastermind sends out millions of targeted emails every month to our subscriber elist for our business coaching company, we’ve learned […]
It’s an exciting time, as start-up culture has taken the business world by storm over the last ten years. People are eager to bring their visions to life and dream that “their” idea is the “next big thing”, and that it’s the “new and improved” Facebook or Airbnb. Because there are so many new start-ups launching every day, the competition for investor capital is tight.
One of the biggest benefits of being an entrepreneur is working whenever and wherever you like. If your small business is based out of your home, you can take advantage of significant tax savings. Of course, the tax maze is always complicated, and it gets even more difficult when you combine business and personal expenses.
I wanted to share with you 15 of tips to improve your email marketing so that you can increase your sales.
Managing expenses to reduce your tax liability is a critical component of your comprehensive tax minimization strategy. However, this isn’t the only options for getting through the tax maze with your wealth intact. If you are truly committed to keeping your taxes low, it is time to explore tax-deferred and tax-free income opportunities.
The bottom line is that you need to think about scaling as you run and operate your business. In many ways, you build a scalable company through the cumulative impact of hundreds of small decisions through time.
Here is the hidden sales step that most sales people miss, many times costing them the sale when their buyer gets cold feet. You’ve likely had this experience. You just closed the deal. You and your team are sharing hi-fives around the office. You’re mentally counting your profit on the deal and the thrill of […]
Here is a simple game plan to create a marketing funnel that works. I was talking with a business coaching client who runs a $10 million a year professional service firm. He shared with me that it had taken him several monthly to build out his core marketing funnel for a new service he started […]