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How Understanding Assets vs. Expenses Can Make You Rich

by accelerator | Oct 30, 2014 | Business Development, Business Tips, Management Tips, Profitability Tips

Assets and expenses both have a “debit” balance on the financial statements, but that’s where their similarities end. Spending on one can make you rich and spending too much on the other can leave you broke. An expense is money you may need to spend, but after a year,...

What’s Your Hourly Worth?

by accelerator | Oct 16, 2014 | Business Tips, Management Tips, Time Management Tips

Time is the most precious resource on the planet, but sometimes we don’t treat it that way. In our businesses, it’s important to get everything done, but we can also get overwhelmed with all the little things that need to be done to take care of customers. One of the...

Seven Profit-Boosting Entrepreneurial Habits

by accelerator | Jun 12, 2014 | Business Tips, Management Tips

As an entrepreneur, you are responsible for shaping your business success.  Any habits that sabotage your success in your personal life can often carry over to your business.  Becoming aware of these is the first step to success. Here are seven success-boosting habits...

Five Essential Components of an Entrepreneur’s Compensation

by accelerator | May 29, 2014 | Business Development, Business Tips

The two major ways entrepreneurs can take money from their business is through draws or by receiving a paycheck.  The type of entity in which their business is set up will determine which method can be used. In either case, entrepreneurs need to be careful not to...

Nine Tips to Dazzle and Retain Your Top Customers

by accelerator | May 1, 2014 | Business Tips, Customer Service Tips

Your top customers are your most important customers in your business, and it’s important that you hang onto them if at all possible.  It’s much more cost-effective in most business models to retain repeat customers than it is to find new ones.   Here are nine tips...

Do You Know Your Weakest Business Link?

by accelerator | Apr 17, 2014 | Business Development, Business Tips, Management Tips

You’ve already built a solid business that you have great pride in.  Yet, if you’re like most entrepreneurs, you’re on a constant search for how to make your business better.   One way to focus your search is to look for the weakest link in your business. From a...
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