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Your Premier Resource for Small Business Expertise Loan Application Assistance Business Valuation, Buying/Selling Strategy, Marketing and Planning Improving your profitbility Other Services Entrepreneur Center  |  - Benjamin Frankin Do you know what your working capital is (hint: It is not you bank balance)? Do you know what working capital implies? Do you know at what time of year your break even occurs? Do you know what each customer costs? How long do your customers take to pay you? How long do you take to pay your bills? What does it cost to run your business for one day? How much of your business are repeat customers? Do you measure and respond to seasonality? Do you compare actual to projected sales? How do you respond to sales +/- 10% from forecast? Do you have a sales forecast? The answers to these and other questions hold the secrets to increasing your profitability. Business Resource Group Executives and Analysts have analyzed and improved the profitability of hundreds of small businesses during the course of their careers. They will talk with you and help you to determine the actions you can take. They will even take some of the actions for you should you desire. Let the Business Resource Group help you increase your profits. |
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