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MAY 2024
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With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.
Small Business
The May Small Business Advisory is titled "Planning for a successful accountant" and is appropriate for many with the April 15 tax deadline having passed.
Did you work with your accountant? Or, did you just give them a bunch of papers and wait to receive a completed tax return?
Successfully working with an accountant requires a partnership. This month's Small Business Advisory gives suggestions of how to make this happen in 2024.
Small Business
We see that many small business owners have too much of a focus on the "top line" of their income statement.
Increasing revenue is great, but it is not a cure all for any challenges your business is facing. And sometimes, incresing revenue can create a challenge.
Who is your customer? Some small businesses have no focus. Their customer is whoever calls or walks in the door.
And some small businesses have determined which customers, in sufficient numbers, they should spend their efforts to attract.
The article of the month shares an old Southern rhyming couplet about business; "The bertter you niche, the more you get rich."
Lean Startup by Eric Reis is our suggested book for May.
As the title suggests, the reader of the book would be someone that is starting their business. However, we see more value than just that.
Perhaps you have been in business for many years. We think this book could give insight to items, and methods, that a small business owner should think about with their business today.
Small Business Conversations is the new name for what has been the e-retailer conversations. Each month we find an expert in an area of management in our businesses. This expert gives an evening of their time to visit and share. We invite you to join us in the program by sending your questions that we put before the expert. You can listen by dialing the toll free number or by way of the link in the invitation you receive by e-mail.
Small Business Advisories, which also happen to be our feature Internet tool of the month for March, are a series of short monthly articles with quick tips, information and advise for your business. You can receive these by following the "Small Business Advisories" link in the Internet tool section below, or by visiting the Profits Plus website.