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Category Archives: Profitability

4 Questions Busy Interior Designers Must Answer to Create Wealth

Financial Management, ProfitabilityBy Sherrell T MartinSeptember 9, 2022Leave a comment

Creative thinkers like you can’t help it! You love that zone – the ideas are flowing, the images are popping, and the phrase, “let’s try this” is on repeat. Satisfaction feels new… every time you say, “That’s it – let’s go with these!” Because you’re taking such good care of your clients, your business is…

Identify the Top 4 Profit Killers

How to Identify the Top 4 Profit Killers

Pricing, ProfitabilityBy Sherrell T MartinJuly 16, 2019Leave a comment

From the outside looking in, running a business seems easy. But don’t let social media fool you; it’s hard. It can be even harder to run a profitable one. There are many things that you need to be aware of and stay on top of to ensure your business is a profitable one. Here is…

profit increase

Top 3 Pricing Strategies to Increase Your Bottom Line

Pricing, ProfitabilityBy Sherrell T MartinJuly 3, 2019Leave a comment

Pricing your products and services is one of the hardest things for a business owner to do. It’s not hard physically, but mentally. It is the one thing that can make or break your business. Pricing is not a task; it’s an art. In order to do it properly you have to be very in…

How to Prevent Loss of Profitability Using QuickBooks Online

Financial Management, Profitability, QuickBooksBy Sherrell T MartinAugust 16, 20171 Comment

Understanding profitability is a key task associated with managing the finances in your business.  You need to understand it at a deeper level than just total revenue minus total expenses. You need to know your profitability on a per project or per customer basis. Just like many other business owners, you are going about your…

4 Ways to Cut Costs and Increase Your Bottom Line

Budgeting, Financial Management, ProfitabilityBy Sherrell T MartinJune 28, 2016Leave a comment

How many times have you looked at your bottom line and you were shocked and amazed? You thought to yourself “where did the money go?” Well trust me when I tell you, you are not alone. Every year millions of businesses, large and small, have this happen to them. How do you prevent it you…

#1 Reason Why You’re Not Turning a Profit on Each Client

ProfitabilityBy Sherrell T MartinOctober 14, 2015Leave a comment

  One of the main challenges service based business owners have is determining their profitability on a client by client basis. Especially when some of their costs needs to be spread over all of their clients. It’s a calculation the average bear won’t know or understand how to calculate. But it is a necessity, if…

3 Reasons Why Your Business Is Not Profitable

ProfitabilityBy Sherrell T MartinAugust 11, 2015Leave a comment

Maintaining a profitable business is no easy task. At least that’s what many business owners think. Often it is assumed that profitability is some pie in the sky that is hard to reach unless you have a big business. Well I am here to tell you that that’s false evidence appearing real.  Yep FEAR! Fear…

Is your job profitable

Are Your Projects Profitable?

Financial Management, ProfitabilityBy Sherrell T MartinJuly 17, 2013Leave a comment

When most people think of job costing they think of construction businesses.  But you can us job costing in any business that has multiple streams of income that are significant to that businesses bottom line.  Job costing is all about assigning the proper costs to individual project or jobs, to help determine its profitability.  In…

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