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Articles from Donna Marie Thompson | Selfgrowth.com
- Costs and Revenues Define Your Break Even Point for Profits - by Submitted on Sep 18, 2013 from Donna Marie ThompsonThe essential information on your fixed costs paired with the calculation of your variable costs will enable you to price your products and services with the accuracy and precision required to maximize your profits. The Break Even Point, or as others will define it, the no-profit, no-loss point ...
Views: 1288(4 votes) - A Buffet of Increasing Your Profits Platters - by Submitted on Sep 11, 2013 from Donna Marie ThompsonThe basic path to success: increase sales and reduce expenses in order to improve profitability. The goal is definitely one and the same, but how you reach each milestone may vary. I would like to share random thoughts on ways to open doors to profits. These items usually elude our attention ...
Views: 1325(4 votes) - Objectives and Measures to Boost Profits - by Submitted on Sep 04, 2013 from Donna Marie ThompsonWhat is the path for Objectives and Measures to boost profits? Brian Tracy claims that only “the companies that provide excellent product(s) with excellent service at profound excellent prices will survive” these turbulent times. It is true that different businesses will require different types ...
Views: 1277(3 votes) - 6 Hidden Profit Leaks - by Submitted on Aug 28, 2013 from Donna Marie ThompsonIn any business, there are almost always hidden and potential profit sources resulting from profit leaks. Generally they are hiding in plain sight. Here are six common places to detect profit leaks in your business. Profit Leak Detection #1: Purchasing This is the easiest leak to detect: You ...
Views: 1424(3 votes) - Small Business Use Key Financial Ratios to Boost Profits - by Submitted on Aug 14, 2013 from Donna Marie ThompsonBoost your profits with a few key financial Ratios that provide quick visibility into your small business? Ratios come in all different is shapes and sizes and can be made to be quite complex; my intent is to keep it simple here. Why not peel back the layers to see what really is going on in ...
Views: 1497(3 votes) - Small Business Owners Go Mobile to Increase Profits - by Submitted on Aug 06, 2013 from Donna Marie ThompsonSmall business owners discover that a mobile presence of their business will cause their profits to increase. This huge market is open and growing by leaps and bounds. Reaching customers or clients on their tablets or their mobile phone is rapidly taking over from older, conventional marketing ...
Views: 1377(9 votes) - 2 Common Myths in Small Business’ Path to Profitability - by Submitted on Jul 29, 2013 from Donna Marie ThompsonSmart small business owners on the road to profitability never set the expectation that it would be easy. But 60- hour work weeks without solid results are growing old and tiresome. It’s time for a change. Clearly, there has to be a better way. Let’s look at two of the common myths about ...
Views: 1328(8 votes) - Small Business: Will Working Harder Increase Your Profits? - by Submitted on Jul 23, 2013 from Donna Marie ThompsonThere are two common myths about running a small business that are simply not true. One is the myth of working harder and the other is the myth that changing everything is needed in order to increase your profits. Let’s take a closer look at these two myths and bust them one by one. Are you ...
Views: 1223(9 votes) - Small Business Owner Confesses: “I Hate Numbers” - by Submitted on Jul 18, 2013 from Donna Marie Thompson“I have learned the novice can often see things that the expert overlooks. All that is necessary is not to be afraid of making mistakes, or of appearing naive.” (Abraham Maslow) One of the most frequent reasons I hear from business owners to not get started on boosting profits is, “I hate ...
Views: 1240(7 votes) - Small Business Owners Uncover Opportunities For Profit - by Submitted on Jun 12, 2013 from Donna Marie ThompsonWay back when you first conceived the vision for your small business, you definitely projected your future to be very profitable. If you haven’t reached that target yet, could it be partly because you’ve missed opportunities along the way? Thomas Edison said that "Opportunity is missed by most ...
Views: 1247(7 votes) - Small Business Owners Negotiate For Profits - by Submitted on Jun 05, 2013 from Donna Marie ThompsonOne of the everyday realities in small business is “Negotiating.” It’s a necessity for all small business owners who, whether you love it or hate it. Negotiating a new deal, the price of an item you need to purchase, payroll and contractor issues, deadlines, service arrangements, a joint ...
Views: 1230(7 votes) - Can You Create More Balance AND More Profits? - by Submitted on May 07, 2013 from Donna Marie ThompsonThe reality is that most of us in small business today barely make it through the top 20% of our to-do lists. We get tangled up in issues, emails, phone calls, drop-ins…the list is endless. We severely strain our relationships, miss important life events, and generally take care of ourselves ...
Views: 1296(7 votes) - 3 Ways for Small Businesses to Build Profits by Marketing on a Shoestring - by Submitted on May 01, 2013 from Donna Marie ThompsonAs a small business owner, profits mean having superb skills in your line of business. This is definitely a big asset, but sadly not enough to create success. The plethora of competition and the turbulent markets add tremendous obstacles to making it big. Marketing is a particularly ...
Views: 1197(5 votes) - Want More Profits? Keep A Close Eye On The Competition - by Submitted on Apr 24, 2013 from Donna Marie ThompsonAs a small business owner focused on profits, looking at your daily to-do list can find you loaded down with many issues to tackle during your day. This can take you far off your primary profit course if you let it. After all, you have to handle customer service issues, respond to potential ...
Views: 1082(5 votes) - Protect Profits by Meeting Adversity Head On - by Submitted on Apr 17, 2013 from Donna Marie ThompsonWith protect profits always top of mind, small business owners are advised to be vigilant against possible threats and adversity. Adversity is a potential problem for a small business. You’re not sure where it came from, how much it will cost, and when it will end. Left unchecked it can ...
Views: 1071(5 votes) - Finding Pitfalls in Your Small Business and Turning Them Into Profits. - by Submitted on Apr 10, 2013 from Donna Marie ThompsonWhen asked how to increase profits, most small business owners will readily answer with “increase sales.” I definitely agree. There is nothing like enjoying a healthy top line. And yet, while working feverishly on that goal, there are many owners who have not yet discovered the hidden profits ...
Views: 1172(4 votes) - How Tracking Time Can Change Productivity and Boost Profits - by Submitted on Apr 01, 2013 from Donna Marie ThompsonIn today’s economy small business owners need solid information on productivity and time spent on revenue-producing tasks. More and more, employers are using tools to boost their profits and raise productivity. Time tracking software is a great asset to assist small business owners in tracking ...
Views: 1250(5 votes) - Earning Income thru Affiliate Marketing. - by Submitted on Mar 19, 2013 from Donna Marie ThompsonYes, it may be hard to believe, but you can discover hidden profits in your business just by using your customer list. The stagnant economy that has plagued small business owners definitely has us seeking uncommon ways to make more profits. One thing to consider, if you’re not doing it already, ...
Views: 1106(2 votes) - Do You Know the Value of an Hour and How it Affects Profits? - by Submitted on Aug 19, 2013 from Donna Marie ThompsonThe tug of war for small business is always profits vs. costs. Undoubtedly you see costs everywhere you look as a small business owner. It’s easy to see them in the costs for equipment, supplies, utilities and the space you lease. While many of these expenses are fixed over the short term, and ...
Views: 983(4 votes) - Outsourcing – How the First 30 minutes Each Day Affects Your Profits - by Submitted on Feb 25, 2013 from Donna Marie ThompsonWith a small business to build, streamlining your day from the very first moment can mean productivity increases, peace of mind, and yes, even hidden profits. Finding profits in hidden places can be much easier than you think, I promise. As a small business owner, what you do at the very start ...
Views: 1218(4 votes) - The Top 3 Early Warning Signs of Eroding Profits - by Submitted on Feb 23, 2013 from Donna Marie ThompsonFor small businesses, profits never take a back seat, and watching out for changes in your profit stream before they happen is the key to a long and vibrant life for your company. It can be easy to miss the signs though, in the day-to-day race to find and maintain customers and clients, fulfill ...
Views: 1184(5 votes) - How Do You Maximize Profits on Declining Sales? - by Submitted on Feb 12, 2013 from Donna Marie ThompsonIn a small business, there’s no denying that there are products that reach the end of their life cycle. There comes a point where sales and profits are no longer growing, but instead, they are declining. The good news is that orders are still arriving, so you have time to make a plan of ...
Views: 1319(5 votes) - 3 Easy Ways to Boost Your Business Profits - by Submitted on Feb 04, 2013 from Donna Marie ThompsonIn any business, and especially a small business, there can be countless valuable “potential” profits literally hiding right in front of you. For a small business, figuring out what those gaps in your profits are – and where they are hidden in your day-to-day activities – is almost as valuable ...
Views: 1351(3 votes) - How to Know Your Variable Costs to Increase Profits in Your Small Business - by Submitted on Jan 01, 2013 from Donna Marie ThompsonHow to Know Your Variable Costs to Increase Profits in Your Small Business If you don’t know your variable costs you don’t have the information you need to maximize the profits in your small business. You don’t have the information you need to price your products and services. You can't ...
Views: 2700(4 votes) - 5 Tricks to Maintaining Momentum toward Your Goals - by Submitted on Jun 04, 2012 from Donna Marie ThompsonWe all have goals – some are very difficult, while others are less so. How do you keep on track with all of your goals? What is the secret to meeting every goal every time? One of the biggest challenges we face in setting and reaching our goals is that many of us have too many goals going on ...
Views: 3192(3 votes) - 3 Traps in Goal Setting - by Submitted on Apr 25, 2012 from Donna Marie ThompsonHow are you doing on your most important goals? How do you even know unless you are carefully measuring your progress on each goal? You are not alone. You probably already know that 91% of New Year’s Resolutions -- you know the ones to lose weight, go to the gym, and clean out that junk ...
Views: 1809(3 votes) - How to Cope With Divorce: Sara’s 7 Steps to Heal Her Broken Heart - by Submitted on Dec 04, 2011 from Donna Marie ThompsonDivorce. Whoever thought it would be happening to you? To most people, there was no way that this was happening to them. What ever happened to till death do us part? Tame the Pain of Divorce There are many ways to cope with the pain of divorce - no one way works for everyone. Luckily, ...
Views: 1722 - How to Manage Your Feelings as You Cope with Divorce - by Submitted on Sep 26, 2011 from Donna Marie ThompsonDivorce often plays havoc with our emotions. Even when you think you've got it all pulled together, sometimes unwanted feelings can take over your psyche. Two steps forward, one step back... or on a paritcularly bad day, even three steps back. In time, you can observe these feelings as they ...
Views: 1282 - Baby Boomer Women: Is There a Business in Your Future? - by Submitted on Sep 25, 2011 from Donna Marie ThompsonBaby Boomer women are starting businesses in record numbers. There are three main reasons: flexible lifestyle, income, and personal passion. Many baby boomer women want to take these businesses into their retirement - early or otherwise. Women over 50 are looking for a personal and professional ...
Views: 2055(2 votes) - On the Brink of Breaking Up? What To Do Next - by Submitted on Mar 19, 2011 from Donna Marie ThompsonOn the Brink of Breaking Up Your Relationship? If you are now facing rocky times in your relationship, you could very well be on the brink of a break up. What can you do to bring it back? The first step is to take inventory - what is going on in your relationship and why? It is critical ...
Views: 9800 - 7 Tips for Singles to Survive the Holidays - by Submitted on Dec 16, 2010 from Donna Marie ThompsonAre you dreading the upcoming holidays because you are single? The holidays are right around the corner and you thought you'd have plans by now. Well, many people are going into the holidays single. But being single does not need to mean being alone. Perhaps it's your first time as a ...
Views: 1549(4 votes) - Forgiveness Can Set You Free: Unshackle the Chains of Resentment - by Submitted on May 28, 2010 from Donna Marie Thompson“To forgive is the highest, most beautiful form of love. In return, you will receive peace and happiness.” Robert Muller Often when we are wronged we hold on to the hurt. We own it – it is our hurt and we do everything we can to keep it. In the early stages, we use this as a coping mechanism ...
Views: 3891(3 votes) - Align Your Life With Your Values: Get Down to the Core - by Submitted on Mar 08, 2010 from Donna Marie Thompson“Integrity is not so much a value in itself; it is rather the value that guarantees all the other values. “ Anonymous Your core values govern the way you live and the way you respond to life. They govern the way you react to situations that present themselves. Your core values help to ...
Views: 5841(14 votes) - Rely on your Faith in Troubled Times: Reach Out for Help - by Submitted on Mar 08, 2010 from Donna Marie Thompson“When you have come to the edge...and are about to drop off into the darkness of the unknown, Faith is knowing...that there will be something solid to stand on -- or you will be taught how to fly.” Patrick Overton When life’s circumstances seem overwhelming, when life has got us down, we ...
Views: 3243(2 votes) - Your Joy is a Lot Closer Than You Think: Find Your Joy Now - by Submitted on Feb 23, 2010 from Donna Marie ThompsonYour Joy is a Lot Closer than You Think: Find Your Joy Now “Most folks are about as happy as they make up their minds to be.” Abraham Lincoln Sometimes it seems that there isn’t much within our control – but we can control what is playing in our heads. You have the power to experience ...
Views: 1559(2 votes)