Can success in business be credited to only one person in a corporation? Or does everybody in a corporation hold a place of importance to the corporate success?
I beg to differ. Many, certainly might get their CDL license and then jump behind the wheel of the big truck but they will never turn into a professional truck driver. Because they will be on the road embarrassed they will maybe not have the capacity to turn it in-to a fruitful career.
But the thing that they understood, right from the beginning, was that if you are in any sort of business, it is, first and foremost, the Marketing Business.
What good can hospital administrative decisions make without marketing promotions? What is the importance of a marketer if there is nothing to promote?
Before you buy a business have their books checked by a qualified tax with experience in the type of business you are buying. You must be sure of what the earnings are because that is what you are paying for. Nothing else is more important. Be wary of being told that there is untaxed income from the business that the seller is hiding from the government. If you count on that to pay off your notes and it is not there you will go broke.
It’s best to get started on this now rather than later. You’ll find it will be more difficult if you procrastinate and continue to put it off day after day. The longer you wait the more difficult it will be to get caught up. You’ll also run the risk of not having all of your information needed.
The New Year is a great time to raise your prices. Examine your sales and expenses to determine if prices need to be raised and by how much. Notifying clients about a price increase is your decision.