Money Strategies

In this episode of On A Roll, Mike Michalowicz explains why businesses need to analyze their costs once a quarter. Big savings could ensue!

They say fixed costs are things that can't go away. Buildings, machinery, alimony (that last one is a joke, people). They lie. Fixed costs don't really exist. For example, if...

When does your company pay bills? When you have the cash? When your bookkeeper gets around to it? When you get a collections notice? Paying sporadically prevents you from ever...

Mistakes? Not me. All right, all right. I’ve made a few. More importantly, I’ve seen it all. And in my experience, if you can avoid these whoppers, your success is...

Prospects and customers see price as a reflection of value. Ironically, lowering your prices may in fact scare customers away, because they believe you are low quality. Increasing prices on...

Work On Your Business Michael Gerber, author of The E-myth Revisited (a must, must, must read for every entrepreneur ever - but I digress), taught us the key to business...

Not All Revenue Is The Same Every dollar your company makes isn't the same.  Sometimes the dollar you earn cost you seventy five cents to make.  Other times it costs...

I don't know if you have ever lost a parking garage ticket, but let me tell you: it sucks! First of all, if there are parking attendants, they will struggle...

What if BMW radically changed their pricing model?  Imagine if BMW dropped the price of the car.  Significantly. Same car, same service, same experience, just one difference: They price the...

You started your business to give you more freedom and way more money, but that’s not exactly what’s happening is it? If you’re like most entrepreneurs—you’re actually weighed down with...