Common Sense Business Solutions
Cash and flow pricing
Get your calculator warmed up. Business is a game of numbers. CASH FLOW AND PRICING – how to improve your bottom line with a few key strokes. Most...
The choice in getting your price
On February 2, 2013 the CBC aired an episode of Terry O’Reilly’s programme, Under the Influence. The theme of the programme was choice and about how...
Borrow money & turn around business
The bank manager just phoned and asked for full and immediate repayment of the line of credit because the latest, (and they were late!), financial statements...
Five keys to profitability: Part 5
Click here to read Part 1, 2, 3 and 4 of this 5 part series Exit Plan Create and work your plan to exit the business right from Day 1. This seems like an odd...
Five keys to profitability: Part 4
Click here to read Parts 1, 2 and 3 of this series Keep fixed costs low Every day we are asked to commit to a monthly low, low fee of “XY”...
Five keys to profitability: Part 3
Click here to read Part 1 and 2 of this series. Low Debt In 1991, Danny Devito touted “other people’s money” as the means to get rich. He...
Five keys to profitability: Part 2
Click here for Part 1: Attention to cash flow Value Pricing Most owners of small businesses decide their price by following the crowd (I’ll charge what...
Five keys to profitability: Part 1
A profitable business is a saleable business. A profitable business is easier to manage and to operate. Everyone loves to do business with probable businesses...
Push and pull marketing
With the acceleration of the internet as a major marketing tool many clients are looking at their marketing budgets and doing an evaluation of their marketing...
Baby boomers, business & Freedom 85
With the baby boomers reaching retirement age, a large number of companies will likely change hands in the coming years. Right now, 20% of small businesses are...
The bailiffs are coming!
How to save a business in crisis! We got a phone call from a manufacturing business on a Wednesday afternoon with the message - The bailiffs ARE COMING! By...
The most brilliant marketing strategy
Owning a business is a daily battle. Customers reduce everything to the most easily comparable factors – apples to apples – and dollars per unit....
Stubbornly operating a losing business
Are you STUBBORNLY OPERATING A LOSING BUSINESS? Head in the SAND??? Some entrepreneurs are very stubborn and like ostriches they stick their heads in the...
Avoid being crushed in today's markets
“How much?” is every customer’s question. A good answer from a knowledgeable salesperson will result in a sale. A bad answer typically means...
The death of the price is right
The most rapid industrialization the planet has ever seen is reaching maturity. For a couple of decades now North American business people have been terrorized...
Charge more, sell more
Business owners assume that their purpose is to set a price for a product rather than for the customer segment. But, identical products or services can be sold...
Dynamic driving: dynamic pricing
A couple of years ago I wrote an article on dynamic pricing based upon my own observations; an article I had read about beer pricing in Britain and some crystal...
The 3 keys to get your price
On February 2, 2013 the CBC aired an episode of Terry O’Reilly’s program, Under the Influence. The theme of the program was about choice and about...
What is a business turnaround?
In the corporate world, a turnaround specialist is brought in to restore the fortunes of a stumbling company. Typically, this solution means replacing entire...
Borrow money & build your business
Turn your business around with the right borrowing strategy!! The bank manager just phoned and asked for full and immediate repayment of the line of credit...