A recent study revealed in the last week by Wells Fargo Small Business Administration, shows that nearly half of small businesses are completely putting off large purchases for fear of money problems. The effect is felt widespread across the industry, like an earthquake. And SMALL BUSINESSES are getting hurt, they can't stay competitive, and they certainly can't gain an edge in their marketplace.
Sure, Equipment Leasing can help them - it is designed to keep cash-flow liquid. But, there may be other genius solutions sitting under their noses as well.
That's why many recommend a mid-year business check up, so to speak. Call in a professional business analyst, explain your situation, turn over your balance sheets and P&L's - and see what remedies they have in mind. More often than not some small tweaks, can make some big differences to your bottom line.
How to find a trustworthy business professional to make a "house call" at your business? Try looking through a peer-based professional referral site; like www.guru.com ... Guru.com is almost like an "Angie's List" of the business world. Instead of rating contractors and the like, they rate business consultants, accountants, analysts etc. I have found many incredible professionals using this web site, and have used it as a secret weapon in building my team.
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2 comments:
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