Posts Tagged‘money’

Pricing Based on a Customer’s Value and Cost

Getting more and more customers isn’t the solution to bottom line woes. It’s all about getting the right customers. Do you know which ones are making you money, and which are costing you money? Determining the profitability of each of your buyers is essential for a healthy bottom line. It means looking at a range of company tasks and the overhead expended to handle each customer. Here is a closer look at cost-to-spend, how to determine it and the benefits it provides. It’s All About Cost-to-Serve Cost-to-Serve means calculating how much it really costs your company to get your product…

Tips on Where You Can Grow Your Wealth 

For any retirees out there who have found themselves in a position where they are cash rich after finishing work, you are not alone. This was the exact position that I found myself in 3 years ago and having paid my mortgage, put my kids through college and taken as many vacations as I could muster, I found myself with little to spend my money on. After a chance meeting with an old work friend who told me about investing, I decided that I would dedicate my time and my money to growing my wealth. Truth be told I wanted…

Can Investing In Customer Service Benefit Your Bottom Line?

Yes – investing in customer service is proven to benefit your bottom line. Remember that the service customers receive go beyond the point of purchase. Not only does integrated customer service encourage customer satisfaction and improve the perception of a brand, it increases motivation of your employees. Your customer service team is the main point of contact for customers. Whether it’s in house, by telephone or on the shop floor, no matter what the level of service you provide to a customer, it is still a form of customer service. From helping a customer find a product in your store…

How to look after your finances

While we tend to make excuses when it comes to the way that we take care of our financial matters, the fact remains that we are all capable of looking after your money better. All it takes is simply being able to do the research and apply the knowledge you acquire in a way that is best suited to your lifestyle. While there is always the possibility of applying for additional cash from a short term loan lender or using your credit card to fall back on in times of need, it is best for us all to learn how…

Examples of Tax Deductible Charitable Donations

One of the ways the government is encouraging people to donate to charity, is by making their donations tax deductible. However, it is not as easy as you being able to deduct whatever you donated, regardless of whether that was property, cash, or services. There are some traps to be aware of, as the Welfont Group has explained. Services Donation If you donate your services, then you cannot deduct any compensation for your time from your taxes. You can, however, deduct expenses if they have not been reimbursed from the charity. This includes things like driving costs, accommodation if needed,…

Larry Polhill – Things to Consider Before Buying a Business

For some people, the thrill of starting their own business and of making something from nothing makes all of the sacrifices of time, energy and money well worth it.  However, other people like Larry Polhill prefer to acquire businesses that are already established with proven revenue streams and existing customers.  If you are considering the purchase of an existing business, here are some things to keep in mind. Contracts and Agreements There is no question that it is a good thing to have contracts or sales orders in place as you take over – this can take some of the…

How to play responsibly online

Before you delve into the world of online gaming, it’s important to take a moment to consider how to do so responsibly. Everyone loves the thrill of securing a win, but it’s imperative to remember that you can lose just as often. We always recommend seeking your thrills in playing the game rather than the outcomes, so today we offer some handy tips on how to play responsibly online. Fear not, you’ll be enjoying yourself on great sites like Caesars Casino in no time at all… 1 – Play with limits Before you start playing, you need to set your…