Tuesday, April 14, 2009

How to Fix Small Business Profit Leaks

By Don Osborne

Ever have a bucket you've filled to the top gradually sink to a lower level? As far as you knew, there were no holes in your bucket. Small business profit can suffer the same fate. Here are three things you can do to fix your leaks.

Check the Water Source

Some water simply evaporates or dries up. Those water sources are not capable of producing a consistent, long-term result. It's not the bucket that's causing the leak. To avoid short-term or evaporating profits fill your bucket with proven money making ideas. You may way to add your own twist to an idea, but don't alter the core principles of the idea.

Use the Right Bucket

Some buckets or steps you'll use to make are not suited to the job or are poorly constructed. The plan you develop should be capable of consistently producing results over a long period of time. You want to make sure your bucket can handle the weight or volume of water you've poured into it. Even the smallest of holes can leak water over time. The same is true of a poorly constructed profit plan.

Perform Regular Maintenance

There can be outside conditions causing your bucket to leak. That's to be expected. Inspect your bucket on a regular basis. Check the source of water to make sure it's still safe. Inspect the bucket for leaks or damage. To maintain consistent, long-term profit you must track your numbers and make adjustments. Also, make sure all of your buckets are in sync with each other. You don't want one bucket to accidentally damage another one.

Profit like water can be of great benefit. But you must make sure it's source it pure, the bucket is the right type and perform regular maintenance. If you do, you'll won't spent all your time fixing leaky buckets or having your small business profit simply evaporate or dry up.

Are you a small business owner frustrated by a lack of profit, not sure where to start or what to do? Learn how to take these 3 Easy Steps to know where to start, what to do and have more profit. Website: http://www.profitpuzzle.com

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