COVID-19 had quite the impact on businesses nationwide. With nearly 40% of the population vaccinated in the United States and many micro-economies returning to pre-COVID norms, we were curious about the biggest challenges Venture Capital (VC) and Private Equity (PE)...
Gross Domestic Product (GDP), what is it, why does it matter, and why should we pay attention to it? GDP is a measure of economic well-being. It measures the total market value of all U.S. domestic goods and services produced in a given period. It tells us...
If I were to ask your customers about the quality of your product or service, what would they tell me? Would they say, “yeah, ABC company is exceeding our expectations…excellent service too!”, or would they say, “well, I am glad you asked, because they could do much...
The only way companies will survive in the new world is by being able to quickly adapt to doing more with less. If your company cannot figure this out, it will perish. In a recent article published, over 1,300 CEOs and C-suite executives were interviewed asking...
“Why” is one of the most powerful words in your process improvement toolbox that will quickly help you realize cost savings. Some Important Insight Our last few articles highlighted ways to improve your profits by increasing sales and reducing costs through process...
When times are tough, the first place a company looks for improving profits is cost reduction. Without this focus, a company may go out of business. However, good fiscal management should not be practiced only during difficult times. It is important for a company to...
It does not matter if we are in a recession or an economic boom, improving sales should always be a top focus for companies. If you read our last article on 3 Ways to Improve Profits with Process Improvement, then you will recall your company’s profitability...
If you are like most of our clients, then you are probably asking yourself, “How can I improve profits for my company?” Here are three simple ways to improve profits: Process ImprovementIncrease SalesDecrease Costs Not to oversimplify the concept, but basically your...