Tag: Ruth King
Are You Making These Balance Sheet Mistakes?
Reading Time: 4 minutesBy: Ruth King Pull out your latest balance sheet. Do you have negative assets (with the exception of accumulated depreciation)? Do you have negative liabilities? Then, your financial statements […]
A Dumb Discounting Mistake
Reading Time: 2 minutesBy: Ruth King A business owner noticed that sales were lower than expected. He decided to have a sale to increase customer purchases. His plan was to send out […]
The Difference Between Sales and Revenue – Is Your Company Really Profitable?
Reading Time: 3 minutesBy: Ruth King The two terms are different but unfortunately are used interchangeably. If you report sales instead of revenue on your profit and loss statement, it might be […]
How To Lose a $28,000 Contract by Doing Stupid Things That Can Easily Be Avoided
Reading Time: 2 minutesBy: Ruth King Business owner sells a $28,000 contract to a customer. The owner’s employees are supposed to perform the work as described in the plan. It is renewal […]
Three Customer Lessons for 2022
Reading Time: 2 minutesBy: Ruth King The companies who thrived in 2021 did three things: They paid close attention to their customers….even when they didn’t want to sell them something. They […]
I Never Thought This Would Happen to Me
Reading Time: 2 minutesBy: Ruth King This statement was told to me by a business owner who discovered that his bookkeeper was embezzling. He was shocked when he found out. The […]
“What Can I Do to Keep From Becoming Complacent?”
Reading Time: 2 minutesBy: Ruth King This question stumped me. It was asked by one of my clients who is doing really well. His business is stable and growing profitably. Perhaps the […]
3 Ways That you Might Not have Thought About to Increase Your Profits
Reading Time: 3 minutesBy: Ruth King Here are three ways to increase your profits. #1 – Stop pricing using percentages. You cannot take a percentage to the bank! Imagine going to a […]
Don’t Let the Grinch or “The Elf on the Shelf” Steal Your Holiday Season
Reading Time: 2 minutesBy: Ruth King Traditionally at this time of year I write about planning – and how simple it can be. No one envisioned what happened to the world this […]
Do You Have an ELF Business or a HALF Business?
Reading Time: 2 minutesBy Ruth King A few years ago, Darren Hardy, the former publisher or Success Magazine interviewed Joe Polish. Joe turned around his carpet cleaning business and started teaching others […]
Price of Business Contributor Doing Free Webinar Financial Series on Ronan, the Rubber Duck
Reading Time: < 1 minuteFrom Ruth King. Learn more at www.RuthKing.info. “YOU CAN’T” That’s what my daughter said to me when I told her that I wanted to make the financial side of business […]
Beware of Your Banker – He is NOT Your Friend
Reading Time: 2 minutesINTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE. Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Ruth King. Beware of Your […]