There is no Perfect Age to Begin to Volunteer
It’s true, both young people and older are likely to participate in social volunteering. There is no perfect age to begin to volunteer. But many potential volunteers aren’t sure how to get involved. This is […] Read more
The 80/20 Rule. This rule was developed back in the 1880s by an Italian/French man and it applies today. What are some examples of the 80/20 principle?
· 80% of your revenue comes from 20% of your customers
· 80% of your revenue comes from 20% of […] Read more
How Often Do You Need A Business Valuation
A certified valuation service can take the pressure and worry from learning formulas and valuation models. They return comprehensive reports with specific values for all forms of warrants within your company.
It is recommended that a business valuation […] Read more
Volunteering – Giving Back and Why it Matters
Connecting with the right volunteer opportunities shouldn’t be a hard decision. Any time that you reach out and begin to make a difference in someone else’s life – that is a step in the right direction.
Marilyn Price […] Read more
(NYSE:IBM) Valuation Review & Update – EBITDA Yield & Profitability
The EBITDA Yield is a great way to determine a company’s profitability.
International Business Machines Corporation (NYSE:IBM) has an ERP5 rank of 3981. The ERP5 Rank is an investment tool that analysts use to discover undervalued […] Read more
Many companies who are looking to sell their company are constantly looking for small business valuation ideas. Let’s face it, selling a company can be difficult especially when you are attempting to come up with a sales price that is fair for both parties. If you are […] Read more
The objective of this blog is to point out key activities and methods that will provide the company with quality employees, decreased turnover, increased performance, and productivity.
I. Hiring Quality People that will remain with the company
The person’s performance quality and the retention are […] Read more
Productivity Pyramid & Valuation Principles are key concepts to know & understand
Dale S. Richards
Author at Author – Book – Valuation Principles – How to Increase Value
A few Valuation Basics:
Maybe you are new to the business world or never needed a financial […] Read more
Productivity Pyramid TM is a jewel for performance-productivity improvement. PRODUCTIVITY PYRAMID TM: DEALS WITH GOALS – COACHING- ACCOUNTABILITY – REWARDS. A great way to break down company goals into departmental goals, rolling up to direct reports.
What are typical company goals? Almost all companies will say:
Increase […] Read more
A methodical strategic development of a proactive customer service can yield large revenue growth from your existing customer base. The “80/20 Customer Gold Program TM” works. I have used it many times to increase revenue performance by 110% to 300%.
The way to differentiate from your competitors […] Read more
Volunteering – Stepping Outside your Comfort Zone
There is something that is self satisfying about volunteering. It makes you feel good inside. Giving back to a cause that allows one to experience the process of giving “hands on”, it’s rewarding in itself.
What you gain […] Read more
I have experienced productivity improvements of 20% to 200%!!! with the Productivity PyramidTM methodology. There are four Productivity Indexes that can track the productivity of your company. They include:
Revenue/Full Time Employee (REV/FTE)
Gross Margin (GM/FTE)
Contribution Margin (CM/FTE)
Net […] Read more
Net Profit: History – Repeatability vs. Up/Down
This may seem obvious but is often misunderstood. If you reduce a business expenses by one dollar, how much net income will increase? (ONE DOLLAR)
If your marketing department comes to the executive team with a program […] Read more
The rule of thumb is if you lose an A performer, it takes you 3 years of salary to get them back. Having goals, accountability, and rewards for your team ensures that you keep your A performers because it’s a huge expense to […] Read more
Management Team: Tribal Knowledge vs. Systems
They are important as long as we go to the next step which is Scalable. Scalable means you can take your system and it can be duplicated in other cities or other areas. You’ve got a system […] Read more
Productivity PyramidTM- Goals – Coaching- Accountability – Rewards
This blog is a continuation of How to increase your business value with strategic concepts: Productivity PyramidTM .- Goals – Coaching- Accountability – Rewards
What are typical company goals? Almost all companies will say
1 Increase Revenue
2 and Increase Net […] Read more
Strategic –Proactive vs. Reactive Customer Service 80-20 Gold Program
What is a reactive customer service program like? Typically it consists of a department that waits for a customer to call, then action is taken to solve an issue or problem.
How much […] Read more
Employee Performance-Productivity Monthly Coaching
What are some typical Company Goals? One hundred percent of companies have a revenue goal. Most have a net income goal that is usually only known by upper management. But what other company activities should be company goals?
• Customer Retention
• Specific […] Read more