Are there Riches in Niches?

Are there Riches in Niches?

In the beginning, we all take whatever business we can get. But after a while, you can start to identify who you like working with, the types of work you do, where you’re more profitable, your ideal customer, ideal division, ideal service… Many worry that if they niche, they will lose out on business because they won’t reach as many people. But actually it’s often just the opposite. When you take the time to niche, you’ll find that it simplifies your business and increases your profitability. Here’s why:

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5 Ways to Lower Overhead Costs

5 Ways to Lower Overhead Costs

Many focus on saving time out in the field – watching hours spent on jobs, looking for ways to improve productivity. But how often do you look at saving time in the office? The profit from your jobs needs to cover your overhead and still leave you with a profit. So it’s a good idea to review what gets done and see if there is a more efficient way to get the work done. Here are 5 ways that can help lower your overhead costs.

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Have You Been Hacked? How to Minimize Your Risk

Have You Been Hacked?  How to Minimize Your Risk

Just about every day, we read in the news that another company has been hacked – including the big companies, like Home Depot and others. Perhaps you might have had your own social media account, email, website, network, or computer hacked. I know some who were victims of a ransomware virus. Worse, many of you have been hacked but don’t even know it. So how can you minimize the damage and risk of hackers? Here are several tips, some familiar, some not so familiar.

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Protecting Your Business from Fraud

Protecting Your Business from Fraud

How safe is your business from fraud? While many worry about someone hacking into their systems, you’re more likely to experience embezzlement by a trusted employee. About 28% of small businesses have this unfortunate experience. So here are some checks and balances you can put into place both in procedures and in QuickBooks to limit opportunity for theft or discourage most employees from even trying.

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Are You Prepared if Disaster Hits Your Business?

Are You Prepared if Disaster Hits Your Business?

Between storms and malware, many are learning the importance of backups and access. Hopefully, you’re already making backups of your data on a regular basis. It’s simple to set up data backups automatically and then forget about them until you need them. But have you ever looked around to see if there are any gaps in your backup strategy? Here are seven places to look to make sure all your business data is backed up safely.

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Insights into Your Business

Insights into Your Business

There are lots of ways to stay on top of your business when it comes to reports and metrics. Personally, I have reports and tasks on my toolbar so they’re one click away and I’m frequently in the Company Snapshot because I can easily see so much in one screen. But I find there are charts and graphs and metrics not in the Snapshot and many are unaware they even exist! So today I’d like to share a few.

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