Cost of Goods Sold vs. Operating Expenses

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While the COGS (cost of goods sold) and OE (operating expenses) are both expenses; but they are different. If you had no sales, you would basically have no COGS. COGS is an expense that is incurred because a sale takes place. For example in a pizza shop, the dough and toppings (sauce, cheese, pepperoni, etc.) […]

The Power of Tag Lines in Marketing

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Tag lines are a few words that make a make a BIG difference in your marketing success. Consider these two tag lines Save Money – Live Better (Wal-Mart) Expect More – Pay Less (Target) Elements of a Good Tag Line include: Customer Needs – Make the most of your home(California Closet) Positioning – Delivering the […]

Often Overlooked Tax Deductions

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Are you taking all of the business expense deductions you are entitled to? Many business do not take full advantage of the following: Personal assets used in your businessAssets purchased prior to starting the business, but now used in the business should be transferred and depreciated at their current fair market value. Newspapers and magazinesDo […]

Profit Mastery

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How would you like to improve profits and cash flow? Profit Master is a 16 hour comprehensive financial seminar designed around Creating Value and Building Wealth.  It provides business owners, key managers, and those who advise them with the information and tools to move from Profit Mystery to Profit Mastery. This practical, “hands on” seminar […]