The Prosperity Experience for Business

/Tag: The Prosperity Experience for Business

To Niche or Not Niche

By |2018-11-30T21:12:47+00:00November 26th, 2018|Categories: Business Wise|Tags: , , , , |

You’ve heard it a million times. You hear the word niche and think “Oh that sounds great, but I can’t simply choose only one because I love working with all of my clients.” Then you brush it off and never think about it again. It is typically our emotions that prevent us from actually looking at [...]

Ask Mackey Episode 10 | 2018

By |2018-10-09T21:00:32+00:00October 9th, 2018|Categories: Business Wise|Tags: , , , , , |

Here at Mackey Advisors we have a “4 ways to grow your business” tool.  In a recent client coaching session, while using this tool, we arrived at 52 different strategies to grow the business.  After considering the complexity and time to market, we determined there are 3 strategies that could be implemented immediately.  Just those 3 are on [...]

The 4 Ways To Grow Your Business

By |2018-09-21T17:52:26+00:00October 4th, 2018|Categories: Business Wise|Tags: , , , , , |

Here at Mackey Advisors we have a “4 ways to grow your business” tool.  In a recent client coaching session, while using this tool, we arrived at 52 different strategies to grow the business.  After considering the complexity and time to market, we determined there are 3 strategies that could be implemented immediately.  Just those 3 [...]

Revenue Rate of Growth

By |2018-09-25T17:07:51+00:00September 25th, 2018|Categories: Business Wise|Tags: , , , , , |

One of the questions we often hear from our business clients is, what did my revenue do this month? While this is a standard question, it is not always the best question to ask and not how we typically analyze the results of the business. There are many factors that can impact revenue on a month [...]

Ask Mackey Episode 9 | 2018

By |2018-09-28T18:08:18+00:00September 12th, 2018|Categories: Business Wise|Tags: , , , , , |

Most business owners are lousy at finance.  The brutal fact is finance isn’t your first love.  You just want it to work and not scare the heck out of you.  The good news is, you are in good company. Finance brings up a range of emotions, from fear to frustration and everything in between.  Because money-centric [...]

8 Steps to a Stronger Financial Foundation

By |2018-09-28T17:48:33+00:00September 5th, 2018|Categories: Business Wise|Tags: , , , , , |

Most business owners are lousy at finance.  The brutal fact is finance isn’t your first love.  You just want it to work and not scare the heck out of you.  The good news is, you are in good company. Finance brings up a range of emotions, from fear to frustration and everything in between.  Because money-centric [...]

Stop the Distractions!

By |2018-08-31T13:55:30+00:00August 28th, 2018|Categories: Business Wise|Tags: , , , , |

Distractions are everywhere. Plain and simple. Everyone has them. Whether it be issues in our personal lives, constantly reading through the barrage of emails, hiring and on-boarding that new hire or finding the perfect office space. We like to think that these distractions are minimal, but often, they are much more than we ever anticipated. Distractions [...]

Benefits of Proper Inventory Management

By |2018-07-25T20:35:19+00:00July 25th, 2018|Categories: Business Wise|Tags: , , , , |

For some businesses, inventory can be one of their largest assets and/or their largest expense.  Poor inventory management can make or break a bottom line.  Below are some benefits of proper inventory management: Improves cash flow: Purchasing inventory decreases cash.  When inventory sits on the shelf too long it is basically cash not working for you.  [...]

Don’t Shoot the Messenger, Two Tales of Financial Sorrow

By |2018-07-05T18:15:56+00:00July 5th, 2018|Categories: Business Wise|Tags: , , , , , |

“When you argue with reality, you lose, but only 100% of the time.” – Byron Katie Optimism and financial data are both double edge swords.  Too much of either is a slippery slope. Excessive focus on optimistic predictions can lead to poor decisions and, as a result, financial challenge.  Excessive analysis of financial data can lead [...]

The Wonderful World of Sales Commissions

By |2018-06-27T12:06:13+00:00June 26th, 2018|Categories: Business Wise|Tags: , , , , , |

Congratulations, you have done it!!! Your business is taking off, and the demands on your time have taken you to the point where you no longer have the capacity to manage all aspects of your business, specifically adding top line revenue growth at a meaningful rate. To take your organization to the next level, you know [...]