This week the federal reserve raised interest rates again making them the highest they have been since 2008. The President just directed the US trade representative to level tariffs on about $50 billion worth of Chinese imports; this is in addition to the steel and aluminum tariffs recently imposed. If you use steel in manufacturing, the prices have already gone up.
Are you raising prices, too? >
Does your company have a culture committee? Before you swipe left, let me say that they are present in Fortune 500 companies, start-ups and everything in between. What are they and why would you have them? Let’s start with why people start them. >
Assume you want to have Net Income of 10%. And, you currently have Net Income of 7% What would you have to do to increase that profitability while maintaining the same sales volume?
Last week we talked about how to exit. In order to do that for the most cash, you need to show great profitability. Well how do you do that? >