3 Simple Ways To Improve Customer Retention

Learn how to improve your customer retention rates for your business.

For a small business, it can be difficult acquiring a new customer, let alone maintaining your current customer base.  Often times, we focus so much on bringing in new business that we forget about making sure that the clients we currently have are happy. Customer loyalty is the real key to increasing sales, and ultimately, improving the revenue and profits of your business.  The professionals at PL Consulting specialize in customer retention and growth.  Luckily, there are a few simple ways to retain customers at your business. Continue reading “3 Simple Ways To Improve Customer Retention”

How To Boost Cash Flow For Your Small Business

Learn how to improve the cash flow of your business.

Several elements need to come together to keep a small business running.  One of the most important aspects is cash flow, which is the total amount of money, physical or virtual, transferred in and out of a business.  Having cash flow consistently into your business keeps your employees paid and the lights on.  You need to learn how to convert sales into cash consistently and quickly so that you can build a safety net for the future.  Luckily, there are a few simple tips to boosting cash flow for your small business. Continue reading “How To Boost Cash Flow For Your Small Business”

3 Tips To Improving Your Accounts Payable Process

Learn how to improve your accounts payable process.

As a small business, you need to purchase supplies and items to maintain daily operations.  Many times when you purchase an item from a vendor or supplier, they send an invoice, which is a part of your accounts payable process.  The accounts payable process refers to a set of practices and policies set by a company to manage its vendor purchases.  If you do not manage your invoices well, it can result in late payments, damaged relationships, and poor cash flow.  Luckily, there are few simple tips to improving your accounts payable process. Continue reading “3 Tips To Improving Your Accounts Payable Process”

Do You Want To Improve Your Payroll Process?

Learn how to make your payroll system be more efficient.

One of the most important tasks of any business is to pay their employees on a consistent and timely basis.  However, if you are a small business just starting out, that might be easier said than done.  Having an efficient payroll management system involves patience and having an extensive knowledge of state and federal tax requirements.  Luckily, there are a few simple tips to improving your payroll process so that your employees can get paid consistently and accurately. Continue reading “Do You Want To Improve Your Payroll Process?”

3 Simple Ways To Enhance Your Retirement Savings

Learn the best ways to plan for your retirement.

You have been running your small business for a few years, and it is becoming more and more profitable.  You are excited about your recent success, and you want to develop ways to expand on this success.  However, it is important to think about your financial health as well.  You want to ensure that you are well off once you are ready to sell or leave your business when you hit retirement age.  Luckily, there are a few simple tips to follow when it comes to retirement planning. Continue reading “3 Simple Ways To Enhance Your Retirement Savings”