By: Ruth King These activities focus on billable hours or revenue producing hours. Customers write your paychecks. Your team members who produce your products and services are billable, i.e. revenue producing. Here are profitability ideas for increasing billable hours. #1 – Know your productivity ratio You must know where you are starting before…
Tag: Ruth King
How to Reconcile P&L and Balance Sheet Cash Issues
By Ruth King. I received this question from a client: Lets say you have a loan you are repaying. $10,000 total – $9,000 to principal and $1,000 to interest. The only thing that shows on your P&L is the interest. The principal is reduced on the balance sheet. But if you managing the…
The Big Difference Between Profit and Wealth
FROM THE PRICE OF BUSINESS, Media Partner of This Website Recently Kevin Price, Host of the Price of Business show and editor on this website, interviewed Ruth King, who is known as the “Profitability Master” at her company, Profitability Revolution. That company specializes in helping make sure small business stay on a profitable course through important educational…