Capital/Finances – Page 2 – Slark Consulting Group

The Art of Announcing Price Increases: A Guide for Business Owners

Capital/Finances, Charts and Trends, Customer Service, Sales & Service / By Rick Slark

Announcing price increases to customers is never easy. It can be an uncomfortable experience for businesses, leaving customers uncertain about the future of the products or services they rely on. However, there are several steps companies can take to make the process smoother and help maintain their customers’ trust and loyalty. First and foremost, being …

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The RoadMap For Scaling Your Business

Business Development, Capital/Finances, Charts and Trends, Customer Service, Professional Development, Speaker Series, Speaking and Workshops, Strategy / By Rick Slark

Get ready to take your business from good to great! I’m thrilled to invite you to my latest workshop, that’s jam-packed with ten actionable insights and strategies. This workshop is your chance to level up your business and achieve your goals. Don’t miss out on this exciting opportunity to learn and grow. Register today to …

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5 Benefits of Strategic Business Ownership for Increased Profitability

Business Development, Capital/Finances, Charts and Trends, Customer Service, Sales & Service, Strategy / By Rick Slark

As a business owner, having a good product or service is not enough. To succeed in today’s competitive market, you must be a strategic thinker, constantly looking for ways to improve your business, stay ahead of the competition, and meet the ever-changing needs of your customers. Let’s examine five benefits of being a strategic business …

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Ohio Restaurants Report Positive Sales in January Poll But Remain Cautious

Business Development, Capital/Finances, Charts and Trends, Customer Service, Holiday's, Sales & Service, Uncategorized / By Rick Slark

The Ohio Restaurant Association recently conducted a poll to gauge the effects of the current economy on Ohio’s restaurants. The results showed that most operators experienced an increase in sales during December 2022, attributed to holiday events, parties, and large groups. Despite this increase, the cost of labor and supplies continues to rise for most …

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2022 NEW BUSINESS FILINGS: SECOND HIGHEST IN OHIO HISTORY

Business Development, Capital/Finances, Charts and Trends, Start-Up, Uncategorized / By Rick Slark

Ohio Secretary of State Frank LaRose announced 179,636 new business filings in 2022, down 18,374 from the all-time record-setting year in 2021 and the second highest in state history. However, December 2022 saw 13,012 new business filings, 496 more than December 2021. With small business optimism reaching its 12th consecutive month below the 49-year average, …

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Two Roads to Profitability

Business Development, Capital/Finances, GrowthWheel, Uncategorized, Video / By Rick Slark

In 1985 the band R.E.M. released “Can’t Get There from Here,” their first single from the Fables of the Reconstruction album peaking at number ten on the Billboard chart. In the following video, I share the two roads your business can use to arrive at profitability.

4 Reasons Your Business Needs a Business Plan

Business Development, Capital/Finances, Start-Up, Strategy, Uncategorized / By Rick Slark

Our mission is to help small business reach their maximum potential, and one tool we use to do that is business planning. Here are four reasons you need a business plan. A business plan directs you toward your ultimate goals. Think of it like a GPS for your business. The process illuminates blind spots. Through …

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How Important is Personal Credit When Looking for Business Financing?

Business Development, Capital/Finances / By Rick Slark

This important article is a repost from Mathew Gillman, Founder of SMB Compass. August 9, 2022 By: Matthew Gillman, SMB Compass Founder You’ve probably heard time and time again that lenders will look at your personal credit profile before approving your business loan application. That is because your credit reflects how diligent you are in paying …

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