Friday, December 7, 2012

Streetwise Business Tips:

200 Ways to Get Ahead in Business, Most of Which I Learned the Hard Way. By Bob Adams.

I found this little jewel of a book at the Tuscaloosa Public Library book sale.  It has some great advice in it.  Composed of short, one-page anecdotal advice snippets.  For example on pg. 10 he explains that the easiest way to profits is to cut costs.  He states that if your profit margin is 5% and you are able to cut 5% in expenses then you have doubled your profit margin.  On the other hand, if you want to double your profit margin to 10% w/o cutting costs then you would have to increase sales by 100%...a much tougher thing to do!!!

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