Speaker, author, business owner and entrepreneur John Mautner is the founder and senior partner of Advanced Profit Technologies and the Cycle of SuccessInstitute (http://www.advancedprofit.net). He can be reached at (312) 371-7929.
Adapting your business in order to solve problems is a vital part of becoming (and remaining) successful. Every business has problems, and the best businesses are constantly in a problem-solving mode. But how should problems be solved?
A mind is a lot like a parachute-it only works if it opens. If you really want to increase profitability and cash flow in your business, then you must welcome change.
Ever heard the saying, "A penny saved is a penny earned?" While that might be true in your personal finances, a penny saved in business can be like earning 20 pennies.
Every company has profit leaks-areas where inefficiencies are draining cash and profit from the business. The challenge facing business owners and upper management is how to identify and fix those leaks.