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2006
Profit Mastery Workshops for Jewelers
Newsletter
Archives
Business
Resource
Services
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| In
This Issue... |
Article:
What's 2% worth?
Coach's
Corner:
So you say you're
not a numbers person?
Tip of the Month:
Have you scheduled your vacation?
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What's
2% worth?
by Carl
Forssen, SVP, Business Resource Services
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 Let's say you just received an invoice from one of your suppliers. Along with
the details and pricing of your purchase, you note that 2%10/N30
is written in the payment terms box.
Most
of us know that 2%10/N30 is a common discount provided by many suppliers, and
that it basically means if you pay within 10 days, you can take 2% off the
top of the invoice total. However, if you don't pay within 10 days, the net
amount (100%) of the invoice is due within 30 days.
You
think to yourself: "A 2% discount? That's
chump change!" continued
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So you say you're not a
numbers person?
I can't tell you how many times I've heard a
glum participant tell me on the first day of one
of our Profit Mastery workshops: "I'm not
really looking forward to this. I've never been
a numbers person." Or, "I'm only here
because my partner/wife/husband/brother made me
come." continued
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 Tip of
the Month
It's May, it's May, the lusty month of May. Key question: Is your summer vacation scheduled yet? Do you have your staff's vacation schedules blocked out yet? It's not just a logistical question, either. Everyone absolutely needs down time to recharge their spiritual and mental batteries and there's nothing like enjoying the joys of nature on a summer's day to make that happen. One week should be the minimum, two even better. Your business, your health, and your family will all benefit.
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Profit
Mastery Performance Groups for
Pharmacy Owners and
Jewelers
There's still room in our 2006 Profit Mastery Workshops and Plus Day series
for Jewelers. Check out the calendar for dates and locations. These will be
the only dates available this year, so don't miss out!
Proven
to improve your bottom line, BRS Profit Mastery Groups
work! Our members are taking their businesses to a new
level. Get peer support, focused meetings, and
help in making and keeping goals. Find out if you're
ready by taking our Profit Mastery assessment
right now…
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 "It
was fun and interesting. I never knew numbers could be
this fun."
Ray Bleser, Northeastern Fine Jewelry.
Profit Mastery
Workshops
for
Business Owners
Over 97% of the people who attend our workshops say they've
substantially increased their understanding of the health, strengths and
weaknesses of their companies. Change the way you manage your
business, increase your cash flow, and find profits you never knew
existed.
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Pharmacy
Owners
Calendar
of Events
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Other
Business Owners
Seminar Schedule
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Jewelers
Calendar of Events
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 FIT
Software Like having a trusted
financial advisor at your fingertips – 24x7.
Let FIT do the "what-if" so you won't do
the "if only." Get your fully functional
evaluation version here.
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Take
the guesswork out of pricing your products.
With this Profit Finder
wheel, you select a target profit margin and it
automatically helps you find the right price every
time. $10 purchase
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Road Map to
Success -
Great Management Tool!
We've taken our Road Map, enlarged (22x28) and
laminated it so you can write on it over and over again.
At only $26.95, it's a great investment.
More
Info | Purchase
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Feel
free to forward this newsletter to your colleagues.
© 2006
Business Resource Services
Business
Resource Services respects your privacy and does not give out or
sell
our subscribers' names and/or email addresses.
ISSN 1553-0558
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