Get Your Company FIT & Your Bottom Line FAT

Issue #10 - May 2005     

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Profit Mastery Workshops for Jewelers




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?

What's 2% worth?
by Carl Forssen, SVP, Business Resource Services

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

   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

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.

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…

"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. 

Pharmacy Owners
Calendar of Events
Other Business Owners
Seminar Schedule
Calendar of Events

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