maximize profits Archives - American Management Services, Inc

What Makes Your Business So Darn Special?!

Every business owner thinks his or her business is unique. Be realistic, what is so unique about your widget? It’s not about your product, it’s about you, your culture, and your relationships. Your business isn’t special, if I may be so frank. There’s probably a handful of other businesses that offer the very same thing

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Business Planning For 2018, And How To Cash In On The New Year

Last week on Forbes, I discussed the importance of preparing your year-end, 2017 tax strategy, and as 2018 looms ever-closer, I thought this week we’d continue the conversation by focusing on your overall business strategy for the new year. Whenever the fiscal year of your business ends, whether that be December 31, or January 30, you

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We Need To Talk About Your Taxes

Like most other business owners, you are probably preparing for the year-end right now, or at least starting to think about it. With the end of 2017 quickly approaching, I think it’s time for us to talk about the one thing that makes most owners uncomfortable; planning and paying your taxes. Most privately held businesses

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Safe Relationship Building With Big Box Stores

Years ago, I was working with a distributor who, after years of hard work, had finally aligned their business with a big box store. This move was supposed to represent the next evolution of their business, bringing with it enormous gains and profits, but three years later they were on the verge of losing their

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Protecting Your Business With Systems Over People

Apple, Inc. was started by two friends in a garage in 1976, and has since grown into one of the largest companies in the world. Despite having a turbulent past, and losing its CEO at a pivotal time in its history, the company has adapted and grown to not only pioneer new markets, but also

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Location, Location, Location…And More Business Wisdom For Restaurant Owners

In my Forbes article, “Four Key Areas To Improving Your Restaurant,” I discussed the necessities of portion-control, reducing food costs, training staff, and proper employee scheduling as essential areas of focus, when running a successful restaurant business. As independent restaurants continue to struggle for success and making a mark in their local communities, I thought

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How Business Owners Can Maximize Profits, By Investing In Personnel

Last week on Forbes, I wrote “Why Business Owners Should Never Let Ego Stand In The Way Of Profits,” which focused on the importance of business owners not losing sight of what’s best for their business, by letting their own self-interest get in the way. This week, I’m focusing on another obstacle to achieving maximized

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Divco Custom Homes

I would like to commend the assistance provided by your organization to Divco Custom Homes, Divco Construction Corporation over the course of the last few months and particularly the work done by your senior consultant, Tom Troyan, and the group leader, David Corso. Our company has become focused on performance with the assistance of American

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