Labor Expense Will Eat Away At Profits – If You Don’t Watch It When I started really analyzing my labor costs several years ago, my goal was to come up with some sort of ratio that I could have staff … Continue reading Labor Expense Will Eat Away at Profits
From day one we talk about budgets: everything has a time budget (feeding, medicating, cleaning, activities, etc). We know how much time it takes (or we think we do!) to complete every task and then we do the math (based … Continue reading Importance of a Labor Budget
We have been advising all of our consulting clients to have their businesses valued. This provides a great benchmark for measuring the ultimate performance indicator of a business: what it is worth in the market at any given point in … Continue reading Importance of a Business Valuation
We’re steaming along toward the heart of summer, our busiest time of year. The phones are ringing and business is good, better than it has been in a long time. Occupancy is up and so is revenue. You’re feeling pretty … Continue reading Little Changes, Big Results
Are you tired of killing yourself and feeling as if you are never going to get ahead? You wanted your own business so you didn’t have to answer to anyone, but now you find yourself buried in day-to-day tasks. The … Continue reading Overwhelmed By Your Business? You’re Not Alone.
A wealthy friend of mine once told me “ if it flies or floats, rent it.” He was implying that the idea of owning something that’s use was as infrequent as an airplane or a yacht was much more tolerable … Continue reading Ownership: Mandatory or Overated?
It is very easy, in the pet care industry, to get caught up in the day to day happenings of our business. Every day is different and we are faced with new challenges. Being distracted or working “In” your business … Continue reading Work “ON” Your Business, Not “IN” it
Are you finding that you have a high demand for your services and you can’t always accommodate all the requests? If so you may also be looking at options such as building or buying a second location. Before you do that you might want to stop and look at a few things first. Have you really reached your full potential as far as generating revenues at your existing facility? By adding a second location you are also increasing your overhead costs, by focusing on your efficiencies and revenues where you are the increase goes right to the bottom line. A … Continue reading Is it Really Time to Considering Building or Purchasing a Second Location?
It’s that time of year when winter is saying goodbye and spring is just around the corner. Time for the annual “spring cleaning,” right? Hopefully this applies to your entire organization and not just the facility aspects of cleaning. Now … Continue reading Spring Cleaning