by Peter McCarroll | Jul 3, 2024 | Uncategorized
Banks love to get businesses to use Overdrafts and Lines of Credit. Short of credit card lending, this is very lucrative for banks, but it traps business owners into easy debt that is hard to get out of. One of the commitments that you made when you started with...
by Peter McCarroll | Jul 1, 2024 | Uncategorized
What are you doing during the “Summer Slump?” For businesses in the hospitality, construction or painting industries it is the busiest time of year, but for many others it is quiet. If you’re in that second category – don’t squander that time (please note:...
by Peter McCarroll | Jun 24, 2024 | Uncategorized
Janet Yellin, our US Treasury Secretary, has once again delayed lowering interest rates. And with good reason. Inflation is still too high. And as I’m sure you know, lowering interest rates has an inflationary effect on the economy. The biggest problem I see is that...
by Peter McCarroll | Jun 13, 2024 | Uncategorized
Ok, has this guy gone off his rocker? Now he’s asking me if I hear dripping? Yes, I am asking that. But let me explain: We have run into situations where our clients have periods of high revenue, followed by periods of lower revenue. They are doing nothing wrong. It’s...
by Peter McCarroll | Jun 3, 2024 | Uncategorized
Seth Godin recently wrote an article challenging the assumption that a customer complaint is bad. Oftentimes, when we get a customer complaint, we go into crisis mode. It might even feel like the end of the world has come!! So slow down, take a deep breath (maybe 2 or...
by Peter McCarroll | Jun 3, 2024 | Uncategorized
Janet Yellin, our US Treasury Secretary, has once again delayed lowering interest rates. And with good reason. Inflation is still too high. And as I’m sure you know, lowering interest rates has an inflationary effect on the economy. The biggest problem I see is that...
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