Business
Solutions
Business problems
and their solutions are as varied as the kinds of businesses in existence. There
are some issues, however, that every business faces. Whatever your business
concerns, we can provide the help you need.
Whether you are
starting a business or operating a going concern, we can help you select the
proper organizational structure and help you secure adequate financing. We will
work with you and your banker, lawyer, insurance agent, and other advisors to
solve your business problems.
We can assist you
with loan applications, pricing, credit policies, cash flow concerns, cost controls,
and other management issues. We will gladly assist you in reviewing your operations
to see what you might do to be more profitable.
What makes a
business successful?
Never stop investigating
ways to improve all areas of your business. The astute businessperson will seek
information to assist him or her in making the changes necessary to stay profitable
in a competitive business world.
Here are some ideas
that could improve your profits:
|
Do
your homework
Before you start a new business, be sure the community can support such
a business. Some areas are not large enough to warrant certain specialty
shops. A bicycle shop, for example, may take a population base of 50,000
people to make it profitable. A grocery store, on the other hand, can
be profitable in a town of only a few thousand. |
|
Carefully
review business proposals
Business deals and special franchises which sound too good to be true
usually are. We will gladly assist you in reviewing any business purchase
or business proposal. |
|
Enlist
the services of professionals
Accountants, bankers, insurance agents and lawyers can help you solve
your business problems. These professionals handle a variety of business
problems every day. They make excellent sounding boards for proposed transactions. |
|
Check
reasons for incorporating
Don't incorporate your business without first checking the long-range
tax and nontax considerations. There are many small corporations that
would have been better off operating in some other legal form. |
|
Make
payroll deposits on time
Some businesses receive penalties for late payroll tax deposits. To avoid
such problems, don't sign payroll checks unless the first check in the
stack is the payroll deposit to your bank. This may have you paying deposits
earlier than required, but you will not be receiving penalties. |
|
Listen
to your customers
You are not only selling products or services, you are selling customer
satisfaction. Satisfied customers return to spend more money and are likely
to refer new customers to you. |
|
Strive
to retain customers
It is estimated to cost ten times as much to acquire a new customer as
it does to retain a current customer through good customer service. |
|
Don't
make yourself indispensable
If your company runs well now in your absence, it will run well in the
event of your disability or death. If you are currently indispensable,
start training people now. One of the most rewarding forms of retirement
is to own your own company and to be absent as much as you like. |
Give us a call
for a one-hour complimentary consultation. You should interview us, as you would
any professional, to determine if we will be a good long-term match for you
and your business. If we don't have the answer to your problems, we will assist
you in locating someone who does. We always welcome your questions.
Traylor,
Gratton & Beaumont, LLC
1260 S. Federal Highway, Suite 101
Boynton Beach, FL 33435
(561) 737-7900
Fax: (561) 737-7924
E-mail: tgbk@tgbk.com