The truth about price-cutting- it’s not what you think

By elitecpas | February 29, 2020 | Comments Off on The truth about price-cutting- it’s not what you think
inventory turns formula

Sales are down, so we need to cut prices right? Not necessarily! The truth illustrated in the video below shows that price-cutting is almost never the way to grow profits. The video shows that, at a 35% profit margin, a 10% price cut means you must increase sales by 40% just to stay even. Hard…

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Other firms give you a list but we give you a tool

By elitecpas | August 16, 2019 | Comments Off on Other firms give you a list but we give you a tool

A list of your assets is great for estate planning but, in addition, what your heirs will appreciate is a map to find the items they need after you’re gone.  This downloadable form (see the link at the bottom of the page) will not only make sure you have the vital estate documents but will…

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