Business is experiencing a noticeable decrease in sales and profits.

This is a good time to conduct a SWOT Analysis to reassess your strengths and weaknesses, financial resources and risks, as well as develop a corrective action plan. 

In terms of an internal audit, we may be able to help you figure out what's going on by looking at your financial history.  We utilize ProfitCents from Sageworks to take your financial data and quickly convert it into a plain language report complete with industry comparisons, ratio analysis, trend analysis, and even expectations. To get started, gather the most recent three years of your financials and/or tax returns and make an appointment with one of our counselors today.  Remember, your information will be kept strictly confidential and will not be shared with anyone without your express permission.  We can't help you beat the odds, if you won't be open and honest about your business' financial history and current financial status.

To increase sales and profits, you need to explore raising your prices, discontinuing unprofitable products and services, reducing costs, and developing new products and services among other things.

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Didn't find what you were looking for?  We still want to help.

Choose from two easy options:

1.) Schedule a FREE and completely confidential in-person business counseling session in a private setting with an experienced and qualified TSBDC-certified counselor by calling (423) 392.8825 or e-mail info@kosbe.org. 

2.) Obtain answers to your questions online, by phone or via e-mail.  Just signup for Online Counseling right here.