Donna Marie Thompson
PhD, MBA, CPA, CPC, MP-ELI, C-NLP
Free
Small Business Profitability, Business Consulting, Cost Cutting, Proft Margin, Proft and Loss, Strategy, Performance Management, Problem Solving, Decision Making Expert
Donna Marie Thompson Quick Facts
- Main Areas
- Small Business Profitability, Business Consulting, Proft Margin, Proft and Loss, Productivity, Performance Management, Problem Solving, Decision Making
- Best Sellers
- 3 Profit Pitfalls
- Career Focus
- Speaker, Entrepreneur, Business Consultant, Trainer, Author
- Affiliation
- Busienss Bottom Line Radio, National Speakers Association, Professional Woman Network, E-Woman Network
Donna Marie Thompson, PhD is a Small Business Profitability Expert and Founder of http://www.ExpertProfitSolutions.com. She is two-time best-selling author who has spent most of her career in international management consulting. As a successful business consultant, Donna Marie has consistently helped businesses meet their profit targets under challenging circumstances.
She was a Director at PricewaterhouseCooper’s Consulting, and has worked at Booz Allen, as well as local consulting firms. This wide range of experience in businesses of all sizes uniquely qualifies Donna Marie to guide you to discover the hidden profits in your small business.Entrepreneurs are so busy in the details of their business they often don't take the time to boost profitability and profit margins, to improve decision making and problem solving, and to focus on performance management.
Donna Marie earned a PhD from George Washington University, an MBA from Virginia Polytechnic Institute, a CPA in the State of Maryland, and is a Master Practitioner of the Energy Leadership Index.
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Articles by this expert
SelfGrowth articles and saved writing connected to this expert.
Article
Small Business Owners Negotiate For Profits
One of the everyday realities in small business is “Negotiating.” It’s a necessity for all small business owners who, whether you love it or hate it. Negotiating a new deal, the price of an item you need to purchase, payroll and contractor issues, deadlines, service arrangements, a joint decision with a client and a myriad other items bombard you all day long. Why not get out of in front of it? As a matter of fact, the sooner you master Negotiating, the more profitable you will be.
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How to Know Your Variable Costs to Increase Profits in Your Small Business
How to Know Your Variable Costs to Increase Profits in Your Small Business If you don’t know your variable costs you don’t have the information you need to maximize the profits in your small business. You don’t have the information you need to price your products and services. You can't operate your small business with the accuracy and precision to maximize your profits. Variable costs are a key com of your profit and loss statement. What Are Variable Costs?
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Outsourcing – How the First 30 minutes Each Day Affects Your Profits
With a small business to build, streamlining your day from the very first moment can mean productivity increases, peace of mind, and yes, even hidden profits. Finding profits in hidden places can be much easier than you think, I promise. As a small business owner, what you do at the very start of your work day – literally the first thirty minutes – can make all the difference in the world to your profitability. Believe it or not, your most important goals for each day depend on how you manage those first thirty minutes.
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Baby Boomer Women: Is There a Business in Your Future?
Baby Boomer women are starting businesses in record numbers. There are three main reasons: flexible lifestyle, income, and personal passion. Many baby boomer women want to take these businesses into their retirement - early or otherwise. Women over 50 are looking for a personal and professional outlet for their time and energy. They are looking for some structure but not the 9-5 work commitment. Been there, done that. They are not thinking about golf, tennis, or shopping 24/7. There is so much more to boomer women. They have a lot to offer and they are ready to go into business.
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Small Business: Will Working Harder Increase Your Profits?
There are two common myths about running a small business that are simply not true. One is the myth of working harder and the other is the myth that changing everything is needed in order to increase your profits. Let’s take a closer look at these two myths and bust them one by one.
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3 Traps in Goal Setting
How are you doing on your most important goals? How do you even know unless you are carefully measuring your progress on each goal? You are not alone. You probably already know that 91% of New Year’s Resolutions -- you know the ones to lose weight, go to the gym, and clean out that junk drawer -- are abandoned in the first three months of the year. I’m not talking about those “goals”, they are more like wishes anyway.
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How to Manage Your Feelings as You Cope with Divorce
Divorce often plays havoc with our emotions. Even when you think you've got it all pulled together, sometimes unwanted feelings can take over your psyche. Two steps forward, one step back... or on a paritcularly bad day, even three steps back. In time, you can observe these feelings as they come and go and begin to detect their hidden or overt meanings. As you process your feelings in divorce nothing seems to make sense. Some days you are not even sure how you feel. The goal is to find out how to get over your break up. The goal is to find a way to cope with divorce.
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Costs and Revenues Define Your Break Even Point for Profits
The essential information on your fixed costs paired with the calculation of your variable costs will enable you to price your products and services with the accuracy and precision required to maximize your profits. The Break Even Point, or as others will define it, the no-profit, no-loss point or zero profit point, is the point where the total revenue equals to the total costs, both fixed and variable. The Break Even Point is used to calculate the Target Operating Income; total revenue equals total cost.
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3 Easy Ways to Boost Your Business Profits
In any business, and especially a small business, there can be countless valuable “potential” profits literally hiding right in front of you. For a small business, figuring out what those gaps in your profits are – and where they are hidden in your day-to-day activities – is almost as valuable as what you do about them afterward. Here are three profit boosts to help you locate the gaps in your profits and effectively turn them around. Profit Boost #1 – Work More Effectively with Suppliers.
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Small Business Owners Go Mobile to Increase Profits
Small business owners discover that a mobile presence of their business will cause their profits to increase. This huge market is open and growing by leaps and bounds. Reaching customers or clients on their tablets or their mobile phone is rapidly taking over from older, conventional marketing methods. Small business owners are clear that mobile connections are here to stay. The fact is that the number of mobile device users is so high that it cannot be ignored any longer by your business, whatever your business.
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5 Tricks to Maintaining Momentum toward Your Goals
We all have goals – some are very difficult, while others are less so. How do you keep on track with all of your goals? What is the secret to meeting every goal every time? One of the biggest challenges we face in setting and reaching our goals is that many of us have too many goals going on at the same time. I call it goal clutter.
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How Do You Maximize Profits on Declining Sales?
In a small business, there’s no denying that there are products that reach the end of their life cycle. There comes a point where sales and profits are no longer growing, but instead, they are declining. The good news is that orders are still arriving, so you have time to make a plan of action.
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Websites & resources
SelfGrowth-published websites, downloads, and contributor profile websites connected to this expert.
Website
Bouncing Back From Loss
Bouncing Back From Loss offers hope and help to bounce back from personal, relationship, and financial setbacks. Find the joy in your life! Check out the blogs: Happiness & Joy, Faith & Forgiveness, Hope & Help, and Living Your Values. And the free E-book "How to Overcome 7 Key Obstacles to Recovery" if you sign in.
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Website
Bouncing Back Now
Donna Marie Thompson, PhD -- The Bouncing Back Now Relationship Coach -- offers relationship advice, new hope, and help. Topics include bouncing back from a relationship breakup, getting ready for a new relationship, and resolving relationship problems.
December 1, 2010
Favorite Quotes & Thoughts from Donna Marie Thompson
Just Say No to the Status Quo TM
In a small business, there are almost always more “potential” profits. Generally they are hiding in plain sight. How do you find them and maximize them for your company? There are many places in your business if you know where to look for them.
Contacting Donna Marie Thompson
Email: Donna@ExpertProfitSolutions.com
Website: http://www.ExpertProfitSolutions.com
Twitter: ExpertProfits
Facebook: Donna Marie Thompson
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Small Business Proftability expert
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