Keith Steincamp CPA

Profit improvement expert who coaches entrepreneurs & leaders in strategies to achieve financial & operational excellence. Christian husband, dad & dog lover!

[Keith Steincamp CPA @KeithSteincamp]

.@repmerleynbell @maryborenSD16, please vote YES on SB 1647. I agree with @DavidBartonWB, “SB 1647 will help Oklahoma return to founding principles that are the very bedrock our great country.” #fundstudentsnotsystems https://t.co/uF4gbaf4RD

[Keith Steincamp CPA @KeithSteincamp]

It's an insecure world, and an insecure time. Are you building a future of security? Is your business building a future of security for you?

[Keith Steincamp CPA @KeithSteincamp]

You don't need to apologize for being compensated based on the value you provide. You provide value, and it is fair that you be compensated for it. Your customer is receiving value, and you deserve to be compensated; THAT is a win-win!

[Keith Steincamp CPA @KeithSteincamp]

Plan at least 3 steps ahead, and be fully implemented at least 1 step ahead. Life, and often business, are fast and furious. You don't need to stay completely ahead of the game, but you need to make sure you are ahead of the game by just the right distance at just the right time!

[Keith Steincamp CPA @KeithSteincamp]

Develop a systematic, repeatable, scalable business model.

[Keith Steincamp CPA @KeithSteincamp]

I know you are staying busy, but is your "busyness" creating your best future?

[Keith Steincamp CPA @KeithSteincamp]

YOUR business is your number one client. Are you acting like it? What have you done recently to make your business better? What processes do you have to ensure your business is secure, profitable, and sustainable?

[Keith Steincamp CPA @KeithSteincamp]

The current environment is such that customers have been triggered. Triggered to consider change. This is an opportunity for you to gain new customers, but also to do damage control to keep the ones you have. Don't let this opportunity pass you by.

[Keith Steincamp CPA @KeithSteincamp]

How do you find customers who are passionate about your product? You create them. You create a product and service about which people are passionate! Go get them.

[Keith Steincamp CPA @KeithSteincamp]

Work hard. Get lucky.

[Keith Steincamp CPA @KeithSteincamp]

Having to cut employees hours but hoping to not permanently lose them? Check with your state unemployment commission and help your employees get partial or full unemployment benefits. You have been paying for this insurance with each payroll, make use of what's available.

[Keith Steincamp CPA @KeithSteincamp]

Many businesses are encountering sudden, huge sales decreases, requiring quick, decisive decisions in order to survive. Think and act NOW. Waiting could "cost you the farm" so to speak. You must execute a plan to ensure enough cash flow to weather the current financial downturn.

[Keith Steincamp CPA @KeithSteincamp]

This is a great time to evaluate, and potentially adjust, your fixed costs. Fixed costs are costs which typically stay the same, but when there are BIG sales decreases or increases, many fixed cost can be changed or eliminated. See what opportunities you may have.

[Keith Steincamp CPA @KeithSteincamp]

Time to bloom where you're planted! The best time to diversify your business was yesterday, but the second best time is today! Get the team together and brainstorm about what new markets you can penetrate - look at ease, speed, profitability, skill and financial runway.

[Keith Steincamp CPA @KeithSteincamp]

If you are a parent, the number one most basic thing you must do is keep your kid alive. Sure, we want them to be good citizens, happy, and healthy. But bare minimum, keep them alive...Your business is the same way - guard against pitfalls which could take your business under.

[Keith Steincamp CPA @KeithSteincamp]

Make sure what you do in the short term is setting you up for the best in the long term. Ensure today's actions maximize the potential return in the future. Focus on the activities which will increase your profits in the long-term, and set you up for the life and future you want.

[Keith Steincamp CPA @KeithSteincamp]

When making improvements, it is often wise to develop and implement a short-term and a long-term strategy. For some things, we may need and be able to achieve immediate results. But other strategies require a longer horizon. Do both for the best long-term results.

[Keith Steincamp CPA @KeithSteincamp]

Consistently taking the right actions will yield positive results if done enough times. The starting point is with the very first time.

[Keith Steincamp CPA @KeithSteincamp]

Happy Customer = Happy Profit. :)

[Keith Steincamp CPA @KeithSteincamp]

Eliminate "customer agitators". What is a customer agitator? It's anything that agitates the customer! Look at your customer satisfaction surveys and look for trends. What are they consistently complaining about? Then go find a solution and eliminate the guest agitators.