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December 28, 2011
Most all of us have interest in increasing the value of our own personal investments. Over the last several years there has been much concern with the economy, the market and how it affects our livelihood as it pertains to our investments. These same questions occur within Boards and management as they work to grow the value of the companies they manage and/or oversee.
One age old benchmark or metric that has been used by companies and individuals over the years is “Return on Investment” or ROI. A simple calculation of taking your year-end profits and dividing by the Stockholders Equity determines what your ROI was for the year (example: If you made $100,000 profit on an investment of $1,000,000 you would have a ROI of 10%. 100,000/1,000,000).
Within a company there are several ways to increase profits. The more successful a company is at driving these areas typically the better the ROI will be.
Increased Gross Profit
Marketing and Branding
Relationships, Service and Support
Now here is the challenge or opportunity for each and every employee within a company they work for. You as an individual or within a team can directly or indirectly have a positive effect on one of the processes above. Your own observation and/or creativity with effective communication can assist with being a “change agent” to improve the Return on Investment for your company. The results end up being a win/win situation with much gratification and feeling of accomplish for all!
December 27, 2011
With 2011 coming to an end, we have been busy; tying down loose ends and preparing for 2012. This time of year always sees us going through the customary budgeting process. This year it has been an even bigger challenge as we try to determine what the economy is going to do and how it will affect our clients.
December 7, 2011
For unknown reasons, the Pacific Northwest has one of the highest incidence rates of multiple sclerosis in the entire world. In Washington, 180 per 100,000 people are known to live with the disease.
December 6, 2011
Commercial Agencies of the Year Round Table article with video. Flash needed
November 16, 2011
On Monday, November 14th, the Supreme Court announced it will hear arguments on legal challenges to the Affordable Care Act.
November 8, 2011
Award winners discuss going global, securing top talent and competing against publicly traded brokers
October 31, 2011
There are so many factors that affect employees outside of work. For the past couple of years, I have certainly noticed that a lot of my own family and friends have been impacted in some way by this worsening economy and our employees are also seeing the effects that this downturn brings.
October 19, 2011
For the past two years, I have had the privilege to be a United Way King County (UWKC) Ambassador. Ambassadors are typically business people who believe in the work of UWKC and volunteer their time to speak at corporate campaigns.
September 29, 2011
While some agencies have only recently come to embrace the idea of being a risk consultant for their clients, the concept is nothing new for the agency Parker, Smith & Feek…
September 29, 2011
Bellevue, Washington – September 28, 2011 – Parker, Smith & Feek inc., One of the top 50 independently owned Property & Casualty insurance agencies in the U.S., has been named "Agency of the Year" by National Underwriter Magazine.