We seem to live in a real hustle culture where working longer hours is seen as a good thing. As you know I’m a great believer in using technology or…
How much cash should I keep in my business?
Another question to which the accountants answer is … it depends. It depends on your cashflow forecast and the likelihood of all the money coming in on time. Next week…
Making cash collection part of your customer service
Most small business owners hate chasing customers for payment. (The only exception I know is a client who used to send witty poems to late payers) This means that it…
How to improve your cashflow
Cash is king. Most small businesses fail due to lack of cashflow so here are some ways that you can improve yours: 1. Only sell on credit to creditworthy customers…
How to improve your profit margins
If your profits are lower than you’d like and you’re not taking home enough money to cover your bills, let alone to make up for all the hassle of running…
How to create a budget for your business
Businesses and individuals with plans are more likely to achieve those results. But how do you go about it? 1. Personal objectives – the objectives of owner managed businesses are…
Do you really believe your CSR?
Happy new year! Sustainability. Do you do anything about it or just talk about it? Current breakfast view is offices that have their lights on 24/7 (even over the Christmas…
Do you struggle with travelling for work?
Do you struggle with travelling for work?Although I usually work from my home office (our whole team are remote) I do a fair amount of travelling for speaking at conferences…
Do you feel embarrassed chasing unpaid bills?
If somebody left a shop without paying for the goods you would probably chase them down the street and rugby tackle them to the ground (or at least consider it)…
Are you running a profitable business?
Are you sure? What if you had to replace your own time with a suitable qualified/experienced alternate salary? Would you still be making a profit then?Whilst I’d like to think…