Building your business isn’t a sprint but a marathon. It takes a bit of planning. Plan – find a plan that is right for you. Right for where you are…
How to get funding for small businesses
A compelling business plan – we’ll cover this in a separate article Track record of success – if you have a successful business it is much easier to find investment.…
Till systems with stock control
Gone are the days of huge cash register full of … cash. These days most banks charge to bank cash (if you can find a branch) and HMRC definitely prefer…
How to avoid burnout
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…
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…
Client retention
When thinking about growth it is all too easy to focus on acquiring new customers. But it is important not to neglect our existing customers too. Does your insurance company…
How to scale your small business
Scaling a business can only go so far by selling more of the same. Once you have reached capacity you will probably need to look at a new, scalable business…
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…