business planning
Credit Management Good credit management is an important business strategy to maintain cash flow and stable finances. A cornerstone of managing credit is not only making sure an invoice gets paid, but gets paid on time. With the holiday season quickly approaching, some industries may find delays occurring in settling customer debts. Efficient credit management …
Mastering the Entrepreneurial Game: Practical Tips for Success Embarking on the journey of entrepreneurship is a thrilling adventure, but it’s also a path filled with challenges and uncertainties. In this blog post, we’ll explore some invaluable entrepreneurial tips and advice to help aspiring business owners navigate the complexities of starting and running a successful venture. …
Getting Outstanding Invoices Paid Maintaining a healthy cash flow is the key to ensuring the survival and growth of any business. It fuels the day-to-day operations, unlocks new opportunities for expansion, and provides a strong foundation to overcome any unforeseen challenges. Timely invoice collection is the cornerstone of this financial vitality, and it is up …
Your Financial Pulse, Our Expert Diagnosis Is your business operating at its peak? Want to know where your business stands financially without the fancy jargon? Our Business Health Check does just that. What We Uncover: Profit and Loss + Key Performance Indicators (KPIs) Get a crystal-clear view of your financial performance. We’ll break down your …
Christmas Bonuses Businesses need to think carefully about the bonus they will give their workers as it sets the stage for what employees will expect from the business in 2024. Different industries have differing ideas on what constitutes a holiday bonus. Holiday bonuses are a long-time tradition for large industries. These businesses usually have a …
Unlocking Business Value: Essential Steps to Determine Your Company’s Worth Determining the value of your business is a critical step when contemplating a sale. Unfortunately, a significant number of business owners are unaware of the monetary worth of their enterprises. The process of ascertaining the financial value of your business is not a straightforward formula …
Getting The Right Business Structure Getting the right business structure in place is one of the most critical business decisions you must make throughout your business lifecycle. However, the wrong business structure can cost you hundreds of thousands of dollars over your business’s life. That’s why structuring your business correctly is critical. Over time, the …
It’s Bigger On The Outside – Faking Business Growth To Grow The Business Making your business seem bigger than it actually is can go a long way in helping you to secure larger clients. Appearing larger can help customers feel more secure when dealing with you and possibly give your voice or presence more authority. …
Why Your Business Needs an Advisor Feel like your business is stuck in a rut? Unable to solve a problem that you know is going to cost you in the long run? Struggling to navigate your way through a difficult time? It might not be financially tanking, and it might not be that your revenue …
Cash Flow Throughout the financial year, there may be periods where your business finds itself facing a recurring problem with its cashflow. Small businesses with cash flow issues may find themselves more at risk of failing or suffering significant financial hardship – during these critical times in the business landscape, this is not an ideal …
Having a Hobby vs Running a Business There are critical differences between having a hobby and running a business, and they mostly have to do with your tax, insurance and legal obligations. Understanding the characteristics of businesses and hobbies is essential to ensure you correctly determine your activities. Are You In Business? While there is …
Risk Management Running a business involves inherent risks, but by implementing effective risk management strategies, you can safeguard your company’s success and minimize potential setbacks. We will explore key principles and actionable steps to help you effectively manage and minimize business risks. Identify and Assess Risks: The first step in managing risks is to identify …
- « Previous
- 1
- 2
- 3
- Next »