Business Advice on Profit and Cash Flow for small business

50. Financing Your Business – Debt Vs Equity

Financing Your Business – Debt versus Equity. What is the difference? Which is best for your business?

49. How To Improve Your Effectiveness

You only have so many hours in a day to be effective. Here are three steps to improve your effectiveness.

48. How much do I need to increase sales if I hire a new person?

In this video, I explain how to use the break-even formula to calculate the increase needed in sales if you hire a new employee.

47. Simple Formula To Make Better Financial Decisions

Before making a decision do you understand the financial impact? If you increase the price of a product, how much can sales drop before you have a problem?

46. Do you REALLY understand your company’s strategy?

Research suggests that over 90% of employees do not understand their company’s strategy?

If true then there is a large amount of work being done that does not align with the strategy.

45. Four Steps To Build a Strong Balance Sheet

The benefit of maintaining a strong balance sheet is it provides greater opportunities during the good times and provides shelter during the bad.

44. Improve Your Effectiveness In Communicating

how you can improve your effectiveness in communicating using EQ as a framework. I provide simple practical steps any leader can take with practice and discipline.

43. Design a Profit & Loss (Income) Statement That Is Relevant To Your Business

Do you spend too much time reading financial reports? Or too much time trying to find the information you need?

In this video, I show how you can design a Profit & Loss Statement that is simpler and more relevant for non-financial managers.

42. Improve Emotional Intelligence, Improve Your Leadership

Research has shown that leaders don’t establish their full credibility, in terms of their role potential, if they don’t also develop a high level of emotional intelligence.

41. How to Link the Financial to Execution?

Many companies do not have a sound strategy that links behaviour to financial outcomes. One possible reason is the lack of a model which clearly shows the linkages between behaviour and financial outcomes.

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