25. Three Reasons Managers Misread Financial Reports
Here are three reasons managers misread their financial reports. By not interpreting the financial report can lead to bad decisions and results.
Continue reading24. How To Build A World Class Team
The Three Elements of Culture To Build A World Class Team In Your Business – Safety, Vulnerability and Focused Purpose
Continue reading23. The Art Of Reading Financial Reports
Reading financial reports doesn’t require a finance degree. You have all the information that you need to make decisions by following three basic rules.
Continue readingTo make a profit my business needs to sell how much?
Do you know how much your business needs to make a profit? In the last blog post we discovered how much profit a your business needed to make to be able to pay its bills. We build on that concept and calculate how much the business needs to sell to make the profit you want. […]
Continue readingHow much profit does your business need to make to pay the bills?
Do you know how much profit your business needs to make to be successful? You may be surprised. For a business to be successful and sustainable in the long term it needs to make more than just the owner’s wage. It needs to cover loan repayments, increases in stock or debtors and asset replacement. Check […]
Continue readingHow increased sales is costing you money
[su_quote]Sales is vanity. Profit is sanity. Cash is reality.[/su_quote] I am regularly reminded of the importance of not focusing solely on growing revenue. Obviously sales growth is vital to a business. However, there is a real danger when a business grows rapidly…. Cash flowing through the cracks When a business a grows quickly, the slight […]
Continue readingNo point in measuring if you are measuring the wrong thing
How can I have made a profit I have no money in the bank? This question has been asked by business owners countless times over the years. If you are not an accountant it is an understandable question to ask especially when business success is measured in terms of operating profit. If your business is […]
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