Financial statements explained is the topic of this blog (and vlog). And it will serve as a guide to you so that you can better understand them. Why do you need to know about financial statements? Because the financial statements form the bedrock of any...
Making your business partnership work can be daunting if you have never had a partnership. If you intend to start a partnership with a friend or a family member, you should consider many things. Do not assume that just because you get along in a personal...
Achieving business success is every business owner's goal (and dream). But how to get there is another story. You’ll find lots of advice about how to reach success in business, but I’ve distilled all that into something that can be easy to remember and...
There is no magic bullet to make your business successful. However, if you treat it as a hobby, then you're bound to fail. That’s why you need to run it, deal with it, and approach it as it deserves. Firstly, what’s a business? One official definition of a...
Cash flow or fail! Because money talks. And it is especially talkative when you don’t have any, nagging money worries that keep people up all night and worried all day. Most of us have been broke at some point in our lives. Most people will have had to adopt...
Your business cash story is a big deal. It contributes to business continuity, survival, and growth. Profits are what it all comes down to ultimately, but cash plays its own part in this narrative. Cash is what we see appearing and disappearing from our bank...
Why leadership is key to your business resilience is the topic of this blog. Business resilience is what you need when running your business. The businesses that share these characteristics tend to be at a large, multinational corporate level. However, there...
Business objectives are the specific goals that a company sets for itself in order to achieve success. Your business plan is nothing without your business objectives and goals. They are the driving force behind a company's decision-making process, and they help...
Planning is an essential process for any business, regardless of its size or industry. It involves setting objectives, developing strategies, and laying out the actions needed to achieve them. Remember if you want your business to be successful, you need to get...
Organisations that thrive and do well have the element of business resilience. Resilient companies are those that will be most likely to push through challenging or uncertain times. What is business resilience? Business resilience is what makes a company adapt...