Have you ever thought about product grouping? Or has it been something you’ve put on the shelf and it’s been collecting dust? How does it get you a greater financial understanding of your business? How product grouping can help Above all by looking at your...
Business survival articles
Overtrading: Spot It And Fix It
Are you looking to grow your business? If so, then it's important that you don't overtrade. Overtrading is a very common problem for businesses. Furthermore, it can lead to financial failure even if you're making profits in your business. That situation, folks, is...
Performance Management System: 5 Tips
Do you need a system that will track the performance of your employees in a consistent and measurable way? Then you need a performance management system for your business! Wondering how to create one? You're in the right place! In this video, I'll be talking to...
Manage Cashflow: Five Top Tips
Wondering how to manage your cashflow? You've come to the right place. By the end of this blog, you’ll have read about top tips to manage your cashflow and you will be equipped with the necessary information to help you do a really good job at it. Cash and...
Choosing Your Business Structure To Save Tax
Sole trader or limited company and Choosing your business structure to save tax ? Previously I talked about the differences between a sole trader and limited company. What you need to consider when deciding what business structure, you should adopt. ...
Leadership & Business Resilience
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 Resilience & Information
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...
How Operational Gearing Affects Business
The topic of this blog is how operational gearing affects your business. In a nutshell, it shows much risk you have and affects your survival, growth, and prosperity. But let’s take a step-by-step approach and start with operational gearing first. Operational...
Decision Making Under Uncertainty
Decision making when things are calm is not the same as decision making under uncertainty. Because when it’s business as usual, you pretty much just follow the strategy laid out in your business plan, and take action that you’ve planned out beforehand. But...
What Is Break Even In Business?
To understand break even, you first need to know the components involved with business activity. But how do you find out what your business requires to break even? What is break even in business? Your business breaks even when your sales cover all your costs -...
Undercapitalization In Business
How to avoid undercapitalization and what it is, is the topic of this video and blog. It’s when the company hits a financial brick wall. But, let’s take a more step-by-step approach and explain everything so it’s easy to understand. In this blog (and vlog), you...
Resource Analysis For Your Business
Resource analysis for your business is what will help you with your business growth and success. Is the current set of supplies helping or hurting your business? Find out in this short blog (and vlog). Types of resources Firstly, we’ll look at what resources...
How To Write A Financial Plan
Are you a business owner who is looking to write a financial plan for your company? If so, you're in luck! In this blog, I will be teaching you how to write a business financial plan that is both accurate and achievable. So, whether you're just starting out or...
How To Manage Your Business Risk
Managing your business risk is something you need to know no matter what kind of business you run. Naturally, there will always be some inherent risk involved when running your business. There's no way to completely eliminate the risk. But by understanding and...
Dealing With Procrastination
Have you ever put off doing something, and then ended up racing to finish the task last-minute? If this sounds familiar the read on: It might be that you’ve been struggling to start work on major tasks just because they feel overwhelming. Hence, you’ve delayed...