Being consistent in business builds trust and improves efficiency. Consistency is important, especially in challenging times when people want certainty and reassurance. Your Plan – follow it consistently Your business plan will define your purpose, vision, goals and strategies to achieve those goals. Changing circumstances may force a rethink… Read More
Continue ReadingIn recent blogs I’ve stressed the importance of business planning, and that cash is the oxygen of business and necessary for business survival. But first you must know your numbers. In real time. Your cashflow forecast will drive your short term business plan. To improve cashflow or profitability: Review all… Read More
Continue ReadingWe’ve all heard the phrase “cash is king”. Every business needs good business processes to ensure it gets paid for the goods and services it provides. As well as that, every business needs to proactively sell its goods and services. When the economy and business are both booming “selling” and… Read More
Continue ReadingThe Boy Scout Motto is “Be Prepared”. Whilst I never went to Scouts, from a business and personal perspective it makes sense. Plan A is what we hope will happen – the best case scenario where our products and services are sought after, our marketing generates more leads than we… Read More
Continue ReadingThe first quarter of the 31 March 2021 financial year is done. For many it will be a quarter they want to forget, although for others it has been surprisingly robust. Whether your quarter ended in negative or positive territory now is the time to prepare for Q2. Do you… Read More
Continue ReadingDo you agree that customer service is dropping to an all-time low since COVID-19? Some recent examples include: Bank A simple investment restructure moving secured debt from one company to another – no response after three weeks from the bank concerned, who shall remain nameless. The broker explained the delay… Read More
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