7 Key Financial Indicators on the Profit and Loss Statement The importance of specific financial indicators can vary depending on the industry, business model, and goals of the company. Regularly tracking these metrics and using them to make informed decisions can...
Business Coach vs Consultant – Understand the differences and advantages Business coaches and consultants are both professionals who provide guidance and expertise to businesses, but they typically offer different types of services and focus on distinct aspects of...
Your Financial Mindset is a key part of your Performance Management System Far too many owners of Small Businesses are out of touch with their financials, but improving net profits sits at the heart of Financial Performance. You need to see your financial mindset of...
Unlocking Business Potential: Harnessing the Power of Performance Management Systems As a Business Owner, you may be facing various challenges such as insufficient profits, underperforming teams, and inadequate returns on your time and effort. These issues are...
DO SUCCESSFUL ENTREPRENEURS ASK FOR HELP? Andrew Carnegie famously suggested that his epitaph should read, “Here lies a man who was able to surround himself with men far cleverer than himself.” And that’s exactly what he did: Carnegie surrounded himself with an...
Busy vs Productive Do you need to do more, or to focus on less? Every month, I meet with many business owners. After a while, obvious patterns begin to emerge. It has become obvious that owners fall into 2 primary categories—BUSY and PRODUCTIVE. Most of the owners...
Are you struggling with generating sales? As a leader in your business some of the following might sound familiar: Sales volumes are inconsistent from month to month Writing lots of quotes / proposals, but still not getting the sales Having to re-write quotes /...
When you started your business, for many Business Owners this was just one person. You built the business around yourself and your behavior. The processes and systems were built around what you did, and implicitly what you believed worked for you. In most instances,...
“Poor cashflow management” is the nightmare that keeps many business owners up at night. It can eat in to your “future plans”, savings, and at worst it can sink your business. It is one of the top reasons why small businesses go under within their first 3 to 5 years....