So, you’ve got a great idea for your business, but you don’t have the funds right now to get it off the ground. You could try applying for a government grant, but it’s often a long and arduous bureaucratic process of form filling and there are of course no guarantees you’ll get the money. Some […]
3 Reasons Your Business Needs A Budget. Now! For many, the word “budget” is about as appealing as that dreaded word “diet”. Many people seem to think it means what you will go without, rather than what you’ll achieve. However, for a successful business owner, the word “budget” has a very different meaning! It’s more […]
There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A business can make a lot of sales, have a book full […]
If a business owner said to you that they run their business without a budget, what would you think? You’d think they were incompetent. Or perhaps lazy? Or both? But what do most families do? When you think about it, a family is actually a mini business. There is income, there are expenses and there […]
We’re all aware that businesses are paying particular attention to cashflow in current times. In the majority of industries, there have been a growing number of challenges that are affecting cashflow. And every other business article I am reading is talking about yet another large company collapsing. Tough times are certainly upon most businesses. […]
