Think Business Coach
August 21, 2023
It's tough at the top (and that's why you need a business coach)
Being a business owner can be immensely rewarding. But it's also a highly pressurised and stressful position to choose. The business journey can be full of pitfalls and challenges that make it more difficult to meet your goals and turn your business into a success. The ...
Profits or cashflow?
October 17, 2022
Should I focus on profits or cashflow?
Making a profit is at the heart of running any successful company. But should profits be the only financial focus if you're looking to create a stable, long-term business?
Cashflow is the beating heart of your business. Without an even and predictable flow of cash into the c...
7 Ways to Grow Your Business
June 14, 2022
Small Changes can have Big Impacts
There are just seven ways to grow your business. The first five grow your sales and the last two reduce your costs. The seven ways are:
1. Increase customer retention.Stop your customers defecting to the competition by keeping them happy. It's easier to retain existing clien...
Achieving results through accountability
May 30, 2022
Accountability and consequence
Most business owners understand that the only way to ensure something gets done is to document what is expected, assign it to the right person, and set a due date. But what do you do if the task isn’t done? What are the consequences of this inaction?
Think back to your sch...
It is all about adding value
During a cost of living crises when we are all feeling the pinch it is more important to remember that the fifth way to grow your business is to encourage your customers to spend more each time they buy.
This is not about simply increasing prices it is about adding value to ...
Happy Customers
Statistics show that it's six times easier and cheaper to make a sale to an existing customer than it is to a new one. Happier customers come back more, spend more money and, most importantly, talk to others.
And yet, so many businesses seem focused on getting more customers...
How to manage poor employee performance
April 19, 2022
Is one of the team below par?
When one member of your team begins to perform below par, this can have a knock-on effect across the whole business. So, dealing effectively with performance issues is a must.Your team is the beating heart of your company. Everyone in your core departments must be able to wo...
Are you making time for mindfulness?
April 4, 2022
Why you should focus on mental health
As business owners, we all know the pressure of being the driving force behind a business. It can be a stressful experience, and this can have an impact on your wellbeing.
Running a business takes up so much of your time, and can consume your waking thoughts. But a tired, st...
Forecasting doesn't have to be in a foreign language
July 22, 2021
Upsizing or downsizing? We can help with the forecasting
The post-Covid, globalised economy has created a number of challenges for the average business. Depending on your business purpose and strategy, you may need to either upsize, or downsize, to secure the long-term future of your company.
But what are the implications of scali...
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