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Profit and Cash

June 23, 2023

Keeping your business cash liquid – the difference between cashflow and profit

The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your work. But how does profit differ from cashflow? And why is cash king?...
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Being a business owner can be stressful.

When the buck stops with you, it can be easy to let the pressure mount up and to discount your own wellbeing. But taking care of your own mental health is equally as important as taking care of the business – research from MYOB in Australia showed that 53% of business...
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Here are ten ways to make sure that you continue to drive through each business quarter with purpose, vision and the courage to super-charge your business....
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Define exactly where you are now - warts and all

This crucial step is so often overlooked. But without knowing your starting point, you don't know what your path to success looks like. It sounds obvious, but many business owners plan for the future without fully understanding where they are now....
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The Five A's of Change

September 5, 2022

Achieving Continuous Improvement

We've spent more than the past year responding to things outside of our control. Everyone has experienced huge change, a lot of it while in crisis mode. Upon reflection, some of the changes were inevitable. If we think about digital transformation and flexible working condit...
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Need More Time - top tips

August 23, 2022

There are 1,440 minutes each day

We all have the same 1,440 minutes each day, but some of us achieve so much more than others. We cannot create more time but what we can do is free up time to help lead a better business and ultimately achieve a happier life. How can we do this? by eliminating the top 10 tim...
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Automation can ease your business workload

Did you know that small and medium-sized businesses are spending on average 120 hours a year on admin tasks, according to recent research. That is over three weeks! If your team are spending 120 hours wading through tedious and unproductive admin, that’s bad for the busine...
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The Achiever Matrix

August 9, 2022

Do you spend all your time firefighting in your business?

Many of the fires being tackled can be put out by concentrating on doing the right things at the right time.The achiever matrix is a great tool to help you work on the right things.The Achiever Matrix is made up of four quadrants and helps you prioritise tasks based on their...
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Too Busy?

Have you heard about the two lumberjacks? One was continuously swinging his axe chopping wood, the other took frequent breaks throughout the day. At the end of their session the one who took time out had a larger pile of chopped wood. This continued day in day out, week in w...
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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...
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