Keeping it on track. Business KPIs
With health and fitness being a core sector for us we are highlighting the top five essential KPIs your business needs to stay business fit. If you want to tone your profits without pulling a muscle...
When Is A Business Ready For An External Sale
We are often asked; when is a business ready for an external sale and what problems might we experience? The answer as you might expect is; well that depends! Most, if not all businesses are...
Employee benefits – a win win for all
Providing your employees with social benefits should be a win win for all. You save Employers National Insurance and they save both tax and National Insurance. But if you provide these as additional...
Smarter Money Management = better cashflow
The problems with cashflow is that you only know when you have cashflow problems when you can't pay for something. It is entirely reactionary for most entrepreneurs but the super successful know...
When should you increase prices?
Pricing is an emotive subject and many clients are scared about increasing their prices. So much so that many refuse to do so and the compound effect of not increasing prices has cost them tens, if...
How much should you pay an employee?
How much to pay a marketing manager, a plumber, a sales manager and a goldsmith. The same question came from four clients in four weeks. But the question of how much to pay an accountant is what...
Team performance
Most companies firefight when it comes to recruitment, either because someone has left or the influx in sales had led to an increased workload. Either way, without planning and time to recruit, the...
Business is a numbers game, but do you know what business numbers to meausure?
Business success is measured by business numbers, that’s all, pure and simple. Even the biggest companies in the world follow this and they publish their business numbers regularly. But if you look...
Performance indicators
Indicators, they aren’t just used to tell other road users which direction you intend to take. In business, you should use indicators to inform you of the good, the bad, or the ugly. When you build...
The cost of new staff – when to hire the next person
To build a business will eventually mean that you need to hire your first member of staff. To continue to build a business then you’ll need to hire more staff. It is always a catch 22 situation when...