What is EBITDA?

EBITDA (pronounced “ee-bit-dar”) stands for Earnings Before Interest, Taxation, Depreciation and Amortisation. Yes it is a bit of a mouthful in long form but the concept is vital when comparing business performance and also looking at business valuation....

Review your prices

All too often we see that when a business sets their prices too low, it ends in cash flow issues. All because the business owner refused to review their prices let alone increase them. If you don’t review your prices and your margins are too tight, you won’t...

Business plan

Around this time of year many of you will be thinking about next year, looking at your results so far this year and wanting to target next year and make it much better than this year. It is the time of year that most of us consider writing our business plan. I bet...

Stock management – getting on top of it….

If you’re in retail then you know how important it is to keep on top of your stock management.  That’s why we’ve put together a thee tips to consider for maintaining stock accuracy and reducing shrinkage. If your in retail, then you need to spend time to...

How to Price.

The more you can differentiate your products or services from others the wider the range of possible prices you may be able to charge as the customer has little to compare what you are offering against. If you can differentiate what you are offering, a higher price...