Stop thinking, start doing

We love to meet people who come to me with ideas, but in the same vein, We also hate people who only come to us with just the idea. Does that make any sense? There are those people who are full of ideas, the really creative, imaginative folks who are always abundant...

Manage your costs

One of the key aspects to maintaining a positive cashflow is to manage your costs. Far too many business owners allow their costs of escalate and don’t have the time to consider whether they are still receiving value for money. Consider car insurance for a...

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...