Blog
Financial Security For Business Directors and Why Banks Don't Want To Lend
- Posted on June 7, 2010, 9:46 am
There's been a lot of financial criticism of the banks in recent years. Many directors/managers can't understand why banks won't give them the finance such as overdrafts or loans to support and grow their businesses. Well...
Collecting Unpaid Invoices
- Posted on May 11, 2010, 8:21 pm
I read an interesting article at the weekend which says that SMEs currently have nearly £16bn worth of sales invoices that are four months in arrears. Surprisingly almost half of them have done nothing to improve their cash...
Time Recording
- Posted on April 26, 2010, 8:06 pm
In any business, it's essential to understand your employment costs.
Employment costs have increased such that they form a considerable proportion of any company's cost base. This is true of both direct and indirect...
The Importance Of Pricing
- Posted on April 12, 2010, 1:20 pm
The Importance of Pricing
To be honest I love pricing.Do you know why - because pricing is the easiest way in the world to increase your profits.
But most people struggle with the concept of pricing, they often complicate...
Business Tips
- Posted on April 4, 2010, 1:23 pm
Feedback from a survey of SME businesses in The Thames Valley to identify key business tips:
1. Delegate - outsource those areas where you do not have the expertise internally
2. People buy people - make a good...
Financial Directors And Business Owners Should Be Clear About Their Break-Even Point
- Posted on March 19, 2010, 4:02 pm
A vital number that every business owner and finance director should know is their monthly Break-Even. This is the point where the business generates sufficient profit from sales to exactly cover its fixed overhead costs....
Are You Experiencing Burn Out?
- Posted on March 8, 2010, 11:08 am
Did you know that our population has unprecedented levels of cancer, heart disease, autoimmune disorders, allergies, etc. and that GPs are seeing many professionals reporting unrelenting fatigue?
It seems that some people...
Recognising And Rewarding Performance
- Posted on February 19, 2010, 8:48 am
It is important to recognise and reward outstanding performance. However, many businesses fail to do this. Recognising a job well done may not always require a financial reward and can be as simple as saying thank you.
Today...
Make More Money
- Posted on February 15, 2010, 8:54 pm
Money is the measure of the value that you deliver to other people's lives.
For a company, the equivalent measures are profit and and cash flow. If you're not making enough money, or if...
Are You A Business Owner Or Financial Director Who Is Experiencing Spreadsheet Paranoia?
- Posted on February 9, 2010, 12:42 pm
Spreadsheets have revolutionised the modern office. Using these as a tool, we are able to do ever more complex calculations to improve business performance.
But who has had proper training to produce these complex and...
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