The biggest finance-related worry for small business leaders is managing cash flow. Nearly three-quarters of those surveyed cite this issue – as a key concern. There are five key issues affecting small business owners the most:
Managing cash flow
Being as tax efficient as possible
Understanding the profitability of the business
Not having an up to date picture of business performance
Raising finance …
Does your accountant ask to meet to about your goals and the results needed to live the life you want – at least once a year, but preferably more often?
Some accountants are excellent at providing advice and some are scared of doing so. Sometimes this is because of a lack of perceived knowledge/value, or sometimes this …
Having a great accountant is critical to every business
Having a great accountant is critical to every business. Sadly, small business owners are quick to choose an accountant without checking the different ways they can help their business or their knowledge of your industry.
Getting the right accountant means you can focus on running the company and make well-informed decisions based on …
Why do sound business values help you achieve freedom in your business?
I mentioned in the previous article how Business Competencies and Business values have direct impact on the financial results you achieve. Business competencies tie in to the acronym LUCK, which connects with the qualities needed most to be a successful CEO of your …
How do you keep your business sustainable? Of course there is more to it then LUCK – check out how this acronym can help create positive results in your business.
Business Competencies and Business values have direct impact on the financial results you achieve. These aspects are interrelated with both the Profit you earn and the long …
As a part time CFO (Chief Financial Officer) for small/ medium businesses, I meet people who struggle with dealing with slow paying debtors. The extra time needed to chase up people who should have already paid, although both frustrating and inefficient, is a critical process for the overall success of a business, solopreneur or contractor.
Left alone, …
Working through a SWOT & PESTE Analysis enables you to brainstorm with your team/advisors and focuses on the areas which are critically important to change or improve in your business.
Brainstorming these in the planning phases of new projects creates discussion and assists with setting strategic and operational goals. Want team buy in on your goals? Get your team to take …
Winning an award is always a great experience and it generally affirms the work you have placed into achieving your goals and passions.
On Friday we won the Excellence in Leadership award at the Wellington Region Business Excellence Awards 2015 and while we try not to ‘shout out’ about our successes it did make me reflect on what being in business …