Over the next year I will be sending out a series of blogs that will help you improve your business’ profitability, cash flow and value. The first blog explains why you should involve your Team in preparing your business plan.
Read MoreTopics: Business Improvement, Business Planning
As a business owner, there is always something to do, however many owners often spend more time working in the business than they do on managing the business.
Read MoreTopics: Business Improvement, Business Planning
Happy and satisfied customers always come back and also make great recommendations for your business. This article by The Conversation looks at how humour can be used to increase customer satisfaction. Enjoy the read.
Read MoreTopics: Business Improvement
Case Study
Background
A wholesale and retail business is experiencing large fluctuations in its sale, profits and cash flow. The business supplies goods to mining and rural businesses and is required to carry large stock holdings and significant credit accounts. Heavy rains also caused damage to the business’s stock and premises and it was unable to supply refrigerated goods for a period of 2 months.
The owners, William and Laura, wanted advice on how to improve their profit, better manage their cash flow and prevent the loss of income from future unplanned events.
Read MoreTopics: Business Improvement
We have been speaking with many businesses, from all different sectors and the general consensus is, times are tough. If your business is facing a downturn, it is more important now than ever before to have a good handle on your cash position.
Read MoreTopics: Business Improvement
