In the current climate, where asset values have diminished and directors’ decisions are increasingly under the microscope, it is in a director’s personal interests to be fully aware of what planning should be implemented within their company generally (regardless of how well it may be doing), and the necessary steps to take in advance of or […]
7 steps to find the right business support when you need it
When you start a new business it’s a very exciting time; when you have finally put your plans into place and taken that last bold step into the unknown. You knew your trade very well with lots of good connections, and you probably had a business plan giving you a well sign-posted route forward. The […]
Business Finance Solutions – Property Finance in a difficult market
While businesses in every sector have been impacted by the global financial crisis over the past 6 years, one area that has taken a particular hit is the property market. After the housing bubble burst in the immediate aftermath of the crisis, banks effectively put the brakes on for any business looking to raise finance […]
Cash flow problems – 6 Paradoxes that can cause them
Paradox seems to play an increasing role in our day to day lives. Once we recognise the paradox in a particular situation we can very often learn from it. Here are 6 that relate to cash flow problems: 1. Unrealistic Sales forecasts Why, when looking at putting down a cash flow forecast, does sales growth […]
Cash flow must haves – from someone who has made all the mistakes
I have been in business for over 30 years and have made many mistakes. Whilst some of these errors have been in relation to timing and when to develop a particular idea or product, a large number have been in relation to cash flow and have been very costly at the time. We all make […]
Business strategy 101 – How to create a new business for free…..
How do you acquire a new business for no cost? Can it really be done? The answer is a definite “yes”, and to prove it, let me share with you a methodology that I have successfully used in the past… The first step is to look at what you have already; determine exactly what it […]
Cash flow: Why do other businesses always seem to have enough?
Is cash flow the lifeblood of business? No, it’s far more important than that. We frequently hear the term ‘cash is king’, but this can often be thought of as the preserve of other businesses. This is not the case; any business can improve its cash flow, if it works at it. Here are 7 […]
Invoice Finance – an insider’s view on strengths and weaknesses
Whenever I’m looking at buying a new product or service I find thinking through the relative strengths and weaknesses very useful. It lets me see all of my thoughts on one piece of paper, and helps me make a more measured decision. So let’s do the very same for you for Invoice Finance. The following […]
How being sensitive gives better business management solutions
The sensitive, quiet type is not one you would normally expect to see leading organisations on a mission to the top. Rightly or wrongly we all have visions of the archetypal Alpha male or female, beating their chest and making quick decisions on the hoof. In my experience, it is the quieter more reflective practitioners […]
How to co-ordinate your resources for better employee engagement
Unique business models All business models have their own unique ways of doing things, whether they are a small employment agency or a satellite manufacturer. What sets these individual businesses apart from their peers are the differences in the way in which they put these actions together to get things done. These variations will mean […]