Most business owners agree that cash is the oxygen that keeps the heart of a commercial enterprise pumping. It doesn’t matter if we’re talking about trades, financial services or product sales and distribution, without a healthy cash flow, things start looking pretty sickly. So it’s always a good idea to build a cash reserve, an […]
READ MOREBreaking even is the new Breaking Bad. It seems okay… until…
If you survived year one of your business ownership and you’ve broken even – well done and congratulations. You’ve made some massive personal, financial and emotional investments and on paper, you’re no worse off than you were when you started. In fact, if you think about it, you’re better off because that ten, twenty or […]
READ MORE6 Reasons to book your holiday right now!
You’ve heard the saying, “make hay while the sun shines”, right? It means that you should work as hard as you can, for as long as you can while the money is still on offer. It makes some sense but workaholics and people who feel they have to keep pedalling hard to keep their business […]
READ MOREProfits are down soooo… do I take a pay cut? The “business $100 note” can save you from yourself
Every business faces a period when revenue drops below expectations for a time. Hopefully this occurs at the beginning of your ownership journey, not the end. It’s at this time that knowing your numbers will provide comfort and reasons for optimism, or indicate that you are sailing far too close to the rocks! Either way, […]
READ MOREMake it Rain. Invest in Multiple Buckets. Create automatic cash flow.
This article contains the revolutionary secret to beating the ever growing statistics of Business’ not making it after their first couple of years. These five simple steps will change the future of you and your business forever. Step 5 – Invest in Multiple Buckets, create automatic cash flow. Remember Jesus first miracle? He turned water into […]
READ MOREMake it Rain. Stop the leaks. Take back control of your money
This article contains the revolutionary secret to beating the ever growing statistics of Business’ not making it after their first couple of years. These five simple steps will change the future of you and your business forever. Step 1 – Stop the leaks and take your profit FIRST! This might surprise you, but the […]
READ MOREMake it Rain – 5 step plan to make your business work for you
Step 1 – Stop the leaks TAKE YOUR PROFIT FIRST Revenue – How happy are you with your current revenue? Profit – How happy are you with how much profit you have sitting in your profit war chest? Expenses – How happy are you with the percentage of tax you are paying? Expenses – How […]
READ MOREHow a Baseball team used Numbers to Win
Call it coincidence, but over the past couple of days, I’ve discovered that the sporting “greats” use numbers to win. What do I mean by this? Well, let’s look at the example of the Oakland A’s. Prefer to watch this article? [su_youtube url=”http://www.youtube.com/watch?v=UD8fAdxrahE” width=”640″ height=”360″] Moneyball – Focus on One Number Moneyball is a movie […]
READ MORETime out – free speech
Time out! Can we just talk for a minute… for free? Firstly and most importantly the answer to that one is a yes. A resounding and emphatic yes for that matter. But let’s take a step back because I’ve come in half way through the story. Have you ever had a tradesperson over at your […]
READ MOREWhat's Your One Number to Focus on in Your Business?
Adapted from Gary Keller’s recent book, “The ONE Thing”, what is the ONE number you could focus on, such that by improving it everything else would be easier or unnecessary? What we want to identify here is the one number in your business that will have a roll on effect to other aspects of your […]
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