It is good business practice to manage expenses carefully. Even a successful, cash-rich business should be meticulous about how they’re spending money. (Often that is how they become cash-rich and successful in the first place). A business that is short of cash or is...
COVID-19 has had a big impact on employment, though the impact is not yet fully understood.No doubt there will be positive outcomes, like employees leaving unrewarding jobs to pursue new challenges. Likewise, some businesses will ‘rationalise’ their workforces to...
The employment environment is always changing… as workers consider their options and businesses looking for flexible, cost-effective solutions.
Tax may not be the most gripping subject for business owners… but it is under the microscope as governments consider tax hikes, tax reforms and stimulus packages. There is uncertainty… and in this video, we describe six common tax strategies which apply to most...
Most business leaders agree that branding is important in business. Given the opportunity, they’d like to strengthen their brand to generate more leads, grow sales and increase customer loyalty. How do you ‘strengthen a brand’? It can get murky at this point... so...
Business leaders striving to make the best decisions might benefit from an Advisory Board which can provide support on various levels. In this short video, we examine the role and value of an Advisory Board and how to set one...
In some ways, managing a business is not so difficult, at least from a financial perspective. By attracting more customers or selling more to existing customers, you grow revenue. You also try to ensure that revenue greatly exceeds expenses – in which case profits are...
The ‘digital revolution’ is not exactly new... but we still see businesses battling with basic things. Financial reporting is an example… where leaders may need multiple reports from different systems to see their bank balance, accounts receivable, invoicing status,...