Do you use sub-contractors in your business? If so, do you track the time spent and the efficiency of your sub-contractors? The Challenge… I had a client who thought she had a reasonably good idea of how much time and how efficient her sub-contractors were in the work that she was giving them to do. […]
Archives for July 2012
The Challenge of Delegating Ordering Tasks to Staff: A Case Study
July 23, 2012 by Leave a Comment
When I first met with this particular client he had huge cash flow problems in his business. When we sat down and spoke about these issues whilst working on the performance review for his business, we realised that there was a trend. The Challenge… His staff, who had full control over ordering the stock in […]
The Power of Measuring and Tracking Your Business Performance: A Case Study
July 16, 2012 by Leave a Comment
I’d like to share with you a challenge that one of my clients experienced and how he was able to overcome that challenge by measuring and tracking his business performance. The Challenge… He is a specialist pediatrician who was billing and charging based solely on time. When billing based on time, and you are only […]
The Dangers of Drawing on Your Business Profits
July 9, 2012 by Leave a Comment
Many business owners are not necessarily being paid a salary, in other words they’re not being paid a salary through the payroll but instead they are drawing profits as and when funds are available. But how does this affect your business and does it have an impact on your business? I strongly recommend that instead […]
