How often are you reviewing your business plan and what step should you take when reviewing your business plan? When reviewing your business plan I recommend that you take the ‘number crunching’ approach as your first step. To begin your review, start by looking at your marketing or sales funnel and quantify this funnel. Look […]
Why review the accounts for your business?
August 13, 2012 by Leave a Comment
Many business owners today often forget about the importance of reviewing the accounts for their business, or simply don’t have the time. I had a client recently whose bookkeeper merely captured the totals into each expense for the month. What this meant was that when we actually reviewed the accounts and printed out the general […]
Deal of the Day Offers – What you need to know
August 6, 2012 by Leave a Comment
We’ve all heard of the success of the many deal of the day websites like the Groupon, the Scoopons or any other Oupons there are out there. Today’s pointers relate to what you need to be looking out for before you sign up to one of these types of deals for your business. Do your […]
Tracking the Efficiency of Sub-Contractors: A Case Study
July 30, 2012 by Leave a Comment
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. […]
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 […]
