[VIDEO] Keeping business and personal financial transactions separate

Sole Traders often ask me what costs they need to take into account in their business. A sole trader is just the structure of the entity that you’re using to run your business through. Whether you’re a sole trader, in other words you use your own name and are being taxed in your own name, […]

[VIDEO] The Dangers of Drawing on Your Business Profits

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?

[VIDEO] The Power of Measuring and Tracking Your Business Performance

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 […]

[VIDEO] The problem with delegating ordering tasks to staff

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 […]

[VIDEO] Why do you need to track your subcontractors?

Do you currently track the time and efficiency of your subcontractors. Learn from one of my clients who wasn’t tracking her subcontractors and find out what happened when she did begin questioning the time her subcontractors spent. The Challenge…I had a client who thought she had a reasonably good idea of how much time and […]

[VIDEO] Deal of the Day Offers – What you need to know

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.

[VIDEO] How often do you review your accounts?

How often are you taking the time to review the accounts in your business and why is it so important to make this part of your regular routine? Many business owners today often forget about the importance of reviewing the accounts for their business, or simply don’t have the time. In this video I discuss […]

[VIDEO] The ‘Number Crunching’ Business Plan

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. There are many benefits to looking at your business plan with this approach in mind. This video covers […]

[VIDEO] What are you missing in your business?

If you aren’t looking at your numbers regularly you could be damaging your business and limiting your choices with regard to where you spend your money to grow your business. Here are some examples of clients who made useful discoveries when reviewing their numbers. These may not have been found had we not began working […]

[VIDEO] How do you improve your cash flow?

Are you earning the right margins on your products or services? These steps will help you increase and improve your cash flow.