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] Keeping business and personal financial transactions separate
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. Do your […]
Tracking the Efficiency of Sub-Contractors: A Case Study
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
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 […]