Few issues can impact a business harder than unanticipated tax debt.
Worse, this impact reverberates throughout the business and even into your personal life.
19
Oct
Oct
Author Archives: Mike Urness
13
Jul
Jul
Have you ever been confronted with the choice of whether or not to retain a staff member?
It can be one of the most challenging decisions to make but, like so many aspects of your business, it should simply be a case of following the correct process.
In our latest blog, we define the step-by-step guidelines for determining your staff members’ positions, value and whether they are worth investing some time and effort in, or whether you should simply let them go.
06
Jul
Jul
Asking for help isn’t a sign of weakness, nor is it the actions of a demanding boss.
When we take the time to ask for help from a place of compassion and respect, we create a dynamic that is mutually understood and equally beneficial. We can’t possibly hope to manage all financial aspects of our business ourselves and our range of skills is limited, so reaching out to others for assistance is a valuable way to develop a more cohesive business, one that works together more effectively and with a greater sense of unity.
08
Jun
Jun
Healthy bank account, healthy business, right?
Taking this approach to your company’s finances opens you up to a significant blind spot, preventing you from forecasting debt and preventing effective business management.
With a simple two-step approach, you can find financial stability, avoid or overcome debt and manage your company’s long-term health with effective financial management.
Discover how to better manage the financial aspect of your business in our latest blog, the final instalment of my series on business blin spots.
01
Jun
Jun
One of the most dangerous blind spots is the one staring you right in the face, and this can be true of your weekly management meetings.
Not managed effectively, your weekly management meetings can be an arduous obligation at best; at worst, they can be a complete waste of time. My latest blog, part three in my series on Business Blind Spots, looks at how, with a little bit of planning, you can supercharge them to become the thriving pulse behind every aspect of your business.
25
May
May
One of the most dangerous blind spots is the one staring you right in the face, and this can be true of your weekly management meetings.
Not managed effectively, your weekly management meetings can be an arduous obligation at best; at worst, they can be a complete waste of time. My latest blog, part three in my series on Business Blind Spots, looks at how, with a little bit of planning, you can supercharge them to become the thriving pulse behind every aspect of your business.
18
May
May
Accountability is an essential part of your financial operation. But if roles aren’t clearly defined and the company vision not regularly articulated, significant blind spots can emerge in your team’s understanding of accountability.
In our latest blog – part two in our five-part series on business blind spots – we focus on the importance of collaborative accountability. By collaborating with your staff members, outlining their responsibilities and ensuring that your financial structure is shared by everyone, you prevent blind spots caused by neglect, misunderstanding and lack of awareness.
Every staff member should be held accountable for their tasks and obligations, but it is you as a financial manager who is accountable for making that happen.
Learn more in our latest blog:
11
May
May
Many problems that arise in business can be avoided by first recognising five commonly-occurring blind spots.
The first of these is the concept of company finance planning. While finance planning may seem like an integral part of your business, if you aren’t executing it correctly, you are, at best, falling short of its potential and, at worst, completely wasting your time.
In our latest blog, we address this frequent blind spot, highlighting the reasons it can occur, the ways to overcome it and the long-term benefits it will produce.
Take a look now – we hope it helps to overcome some of your company’s financial blind spots.
04
May
May
Storytelling is one of the great life skills of human evolution. For millennia, we have used story to convey wisdom, teach lessons and advance knowledge.
Despite its prehistoric roots, storytelling is still a valuable skill in contemporary society, and even in business. When we convey our message in a more story-like manner, our audience, whether our staff or our clients, become more engaged, amused and connected, retaining the information better and building both confidence and loyalty in the brand.
27
Apr
Apr
Problem solving strategies can often be pre-emptively implemented before the true nature of the problem has been defined. In Part 4 of my problem-solving series, I discuss how uncovering the problem before rushing to the solution can save time and money, and prove far more effective than quickly rushing to the first solution that comes to mind.