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Tag Archives: Financial Management
The only thing that chaos can produce is more chaos.
In business, disorganisation is self-perpetuating, creating more work, costing more money and producing more issues the longer it goes unchecked. It takes time to step away from your existing business structure and implement new protocols, but it is time that you will get back tenfold.
What’s more, a well-organised business is more efficient, productive, cost-effective and even more attractive to prospective investors, clients or future employees.
Learn the five steps to a well-organised business in the final blog of our three-part series.
The quirks of a business can be endearing. Its idiosyncrasies can be regarded simply as ‘the way we do things here’.
But these ineffectively-organised aspects of your business can escalate, causing frustration, embarrassment and financial impact while appearing unprofessional and far from reassuring to potential clients or investors.
When these processes have been in place for months or years, it is easy to disregard or overlook them, and far too much effort to correct. But these can become your greatest undoing.
Learn whether your business has its own characteristics, of if it is dangerously disorganised in part one of our new three-part series on effective business organisation.
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.
Few issues can impact a business harder than unanticipated tax debt.
Worse, this impact reverberates throughout the business and even into your personal life.
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.
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.
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.