Making the Most of Your Marketing Budget
What’s that saying; you need to spend money to make money? Even with a low cash flow this still rings true; just be sure you are spending money in the right places. When times
Continue reading
The 8 Steps of a Sales Process
There is no “One Way” to design a sales process. There are many options, however considering that most businesses have no process at all, take on the one below as a starting
Continue reading
Creating a Business Budget
What is a budget? It is a plan to: 1. Control your finances2. Enable you to make confident financial decisions and meet your objectives3. Ensure you have enough money for your
Continue reading
Prioritising Your Cash Flow
Managing your cash flow is more than simply looking at what goes in and out of your accounts and paying your bills on time. Here, we suggest how to prioritise your cash flow to
Continue reading
The Difference Between Gross and Net Profit Margin
Last week, we looked at how your profit margin can affect your place in the market. Today, we break it down for you and explain the profit margin in more detail. Knowing this
Continue reading
Trade Businesses and Profit Margins
Knowing this ‘financial lingo’ will assist when analysing your Trade business profit and loss statement.
Continue reading
Where Does Your Profit Margin Put You in the Market?
This information is designed to give you insight into why it is important to decide where you want to be positioned in your market. This positioning happens through your pricing
Continue reading
Controlling Business Expenses
One of the key challenges for businesses of any size is that of controlling expenses. It’s also one of the daily challenges in our personal lives!
Continue reading
Managing Creditors in the Quiet Season
You’re riding high, cash flow is great and all your bills are getting paid and then… the quiet season approaches….
Continue reading
Side-Step Slow Paying Debtors
To continually receive payment for services/ products upfront would be ideal, but unfortunately not always practical especially with business to business transactions. Slow paying
Continue reading