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
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Risk Management – Protecting your Business
Risk is a part of everyday life. There are many types of risk that will be encountered in business. Some will have a minimal impact and can be managed easily; others may threaten
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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
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Is Cloud Accounting Right For You?
Cloud Accounting or online accounting has garnered a significant stake in today’s globalised market. It is very similar to your old accounting software, however your information
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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
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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
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Trade Businesses and Profit Margins
Knowing this ‘financial lingo’ will assist when analysing your Trade business profit and loss statement.
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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
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Cloud Based Systems to Manage Your Business
Making the most of your time and energy has never been more important. Cloud-based programs that can be integrated together to create one seamless system give you more of both
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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!
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