Top strategies for a robust cash flow In our previous blog, Instantly Improve your Cash Flow despite Record Inflation, we discussed cash flow budgeting and how owners of small and medium-sized businesses could rapidly improve their cash flow just by making a few simple changes in…
Four key areas to look at for improved cash flow As the cost implications of record inflation start to hit, how can business owners improve their cash flow to ensure the business remains financially viable and able to support them? The U.K.’s consumer prices index…
“Oh, what a tangled web we weave, when first we practice to deceive!”- Sir Walter Scott, 1808 In this famous line from Scott’s epic poem, Marmion: A Tale of Flodden Field, Scott is alluding to how, when we speak dishonestly or try to obfuscate a…
Are you missing out on the opportunity to work ON your business? The challenge many small business owners face today is that they are so busy working in the day to day operations of their business that they fail to look up and see the…
Positivity³ – how to feed the thrive mindset We’ve all heard the term: the power of positive thinking. But have you heard of Positivity to the Power of Three, or as we like to call it, Positivity³? Well, Positivity³ is the term we’ve coined in…
Will your business still be around in 5 years? And how do you make sure it is? According to the Small Business Administration (SBA)* 20% of small businesses fail in the first year, 50% after five years, and only 33% make it to 10 years…
It’s time to resign as Chief Employee! Lockdown restrictions are easing and the economy is opening up again. But what does this mean for the many people out there who have faced redundancy or business closure over the last year, and are currently seeking employment?…
Quick question: do you know the value of your business? Most business owners I speak to can readily tell me: How many customers they have What their revenue is How much profit they make But not too many can give me a confident answer when…
So, the clocks have moved forward! First implemented in the UK in May 1916, daylight savings time is aimed at maximising the use of sunlight and conserving energy. Unfortunately, today’s proliferation of electronic devices means the actual energy savings are negligible, but we do get…
World Book Day offers us an opportunity to celebrate the joy of reading and reflect on some of the books we have read that have had a significant impact on our lives. It also reminds us to share our love of reading with others, opening…
Is there a Doctor in the house? It is thought that the expression, ‘Is there a Doctor in the house?’ originates from the theatre when the stage manager would request a doctor if a member of the audience fell ill during the performance. Sadly, today…
Did you know……only 2% of business owners have a plan. And even less stick to it! However, the value of having a business plan is undeniable. Studies show that planning improves business performance and helps a business grow 30% faster than those that don’t. We…
