Which business drivers are important in your business? How does your business perform? Which driver would you most like to optimise? If you could increase performance by just 10% which approach would you choose? You probably won’t be able to optimise all your business drivers so understanding the impact that each one can have can be very helpful as you decide where to prioritise your efforts.
Being a Sales Powerhouse
What makes a business a powerhouse in sales? Attractive products offered at a reasonable price to customers are absolutely essential. We outline a few ideas to get you thinking as we head into the festive season.
5 Steps to Stronger Cash Flow Management
Are you making the most of your cash resources? Carefully managing cash in your business could determine whether you sink or swim through these COVID times. Here are 5 keys to minimising risk and optimising your cash management.
Using Data to Drive Decision-making to Build Business
Business owners often complain they lack information to make decisions, in spite of many solutions which claim to provide intelligent, customised reporting. Identifying business problems that need solutions and then the data sets which support decision-making is a better approach and we accountants can add value in this process. Read how.
Business Gymnastics
Understanding the factors which drive increased revenue / profit / value allows management to focus their time on activities which correlate with success (or even perfection!) Here are some factors we consider really important irrespective of your industry, size or goals.
How to increase your existing customer base
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. This article covers how you can increase your customer base by focusing on your existing customers.
Using Data to Drive Success
This article explains how the approach to sales is undergoing fundamental change as organisations gain access to data that was previously unavailable. Analysing sales performance helps us decide what to do next in terms of generating leads, product focus and improved lead times. And it is easier than ever before to track our progress and grow our revenue.
Tracking sales and revenue
Learn how to track sales opportunities so you can predict new revenue that may come into your business.
The CFO – A Vital Role in the Cockpit of Your Business
We explain the role of a Chief Financial Officer (CFO) and why it is important in a business and outline best practices in managing your accounting function as well as ideas on appointing a Virtual CFO to ensure strategic oversight of your finances.
Business planning in 2019
Three Financial Mistakes Made by Many Businesses Many of our clients tell us that they got into business to make more money, achieve a better lifestyle or simply because they felt they could do a better job than their old boss. Although many do possess business… Read More >>
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