Author: Ewen Fletcher

As the holiday season approaches or if you’re gearing up for a well-deserved break, maintaining control over your business’s holiday cashflow is crucial for a healthy work-life balance. Discover essential tips to keep your finances in check during the festive season. Plan Ahead for Overheads and Salaries Understand that even when you’re away, overheads and…

Holiday breaks are a chance to recharge for the year ahead. We look forward to warmer weather and finally setting up an out-of-office email for the break. However, for business owners, this time can be stressful without careful cashflow planning to implement holiday cashflow strategies. Even if you do continue to operate through the holiday…

In this video, Ewen shares tips for self storage operators to secure optimal lending rates. Key points include: Get in touch if you want to optimise your interest rates and boost cash flow. The Essential SME Checklist for Growth + Profitability Click here to download our Essential SME Checklist for Growth + Profitability; your roadmap to amplifying profitability and unlocking growth potential for SME businesses.

Reducing variable costs is a powerful way to elevate your business profitability. These costs fluctuate with production levels, so effectively managing them can directly impact your bottom line. Whether you’re aiming to improve cash flow or increase profit margins, focusing on lowering variable expenses is key to sustaining growth, particularly if your gross profit margin…

Over time, even the best business processes become inefficient and outdated. Inflexible legacy systems hamper the introduction of technological innovations. In addition, shifts in consumer preferences, changes in market forces, new regulatory policies, and long-established processes affect efficiency, competitiveness, and even your bottom line. Business Process Improvement is the antidote to this.  What is Business…

Ewen shares the latest insights on the self storage industry for spring 2024. Discover key trends, including increasing demand and rising rental rates, and get expert tips on reviewing pricing strategies, maximising occupancy, and managing key business costs.. Learn how expanding your facility could help offset rising expenses and boost profitability. The specialist team at…

In our recent articles, we’ve discussed essential financial reports, such as income statements, balance sheets, and cashflow statements, which provide a snapshot of your business’s financial health at a given point in time. While these reports are crucial for understanding past performance, cashflow forecasting takes it a step further by offering a forward-looking view, helping…

Understanding your financial reports is crucial to improving your business performance. In this video, Ewen outlines four key reports—profit and loss, balance sheet, accounts receivable, and accounts payable—and explains how monitoring them can enhance cash flow, build stronger supplier relationships, and inform better decision-making. If you’d like a financial review of your business, reach out…

If you’re seeing a low bank balance, it might not be about what you’re doing wrong but where your money is tied up. In this video, Ewen shares tips on assessing your sales, accounts receivable, stock levels, and accounts payable. Discover how these factors impact your cash flow and what you can do to improve…

In Ewen’s latest self storage industry video, discover the essential strategies for running a successful self storage business in 2024. Learn about: Customer Service: How to exceed expectations and encourage referrals.Gathering Feedback: The importance of reviews and testimonials.Site Selection: Choosing the right location based on demographics.Expense Control: Identifying and managing essential vs. non-essential costs.Site Security:…

Regularly reviewing your financial reports is crucial for any business owner aiming for growth and success. If you’re not doing this—whether due to a busy schedule or because the reports seem confusing—it’s time to start. Here are six compelling reasons you should monitor your financials reports regularly. Which Financial Reports Should You Review? Before diving…

In his latest self storage industry video, Ewen dives into the crucial aspects of feasibility studies, focusing on supply and demand. Evaluating the competition is essential if you’ve found a promising site with the right land price and rental rates. Learn how to analyse both established and new competitors, assess their occupancy rates, and understand…