Category: Business Advisory
- The sixth cause of poor cashflow – overheads are too highThis isn’t typically a place where you’ll find a lot of wastage. Our experience is that business owners are very careful about managing their expenses, and the smaller the business is, the truer that statement is. Having said that, as a business grows, so do the layers of hierarchy. Management control can deteriorate and the…
- Profit vs CashWondering why all of your profit is not in your bank account? Glenn explains the difference between profit and cash in this short video.
- Cashflow freedom – the seven causes of poor cashflowCash is the life blood of any business. In fact, even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key drivers of cashflow. Improving cashflow is often all about changing your business’s processes, for example, how you order stock and pay for it, how you bill…
- Collect your debtors fasterDid you know that you still have to pay tax on your debtors, even if you haven’t yet collected them? This is because you pay tax on your sales figures, whether you’ve collected the cash or not. So, how do you collect your debtors faster? Don’t procrastinate on your debtors. Establish clear payment terms and…
- Seven Causes of Being Poor Cash FlowProfitable businesses can and do fail because of poor cashflow. There are seven key causes of poor cashflow. We can help you fix the causes instead of treating the symptoms.
- The 80/20 RuleStill wondering about the 80/20 rule? Glenn takes you through how relevant and effective this principle is to your business.
- Cashflow Management CoachingIn this short video Glenn explains why our focus for businesses for the next few months is on cashflow, and what we do in cashflow management coaching. If you would like to find out more contact us to discuss your requirements.
- Pareto PrincipleGlenn explains what the Pareto Principle means for your business and cash flow in this short video.
- What is Your Business Really Worth? And How Can You Increase The Value of Your Business?Many Australian business owners have engaged in little to no exit planning. This is true even for owners with most of their assets tied up in the business. Unfortunately, this is a recipe for disaster when it comes time for you to leave the company – whether that’s due to retirement, an accident or illness,…
- Business Advisory BoardGlenn takes you through how a Business Advisory Board can help you drive your business forward, in this short video.
- Business ValuationsDo you know what your business is really worth? Glenn talks you through why you should have an idea of what your business is worth now, and what you want it to be worth when you’re ready to sell or retire so you can plan to improve the value.
- Hiring Your First Employees: How to Leverage Early Hires to Promote GrowthYour company’s early hires have the potential to shape your business. They can improve operational capacity and efficiency while freeing you to focus on the work that builds value. So, while the hiring process can be difficult and daunting, it is also necessary to grow your business. In this blog post, we’ll answer some frequently…