Category: Growing Business
- Unlocking Business Success: Harnessing the Power of Forecasts for Growing BusinessesAs business owners, we’re accustomed to checking the weather forecast before making weekend plans. But have you considered the importance of forecasting in your business? In this article, we’ll explore how a comprehensive business forecast can provide valuable insights, empowering you to make informed decisions for sustainable growth and business success. The Power of Business…
- Regain Control of Your Business with Three Essential Tools for GrowthAs a business owner, regaining control of your business is crucial for sustainable growth and personal well-being. The constant work hours, increasing stress, and impact on personal life can be overwhelming. In this article, we’ll explore three essential tools that can help you regain control, achieve financial and time freedom, and set your business on…
- Three freedoms business modelAre you feeling out of balance in your business? Ewen explains the basics of the Three Freedoms Business Model and how that can help you get balance back.
- One Page Business PlanningGlenn explains why a one page business plan is super effective in helping you drive your business in this short video.
- Defining a great days workWe all have days where we nail our work and feel like it’s been a great day! How do you encourage your team to have more great days and fewer days where they feel they’ve achieved nothing? Ewen explains the principles to define a great day’s work in this short video.
- Are you a slave to your business?Feeling like a slave to your business? It’s your business, you make the rules. No more excuses! Ewen shares what you need to do to regain control in this short video.
- Profit vs CashDo you understand the difference between profit and cash? Are you improving your profits but not seeing an improvement in your bank balance? We can help you increase both your profit and your cash! There’s a massive difference between profit and cash. Ewen shares 10 ways to help you understand and make a better plan…
- Increasing your stock turn in a slow-moving economyIf you sell stock or inventory, it’s essential you understand stock turn and how to increase it. Obsolete, or ‘dead’ stock will harm your cashflow and your ability to increase profit, particularly in a slower-moving economy. The longer stock takes to sell, the longer you have your cash tied up in the stock before it…
- Reasons for poor cashflow: number 7If current sales levels can’t support your overheads and other cash demands, your business isn’t viable in its current state. Ewen explains how Sharp Accounting can help you develop a plan to increase your sales and hold you accountable to do so in this short video.
- Understanding Working CapitalCash is oxygen for your business and measuring working capital is your regular health check to keep your business alive; especially in turbulent times. Glenn explains how Sharp Accounting can identify strategies to increase your working capital in this short video.
- Smart strategies to control your cashCashflow is confidence – the more you have, the better! Try the below strategies to help take control of your cashflow: Talk to us about strategies you can implement to get the cash flowing in your business. “You must gain control over your money, or the lack of it will forever control you.” – Dave…
- 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…