Your people are one of your business’s most critical assets. But are you doing everything you can to provide a supportive workplace that also drives performance and growth? This article explores practical ways to evolve your business, starting with your team. Investing in your employee experience isn’t just the right thing to do—it also enhances…

If you’re running a growing business, having a clear budget isn’t just helpful—it’s essential for financial decision-making. A well-prepared business budget allows you to estimate revenue, plan for expenses, and allocate funds strategically. It keeps your business on track and helps you avoid overspending. How Does Budgeting Help Your Business? Budgeting gives you a structured…

In the current fast-changing business landscape, unforeseen challenges can arise at any time. A well-structured business plan helps business owners navigate uncertainty, identify opportunities, and mitigate risks. It provides clarity, ensuring you’re prepared for any crisis while keeping your business on track for success. Why Now Is the Best Time to Create a Business Plan…

Most business owners understand that ensuring tasks get done requires three key steps: documenting expectations, assigning the right person, and setting a due date. But what happens when tasks aren’t completed? What are the consequences of inaction? Think back to your school days when you had homework. Whether you completed it well in advance or…

If you’re struggling to achieve the results you want, you may be missing a key element of The Results Mindset formula. This approach ensures that ideas are implemented, goals are achieved, and desired outcomes become a reality. The Formula for Achieving Results Decisions x Actions x Accountability = Results 1: Decisions: Defining Your Focus What…

Running a growing business comes with financial challenges, which is why good financial management is essential. Managing cash flow effectively and setting clear budgets can mean the difference between stability and financial strain. A well-structured budget not only keeps your business on track but also helps you make strategic decisions with confidence. Let’s explore why…

Running a business can often feel overwhelming. Long hours creep in, stress levels rise, and work starts affecting your personal life. If you’re feeling out of control, it’s time to regain balance and take charge of your business. So, how do you achieve greater financial, time, and mental freedom? The key lies in three essential…

A mantra we live by at Sharp Accounting is “If you fail to plan, you plan to fail”. We live by this mantra because we have consistently seen positive results from businesses that invest the time and energy to plan for the future. Strategic planning allows businesses to grow profits and operational capacity while ensuring…

In this video, Glenn explores four strategies bakeries can use to increase their gross profit margin and reduce the cost of goods sold. Key tips include shopping around for better supplier prices, adjusting your product mix to focus on higher-margin items, reviewing pricing to ensure it reflects rising costs, and actively monitoring and managing wastage.…

With the start of a new year, businesses often ask how they can use strategic planning to drive success. Strategic planning is more than just goal setting; it’s about creating a clear path to achieve your overarching outcomes and ensuring every step contributes to that bigger picture. Read on to discover how a solid strategy…

Many business owners work tirelessly in their businesses, excelling at what they do but often neglecting their strategy development. It’s the classic problem: “I’m too busy working in my business to work on it.” While unexpected challenges are part of running a business, a strong strategic plan can help you anticipate risks and capitalise on…

Strategic planning is the process of developing and documenting the direction for your business. It considers where you are now, where you want to be, and how you’re going to get there – even in the face of unexpected challenges (like a pandemic). If you don’t have a strategic plan in place, this should be…