Tag: Business Advice

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.…

The last few years have been extraordinary, with circumstances that have challenged almost every business owner. To overcome these challenges, we’re working with many of our clients to set targets and goals for the coming 12 months. In this article, we’ll outline how you can approach target and goal setting for businesses in 2025 and…

As the year draws to a close, we encourage you to reflect on your achievements, learn from your challenges, and plan for the year ahead. If you’re looking to recharge and gain fresh insights for your business, why not pick up a great business book during the holiday break? To help you get started, we’ve…

In this video, Ewen shares how to prioritise your business activities using the 4 Quadrant Model. Learn to focus on important tasks that drive growth while reducing distractions and time-wasting activities. This guide helps you identify the “Leadership Quadrant” for better planning, stronger relationships, and a smoother-running business. Start applying this model today for greater…

In his latest video, Glenn shares advice on running a successful bakery, starting with knowing your numbers. Discover how to track and optimise key performance indicators (KPIs) like staffing costs, cost of goods, customer flow, and average spend. Learn practical tips to reduce wastage, streamline operations, and make small changes that drive big improvements in…

Seasonal dips in income can be particularly challenging for businesses, but there are proactive strategies for predicting, planning for, and managing these fluctuations in revenue. The key to handling seasonal dips is knowing when they are most likely to occur and implementing strategies that spread your income and revenue over the course of the year.…

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.

In this video, Glenn discusses the importance of understanding your financial reports to improve your business results. Learn how analysing both past performance and future projections can help you track growth, identify opportunities, and make informed decisions. Discover how financial reports can guide you towards achieving your financial goals and growing your business value. The Essential SME Checklist for Growth +…

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…