No matter where you are up to within your Business Operations, for example just thinking of starting a business or been in Business for 10 + years, research and surveys can be beneficial for your Business. By being able to survey your potential clients, current client, Past clients, it can help you understand the market […]
Author Archives: Scott
Often as business owners or even in the residential setting, we think of security and think if we put in an Alarm system and/or a camera/ CCTV system then our security issues should be solved and nothing will ever happen. As a Licensed Security Advisor in Victoria Lic 81898361S, I can tell you this is […]
Hi followers, Now, this blog is not about what you think it might mean, although getting sufficient physical exercise can be beneficial for the business owner and to help improve the business, it is not something I am going to push to business owners, I will leave it up to them to decide whether exercise […]
From time to time I see posts or questions about writing tender submissions, and as we know depending on your industry, but submitting for tenders can be a vital component of operating a business as if we are successful in tenders it helps improve our cashflow. One thing to remember when applying for tenders, some […]
Knowing your financials can mean different things to different people. However, the more you know and understand your finances within your business, it can help you understand your financial position within your business better. At times we think understanding your financials, refer to knowing how much you pay for your phone account each month, […]
Recently in a Facebook group, I asked the question in a poll format about whether a Business owner thought their Business was, in fact, Resilient, and to what level, including good, average, poor, etc, part of the question was to learn about what Business owners thought was Business resilience and to get Business owners to […]
When we start our business, we think of our risks of being Not having enough clients, or not having sufficient cash flow for the business to operate, causing the business to fail. Often we take out insurance for our business, not based on any actual risk assessment we have completed, however often because it is […]
I thought today, I would look at Business Continuity Planning ( BCP’s), as every business should have a documented plan in place, and one of the main reasons why we document it, is so everyone knows the processes and procedures once something occurs, whether it is a small fire in the kitchen, a flood, a […]
CASH FLOW Cash Flow management is important to any business, especially small to medium-sized businesses. For small to medium businesses, it is often difficult to gain your clients in the first instance; therefore you want to ensure you are earning income from any clients in which you attract. A client, who is not paying for […]
BUDGETING. No matter the size of any Business/Company, cash flow management is an important part of the operations of the business, especially when in the starting phase. One aspect, which assists this, is ensuring you are sending out your invoices as soon as possible after the job/sale is complete and in line with your policies. […]