Your Balance Sheet tells you whether the value of your business is going up or down, if the business is properly funded, and whether the working capital is at a healthy level. Profitable businesses can, and do, go broke if they have a weak Balance Sheet.
Understanding your numbers is critical if you want to control your business (instead of your business controlling you). Your Profit and Loss Report measures the overall efficiency of your entire business - enabling you to review your costs to improve your business’s profit and, ultimately, its value.
Do you ever get to the end of a work day and wonder where time went? You barely dented your list, let alone completed it. Delegation is a great way to free up time. Pass projects to existing team members, new recruits, or to outside contractors. But, is it that simple?
A robust step-by-step process helps with most areas in your business. This is particularly true in sales. Establish your sales process with the team to ensure you maximise every opportunity and identify areas to fix.
Advances in technology have impacted the way customers research your product and buy, making sales more challenging. Boost your sales using valuable referrals, offer free trials or consultations and do your research on customers needs.
You've heard of The Marketing Funnel, but what about The Marketing FLYWHEEL? This is the continuous cycle with which you attract, engage and delight your clients to build sales momentum, and most importantly, a pool of happy clients who advocate for your business!
Have you ever been in a meeting with your accountant, hearing how much profit you’ve made and being congratulated on a lift in performance, but in the back of your mind you’re wondering where the cash is and how you’re going to make payroll tomorrow? Don’t worry, you’re not alone!
Creating a new habit such as an exercise regime, a new process at work or a change in routine can be hard. Here’s the key: Tackle one thing at a time, start with smaller steps and manageable change and create a commitment strategy with others.
Have you explored Deep Work? The way you structure your day has a huge impact on your outcomes. Minimising disruption and distraction to achieve 'flow' will boost your productivity, eradicate multitasking, improve focus and grow efficiency.
IRD are rolling out the next phase of their business transformation project this month and as a result a number of their key services are unavailable from 3pm Thursday 18 April to 8am Friday 26 April 2019.