Resilience seems to be a bit of a buzz word at the moment. I found this quote on the internetBusiness resilience is the ability an organization has to quickly adapt to disruptions while maintaining continuous business operations and safeguarding people, assets and overall brand equity. … Business resilience planning is sometimes referred to as business continuityContinue reading “Resilience”
Category Archives: Uncategorized
Should you turn business down?
11 Reasons why you might consider it. It was 10 but I thought of another! The potential customer doesn’t align to your valuesDon’t compromise on your values – it’ll end in tearsJust say No Thank you! Or price yourself out the market but don’t just ignore them Potential customers credit rating is less than zero.UnlessContinue reading “Should you turn business down?”
How can I get cash in my business NOW?
Is there a creditor in your business you’ve forgotten about like the VAT, PAYE, or a supplier or even you’ve got the wage to pay at the end of the month? I had this issue a few times in my business – not always of my own making eg. Amazon suddenly decide to delay paymentContinue reading “How can I get cash in my business NOW?”
Have you got a Cashflow Forecast?
Why you should have a cashflow forecast1. Avoid running out of cash and going bust!2. Prepare for large cash out goings eg. VAT, rent, wages3. Sets a target for sales4. Avoids over trading5. Helps grow the business faster in a controlled and sustainable way6. Helps plan the cash gaps7. Helps with budgeting and controls spending8.Continue reading “Have you got a Cashflow Forecast?”
How do you price up your services?
How do I price up my services? Pricing up services is a lot more difficult to do that pricing up products. And neither are an exact science! It needs to be approched from several different angles and and average taken – along with good old gut feeling (but be brave!) First off work out howContinue reading “How do you price up your services?”
What’s the difference between Features and Benefits?
If you’re not careful in creating your marketing copy, you may inadvertently end up with features laden descriptions of your products or services. This can be unfortunate, in that most clients and customers will base buying decisions on the benefits they perceive the product or service to provide, not its features. Most of us haveContinue reading “What’s the difference between Features and Benefits?”
10 Tips to make running your business easier and more profitable
In my travels around businesses in Dorset I sometimes find there are small changes business owners can make that can make a big improvement in the way their business runs and the profits they make. I thought I’d share a small section of them with you . . . . . Know where you are goingDo you get in yourContinue reading “10 Tips to make running your business easier and more profitable”