Here is our invaluable Downturn Survival Guide for Business Owners. Having helped many clients through times over the past few decades, we put our collective experience into a checklist of those practical and clever things we should be doing right … Read more
Why is cash more important right now than profit?
How much cash is tied up in your business? It is easy to see. Every time you look at a set of accounts, the balance sheet shows you the breakdown.
Of particular interest is that component that is the liquid part … bank accounts (positive or … Read more
“How’s your business going”?
Often the answer is friendly, “good”. But a more thorough questioning may reveal that the owner really doesn’t know what’s going on inside his or her business.
Does the business owner intimately know the … Read more
Proper structure plus good conduct delivers great performance
A wise colleague of ours always said, “80% of business problem can be attributed to inappropriate structure”.
Yet we often hear business owners proudly say, “We have a flat management structure”. They see it as a symbol of the friendly … Read more