Smart Owner Part 3: Is Stock like Money in the Bank?
Why is it that some business owners look at their Stock as though it is “money in the bank”? Why might this thinking be wrong and what can be done to fix it?
What is the right amount of stock? A challenge for every business owner.
How … Read more
Smart Owner Part 2: Break-Even Point on a Napkin
Don’t be embarrassed. You are not the only business owner who does not know how to work out their Break-Even Point. Right now, it might be pretty handy to know what it is.
If your sales are less than that magic break-even point, you will be … Read more
Beware of Zombies… they might destroy you.
Sounds dramatic, but this is frightening and it’s real. How will you know that your next business customer is not one of them? Or one of your old customers has just joined the ranks of the Zombies?
We are seeing the dangers everywhere … Read more
The Smart Owner Part 1: Those Magic Profit Levers
There is currently plenty of good C-19 advice aimed to help business owners; get through tight cash flow periods, find the subsidies they deserve and manage their remote workforce from afar. All good stuff but it can take your eye off the ball. No … Read more