1) Don’t lose money. 2) Make sure you know what your cash break even is (after debt repayments). 3) Always work to a rolling 13 week cashflow forecast – noRead more
1) Don’t lose money. 2) Make sure you know what your cash break even is (after debt repayments). 3) Always work to a rolling 13 week cashflow forecast – noRead more
A happy, supportive bank manager is one of the secret weapons of a successful business. And you’ll know how important it is to keep them on side if you haveRead more
Good book keepers are rare. And particularly in a small business where they tend to work unsupervised, many are out of their depth and can do a lot of damage.Read more
How many of your customers lose you money? Unless you’re looking at this regularly you’ve probably got Your business has a capacity for how much turnover it can handle withoutRead more
I really have seen some shocking things over the last 20 years. I suppose I ought to write a book! Until then, these are the worst things I have seen.Read more
It’s a big problem for far too many companies. You have one, or maybe a couple of large customers that you’ve become reliant on, and probably taken people on toRead more
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