COVID 19 – Business Cash Flow

COVID 19 – Business Cash Flow

COVID 19 – Business Cash Flow You may have escaped hearing about the COVID19, the affect on individuals and business – likely if you were living on Mars. The purpose of this blog is to look at COVID 19 – Business Cash Flow. What is clear cut is that our...
Gross Profit and Net Profit

Gross Profit and Net Profit

Gross and Net Profit In our last blog we looked at profit and saw that it is more Important than Sales. This week we will go one step further and look at two types of profit, Gross profit and Net Profit.  These are profits you would typically encounter in your...
Profit is More Important than Sales

Profit is More Important than Sales

Introduction One of the main reasons that businesses go under is because of the confusion between cash and profit. Which is more important? What really keeps the business going? Well, Profit is More Important than Sales Here’s an easy way to look at it. Serena decides...
Business Plan: Final Steps

Business Plan: Final Steps

Business Plan: Final Steps This blog looks at your Business Plan:Final Steps.  It follows on from our previous blog where we mapped out the initial stages. Management People reading the business plan need to be given an idea of why they should have faith in the...
Writing your business plan

Writing your business plan

Writing your business plan Writing your business plan is a smart way to map out your future business story.  Loads of businesses don’t bother writing one, and then again loads of businesses don’t survive and thrive. A good business plan focuses the mind, brings...