Jan 28, 2024 | Budgeting, Business planning, Business Success, Money, Profit
Sales forecasting is such a valuable element of business planning. It is the underlying plan of all plans! This is so because when sales forecasting is done right it can enable the business owners or managers to: be comfortable when making business decisions course...
Jan 21, 2024 | Business Success, Expenses, Operational Gearing, Profit
Understanding the different types of business costs is crucial for effective financial management. Because your profit will depend on the types of costs that prevail in your business. This blog looks at the relationship between the types of costs in your business and...
Dec 4, 2022 | Money, Profit
How much should I charge for my time is question I am often asked. A great question by the way If you’re like most small business owners and entrepreneurs, you’re always looking for ways to earn more money. But how do you know what to charge for your time...
May 16, 2021 | Accountancy, Budgeting, Business performance, Business planning, Cashflow and lockdown, management accounting, Money, Profit, Self employed
Do you know What is the difference between cash and profit ? The majority of the time, people think that businesses only need to be profitable for them to last. But even the most profitable businesses go under, and often for a single reason. It’s because the people...
Mar 7, 2021 | Accountancy, Business planning, Management Accounting, Money, Not For Profit Organisations, Profit
This weeks blog and video continues with pricing, moreover How you should price your products, and how to calculate your product prices . In addition you need to know this when developing pricing strategies for your business. Our video goes through this So, if your...
Feb 1, 2021 | Accountancy, Budgeting, Business Success, Profit
What is profit? There are several important elements that make up your business story, some more important than, some less important than others. However, I think it would be safe to say that ‘profit’ is one of if not the most important element. Without profit where...