2 min read
Assessing Your Current Product/Service Offering Series
Question 1: Do you know the contribution that each product or service that you offer makes to your overall profitability? The total sales...
4 min read
Why Did So Many Small Businesses Get Into Trouble So Fast At The Start Of The Covid – 19 Pandemic
Sitting here waiting for life to get back to normal or at least whatever the new normal is, I find I have a lot of time to contemplate...
2 min read
Are You Maximising The Knowledge Within Your Business?
When I was a child my parents, like many other parents I’m sure, always told me that I could do anything I put my mind to. I didn’t...
3 min read
Planning with Purpose
Life used to be much simpler. In the past things changed much slower, for instance in the early 1900’s knowledge doubled every 100 years....
4 min read
Who Will Survive and Who Will Fail? Part 3 of 3 Final Thoughts
So far, we have talked about how your attitude and getting liquid can prepare you should we go into recession. However, you could do...
9 min read
Who Will Survive and Who Will Fail? Part 2 of 3 How to Improve Profitability During a Recession
Ask any business owner how well they are doing. The answer invariably will refer to the amount of sales that they are doing. As a...
4 min read
Who Will Survive and Who Will Fail? Part 1 of 3
There has been a lot of talk lately about the potential for a global recession in the near future from which North America would not be...
5 min read
What You Need to Know About Financing Your Business - Financing 101: Factoring
Factoring probably isn’t the first financing tool that you think of when figuring out how to finance your business. In fact, it is...
5 min read
What You Need to Know About Financing Your Business - Financing 101: Leasing as a Tool
When we think about financing our business, we usually think about bank financing and private equity before we get down to leasing, but...
7 min read
What You Need to Know About Financing Your Business - Financing 101: Bank Financing
Whether you are looking for money to start or expand your business, the two key factors you need to look at are the cost of the financing...