Taking Charge of Your Profit and Loss Statement for Business Success Running a successful business involves understanding your numbers. Your Profit and Loss (P&L) statement is a hero in this aspect. It’s a report that helps you keep track of your revenues and costs and allows you to make strategic moves that can boost your […]
Success with Business Mentoring: Why It Works Navigating the changing tides of business can be challenging. Getting a mentor is one of the critical success factors. In fact 70% of all successful businesses that survive their first 5 years have a business mentor. The dilemma many business owners and directors face are distinguishing the exceptional, […]
Business Success: Straightforward Steps for Every Entrepreneur As a business owner you understand that running a business is a tough gig, so here’s a straightforward, no-nonsense guide to exit planning that helps you scale up and get exit ready. 1. Engaging with Your Customers: Let us start by talking about your customers. They’re the lifeblood […]
Navigating Success in Business: Practical Lessons from Baroness Karen Brady Baroness Karen Brady tells how to get more successful in business with a story of courage and tenacity. From choosing to work over university to steering a billion-pound company and impacting legislation in the House of Lords. Baroness Brady, being the first female director of […]
“ACCOUNTING – is possibly the most boring subject in the world. And it is also one of the most confusing. But if you want to be rich, long-term, it could be the most important….” I’ve been working with entrepreneurs and business owners for many years. One of the most common themes is either the fear […]
This is the story of how Nick Wheeler, Founder of Charles Tyrwhitt, built a more successful business. Nick’s opening comments reflect his humble nature, “I feel like the most scruffy person here in the presence of so many smart people!”. This, of course, belies the steel and tenacity of a man who has been bust […]
Your chances of success in life and in business are statistically improved by having the RIGHT mentor, where valuable connections, timely advice and moral guidance can accelerate the journey to your success. How to Accelerate Your Success with a Business Mentor The main benefits of having a business mentor are: A good mentor has been […]
The balance sheet is a snapshot at a point in time showing the assets and liabilities and the net value of your business. It shows you what value the shareholders’ funds are and therefore what’s the value of your business is in very simple terms. Understanding your balance sheet with boost your business success. It’s […]
Having a handle on your cash flow is one of the most important aspects of business management and business value. This is because cash is the life blood of any business (even not-for-profit and social enterprise). Here’s how to master cash flow forecasting for more business value. Money makes the world go round!! Cash Flow […]
How do your get more value from your business? Understanding your numbers is the big step. One of the biggest costs that most businesses face is the cost of employees. It’s not just the cost of salaries that need to be accounted for, but a wide range of extra benefits often offered such as medical […]