Do you know how much money you currently have owed to you in outstanding invoices? If not, go and find out now. I've known people to have several thousand pounds sitting around in unpaid invoices that they are 'waiting' to get paid for. In fact, most business owners...
What I'm talking about in this article is increasing your profit by increasing your revenue. Check out this previous blog post too about managing your costs. When you started out in business, THE most important thing was finding clients who would pay you. Now though, you...
It's probably not escaped your attention that Coca-Cola have a new marketing campaign out right now, 'Share a coke with...
Whilst driving about with my husband the other day I happened to point out a car I quite like as I'm thinking about upgrading my car soon. The conversation went something like this: Me: I like the look of that one Husband: Yes, it's 4 wheel drive too (in...
When I ask people how they can increase their profitability, they often assume they need to be increasing their sales. And yes, increasing your sales volume and your average transaction value, is something that you need to be working on to increase your overall profitability, there...
I'm sure it's happened to you. You're passionate about your business and it takes up a lot of your life so you can't help sharing some of it with friends and family. They'll ask you how your business is doing and you reply with an honest...
This follows on from the post on 'Why and what to outsource'. You may have reached the point now in your business where you accept that you need to outsource, and you've even got an idea on what to outsource. But something's holding you back. What if you can't...
When you start off in business it's perfectly natural to want to do it all yourself. For a couple of reasons: 1. You want to learn how to do it all so you understand all areas of your business 2. You're operating on a shoestring budget and don't...
You know that as a business owner you should be working ON your business and not just IN it right? But the reality is that you just don't have the time. There's always something that needs doing urgently, and a to-do list as long as your...
Reality shot - when you're running your own business things don't always go smoothly. In fact, sometimes things go right off the rails and you're left questioning yourself again about why the hell are you doing this? Things will go wrong at times. I know this only too...
