Profit is not an accident
Wouldn’t it be great to have a waiting list of clients wanting to buy your product? I know the owners of a business who are in this exact situation. Yes, they have a long list of clients waiting to buy their product. For many budding entrepreneurs, this is dream come true. But despite their blissful situation, these business owners still …
Recently, I attended a women’s networking event where the guest speaker was Jessica Rowe. She told us how she moved through her career and touched on her personal experience with depression. Here’s a short version of the story. Jessica’s mother suffered from depression, and as a child she would watch her go in and out of the hospital on many …
Struggling to get it all done? Is your workload piling up? Don’t have enough hours in the day? If you are a mother and entrepreneur who wants to build a lucrative business while trying to raise a wonderful family, you have a lot on your plate. Up early in the morning to prepare the kids for school and sneak in …
As a business owner, it is frustrating when a client does not pay on time. And it gets worse when he refuses to honor his debts. What more, you now have to deal with the unpleasant task of asking for your money back. One of the things I have learned working with small business owners is that many companies have …
Most of us will agree that copying is bad. At school, we are trained not to copy. We are punished if we are caught regurgitating the ideas and thoughts of our peers. We are taught to think for ourselves, to justify our own logic, to prove our point. This is why, in business, we find it frustrating when our competitors …
“Under promise and over deliver,” so goes the age-old business adage. You must have heard of this saying a hundred times from CEO’s, entrepreneurs and small business owners who hope to exceed their customer’s expectations. To what end? In the hope of gaining the customer’s trust, recognition, and repeated business. This well-known approach of providing excellent customer service encourages businesses …
Want to generate more profits? Of course, increasing turnover and enhancing product margins are all common methods of improving the company’s bottom line. Have you considered these options to reduce your overheads? Every dollar you can save in overhead costs goes straight to the bottom line. Whereas, only a portion of a sales increase turns into profit, because of the …
Recently I ran a full-day workshop for clients. Many of the attendees seemed to find the workshop enjoyable and helpful. They actively contributed to the discussions in all sessions. There were great vibes in the room all day long. But you can never tell how you impact others until you get their feedback. Then I read the feedback forms… Truth …
Let’s face it: running your own business is tough. Being a Mum is tough. Putting the two together is plain crazy. Yet, I wouldn’t have it any other way. Fulfilling my role as a wife, mother and small business owner brings me great joy and satisfaction. This is why I happily invest my time and energy in growing my business …
When I’ve made the decision to start my own business, I knew it would be hard. I didn’t know exactly how hard it would be yet I knew that building a successful company would take time. I knew it would take a lot of blood, sweat, and tears to gain the freedom and flexibility I desired. While I’ve fulfilled my …
Running a successful business is like building a home, it takes a lot of hard work and essential materials. It certainly helps to adhere to the fundamentals of good business management. To say that these foundations can help you reach your most ambitious business goals is no exaggeration. So here are the most important pillars you need to run a …
You’ve reached the decision to sell your business maybe now, in 12 months or in three years time, how much will it be worth? As any reasonable owner, you want to maximise the sale value as much as possible. But how is a small business valued? How to Calculate the Value of a Business for Sale As a general rule …
