We have many blogs about financial information and how it is the foundation for improved profitability and cashflow. Here’s a selection all rounded up and in one place for you.
We looked at how costs and processes get embedded in a business and stay there, like fossils, for years and years, eating up cash, when they don’t need to be there at all!
Here’s a 40 minute webinar on How to Improve the Profitability of Your Business. It’s full of practical ideas for profit improvement that you can use today!
It’s great to grow sales, increase in size and be busy but do you know where your profit is coming from and where it’s not?
The ideal progression is for the part-time FD to make most of the job redundant by training other people to do it and ensuring that things which are fixed stay fixed.
Look at your competitors and see what fronts they are fighting on (or not) and look beyond your own market for ideas about how to position your business so it stands out from the crowd.
Your main bank account will certainly look to be short of money. But that’s partly the point! The second very powerful benefit coming from the exercise is that your main bank account should have a lower balance and this should act as a trigger to do something about it.
Profitability, productivity and pricing – the three Ps are key ingredients to improving your bottom line. We can help your business understand them, change them and increase profits as a result.
There’s no point having a client contract which either doesn’t make money or doesn’t pay you in good time. This doesn’t just apply to potential new business deals; it applies across your entire client base.
Many businesses will focus on sales as the key driver for success, but anyone can make a sale if the price is low enough. Profitable sales are more important than any sales.
