Thursday October 27, 2011 at 9:00am
When it comes to the success of any small business we are all reliant on the hard work and commitment of our staff. As a business owner myself I really appreciate how important my team is in delivering exceptional accountancy services and business advice to our clients. Reading through a newsletter recently from one of the accountancy trade bodies I came across this advice on motivating staff which I thought was worthwhile sharing. Understand your staff - Employees are motivated by what they get....
Thursday October 13, 2011 at 9:30am
Cash is king. How many times have you heard that? Too many perhaps, without a full explanation of what it really means.
When business advisors and accountants talk about ‘cash’ being king they are really warning against the dangers of overtrading – in other words celebrating the success you’re having in selling without paying adequate attention to the overall financial health of your business.
You’d think that sales growth was a good thing – but if you exp....
Thursday October 6, 2011 at 9:30am
Times are tough and they are likely to remain challenging for many businesses. So what do businesses have to do to ensure that they succeed in the economic environment of the next few years?
There is no ‘one size fits all’ answer to this business planning question. Different businesses will have different requirements but here are a few tips observed in businesses that have succeeded in past tough times:
Put your customer first For the next few years, arguably more than ev....