Why Understanding Your Business’s Sustainable Growth Rate Matters
Most businesses have some form of growth ambition, either to make the business more sustainable, to build asset value, or to create the income that…
Virtual Shareholding: The Strategic Advantage to SMEs
Introduction I struggled to find hard data on why high-performing employees leave a business, after all, these are the exact people we want to retain….
Implementing Profit Sharing: Driving Employee Engagement and Financial Performance
Profit sharing is a powerful tool that can further develop your organisation’s employee engagement, financial performance, and company culture. It is not a quick-fix, short-term strategy to be used to fix poor employee engagement or poor company culture
Stay Ahead of the Game: Leveraging What-If Scenarios via MRR’s
In any business, success truly depends on knowing the numbers. I have met too many companies who continue to do their ‘thing’ with scant attention towards the financials. Some get away with this while the wind blows in the right direction, but we all know that does not last forever.
The Importance of Budgeting and Creating What-If Scenarios, Backed by Neuroscience
Budgeting, AKA: Planning, for Success. In neuroscience, the concept of cognitive laziness is rooted in the brain’s tendency to rely on well-established neural pathways and past experiences…
Why Local Manufacturing is Becoming More Attractive: A Look at the Shift Away from China
In recent years, I have witnessed a growing trend of businesses moving out of China for manufacturing to other Asian countries or back to New…
6 Major Cash Flow Fails And How To Avoid It
Many SME owners will resonate with this sentiment. In fact, poor cash flow is one of the biggest reason why one out of four companies doesn’t survive past their first year.
SMEs simple guide to Cash Flow 101
The ultimate way to know for sure if you are on top of your business is to know where the money is going at all…
Cash Flow: 3 Effective Management Tips for your Business
Business owners who are not able to efficiently manage their cash flow are almost always doomed to crash. Poor cash flow management…