Net Profit – It isn’t what you think it is by Sean Foster | December 03, 2020 | Newsletter At face value, one would naturally assume that the difference between Gross and Net profit is that Net is Net: the final, final! So, if I am reporting a healthy Net Profit then...
I do still find that there are some businesses out there that still have no dashboard or any form of indicators that track overall business performance. And when I say none, I am also referring to those that seemingly only use the bank balance as their barometer....
B H A G (B-hag) or Big Hairy Audacious Goal is an idea conceptualised by management guru Jim Collins in his 1994 book: “Built to Last: Successful Habits of Visionary Companies”, co-written with Jerry Porras. If you have not read this book, then I strongly encourage...
Do you know of anyone who just seems so organised that you wish you had some of their magic power? I remember when I started out in my career. When I was running around like a headless chook, grabbing onto each and every opportunity. At the same time being supportive...
As small business owners, you contend with a host of issues on a daily basis. Over time, you develop resilience in handling the curve balls that are thrown your way. Then, after a good day’s work, even though you will likely say that it was moderately stressful, you...
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