How often have you wanted a few more hours in the day? I know I have and without a doubt it is the most common request from business owners. Owning a business is exhilarating but it can also be exhausting, especially if you’re having to deal with an overflowing inbox, social media messages, text messages, …
Improving Productivity – the Five-Minute Principle Read More »
So much time and money is put into the acquisition of new customers but I commonly find that a lot of businesses do not put the same amount of effort into their current customers. This can often lead to customer churn and a constant battle of bringing on more new customers than those lost in …
Business objectives and people alignment help your organisation achieve its strategic plan. Without this important link between the business plan and your organisation, it may be difficult to achieve your Vision. Whether you are managing performance reviews or undertaking strategic alignment, our performance management systems help your employees to plan and implement the key activities …
How does your business rate on People Management? Read More »
It’s possible that I spend too much time thinking about how to improve business so it benefits everyone. But sometimes it leads to some pretty funny observations. Take, for example, one of our Best Practices, which we call “Radical Transparency.” Transparency is supposed to solve this problem, and it does — but only if you …
What is your biggest regret in business? When I look back, my biggest regret in business was that I did not engage business advice when I bought my first business. Coming out of a high level corporate role and purchasing a small business was going to be easy wasn’t it? After all, I had managed …
Don’t under estimate the power of conducting a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis. When we are working with clients this is usually completed quite early on in the process to get an overview of a company’s potential and is a key component when developing a business strategy. Below is a reminder of how …
One of the things that we often encounter in businesses we visit is DISORGANISATION – sometimes it’s the boss, sometimes it’s the team members individually, sometimes (but fortunately, not very often) it’s everyone. Other times it’s the office or workshop environment that creates the opportunity to be disorganised rather than the people themselves, but one …
The question of hourly rates is very relevant now. With costs increasing almost everywhere, business margins are being squeezed at a relentless rate. If you are in a service-based industry where your revenue includes a charge for time, then this may be of some interest to you. One of the topics I often debate with …
The majority of business owners we work with do not like budgeting. Whether it is because of a lack of excel skills, understanding the construction of how Profit and Loss or Cashflow statement are compiled or the fact it can be boring budgeting on your own! However, budgeting is revealing and a necessary exercise. It …
Lately, most of us will have been dealing with rising costs in our businesses. In particular, the rising cost of materials. This is not a new phenomenon, but the frequency of rises on materials has hit new highs and is not showing any signs of relenting any time soon. When it comes to dealing with …
