People who are self-employed generally like to stay that way. If they sell a business they quickly start another one, and successful owners seem to have a ‘knack’ for coming up with good ideas for new businesses. This ability is based largely on their experience and on a set of values or standards that should …
“This is not my responsibility” is unfortunately a sentence which is heard more than it ever should be in businesses. One of the common factors I find when working with underperforming teams or organisations is a lack of clarity around roles and responsibilities. As a result, tasks are completed to a lower standard, or people …
Business consultants spend a lot of time talking to clients about staff issues – and all too often it’s because someone on the team hasn’t acted in a way that the boss would have done “back in my day”. It’s a tough one – often the employees are younger, therefore from a different generation, and …
How easy is it to sit at your computer, banging out reports, drafting emails or surfing the internet, but come 6 o’clock you wonder what you’ve actually achieved? If you feel like you never have enough time in your workday, there are a few changes and habits you can make that will help. In an …
Improving Productivity 2 – the Five-Sentence Principle Read More »
6 COMMON Areas of untapped potential. Are you “Niche Marketing” your products or services for maximum lead generation and profit or do you generally do the same as your competition? Effective marketing is changing at an alarming rate and if you present yourself as a “Jack of All Trades” you may soon be seen as …
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 …
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 …
One of the first questions we ask of our new business clients is, “when you started this business, what was your dream?” You would not believe the wonderful and exciting answers we get! The sad thing is that many we talk to have “lost their dream”. The worries of business ownership get in to their …
In your business, are you the: Sewer? (The clothing type – not wastewater!!) Mower? Rower? The Sewer They are the fixers. They spend an extraordinary amount of their time (perhaps all of it) working on things in their business that are broken, or in need of repair. On the face of it, it would appear …
One of the biggest reasons for business failure in Australia is not businesses not making a profit but would you believe bad cash flow management. This can be caused by several reasons. The most common are: The business is growing too quickly and does not have sufficient access to cash to fund the growth. Ignorance …
