Ask a group of "Small Business Owners" and Entrepreneurs "what is the number one issue that is hampering you in growing and developing your business", and more often than not the answer isn’t “Funding constraints” or even “Market access” it’s invariably:- “Time - I just can’t seem to find the time to get everything done." The constant rush to do things, to keep up with the email inbox, and operational demands of the day mean many business owners are just happy just to survi
Your immediate response (after you have gotten over feeling like someone has stolen the wind from your sails) will probably be:- . “You’ve got to be kidding!” “I know they’re not too high, we didn’t pull these prices out of a hat! We have done our costings, other companies have got to be that high, and our costs are barely covered here, we’re absorbing a lot—how can they say our prices are too high? - Well hold that thought. The real question you need to ask yourself is….
We consistently hear about, and intuitively know the importance of work-life balance. But whilst we all know it's important, sometimes we find it hard to keep on track, with that in mind I have included the below recommendations originally suggested by Sujan Patel an Entrepreneur and Marketer. StartFragment 1. Understand what “balance” means. Stand straight up with your feet a little ways apart. Now, lean over significantly to the right. Are you still standing? I hope so! You
We all appreciate the importance of good clear communication when speaking to our peers and people that we wish to impress. And front and center in making a good impression is being able to avoid putting your “foot in your mouth” when trying to get our point across to other people. With that in mind I have complied below a list of are some words and phrases to avoid.... unless you want to look like a dill. Firstly WORDS THAT AREN’T REAL (i.e. made up words) . Cromulent – Does
When a business approaches me looking for a high quality Chief Financial Officer to assist their business, it is my usual practice to place one of the experienced part time CFO's from the team that I am already working with, however a couple of weeks ago we were presented with a role that required something a little different, and so I decided to go to market and placed an add on Seek…… WELL the result was overwhelming with over 100 applications coming through, and yes whilst
There is lots of advice being thrown around at the moment about how to help companies survive and prosper through tough times. However, the question is..."who is giving the advice". If you want advice you need to be speaking with someone with the right knowledge and experience to give it to you. Economic downturns and recessions are the “winter” period in the economic cycle. This is the time when the "true mettle" of the business's CFO is put to the test to lay the foundatio
Oddly enough, it isn't the truly terrible employees who cause the real problems. Whether clearly incompetent or unbelievably lazy, they're easy to spot. So although it's never fun to fire anyone, at least you know there's a problem--and you can quickly let the person go and move on. The real problems are caused by employees who appear to be doing a satisfactory job but meanwhile act like what a friend once called an "insidious cancer," slowly destroying other employees' perfo