by Jim | Jun 15, 2022 | How to
Larger companies prepare regular budgets or forecasts. Yet, in most owner-managed businesses there are no budgets or forecasts. Ask them why and they’ll give you all sorts of reasons. They haven’t got time. The current climate is so uncertain its nearly impossible to...
by Jim | Jun 2, 2022 | How to
I remember once attending an Insolvency Update. One of the speakers, who regularly works on examinerships, commented on the lack of good accounting information in most of the companies that go into examinership. This really struck a chord with me. In most of the...
by Jim | May 30, 2022 | How to
Cash collection is often an an issue for businesses. It’s very important to find a working way to be able to implement cash collection since giving credit is at times unavoidable in many businesses. Over time, I have accumulated a number of tips you can use to...
by Jim | Mar 30, 2017 | Managing
One of the most common problems for self-employed people is achieving or maintaining a good work/life balance. I recently had a client who was finding that he was overwhelmed by the amount of work that had to be done and was seriously considering pulling back from the...
by Jim | Mar 10, 2017 | Managing
Do you know much it costs you to open your doors in the morning? Thats the easiest way to predict your business costs. There is a friend of mine, a retired banker who describes business owners in control of their business as ‘they know exactly how much it costs them...
