Business Advisory Services Archives - Page 7 of 8

How to get your Bank Manager to sanction your loan application

Financial skills are one of the most important skills to master in business. You will need financing at some stage in your business; beginning, expansion, or for equipment purchases. Understanding what a lender will be looking for and being able to provide it, will improve your chances of financial success. Financial Ability to Repay One […]

Discover 7 Common Causes of Cash Flow Problems in your Business before it is Too Late

Cash flow provides the necessary fuel to propel your small business forward. Cash flow problems can lead to an insolvent business structure and are a leading indicator of a failing business. Here are 7 of the most common causes of cash flow problems in small business and solutions to help you avoid them: 1. Lack of […]

How to Create a Compelling Vision for your Business

Your company’s vision statement is the statement of its potential and of what you want your business to become. Your vision statement should be meaningful to you and your organisation. It should be shared will all of the employees in your organisation in order to create a unified direction for everyone to move in. Crafting […]

Am I in the Right Business?

Are you tired of working constantly without a vacation and having the money to show for your efforts? If you are wondering whether you are in the right business, consider the following questions: Do you know the ins and outs of your business? Understanding the ins and outs of your business and the industry that […]

Plan to succeed

How did you spend your Christmas break? Often for many small business owners, it’s a great time to catch up on a few of those administration jobs that you’ve been putting off. Or, without the ‘phones ringing, it’s an ideal time to focus on some strategic tasks. I’ve just finished a 32 page draft of […]

5 Ways to Handle Bad Debts

Debt Affects Everyone More and more families are saddled with debt nowadays. The average American family is in debt to the tune of $12,000, the average UK family to around £8,800 sans mortgage. Even students are getting affected, with those attending various courses having debts ranging from $8,000 to over $20,000. Businessmen are in no […]

31/10/2007
Mark
Accounting and Tax, Business Advisory Services
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Should you or should you not buy your equipment? Often at times, we are faced with the decision of whether to simply purchase the office equipment we need or lease it for the time being. Depending on your needs, there are upsides and downsides to both leasing and purchasing. Before deciding one way or […]

25/10/2007
Mark
Business Advisory Services, Business Consulting, General
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Employers have come to realise that one of the best things they can do for their business is to get feedback from their own people. While listening to customers’ suggestions and complaints is important, soliciting the input and ideas of employees can be priceless. What You Learn from Listening Your employees are your “contact […]

Firing employees: The right way and the wrong way

It’s very common nowadays for managers to resort to extreme measures such as firing employees just so the business or company can stay afloat. Then there is the other, more common reason for firing an employee. That is, when an employee has become a non-performing asset, a liability so to speak, he or she is […]

17/10/2007
Mark
Business Advisory Services, Business Consulting
No Comments

Starting on the path of business is hard and choosing the specific path is even harder. Nevertheless, no matter what path you choose, there will always be risks that you’ll have to take when starting a business. Going into business, though, doesn’t always have to be a leap of faith. Although there will always be […]