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Business owners: Are you keeping your eye on the ball, or the scoreboard?

Jan 15, 2019

The principles behind winning in business and winning in sport are similar in many ways. Take tennis, for example. If you’ve ever watched a match on television, you’ll know that along with all the hitting, running and grunting there are a lot of numbers involved. And...

Small Business, Big Decisions: Why savvy business owners ‘rent’ CFO-level experience

Jan 6, 2019

Larger businesses have a Chief Financial Officer (CFO) on staff. But what can small and medium sized businesses do in this regard? Clearly, larger businesses can afford an in-house CFO. But it goes beyond an affordability issue: Large, successful businesses also...

It Pays Off: 7 reasons business owners should pay themselves a salary

Dec 26, 2018

Think back to the days before you started your business, when you were working for a boss. Chances are you were rewarded for your hard work with a regular salary. It may not have always been the same amount, but it came through like clockwork. And for the next week,...

High staff turnover? 5 steps to reduce employee drain…

Dec 19, 2018

As a business owner, do you or your managers spend a lot of time recruiting, conducting exit interviews, and onboarding new staff? When the ‘revolving door’ in and out of your business doesn’t stop revolving, it can impact so many parts of the business that it soon...

A Trap That Causes Many Businesses To Go Broke, While They’re Making a Profit

Dec 5, 2018

There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory. As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A business can make a lot of sales, have...