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...
For many, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve. To a successful business owner, however, the word ‘budget’ has a very different meaning. It’s more like a map than a...
Tools for Strategic Planning If a company is operating without any strategic planning, then an imminent loss or slow progress can be anticipated. Strategic planning plays a pivotal role in the success of any business. It cannot be overlooked, neglected or considered...
How does Financial Planning help with your Strategy for Your Company? When it comes to accomplishing the goals, one of the most integral parts is financial planning. It is planning that determines the future of a company – the better planning is, the more are the...
Uncommon Employee Benefits Of course, all employees want as many benefits as possible. It was established long ago that to attract the top talent and skill, a small business owner needed to offer more than just good pay. However, only because an employee asks for the...
Employee Versus Contractor With all the clear pros to hiring an employee instead of a contractor, it should be apparent when faced with such a decision – except that there are also clear and distinct pros to hiring a contractor instead of an employee. This is to say...
