Blogs

Small business growth often requires hefty investment, but there are ways of growing and improving your enterprise without spending a huge chunk of cash. If you’re trying to build your business on a conservative budget, take a look at the following seven...

A sales presentation is an excellent opportunity but it can feel very daunting. However, practice and thorough preparation can go a long way to calming your nerves. If the thought of trying to sell to a room full of people causes you to break out in a cold sweat, then...

Being socially responsible doesn’t mean you have to sacrifice profit. Today, it’s more important than ever to treat corporate and social responsibility equally. What makes a company socially responsible in today’s economy? Looking at ways to reduce waste, give back,...

Every business owner starts out brimming with motivation and enthusiasm, and yet according to the US Bureau of Labor Statistics, 20% of small businesses fail within the first year. Jump ahead to five years and that number rises to a terrifying 70%. These numbers are...

Growing your small business is incredibly exciting, but it’s often a nerve-wracking experience at the same time. Growth requires you to invest a significant amount of time and money, and it can take a while before you begin to reap the rewards. This article contains...

1) Not Matching Sales and Costs Correctly: In construction it is likely that you will have projects that span weeks, even months or years. If you are not allocating sales and costs in the correct periods that they relate to, your figures and margins will be...

1) Speed up customer payments: Consider offering discounts for faster payment. It may sound counter intuitive, but if you offer a 2.5% discount and with the cash injection can clear a loan or credit card at 9% then it may be beneficial. Build a system and use software...

🕒 Time Constraints: Running a business demands constant attention and energy, leaving entrepreneurs with little time to delve into the nitty-gritty of cash flow management. However, taking some time to understand and monitor your cash flow can save you from...

Accurate reporting isn't just about crunching numbers; it's a commitment to precision and integrity. It's the process of translating complex financial data into clear, concise, and reliable information that drives informed decision-making. Here's what accurate...