Strategies to increase revenue
We’ve been looking at how visualising your business numbers can help you make strategic decisions in your business. In this article we’re looking at how to decide where you should grow your sales.
We’ve been looking at how visualising your business numbers can help you make strategic decisions in your business. In this article we’re looking at how to decide where you should grow your sales.
For many businesses, the two major costs they experience are: Cost of Sales and Wages. Understanding how each of these main costs impact your business means that you can make better decisions to move your business to the next level.
Every business transitions through phases of insufficiency and surplus. Keeping consistent and accurate records help in gauging the status of your business. However, once you realise your business is not following your laid out plan, craft a restoration plan as soon as possible. Here are four tips to help you reclaim the situation.
Starting and running a small business can be exhilarating and daunting. In the excitement of launching a revolutionary product or service, the complexities of running a business can be overlooked. But don’t despair, a business consultant can help you plan, manage and organise your business, so you can focus on what you do best.
Free cashflow is the lifeblood of business, not only is it a sign of profitability but also provides a resource to help you grow your business into the future. Free cashflow is what’s left after all your expenses – think rent, wages, finance repayments, taxes. Having enough free cashflow in your business eliminates one of the most common business owner headaches – and taking control is not so difficult – it just requires a little planning, enlightenment and system changes.
If you’re always looking backwards, you’ll never see what’s coming.
Start looking forward – live accounting combined with predictive forecasting is the answer to see into your business’ future.
It’s no secret that cash flow is the life-blood of any business. Discover simple ways to generate more cash flow into your business quickly.
When you know some key pieces of information about your business you can make much better strategic decisions – such as knowing how your different options will impact your bank account. Make sure you implement the best strategy for your business, and save time and money in the process.
