Using Numbers to grow Sales, Profit and Cash

Using Numbers to grow Sales, Profit and Cash Business owners seeking improvement will benefit by adding the following to business growth plans and strategies. Consider the impact of the numbers below on your product or service and your market.   The numbers to consider are those that guide you to the desired outcome of sustainability,

5 Steps To Supercharge Your Stock Management, Cash Flow and Profit!

Do you want simple ways to better manage your stock?   Here’s 5 Steps to Supercharge your Stock Management, Cash Flow and Profit Firstly, think of stock as dollar bills piled up on your stockroom floor! To reduce the money tied up in stock you need to manage it better. Step 1 – Getting The

Q&A – The Seven Key Numbers that drive Profit and Cashflow

This is the second in a series of articles on the ‘Seven Key Financial Drivers’. They are: Revenue Growth Price Change Cost of Goods   Overheads% Days Receivable Days Payable Days Inventory  Before we get onto the subject of Price Change specifically, let’s firstly explain what ‘Key Financial Drivers’ are.   Many Business Owners look at

Maximising Sales, Profit and Cash

Want more sales for your business? Sales, profit and cash are the key issues to focus on in business financial management.  If you can get these three working right,  you’re well on your way to building a sustainable business with capacity to grow. Most people focus on sales to begin.  I’d like to start with
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Trimming costs can sometimes add better profit than selling more

Looking for better cost management ways for your business? Business owners/managers will often place more focus on selling than on buying, and that’s natural.  You may be surprised though, if you can spend a little time looking at your costs, at how much you can improve your profit.   A small reduction in costs can

Why profitable businesses can go bust!

Want to know how to avoid business failure? If a business is selling plenty of products or services and buying labour and parts at the right price, how is it possible for it to go bust? Cash is more often than not the reason why so many businesses fail.  Profits can’t be spent until they

Six steps to better job management and profit

Like to make job management more efficient and profitable? With so much going on in business, it can be a daunting exercise to know what to work on first to create improvements.  Everyone is busy doing their job and trying their best to deliver good service to customers, but it’s not quite working the way
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The Seven Key Numbers that drive Profit & Cashflow

Like to make more profit in your business? Do you ever look at the reports from your accounting software and get bamboozled by all the numbers?  Do you not bother printing out the reports at all because you aren’t sure which numbers to look at and you don’t have the time anyway? You’re not be
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The 7 Key Numbers that Drive Profit and Cashflow

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Trimming costs can sometimes add better profit than selling more

Business owners/managers will often place more focus on selling than on buying, and that’s natural.  You may be surprised though, if you can spend a little time looking at your costs, at how much you can improve your profit.   A small reduction in costs can often achieve a far better result on the ‘bottom