Financial

Business case needs one-page simplicity

A business case clarifies communications.

Keep the business case simple, so other’s will understand No one ever said it was easy to write a successful business case. Whether you are starting a new business, securing funding for expansion or a  new product launch, there will always be asking yourself if the whole project is worthwhile. Instead of giving up, keep…

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Customer success journey

A customer success journey is action orientated.

Personal service can make all the difference to customer success Personal service can be your key point of difference when it comes to creating customer success. When you are serviced personally by the business owners, from the initial phone call, through to the successful settlement of the sale, it can be most gratifying. Unfortunately, it…

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Struggles destroy community prosperity

Struggles can lead to failure.

We all seek to overcome the struggles in our lives A mistake or continuing struggles can be devastating but can be averted. Unfortunately, there is a flip side to success; it is called failure. I believe one of the things which cause setbacks in regional, rural and remote communities is the much-dreaded word ‘failure’ as…

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Success can cause failure

Too much success can lead to problems.

Success is usually very exciting Much fanfare with people talking, and sharing stories is often the result of success.  The actual process of achieving great success, however, is far more circumspect.  It is the processes happening quietly, behind-the-scenes, which makes all the difference. We can sell our way to failure if we do not have the finance…

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Considerations before quitting your 'real' job

Quitting is never easy.

It is good business to carefully consider a few things before quitting your ‘real ‘job. Decisions made in haste can be very costly in more ways than one. Before you act, be sure quitting is your best option. Many people have left the so called ‘security’ of their job to follow their dream, only to…

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Advisors enhance people's success journey

Stop struggling while others are succeeding.

Advisors come in all shapes and sizes Many owners and managers tend to manage by ‘gut’ feel, which can cause unnecessary problems, frustrations and stress. Statistics show that up to 80% of business failures could have been avoided if they had used advisors. Why would you be any different? Traditionally we looked to the accountants, solicitors…

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Planning mistakes limit good outcomes  

Analysis can deliver inspired results.

Planning mistakes often involve too much information In avoiding common planning mistakes remember business plans are not measured by weight. When is a 25-page business plan better than a 200-page business plan? The answer is always, small enough to do the job. You will find that most investors have a mental checklist of five to…

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Business failure, avoidance strategies

Wrong strategies lead to business failure.

Business failure is all too common Business failure is all too common, particularly for new businesses, or businesses that have become complacent and can happen to anyone. The rate of business failure has been fairly constant for a long time, around 70% to 80% in the first year. Only about half of those who survive the…

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Protecting family, business, lifestyle

Insurance is one way of protecting your future.

Without protecting it, your life can be suddenly turned upside down. Protecting family, your business, your employees, yourself and your lifestyle are critical. Tomorrow you could be in a fatal car accident or struck down with an illness. This could  leave your businesses and family in a very insecure and risky situation. No money and no hope.…

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Capital, businesses most critical resource

You need capital to start most businesses.

Capitalise your business properly or suffer the consequences  Positive working capital is required to ensure a business is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and impending operational expenses. The management of working capital involves managing inventories, accounts receivable, accounts payable and any cash. Disposal…

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