Successfully implement and embed change in your business Eight ways to successfully implement and embed change in your business Research by Kotter International found that more than 70% of change projects within a business fail. Why is this? The research findings show that employee engagement is the biggest factor. Whether it is a small change […]
How to regain control of your business
How to regain control of your business Not all business owners want to grow their business. Some may just want more control. Afterall, your business is there to serve you; you shouldn’t be a slave to it. So, how do you regain that much needed control? There are three essential tools all businesses must have: […]
Marketing can be everyone’s responsibility
Marketing can be everyone’s responsibility You don’t need to be in the sales team to make sales. And you don’t need to be in the marketing team to promote your business to new customers. Marketing isn’t just about Facebook ads, email marketing and other marketing campaigns. Winning a new customer can be the result of […]
Understanding Your Statement of Cash Flows
Understanding Your Statement of Cash Flows The statement of cash flows, (also known as the cash flow statement), shows how your business has generated and used cash (and cash equivalents) within a specific time period. For each of the reporting categories, receipts and payments are listed (money in and money out), and this is reported […]
What does an accountant do?
What does an accountant do? The best accountants can do much more than just tax and compliance work for your business. They’re troubleshooters and strategic advisors for small business. Basically, having an accountant means that you can operate your business with more clarity and confidence. Whether you’re working to get a startup off the ground, […]
Understanding Your Balance Sheet
Understanding Your Balance Sheet To understand the financial position of a business at a specific point of time, look at the balance sheet. The balance sheet may also be called the statement of financial position. Together with the Profit and Loss Statement, and possibly other reports such as the Statement of Cash-flow, these reports provide […]
Create the perfect business plan
Create the perfect business plan To solidify where you want to go, creating a solid business plan should be one of your first goals in your business. An official, written plan helps you define your vision, see what problems need solving and proves to banks, investors and lawyers that you’re serious about your business. It […]
Good leadership is more than business acumen
Good leadership is more than business acumen Being the boss isn’t just about getting the strategy and financial management of your business right. It’s also about becoming a good leader who can get the best from your workforce. With the right leadership style, you keep your people engaged, happy and motivated to get the job […]
Why bookkeeping is essential for your small business
Why bookkeeping is essential for your small business As a small business owner, do you need a bookkeeper, an accountant, or both? Bookkeepers can seem a little mysterious. In fact, they deal with the organisation, the recording and the reporting of financial transactions of a small business. Simply put, a bookkeeper clears the way for […]
