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Improve your cash flow using these tactics

Improve your cash flow using these tactics

by Tibor Mackor | Nov 11, 2019 | Finance & Accounting

Cash flow is the lifeblood of a business. Without it you will be out of business …. and quickly! Here are some ways to improve that vital flow of dollars. It’s aimed mainly at people who currently extend credit. Use the credit card system for customer payment....
11 Important Elements to Help Grow Your Business

11 Important Elements to Help Grow Your Business

by Tibor Mackor | Aug 29, 2019 | Finance & Accounting, Innovation

Do you ever feel that you are stuck with your business? Nor know what to do next or even what to do now? These questions arise mainly because you as the business owner get involved in the day to day tasks of your business. “But” you say “I need to be in control of...
Owners pay high price for being in business.

Owners pay high price for being in business.

by Tibor Mackor | Jul 4, 2018 | Finance & Accounting

Survey May/June 07 Local business coach, Tibor Mackor of Better Business Strategies, has found that a large percentage of local business owners are paying a high price for being in business by having to pay their staff members more than they earn themselves. In...
Available capital in business.

Available capital in business.

by Tibor Mackor | Jul 4, 2018 | Business plans, Finance & Accounting

“Why some Businesses Grow” Part 4 This week I will share with you about the importance of making sure there is sufficient capital available. By “Capital” I mean working capital or sufficient liquid funds to enable your business to operate. Improving your...
Avoid the common mistakes to business failure.

Avoid the common mistakes to business failure.

by Tibor Mackor | Jul 4, 2018 | Business plans, Finance & Accounting, Sales

Research has shown that the following mistakes have lead to business failures in the past. I too have found that this fisrt point is relevant. Many businesses have a lack of direction. This means the failure to establish clear goals for each part of the business and...
External Experts to support Management.

External Experts to support Management.

by Tibor Mackor | Jul 4, 2018 | Finance & Accounting, Marketing, Processes

“Why Do Some Businesses Grow” Part 5 Last time I continued with our series of articles on the 5 factors that impact on a businesses growth. In particular I talked about the importance of capital requirements within a business which is no. 4 on the list...
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