Business Systems – the 10 important pillars You may have heard that most small businesses fail within 3 years of starting. Well this can be avoided if you have the following in place in your business. “What are they?” you ask…… Have a look and...
“Why Do Some Businesses Grow ” Part 1 From time to time I get asked by people, “Why do some businesses grow?” This is an excellent question more people should ask it with a view to learning and applying some valuable lessons. Improving your business systems...
“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...
As a creative business owner, you want to spend your time doing your “great work.” This is the work of your passion and your purpose. Often, a successful business owner can get caught in the trap of doing the “good” work That means you get caught in the trap of “I’ll...
Attention business owners! Are you aware of the benefits small changes in three key areas of your business can result in a HUGE increase in your net profit? Before $ After $ Sales (up 5%) 1,000,000 1,050,000 Cost of Sales (Reduce 5%) 700,000 698,250 Gross...
People are talking about a recession and that means fear is in the air. “Well Tibor, how do you see my business or practice flourish in these times then?” Make sure you’re not making any of these common mistakes. Just correcting one of these can make a huge...
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