Feb 14, 2021 | Business performance, Business Support
Most importantly you need to understand the components involved with business activity and breaking even. But how do you find out what your business requires to break even? What’s break even? To clarify your business breaks even when your sales cover all your...
Oct 9, 2022 | Business performance, Business planning, Business Success
For many businesses, break-even is a critical milestone. It can be a make-or-break point for small businesses and signifies the point at which revenue from operations equals total costs. But what does break-even mean? And how do you achieve it? This weeks video...
Jan 15, 2023 | Business performance
Are you feeling overwhelmed by the thought of tracking your business’s performance? You don’t have to be! While it can be tricky, understanding what Key Performance Indicators (KPIs) to track is essential to get a full picture of how your business is doing. When it...
Apr 25, 2021 | Artists, Budgeting, Business planning, Cloud Accounting, Creative Sector, Money, Not For Profit Organisations, Self employed
What is your why for having your own business, whatever that, there are reasons Why your business must make a profit. Making profit must be at the top of your business goals, ignore that at your peril. Firstly, I am going to tell you why making profit is vital for...
Mar 21, 2021 | Business planning, Business survival, management accounting, Money, Not For Profit Support
How operational gearing affects your business Do you know How operational gearing affects your business? In a nutshell it shows much risk you have, and affects your survival, growth, and prosperity. What is operational gearing? Firstly, let us talk terms. Operational...
