Understanding and using break even

Understanding and using break even

    If you want to stay afloat in your business, understand break even and how it can help. Every industry needs this key number for different reasons but regardless of what kind of company or size you are you should have a grasp on these fundamentals!...
What is operational gearing

What is operational gearing

Operational gearing is an important tool for business owners and entrepreneurs. It’s a measure of how much profits are being generated by the company’s day-to-day operations, as opposed to its investments. In other words, it can tell you how lean your...
How your business deals with a recession

How your business deals with a recession

    A recession is a difficult time for any business, so knowing How your business deals with a recession is a vital part of your toolkit, It may be that your customers may have less money to spend, you may have to let staff go, and your bottom line may be...
Calculating cash profits

Calculating cash profits

    Are you a business owner looking to make the switch to cash basis accounting?  The transition can be daunting, but it’s worth it if you want to make the most of your profits.  In this podcast I’ll take a look at how traditional accounting...