Have you heard of cost plus pricing? Furthermore, do you know how to price your services and products? It can be tricky, especially when you're new to the game. One pricing method that can help is cost-plus pricing. In this post, we'll take a look at what cost-plus...
Business planning articles
The benefits of financial planning in business
The benefits of financial planning in business are many, but I would say that, wouldn't I. If you're like most small business owners, you probably don't think of financial planning as one of your top priorities. But did you know that financial planning is one of the...
Five reasons to ignore your numbers
It may seem bonkers, but I am going to give you Five reasons to ignore your numbers. It’s only fair that I balance things to give you Five reasons to take note of your numbers Here are Five reasons why you should ignore your numbers: Firstly, if you prefer to have no...
Understanding gross profit
Business owners, Understanding gross profit should be on your list of need to know . Gross profit is one of the most important financial measures, this video will Firstly, explain what it is Secondly, tell you how to calculate it Thirdly, contrast mark up and margin...
Understanding operating profit
Understanding operating profits helps you make better and informed business decisions. If you are serious about business, then it's important to understand key financial concepts like operating profit. Small businesses, arts organisations and social enterprises can...
Break-even explained
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...
How to survive a recession and prosper
As we all know, the economy is not doing so well, but I want to show you How to survive a recession and prosper There are things you can do to survive a recession and even prosper! In this blog post, I will share with you some tips on how to make it through these...
Decision making under uncertainty
In business, it's essential to make decisions quickly and efficiently. However, Decision making when things are calm is not the same as Decision making under uncertainty. In this video, I go through the the steps you need to take to make rational decisions when...
The cost of business crisis
Businesses are facing a cost of business crisis. This affects millions of business owners in the UK and around the world. Not in a good way. This is a crisis that's under reported, not widely discussed and very little financial support. However, it's something that...
How to Improve being Financially Accountable
Are you finding it difficult to stay Financially Accountable? You’re not sure where to start, or you feel like you're constantly falling behind. Don't worry, you're not alone! Improving your financial accountability is a process that takes time and effort. Don’t...
Procrastination and Financial Planning – Video
Procrastination is a huge issue when it comes to business, and especially when it comes to writing your business financial plan. But that's okay! I'm here to help you through it. In this video, we talked about the different ways people procrastinate when it comes to...
How to create your performance management system
Wondering how to create a performance management system for your business? You're in the right place! In this video, I'll be talking to you about the five steps you need to take. Those steps are Firstly, Identifying your Critical Success Factors Secondly setting your...
How to develop and use a risk register
How to develop and use a risk register is this weeks topic on I Hate Numbers. Are you a business owner or entrepreneur who is looking for ways to protect yourself and your business? If so, then you need to know about risk registers. A risk register is a tool that...
Tips on using your Financial Plan
Four tips to using your Financial Plan is this weeks topic on I Hate Numbers. Creating and following a financial plan, your financial story is an important step to taking control of your finances. In this vlog, I'll share four tips on how to effectively use your...
Changing your Money Mindset
You've probably heard the saying, "Money can't buy happiness." And while it's true that having money doesn't guarantee a good life, it's also true that not having money can make life pretty difficult. So how do you manage your finances and live a good life? The answer...
Setting the right business targets
Setting the right business targets can seem daunting, but it need not be. This vlog will help you to choose the right targets for your business, and provides tips on how to reach them. So, whether you're just starting out, or looking to take your business to the next...
How to set SMART targets
How to set SMART targets helps is this week’s vlog. Feeling overwhelmed by your business goals? SMART targets can help you break down your goal into manageable chunks that are both realistic and achievable. You'll be able to track your progress along the way and make...
How to Achieve Business Success
Feeling like you're not achieving success in your business? You're not alone. Most people feel this way at some point in their lives. But don't worry, I can help. I will share with you some tips and examples of how you can achieve success. Once you've learned what...
Use a Limited Liability Partnership
Using a Limited Liability Partnership is this week's podcast theme. Are you looking to set up a Limited Liability Partnership? A limited liability partnership (LLP) has many of the features of a normal partnership and a company. In this podcast, I will explain...
Makinging business partnerships work
Making your business partnership work can be one of the greatest pleasures of having your own business. With that in mind, if you’re planning to start a business venture with a friend, family member or associate as your business partner read on. Don’t assume...
Tips for effective business partnerships
Tips for effective business partnerships is this weeks vlog. Making your business partnership work can be daunting if you have never had a partnership. There are many things to consider, especially if you intend to start a partnership with a friend or a family...
Creating a successful employee handbook
A successful employee handbook is what helps reduce your business heartache. Problems within a business can occur because there is a lack of clarity on some subjects. Mainly, the issues which arise are around the expectations of the business. The employees and...
Growing your business – avoid overtrading
Business Growth and Overtrading is one of the biggest problems facing businesses today, Furthermore it impacts start ups to established businesses. It's easy enough to avoid if you know what signs look like but many companies simply don't have the time or expertise...
How to spot and fix overtrading
Have you ever wondered how to spot and fix overtrading? If so, then this video is for you. Over the next few minutes, I'm going to show you how to spot and fix overtrading in your business. So, let's get started! Are you looking to grow your business? If so, then it's...