Latest News & Updates
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...
How to deal with a cost of business of crisis
If you're a business owner, then you know that the cost of doing business is always on your mind. But what do you do when that cost suddenly skyrockets? Whether it's an increase in rent, wages, or material costs, a sudden spike can be disastrous for your...
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...
Customer value – CLV, segmentation and retention
Customer lifetime value and segmentation is this week's episode of the I Hate Numbers podcast. Last week I kicked off with part one I will be continuing from part one my exploration of customer lifetime value by looking at Firstly CLV and net CLV...
The power in customer lifetime value
What is the is a power in customer life time value. Using numbers in the right way in your business is a powerful way to Firstly, give you insight Secondly, make great decisions Thirdly, reduce anxiety Also, to provide clarity More importantly help you make money, be...
How to use customer lifetime value
Numbers gives you business superpowers, you should be Using customer lifetime value as one of those numbers. In this podcast I will Firstly, break down what CLV is Secondly, how you can go about calculating it for your own business. Lastly, why it's...
How to calculate customer lifetime value
Have you ever wondered how to calculate customer lifetime value? Or what it even is? Above all CLV, as it is often called, measures how much a customer is worth to your business over the course of their relationship with you. Most importantly it considers all of the...
The impact of VAT registration on your business
So, what is the impact of VAT registration on your business. That is what I am looking at in podcast episode 127 of I Hate Numbers. There will be changes, and in the words of Charles F. Kettering “People are very open-minded about new things, as long...
What changes when you become VAT registered
If you're a business owner, it's important to understand What changes when you. In this video, we look at what happens when you become VAT registered, and how it changes you and your business. So, What changes when you become VAT registered? Firstly, your mindset...
How to use ratios to make financial judgements
Why should you use ratios to make financial judgements? Well, are you curious how well your business is doing financially? Or maybe you're looking to acquire or invest in a business and want to know what to look for? Ratios are a great way to judge a...
How to use Financial Ratio Analysis
How to use Financial Ratio Analysis is part of your Numbers tool kit. This is part of the tool kit used, the key ratios used by business owners, analysts, and investors. In this vlog I cover the four common areas used in financial ratio analysis, Firstly,...
Understanding and using financial ratios
There's no doubt that Using financial ratios in business are one of the most important tools that business owners have in their toolkit. By using financial ratios, you can get a better understanding of how your business is performing, and make...
Know your numbers and financial ratios
Know your numbers. Numbers are everywhere, and for the most part we just ignore them. As a result unless we're forced to pay attention to them when it comes time to do our taxes or budget for the month, numbers don’t seem interesting. Except they are if you become...
Measuring financial performance of your business
If you're a business owner, then Measuring your financial performance, keeping track of it is essential to your success. But do you know how to measure it? In this podcast I'll explain two important metrics for measuring your business's financial...
How to judge your financial performance
Knowing how to judge your financial performance can be tricky. Many factors come into play, and it's not always easy to know where you stand. In the words of Dietrich Bonhoeffer, “Action springs not from thought, but from a readiness for responsibility.” However, by...
Benefits of being financially accountable
If you're like most business owners, you think of being financially accountable as a necessary evil. It's something that you have to do, but it's not always fun or interesting. However, what if I told you that being financially accountable can actually...
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...
Achieving business success in 3 steps
Are you interested in achieving business success ? If so, read on ? Wonder no more! Today, I will discuss the three essential steps you need to take in order to achieve success. These three steps are summed up in the 3 As Firstly, Attitude Second, Approach,...
How to be successful
Who doesn’t want to know How to be successful? Most people think that in order to be successful in business, you need to be intelligent, have a lot of money, or know the right people. While these certainly don't hurt, there are other factors that are just as important...
Why Bookkeeping is important
If you're running a business, you need to need to factor in that Bookkeeping is Big Deal. Are you serious about your business and keeping on top of your finances? If your answer is yes, and I hope it is then keep track of your financial transactions. You may think...
Why Bookkeeping Is Important for Your Business
Your business story needs words, it needs a narrative and that’s why bookkeeping is important for your business What is Bookkeeping? ‘Transactions’ is just another way of saying where you spend your money, when money leaves your bank account, and when money comes into...
How to Overcome Impostor Syndrome and Feeling like a Fraud
If you're like most people, at some point in your life you've felt like a fraud. Almost like you're not really qualified to do the job you're doing, or that someone is going to figure out you're a total fake and expose you for the fraud you are. This...
How to deal with Impostor Syndrome
Have you ever felt like a fraud? Like you're not supposed to be where you are or doing what you're doing? If so, then you may be experiencing Imposter Syndrome. Imposter Syndrome is a phenomenon that affects many people and can cause feelings of self-doubt and...
Completing forms SS-4 and 8832
Inexplicably completing forms SS-4 8832 are not at the forefront of people’s minds. Hear those words, and you may be looking for that drying paint. However, if you are a non-US resident company receiving income from the United States, then you need to...