When building a business, most people focus on the right strategies, financial planning, market conditions, or even having a strong network. But in business, success starts with believing in yourself. This is because you’re more likely to overcome challenges, take...
Business growth Business success articles
Economies of Scale: Definition, Benefits and Challenges
When it comes to achieving high efficiency and reducing costs in business, the principle of economies of scale is what we need to understand, and then plan for it. This concept applies to all sorts of businesses - be they sole traders, LLCs or not-for-profits. It also...
Small Business Profitability Achieved in Four Steps
Increasing small business profitability is more than just lowering costs or raising prices. It's about achieving a balance between managing costs, optimising processes, and creating value that keeps customers coming back. We all know that running a small business is...
What Is Responsibility Accounting?
Responsibility Accounting: A Comprehensive Guide Responsibility Accounting is a powerful management tool. It holds decision-makers accountable for financial outcomes. This article takes a further look in an easy to understand way. Let's dive into what...
Being kind is good for business
Do you care about your business? Being kind is good for business. It makes customers happy, it builds relationships, and it can even lead to more sales. You don’t have to be a saint to be kind – in fact, being genuine and authentic is the best way to go....
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...
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...
What do accountants do ?
In this weeks episode of “I hate numbers” my topic is ‘What do accountants do’? Five headline things that accountants do, spoiler alert, money features amongst that. Making money Making money is a big business goal, if you want to move from hobby business to something...
Business Growth- How’s Yours?
Business growth Firstly business growth stories tell you: Your profitability What things cost Information on Controlling & managing cash Planning Returns and Information for the Tax authorities, sending in VAT and Tax returns Telling your business story mainly comes from your financial and business transactions. This includes what you’re spending, where money’s coming from, money […]