When setting up a business one of the first considerations you will have to make is Choosing your best Business Structure. The common options are whether to operate as a limited company, a sole trader, partnership, or a charity! In this episode of ‘I Hate Numbers’ I...
Budgets are your business financial story. Budgets convert your business story and action plan into financial terms. Check out my previous podcast which talks about why your business plan is a smart way to map out your future story. Budgets is this weeks episode of...
“If you fail to plan, you are planning to fail” - Benjamin Franklin. That saying applies perfectly to business planning, or as I like to see it, planning your business journey. In this episode of ‘I Hate Numbers’ I am going to be talking about Planning your Business...
In this podcast I talk about the steps required in regards to migration to cloud accounting. Last week’s episode talked about how cloud accounting connects you more easily to your numbers. Likewise helping navigate your business present and future with ease. “There is...
Recording and capturing your numbers is a must do if you want to take your business seriously. Last week’s podcast looked at the how bookkeeping gives life to your financial and business activities – and helps you make money. In this episode of ‘I Hate Numbers’ I am...
Today’s episode of I Hate Numbers is about Bookkeeping: Your business words. Travel back to Ancient Mesopotamia, Babylon, Assyria & Sumeria and you will see they have got their bookkeeping & accounting sorted. Documents from ancient Mesopotamia show lists of...
Welcome to today’s episode of I Hate Numbers where we talk about break-even. Making profits is what your business should aim to do. The financial milestone before that is for you to break even. Knowing your break even gives you better business insights, greater...
Welcome to today’s episode of I Hate Numbers. Knowing your costs makes you money, a statement of the obvious perhaps. Certainly with statements of the obvious we sometimes forget business basics. In this podcast episode I am going to take a real cool way to look at...
Today's blog is about how to achieve calm amid the business storm. The business storm is due to the current Covid 19 situation, it could be something else. Firstly although it's worrying uncertain times at the moment, however like with all bad situations there will...
Welcome to another weekly episode of ‘I Hate Numbers’ where we look at The importance of profit, as well as what it is. The 'I Hate Numbers' podcast wants you to get acquainted with your best business friend. The friend that won’t lie to you, the friend that you...
Creating your cash future, the theme of today’s episode of I Hate Numbers. Firstly when you are in the eye of a financial storm what’s the one major thing that’s going to get your business through it? That one thing, that protection, comfort blanket, and financial...
Welcome to today’s episode of I Hate Numbers, talking about The language of accounting. Today we’re going to have a peek at some of the language that Accounts, and Finance people use. It can be an alien language if you are a stranger in the Number’s world. I am...
Most importantly learn how to help your business survive and thrive by understanding your numbers. Above all I really hate not getting paid on time without good reason. This episode is about what you can do to get paid on time. Why is getting paid on time important?...
Learn how to help your business survive and thrive by understanding your numbers, and keep an eye on your business cash. The one thing you really need to keep an eye on is money in the bank. Why is cash so important? Cash is important and you need to Keep an eye on...
If you’re serious about your business, you need to grab hold of your numbers, and connect with them. In This Episode How to have a better business, why people hate numbers and Giving energy back into your life.
Business plan: Final steps This blog looks at your Business plan:Final steps. Above all, it follows on from our previous blog where we mapped out the initial stages. Management To clarify, people reading your business plan need to be given an idea of why they should...
25th Business Birthday - Wow! So it’s my 25th Business Birthday. 25 years ago I started my business Pro Active Resolutions in my back bedroom. Certainly, time has flown and it has been a fantastic journey- which has seen a lot of changes. From as far back as I can...
Getting paid on time Getting paid on time and keeping business cash flowing is the most important thing to keep your business wheels rolling. It’s the life-blood of any business and you need it to survive, sustain, and grow. You need cash for a whole variety of...
Above all, a business is there to make money. It’s your primary responsibility. Money means profit. It doesn’t make any difference whether your business is a private business, social enterprise or charity. Some headline reasons for making profits include: No...
Budgets are plans, planning is good, and furthermore budgets are plans with numbers. The budget Every organisation needs sound financial management as part its strategy, finances underpin every aspect of this work. Each activity should be planned and costed, resources must be considered. The budget is the document translating action plans into monetary terms. […]
Business performance & how to measure it Above all business performance and how to measure it plays a vital part in business success. Similarly also in sustainability and growth. It is not a one-time event rather it is a continuous process. As a result successful business performance measurement and management can be summarised in the […]
Understanding Costs: How do they behave? Firstly understanding costs and your business numbers help with a variety of things, including: Pricing of goods and services Business planning Cash Forecasting Controlling costs Understanding profitability of customers, products and services Improving efficiency Likewise if you can describe and link business activity with costs then you have a […]
Firstly maintaining and growing your business requires many things. For example, customer satisfaction, providing good products and services. similarly a motivated workforce, and good relations with suppliers also count. Growing your business Furthermore an area often neglected is being able to take control of your business numbers. Implement the following three key ingredients to help […]