When it comes to growing your business, success isn’t just about strategy, tools, or talent. Often, what keeps businesses stuck are the bad business habits that seem harmless but can actually hold you back from reaching your full potential. These aren’t just minor bad...
When it comes to running a successful business, it’s easy to get caught up in sales numbers and gross profit. But here’s the truth: those sales numbers might be hiding a bigger issue, one that could slowly drain your business dry. Operating profit is giving you a...
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...
It’s fair to say that we've all been there, caught red-handed, delaying important tasks for just a bit longer - procrastinating away. And it’s always been frowned upon because it’s a negative thing to do, right? Guilty as charged, right? We’ve been taught that...
In this discussion, we're going to explore the significance of tracking in running your business. Additionally, we'll be talking about the power of project or product tracking and how it unravels profitability. We'll shed light on the financial...
In this I Hate Numbers podcast, we want to explore the multifaceted world of company director responsibilities. As business enthusiasts with over 28 years of experience, we've had the privilege of helping countless entrepreneurs reduce stress, boost...
Motivation is a potent force that propels both individuals and teams toward success in the business realm. In this week's episode of the "I Hate Numbers" podcast, we delve into four crucial aspects related to motivation. What Exactly is...
Responsibility Center KPIs (Key Performance Indicators) go hand in hand. Just like Gin and Tonic, Horse and Carriage, Pizza and Pineapple!. Managing a business requires constant monitoring and analysis of financial data to ensure optimal performance. Measuring...
KPIs for Each Responsibility Centre increases the power of Responsibility Accounting. Numbers are our best business friend, moreover, KPIs are our best buddies. Managing a business comes with many responsibilities, including Firstly, preparing...
Responsibility Accounting Demystified: A Straightforward Guide to Success Responsibility accounting holds the key to better financial performance. It improves accountability and streamlines decision-making. Discover the essentials of responsibility accounting and how...