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...
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...
Are you feeling overwhelmed by the thought of tracking your business’s performance? You don’t have to be! While it can be tricky, understanding what Key Performance Indicators (KPIs) to track is essential to get a full picture of how your business is doing. When it...
Are you ready to take your business performance measurement to the next level? Then I've got just the video for you! In my I Don't Hate Numbers video, I'm going to explain seven essential things to measure your business performance measurement. This video includes...
Are you a business owner or manager looking for ways to measure the performance of your business? If so, then this video has all the answers you need! Watching it will teach you how to identify your business goals, choose the right metrics...
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...
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...
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...
Firstly, what image floats through your mind? Secondly, how does that make you feel? Thirdly, do you feel a sense of achievement failure? Not quite sure. All of those and more do you feel you're achieving your success? Do you feel like an imposter? Are you...
Product Grouping for Your Business is an incredibly powerful way to run your business. It gives you Firstly, great insights Secondly, lessens your financial and mental anxiety about the future Thirdly, allows you to gauge profitability with a great degree of...
Three tips for your business growth Firstly, in this weeks blog we're giving you Three tips for your business growth. More specifically we are going talking about MCP. Secondly, whatever your outlook for your business future, you cannot afford to stand still and be...