Tag Archives for Small Business Advice

Planning for 2014 Well, has 2013 been and interesting year or what.  We have soldiered on and weathered many economic and political changes during the year. Certainly those left standing are stronger for the experiences. So, what are you planning for 2014 and what are your first steps to achieving the goals and objectives you […]

What to do for Christmas Sales For most of us the Christmas sales period is one of frantic sales, staffing and cash-flow issues.  Stock in, where to store it, merchandising, pricing and the list goes on.  The main question is about how to structure your tasks to get the maximum traction during this period (and […]

What is Operational Planning Simply, operational planning is planning in each section of your business in line with your overall long term Business Strategic Plan (Business Plan). This operational plan for each section is driven by the business strategy and makes up the overall business plan.  Operational planning involves detailed financial planning and budgeting and […]

Understanding Strategic Planning The most common thread between all great businesses and those achieving great advances whilst other are complaining is the design and implementation of a Strategic Planning document.  Depending on the business it may be referred to as a Business Plan, Mission Plan or Strategic Plan. The other thing you will notice straight […]

Are You Self Employed or in Business? The easy way to determine this is to walk away from your business for a few months.  If the business if relying on you to make all the decisions, do all the work and earn all the income then I have sad news for you.  You’re Self Employed. […]

Understanding Your Financials It really comes as no surprise that most business owners do not have an understanding of what their financial figures are.  Unfortunately we haven’t been taught the importance of a Profit & Loss Statement, how that relates to our Balance Sheet or any of the key drivers you need to know. Watching […]