Even in questionable economic times, raise your rates. This may seem counter intuitive, however, this alone will free up some time, and evidence suggests that the loss of fees from clients who left was not greater than the increased fees from those who stayed. Next,...
It’s that time of the year again! Time to take a few minutes and reflect on the year that was, then use this insight to start planning your year ahead. Time to take stock of where you are; what worked well; what didn’t; what you’ve achieve and...
To run a successful business, you need to be efficient and well organised. Inefficient operations can quickly affect your bottom-line. So how do you improve efficiency in business to reduce costs and make the best possible use of your resources. 1....
Today’s article is about making a cultural change that focuses on intrinsic motivation when it can be especially daunting, particularly for businesses that are built on traditional reward and punishment models. But, Pink argues that – over time, and with...
Cost reduction is the easiest and most certain way to increase profits in the short-term. It can also be a major driver of long-term growth if handled properly. Cost reduction works well for long-term profits, so long as the process becomes a core belief of the entire...
Raising finance for a business is a key entrepreneurial skill. Any person involved in starting and running a business will at some stage have a requirement to raise finance for their business. Even before they commenced the business, they would have had to raise some...
