One of my goals is to help business owners make and manage money in their business, their own way, all while designing sustainable and profitable businesses. The key word here is sustainable. Our businesses should not negatively impact our lives, health, others or the...read more
"He explained that he had calculated what he needed to make in profit in order to cover his cost of living and put a decent amount of money into investments. He had figured out the amount of wealth he needed to be comfortable...past that, he didn't need any more money...read more
We are running businesses in an era where we are being told higher revenue, bigger goals and infinite growth are indicators of success. Yet there a trend that financial goals are no longer motivating business owners on a day-to-day basis. During a strategy session or...read more
I've explained to many clients the benefits of creating a practice of a monthly financial review in your business. Not only does it give you a great birds-eye view on what is happening in your business. It encourages business owners to pause and reflect on how the...read more
Humans are naturally geared to talk, to converse with others and to exist in community. In my work with business owners, I have noticed that these interactions are MORE essential to creating change than most other actions we take. When business owners isolate...read more
Pricing your products and services as a business owner can be a confusing task. But I hope to clear it up with a post to give an overview on how you can do it confidently, your way. With your 'End Goal' in mind, for you, your customers and how you want your...read more
There are times in business that we feel we can't increase our prices any higher. And without the increase in prices, we may not reach our desired income levels, or provide for the lifestyle we wish to live. There are times when we work locally, and the local...read more
Recently I was asked this very interesting question. It doesn't have to be a business partner, it can be a partner at home, a business friend, colleague, someone else in a complimentary industry, someone offering the same product/service, or it can even be the...read more
I've noticed that money management nowadays has become confusing, unclear and overwhelming. It is no longer a mere exchange of coins and notes at the same time we receive a product or service. HAVE YOU NOTICED SOME OF THE CHANGES? Money has changed and...read more
There are many financial resources available on the market. And many are finance and business books. but if you're not an avid reader, or finance topics are not your usual choice of reading material, then here is a summary of some very useful books. And in...read more
There are times when you can over-think financial decisions in your business, to your detriment. Pricing decisions and strategy is a topic that commonly causes business owners a few headaches. It can lead to procrastination in putting out your new offer or...read more
Business financials can be well... confusing or overwhelming. And it's not generally taught to new business owners, or seasoned ones. It's through trial and error that most business owners work out their own 'rule-of-thumb' when it comes to making and managing money...read more
In today’s world, we spend a lot of time in business focusing on volume of sales. Have you walked into a shopping centre and checked out the clothes racks lately? They are so full, hangers fall to the floor as you try to take one off the shelf. This high-volume world...read more
If you’ve spent endless hours setting up your business and working super hard to make sales, when it comes to getting your financials sorted, you hope hiring a bookkeeper and doing your tax is enough. I’m here to let you know, this is only 1 of 3 important tasks you...read more
This may sound familiar... You've started a business and the first 'tax period' comes around. So you head off to your tax accountant with your shoe box full of receipts. The tax accountant tells you to see a bookkeeper to get your books in order so you're less...read more
There is a trend I’ve noticed lately in marketing in terms of ‘number of figures’. ‘I’m a 6-figure business! or ‘grow a 7-figure business like me in 7 days!’ I've heard it referred to as 'Revenue Marketing'...and it is a pet peeve of mine. Not because I have a...read more
I'm just finishing up my Monthly Reporting clients and we've been discussing how last month went. It's a process we go through every month. Sitting down and discussing what worked and what didn't work. What are the figures telling us, what is the financial...read more
THINK SMALL, SERIOUSLY. There’s not many finance professionals out there that tell you to 'think small', but on this occasion, I am! For good reason though – it has taken many ‘micro’ decisions to get where you are today in life and business. Thousands of decisions,...read more
MONEY IN, MONEY OUT – IT’S THAT EASY, RIGHT? Cash flow management can be one of the trickiest parts of running a business. Even well established businesses get this wrong. Without available cash, how do you make good business decisions? Your choices are limited. HOW...read more
I’m sure you’re not surprised to hear that many of my clients make their way into my business life when their financial situation doesn’t feel as good as they want it to. I would say that the majority of the clients I work closely with begin when they’re in a position...read more
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