This is another book that I believe is a must read for all Entrepreneurs.
The Genghis Khan Guide To Business is a great introduction to the ‘Financial Dynamics’ of business for Finance and Non Financial managers alike.
What do your actions say about your business? And what IS marketing, anyway? Clive Birnie of Positive Churn argues that every decision and action communicates and is therefore Marketing.
Many years ago (more than I care to remember) I was introduced to The Goal by Eliyahu M. Goldratt and Jeff Cox. Although published 35 years ago in 1984, I believe this book is still a must read for all Entrepreneurs and those running SMEs.
Getting payment terms right, for customers AND suppliers, is key to managing cashflow. Another Positive Churn post on the importance of understanding a key driver for business success.
Last week I retweeted…. ‘There is an old #business #adage that says more businesses die from indigestion than from starvation’ which was posted by @allonriaz. This blog post explores my take on this ‘adage’ in a little more detail.
As noted in a this post, one reason for installing uzERP is to get better information for key decision makers, many of whom like to use spreadsheets to carry out analysis or generate reports. This was also explored in a another post on csv files and LibreOffice Pivot Tables.
Pivot Tables are an extremely useful analysis tool - they are very flexible, powerful, and can generate valuable insights from large amounts of data if used properly. This post walks you through how to set up a Sales Ledger Receipts forecast using a Pivot Table in LibreOffice.
Cost control is vital if a growing business is to extract a profit from that growth.
Maybe you shouldn’t be including Direct Labour in product costs if you want to win new business….. Clive Birnie, of Positive Churn explains.
In the second Positive Churn post, Clive Birnie takes issue with large stock (inventory) holdings being a good idea.
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