business

Cashflow forecasting #3 - What are my outgoings?

You need to keep your head up to see the upcoming payments that you need to make if you aren’t going to get yourself into cashflow difficulties.

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Cashflow forecasting #2 - When will I get paid?

Who owes you what, and when they will pay, is the next pice of information required to build a reliable cashflow forecast.

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Cashflow forecasting #1 - Know your cash position

As a business owner, do you know your cash position right now? If not, why not? This post explains why its important and what to do about getting this vital piece of information.

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Data Analysis and the Small Business

Even smaller businesses should regard their internally generated data as key resource that needs to be used, like any other business asset, to improve business performance.

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The Genghis Khan Guide To Business

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.

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Positive Churn #6 - Business is Marketing / Marketing is Business

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.

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What is The Goal?

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.

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Positive Churn #5 - Cash IS King

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.

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Starvation vs Indigestion

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.

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Positive Churn #4 - Don’t Let Your Overheads Grow Faster Than Your Business

Cost control is vital if a growing business is to extract a profit from that growth.

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