How running a lean business model improves your cashflow and efficiency

Keeping your operational expenses under control, while also remaining efficient and meeting customer demand can be a challenge – one that can catch out many new business owners. This is why running your enterprise using a lean business model is such a good idea. By keeping operations, stock and processes to a minimum, you reduce […]

Do you need to improve the cash flow position for your business?

Keeping on top of the financial management of your business can be hard work. It’s possible to have a profitable business that is struggling to find the cash flow to pay expenses and fund growth. Likewise, you could have positive cash flow but are not turning a profit, particularly if you are scaling. Turning a […]

Stepping back: Do you have an exit strategy for your business?

Owning a business can be brilliant, but you might not want to do it forever. Whether you’re ready to retire, want to cash up, or you just need a break, at some point you will probably want to move on from your business. Even before that time comes, you’ll need a plan for stepping back. […]

Could outsourcing help you grow your business?

When you run a small business, the amount of work can ebb and flow. Unexpected busy periods can often create too much work and stress; overloading a small team or one-person business. But if a surge is seasonal or unreliable, it can be hard to commit to taking on another employee. One solution that many […]

Fundamental Three to Successfully Scale Up Your Business

There are three fundamentals to successfully scale up your business: having a clear organisation structure, having comprehensive systems, and developing great leadership. Heard the quote, “What got you here won’t get you there”? These are wise words (and the title of a book you should read!) are from Marshall Goldsmith. Choosing to scale your business […]

Fundamental Two to Successfully Scale Up Your Business

There are three fundamentals to successfully scale up your business: having a clear (and documented) organisation structure, having comprehensive systems and processes, and developing great leadership. With growth comes growing pains. Such pains can affect team morale as well as your margins. It’s critical to pre-empt potential friction and put systems in place to ensure […]