Blogs
That your business becomes as profitable as it can be (on a cash basis). Profit pays debt, profit drives the business forward and profit gives you the reward for all your hard work.
Blog
“I bet you are going to die.”“I bet you are going to die.”
This blog is an idea I got this morning because I just had a renewal notification from my insurance company about the bet I have taken with them where I prepay the odds on dying, on the chance that they will have to pay out if I’m wrong.
Your Business Angels are doing OK, and I have been looking for “something” we can do to help those in need during the lockdown.
I keep thinking we all dodged a bullet in how we have all been managing to keep going. I have been looking for something for our company to do that you all would all be proud of, and I have found that.
Advice to Your Business Angels clients on quoting
Why – because material costs won’t stay still, and you do not want to be locked into a quote, where materials have belted through the roof, and you are left subsidising your client’s job by paying out more materials – a lot more for materials than you quoted.
Message to Client 2 – Spend more time thinking about your supply chain
Nick, a client and friend of ours, gave us a “heads up” a few weeks ago on how bad supplies are getting, and he had a significant concern that goods he needs for his manufacturing business will be held up in port.
Message to client 4 – Exterminate – Exterminate
If you are a lover of Dr Who you will know about the Daleks. The Daleks areviolent, merciless, and pitiless cyborg aliens, who demand total conformity to their will.
Message to Client 3 – Hoops and grief – but it may be for you
We are always reluctant about talking about Government-assisted loans because
Name ten sexy things about seeing your accountant – I’m waiting – no? OK, name one!
Probably most people see the accountant as the person who tells you how much tax you must pay. “Here is your BAS, now pay it – here is your company or personal returns, now pay it”.
Why did you go into business?
So often, the answer is I had to, or I didn’t have a choice. Typically, when asking a tradie why he started his own business, it was because when he finished his apprenticeship, he had to get an ABN to keep working. So many people have lost their job and had to go back as contractors.
Stress is cumulative.The stress of COVID may have built up in you through stress
The stress of COVID may have built up in you through stress Our mental health system is screwed.