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.
Your Business Angels -
Advice to Your Business Angels clients on quoting
Review your quoting and even get legal advice to write new quotes. 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 […]
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. Alan Chong started a restaurant just before lockdown, saying, “he wasn’t balance sheet strong”. He runs […]
Turning around your Business
Everyone thinks that turning around a business is coming up with creative strategies and tactics that are dramatic and require lots of money thrown at the problem. Not true. We leant something from the medical work and that the simple solutions known for hundred if not thousands of years are the basis for a turnaround. […]
Another lockdown in Victoria and the articles in papers, online and on TV that this will be the final straw for many businesses is doing the rounds. There are interviews with people who head small business organisations and other groups representing businesses in the community, and they say, “this will be the final straw for […]
19 – The problems with trading in Trusts
In business always ask if you do not know – Gavin always stresses that asking for help can save you a lot of pain. In this video, Gavin gives the example of a major problem when a business owner is set up in a trust and they have no idea of how it was meant […]