Create a business plan in 10 easy steps
‘Fail to plan, plan to fail’, as the saying goes. If you're going to create an effective, successful and profitable business, you need to create a solid strategic plan.
READ MOREKnow your numbers – Measuring your margins
Gains can always be made at the margins. These small incremental gains over a month or a year can have a significant impact on your bottom line.
READ MOREKnow your numbers - Your Balance Sheet
Knowing your numbers is vital to business success. The Balance Sheet is arguably the most important report, as it measures whether your business's worth is increasing or decreasing.
READ MOREKnow your numbers - Your Profit and Loss Report
Your Profit and Loss Report measures the overall efficiency of your entire business.
READ MOREKnow your numbers - Your Trading Account
Your financial reports depict the general health of your business and having a good understanding of these reports enables you to pinpoint areas that require a more detailed diagnosis.
READ MORERegaining control of your business with the three essential tools
Business owners often feel like they're not in control of their business. The number of hours they're working starts creeping up, they start experiencing more stress, and it starts affecting their personal life.
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