by Eliza Ludwig | Aug 16, 2019 | Planning, Profit, Small Business
When a business can scale it means that it is operating at a sustainable, efficient level and it is ready to support the next level of growth. Often businesses can grow too quickly, leaving a significant drain on cashflow and owners at the brink of burnout. Done with...
by Eliza Ludwig | Jul 27, 2019 | Money Tips, Profit, Small Business
Keeping an eye on how your business is travelling financially is directly related to your success! Understanding even just the basic elements of your financial reports will give you a sense of control that will help you shape your future business strategy. ...
by Eliza Ludwig | Jun 14, 2019 | Money Tips, Motivation, Planning
Have you ever heard the saying that work expands to fill the time allotted for its completion? (For the word nerds out there, it’s called Parkinson’s Law). So, when you fail to consciously allocate time to a task, guess what? It’s never going to happen! Analysing...
by Eliza Ludwig | May 27, 2019 | Money Tips, Planning, Pricing, Profit
We are all in business to make a profit. Our aim is to maximise our revenue and minimise our costs in order to produce the largest amount of profit. That way we have money to put back into our business, pay our stakeholders (including ourselves) or just save for a...
by Eliza Ludwig | Apr 10, 2019 | Money Tips, Pricing, Small Business
Pricing in your business can take a long time. First you weigh up all the strategies you could use. Then you fiddle around with a few dollars more or less until finally you arrive at a price only when you don’t get an immediate sale. Then you go through...
