In our experience most businesses consider the analysis or knowledge of a break-even point within their business something that a management consultant might discuss with them but not something they need to understand themselves. We feel this exercise is key in understanding the health of your business and how to manage the expansion (or retraction) …
Your business break-even point – do you know it? Read More »
Cutting costs may sound to most like the simplest and most obvious strategy to improve the financial health of your business, but it can be one of the most effective. It can be very easy in business, equally as it can be in our personal life, where we sign up to a service or particular …
You will have heard the old analogy of your business being what someone is willing to pay, which can be true for some elements of the business but there are obviously more fundamental ways that a business can be valued. For the larger percentage of business owners this will be the first time you will …