Do you have management information for decision making? One of the biggest holes in many business owners knowledge is a basic understanding of the key numbers. Not just Profit and Loss, Cash Flow and Balance Sheet, but the main drivers and levers within their businesses. Not knowing your numbers is a major handicap – you … Read more
Another podcast for business owners, where I talk to Clayton M Coke on the The Cashflow Show. In this episode, your host Clayton M Coke sits down with Christine Nicholson to discuss; Early mentors, Joining the Navy, Founding & Exiting success, Succession planning, Business addiction, Running a Zoo, Women in business, The influence of TV’s Crown Court & David Bowie! … Read more
Do Your Systems Support Customers Getting Consistent Excellent Service? Every business has systems, whether they are written down or not. But what is a System? Systems are defined in the dictionary as: “a set of principles or procedures according to which something is done; an organized scheme or method”. A process is defined as: “a … Read more
Do You Have the Right People in Your Business for Its Full Potential? “No Man Is an Island!” John Donne The poem “No Man is an Island” was written in 1624, but the sentiments are true even more today. In a world driven by constant advances in communication technology that allow humans to connect to each … Read more
Being in business for over 20 years I am busy running my business and sometimes we business owners forget that our lengthy to-do list will never be completed! As I am aging, I have thought about succession planning to either sell my business in the next decade or have my kids choose to take it … Read more
Do You Have a Strategic Plan for Your Business? If a strategic plan is one of the critical factors in Business Success – why doesn’t everyone do it? And of those that do make a business plan, the vast majority don’t make use of it as a tool for tracking where their business is. The … Read more
Do You Have Monthly Cash Flow Statements and Regular Cash Forecasts? Cash is ready money in the bank or in the business that can be used to pay suppliers, overheads, or employees. I often hear from the owners of growing companies “I’m doing more business than ever before but I do not know where the … Read more
Failure in your tech business should not be seen as a deterrent but an opportunity to learn from past mistakes. Learning from the failures as much as successes means you are on the road to be the next billionaire. Hard work is always a fundamental part of the entrepreneur journey. Not all tech business failures … Read more
If you have been thinking about starting a business or simply not working for someone else but are stuck on an idea, then start with the thing that you are most passionate about! Working for yourself (not the same as being an entrepreneur, but a good start) should not be swapping a soulless, dream-crushing job … Read more
New innovations are ten-a-penny in the tech business world. Over a quarter of a million new products are launched every year in the USA alone – and that’s a conservative estimate. It doesn’t include all those ideas that didn’t make it to the invention stage, nor does it include the multitude of products that NEARLY … Read more
