How accountability can transform your business
Running a business can be overwhelming, especially when you’re trying to juggle every responsibility on your own or with limited support. As a business owner myself, I know all too well that it’s common to get caught in a cycle of endless tasks and competing priorities. With no one to hold you accountable, it can […]
Direction is More Important Than Speed When Growing a Business
In the fast-paced world of business, it’s easy to believe that speed is everything. We often hear about businesses scaling quickly, launching product after product, and hustling to outpace the competition. Business owners often think that growing fast will solve their problems, but growth without clear direction can lead to more chaos than progress. This […]
The Consequences of Having a Budget Without a Plan
Picture this: You’re eating a banana, but you skip peeling it and bite right in. Sure, it’s possible to do these things, but in my mind it’s far from ideal. The same applies to running a business with a budget but no strategy. You can have a budget without a plan to back it up, […]
Nurturing one of your most important assets: your team
In service-based businesses, your team is your greatest asset. Their dedication, skills, and motivation drive your success. Investing in your team isn’t just about creating a positive work environment; it’s about building the foundation for long-term business success. By understanding the true costs associated with your workforce and prioritising their development and recognition, you can […]
Smart spending: avoiding the pitfalls of short-term fixes for long-term success
In the fast-paced world of business, it’s easy to get caught up in the allure of short-term wins. Your company may look amazing on the outside, showcasing success and growth, but behind the scenes, it might be a different story. For many businesses, the backend is a mess of disorganised finances and lack of strategic […]
It’s all about choice: setting targets and focusing on growth
As the winter chill settles in and our gardens grow barren, the planning for the next planting season begins. Imagine you’re planning your garden – you must decide what you want to grow and where to plant it. It’s a choice that requires thought and knowledge. For instance, pumpkins need full sun to thrive. If […]
Where most Virtual CFO’s fall down: the balancing act of strategy vs implementation
In the world of business finance management, the role of a virtual Chief Financial Officer (CFO) has become increasingly pivotal. As businesses strive for growth, the need for a robust financial strategy coupled with effective implementation is more critical than ever. Yet, this is where many businesses encounter their most significant challenge – the delicate […]
You can’t ignore technology if you’re serious about success
As a business owner or manager, staying on top of the latest trends and technologies is crucial for maintaining a competitive edge in today’s fast-paced market. This includes technology across all areas of the business, but one critical area that deserves your attention is business management technology. Let’s explore what business management technology is, why […]
Growing pains in your business: how to beat the pain and reach new heights
Growing a business is like nurturing a plant; both require attention, nourishment, and a watchful eye for any signs of strain. As your business blossoms, it’s natural to encounter “growing pains,” moments of challenge that, although indicative of progress, come with their unique set of hurdles. Understanding these growing pains, recognising their dangers, and implementing […]
Why every business owner needs an exit plan
Running a successful business is an accomplishment that requires dedication, hard work, and strategic planning. While many business owners focus on the day-to-day operations and growth of their businesses, it’s equally important to have a well-thought-out exit plan in place. No matter what type of business you run, having a plan is the best way to […]
