If you’re a small business owner and you find yourself stuck in a no-growth path, it might not be the market that’s to blame. If your costs are too high … Continue reading →

When you are the owner of a business, even if it is just a small business, how you look at the data and which information you use in your decision … Continue reading →

Assuming you are making financial projections regularly for the professional services business you own and manage, should you project an increase, no increase, or less every year? Most entrepreneurs have … Continue reading →

Let’s assume that you, the owner of the business, have been doing all the sales so far. You have grown as far as you could, your responsibilities have multiplied and … Continue reading →

You are the owner of a small business with a great team and things are going well. You have a fairly good idea of what lies ahead. Why do you … Continue reading →

Growth can mean many things and can come from many directions. The easy route: increase the value offered to your existing clients and get more business from them. Why is … Continue reading →

Keep comparisons with previous years in a clean integrated spreadsheet that includes the profit drivers you want to monitor. You can visualise it quarterly, bi-annually or annually, depending on your … Continue reading →

You could easily have a decade span of information monitored in your reports. You can keep along the last 3 to 5 years of finance and project for the next … Continue reading →

Keep reports on variations of your categories of expenses that form your Direct Cost. That is your first key to ensure the profitability of your service and you want to … Continue reading →

Your cash flow is important as a projection for future, not as past information. You don’t need to maintain cash flow statements year on year. You could keep ageing reports, such … Continue reading →