Creating a Cost Conscious Culture

Creating a Cost Conscious Culture

What’s the most effective way of controlling spending in your business? Previously I have talked about whether or not a budget is an effective tool to control spending and concluded that it’s not. A budget is a tool for building an overview of strategy and assessing...
Creating a Cost Conscious Culture

Budgeting for real life

Budgeting for real life is a never ending challenge: most likely you’ll be wrong, the only uncertainty is by how much. But, as I’ve talked about before, it is an exercise worth persevering with. An effective budget is a vital tool for building a successful business....
How to plan for an unknown future?

How to plan for an unknown future?

How can you plan for the future when you don’t know what it holds? Come to think of it: what do you not know about your business? December is usually a busy month for business planning with my clients as we spend time looking at the next year in more detail....
How to plan for an unknown future?

Avoid second lockdown cashflow crisis

Does a second lockdown mean cashflow crisis for your business? What can you do to avoid it? We know that a lot more businesses are allowed to stay open this time than were able to in March, but staying open is not necessarily a good outcome. A lot of SMEs have used up...
SOS – help managing cashflows in distress?

SOS – help managing cashflows in distress?

The saying “Cash is King” is very true: profit doesn’t pay the bills. But that doesn’t help when there just isn’t enough cash to go round and you need help with managing cashflow and getting out of trouble. This is the final instalment in...