Not having a clear understanding of that you need to earn each month to pay the bills will impact the profitability of your business. When you get clear on what you need to earn each month you can plan your team’s work each month. You can plan what they need to do and what work will need to be completed.
Read MoreUnless you get a grip on your finances you will be more than likely losing money like a leaky bucket. All the hard work that you are putting in is going to waste because you are not seeing the benefit for it. You don’t know what you are owed by your customer and what you are spending each month on staff, bills and taxes.
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Do you struggle to understand the money that is coming from your bank account each week? Do you hide behind the sofa when you check and see that you don’t understand how your bank balance can be that amount? It doesn’t make sense!
Read MoreWhenever you speak to your accountant do you always feel that something is missing? That you are not getting the help that you need from them? That you are trapped in a cycle of not knowing what you are doing or where your business is?
Read MoreFor many businesses the reality is that they stay small and don’t grow beyond a certain point. This may be for a number of reasons it may be choice of the owner or it may be involuntary, the owner has big plans but they never come to fruition. The owner always trapped in the hope of one day I’ll get to where I want to be.
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