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Let's Reflect and Reset

January 20th 2023 No matter what happens in 2023, there are always peaks throughout the year. Spend time reflecting on the year that was and resetting for 2023… what goals will you be smashing? The last few years h Read more

Grow your numbers - Improving your margins

November 11th 2022 Measuring your sales and margins provides insight into which parts of your business are performing well and which ones need improvement. With improved margins, you don’t have to generate as many Read more

Profit vs Cashflow

November 4th 2022 As a business owner, that’s one of your key financial aims – to make enough sales, with a big enough margin, to generate profit from your business enterprise. But how does profit differ from Read more

Understanding Your Balance Sheet

September 23rd 2022 To understand the financial position of a business at a specific point of time, look at the balance sheet. The balance sheet may also be called the statement of financial position. Together with the Read more

Understanding Your Profit and Loss Statement

September 19th 2022 Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an Income statement and its main purpose is to list income and Read more

Difference between profit & cash

July 8th 2022 1. Sales. Profit increases when you increase sales; cash increases when you collect the money from customers.  To increase both your profit and cash from sales: Have a point of difference with Read more
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