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Stop working harder, start working smarter

Our purpose in business is to help business owners and directors stop working so hard and instead work smarter. We mentor these people to become better leaders, strategic thinkers and smarter business owners. Effectively going more time, more enjoyment and a greater passion for their business and the work they do. Time Freedom, Mind Freedom […]

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Author: Mark Greer

The sixth cause of poor cashflow – Overheads are too high

Mark Greer. BUSINESS PLANNING

This isn’t typically a place where you will find a lot of wastage. Our experience is that business owners are very careful about managing their expenses, and the smaller the business is, the truer that statement is. Having said that, as a business grows, so do the layers of hierarchy. Management control can deteriorate, and […]

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The fifth cause of poor cashflow – Gross profit margins are too low

Mark Greer. BUSINESS PLANNING, LIFESTYLE

Your gross profit margin is what is left from your total sales after variable costs are deducted. For example, if you are a retailer and your sales in a given period are $1,000,000 and the cost of the goods you sell in that period is $650,000, then your gross profit margin is $350,000, or 35%. […]

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The fourth cause of poor cashflow – Your debt or capital structure

Mark Greer. TECHNOLOGY

Often a reduction in interest charges as well as significant cashflow improvements can be achieved with a regular review of existing debt. A good place to start is to list all bank loans, mortgages, finance company loans, hire purchases, credit card debts, and any other debts (don’t include amounts owed to suppliers in this list). […]

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BUSINESS DEVELOPMENT

Stop working harder, start working smarter

Our purpose in business is to help business owners and directors stop working so hard and instead work smarter. We mentor these people to become better leaders, strategic thinkers and smarter business owners. Effectively going more time, more enjoyment and a greater passion for their business and the work they do. Time Freedom, Mind Freedom […]

READ MORE

BUSINESS PLANNING

Stop working harder, start working smarter

Our purpose in business is to help business owners and directors stop working so hard and instead work smarter. We mentor these people to become better leaders, strategic thinkers and smarter business owners. Effectively going more time, more enjoyment and a greater passion for their business and the work they do. Time Freedom, Mind Freedom […]

READ MORE