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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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Category: LIFESTYLE

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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If I’m working ‘On’ my business what should I be doing?

Mark Greer. BUSINESS PLANNING, LIFESTYLE

I’m sure you’ve heard about the need to work ‘on’ your business as well as working ‘in’ your business.  But have you ever stopped to think what exactly you should be doing?   First some practical distinctions to compare working ‘on’ and working ‘in’.   Working ‘On’ Your business (Essentially Planning) Working ‘In’ your business […]

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Do you want to be happy or successful or both?

Mark Greer. LIFESTYLE

Or does one unlock the other? Robert Waldinger, a psychiatrist and professor at Harvard Medical School refers to perhaps the longest study of adult life in this TED talk.   In just under 13 minutes you can hear how a study of over 700 men from 1938 until today has tracked what makes us more happy, […]

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BUSINESS PLANNING

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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