How do you take your business to the next level? Is it marketing, is it people, is it innovation, is it technology or is it capital? The reality is that all of those are true. However, not one individual thing at any one time. The critical concept of growing your business and taking it to the next level is about leveraging.
If you have had an actual drop in turnover for the Sep 2020 quarter of 30% or more.
The main change to businesses eligibility is the prior test was based on the June & September quarters as opposed to only Sept.
By that, I mean what is the strategic advantage in your business, the thing that makes your business unique from others? Is it cost, or is it differentiation? By differentiation, I mean being different for service, unique products, ideas or value. Many business owners know their secret sauce; it’s in their head; that’s what they […]
If cash is King, then bank reconciliations are Queen. It’s essential to do bank reconciliations (bank recs), whether by your accounting services provider or yourself as a small business operator. If you’re struggling with cash flow you need to be on top of when cash hits and leaves the bank account on a daily to […]