Are you driving your business, or are you being driven by your business? By driven I mean, your typical day starts, you get up early, rush off to work, do a few hours of preparation, paperwork, do some marketing, pay some bills, move stock around, basically doing any day to day task.

Delegate or Die. So many times as a business owner, we hear everyone say, "You need to delegate this. You…

Now that cashflow boost has ended, some businesses may be facing a cashflow chasm. One of the little hacks I'd like to share is how to work out if you need additional funding over the coming months.

What are the numbers that matter in your business? When you look at most great business entrepreneurs and titans of commerce, you often find that they have a set of numbers or a rule of thumbs that they use. Unfortunately, in this era of information overload, we can often be overwhelmed with too many numbers, facts, and figures, and you may be following the wrong metrics.

The next part of the exercise is to go through and look at how you can refine each of those areas. More importantly, as you're working through that list, what could you get more leverage by bringing in an expert or getting somebody else to do the services.

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.

What Is Your Secret Sauce? By that, I mean what is the strategic advantage in your business, the thing that…

Bank Reconciliations Are Queen. If cash is King, then bank reconciliations are Queen. It's essential to do bank reconciliations (bank…

For most businesses, stock credits seem to kill confidence in the stock control system.