by Scott Richards | Nov 29, 2012 | Uncategorised
Businesses fail because of lack of cash not lack of profit. Its not a profit until the cash is in the bank. Obviously it’s important for your business to be profitable and you should focus your attention on making your business profitable. However, if you focus...
by Scott Richards | Nov 29, 2012 | Uncategorised
The difference between businesses that fail or struggle to survive and businesses that are successful is their level of financial intelligence. There are 3 stages of financial intelligence in small business 1. Start Up: Focus on Sales When a small business starts it...
by Scott Richards | Nov 29, 2012 | Uncategorised
I was watching a program on television with my son called Escape from Scorpion Island. It’s a survivor type of program but for kids. The children were divided into two teams and had a challenge to take. The teams had every right to be motivated to win the...
by Scott Richards | Nov 29, 2012 | Uncategorised
Sunday morning is your favourite time of the week. Every Sunday you go down to your local coffee shop for breakfast and to read the paper. However, just as you are heading out the door the phone rings. You answer it. “Hi, I have just called to inform you that if...
by Scott Richards | Nov 29, 2012 | Uncategorised
Your customers don’t see your business; they don’t really care about your ‘mission’; they feel the experience of dealing with your enterprise and they think brand. Your brand is not just your logo and tagline. If the sum of all the...