by Scott Richards | Aug 3, 2016 | Financial, General Business Acumen
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by Scott Richards | Jan 1, 2014 | Financial Intelligence
Do you know how much your business needs to make a profit? In the last blog post we discovered how much profit a your business needed to make to be able to pay its bills. We build on that concept and calculate how much the business needs to sell to make the profit you...
by Scott Richards | Jan 1, 2014 | Financial Intelligence
Do you know how much profit your business needs to make to be successful? You may be surprised. For a business to be successful and sustainable in the long term it needs to make more than just the owner’s wage. It needs to cover loan repayments, increases in...
by Scott Richards | Dec 24, 2013 | Financial Intelligence
[su_quote]Sales is vanity. Profit is sanity. Cash is reality.[/su_quote] I am regularly reminded of the importance of not focusing solely on growing revenue. Obviously sales growth is vital to a business. However, there is a real danger when a business grows...
by Scott Richards | Dec 1, 2013 | Financial Intelligence
How can I have made a profit I have no money in the bank? This question has been asked by business owners countless times over the years. If you are not an accountant it is an understandable question to ask especially when business success is measured in terms of...
by Scott Richards | Nov 15, 2013 | Financial
[su_youtube url=”http://youtu.be/MHdjpprKMZQ”] Cash Flow Wisdom is one of the most popular coaching programs. This business coaching program is for business owners and managers who are stressed and frustrated because their business is performing on paper....
