Have you ever baked a cake without checking what ingredients are needed or finding out the correct measurements? If you have, the chances are it didn’t turn out as you’d expect. Running a business is much like baking a cake, without following the recipe your business can end up crumbling. A business plan is essentially the recipe you are going to follow to construct and develop your business. Companies that write and review their business plan regularly grow 30% faster [...]
Structured planning is extremely valuable to small businesses in order to survive and grow, and is a topic very close to Cashflow Manager CEO Tim Millar’s heart. In a 15-minute session at a recent Adelaide SME Association function, Tim presents valuable tips and insights he’s acquired over his career for businesses to follow to stay relevant and competitive in today’s market. Watch Tim’s presentation in the video below. Planning for small business success from Cashflow Manager on Vimeo.
The silly season is almost upon us and 2014 is only weeks away. This period can be crazy for many small businesses, with staff absences, increased business activity, and extended trading hours. Business owners need to have a plan in place to kick off the new year in the best way possible. Review Your Products and Services Can you repackage or arrange promotions to make your products and services more attractive to changing customer needs for the holiday and new year [...]