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Chaos in business is a very destructive thing. Here are my tips to help you ditch the chaos: 1.     Set up systems for your administration, your records and filing! Handle each document just the once. Act on it. File it. 2.     Check your financial reporting! Are your systems giving you accurate and meaningful information? Can the HMRC, auditors and lending ...
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Chaos is a big killer in businesses. It can turn the dreams of running a successful business into a nightmare. Some chaos is largely unavoidable and actually can be of benefit.  A new competitor or customers wanting new products, will help to motivate and drive increased innovation. Some chaos is self-inflicted: demotivated staff, unhappy customers, no direction, no strategy, no ...
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In my last blog I explained the importance of systems within your business. Remember Systemise stands for Save     Your    Self   Time   Energy   and    Money  Instead of being    Stressed   and    Exhausted. Here I am looking at ways you can make a start, if you have not done so already? You kind find advice on all these tasks from my other blogs ...
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In this blog I’ll be helping you, as a business owner, understand the importance of systems within your business and how to approach it. I’ll start by defining systems, processes and procedures. So what is a System: Its a set of detailed methods, procedures and routines created to carry out a specific activity, perform a duty or solve a problem ...
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This blog examines the importance of efficient stock control. It’s crucial as it means your business will have the right amount of stock, in the right place, at the right time. If you hold too much stock, or order too soon, then you are tying up cash and you may be incurring storage costs. Goods could deteriorate, or be subject ...
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So, which KPIs should you measure? In this blog, I’ll be looking at some Key Performance Indicators – or KPIs – you could measure. They won’t all be relevant to your business, but there‘ll be some that will work for you and your business. KPIs have six forms: Absolute number, for example total sales Index, for example an internationally used ...
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In this blog, I’ll be looking at KPIs, giving you some definitions, and explaining why they are relevant. KPI stands for ‘Key Performance Indicator’. You may have also heard of KSIs, which is the same but is short for ‘Key Success Indicators’. They’re important for every business. They identify what you should be measuring, so that you know whether or ...
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What is the best business funding for you will depend on your personal circumstances, your business circumstances and your approach to risk taking. Although writing a business plan isn’t essential to secure funds, it is something I advise all my clients. At the very least it will give you clarity and enable you to focus on and achieve your business ...
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Today, I’ll be talking about the importance of business plans and how to draft one. All too often, business owners start their businesses without creating a business plan. This is a mistake. A business plan will allow you to probe your ideas to see whether your business is viable. It will save time and stress and is worth all the ...
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Today I’m talking about business forecasts – an important part of your business plan. Forecasts help you to predict your businesses income and costs. Business owners and managers often tell me that working out a business forecast can be tricky. Of course none of us has a crystal ball, but we don’t need to know exact sales figures to create ...
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