Learning Styles
Have you ever had a team meeting, shared your wishes on what needs to happen, only to find that only a few of the troops do what you ask? I often hear things like “I don’t know how many times I have to say something…
Business regrets
What is your biggest regret in business? When I look back, my biggest regret in business was that I did not engage business advice when I bought my first business. Coming out of a high level corporate role and purchasing a small business was going…
The Power of Conducting a Swot Analysis
Don’t under estimate the power of conducting a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis. When we are working with clients this is usually completed quite early on in the process to get an overview of a company’s potential and is a key component when…
Disorganisation
One of the things that we often encounter in businesses we visit is DISORGANISATION – sometimes it’s the boss, sometimes it’s the team members individually, sometimes (but fortunately, not very often) it’s everyone. Other times it’s the office or workshop environment that creates the opportunity…
What is your Hourly Rate?
The question of hourly rates is very relevant now. With costs increasing almost everywhere, business margins are being squeezed at a relentless rate. If you are in a service-based industry where your revenue includes a charge for time, then this may be of some interest…
The Importance of Budgeting Every Year
The majority of business owners we work with do not like budgeting. Whether it is because of a lack of excel skills, understanding the construction of how Profit and Loss or Cashflow statement are compiled or the fact it can be boring budgeting on your…
What’s in a margin?
Lately, most of us will have been dealing with rising costs in our businesses. In particular, the rising cost of materials. This is not a new phenomenon, but the frequency of rises on materials has hit new highs and is not showing any signs of…
Business Ownership: The dreams we once had
One of the first questions we ask of our new business clients is, “when you started this business, what was your dream?” You would not believe the wonderful and exciting answers we get! The sad thing is that many we talk to have “lost their…
A Business Owner: Fixing those issues
One of the first questions we ask of our new business clients is, “if there was one thing we could fix for you right now, what would it be?” You would be astounded the answers that we get! We all need to remember that when…
The Business Advisor / Consultant Paradigm
What do The All Blacks, An Olympic Gold Medalist and Bill Gates have in common? They all employ a coach. They employ a coach to help them “Create the perfect game plan perfectly implemented.” It is no coincidence that the vast majority of businesses that…