How to manage rising costs?
If you’re a small business owner and you haven’t reviewed your prices for this new financial year or done a budget or cashflow plan, we urge to put it on your TO DO list – or give us a call at Prime Strategies and we’ll…
Evaluating new business ideas
People who are self-employed generally like to stay that way. If they sell a business they quickly start another one, and successful owners seem to have a ‘knack’ for coming up with good ideas for new businesses. This ability is based largely on their experience…
Should i sell my business to a staff member?
Over the past few years, more business owners have started the planning process for exiting. Something that has become increasingly common is owners are wanting to offer the business to existing staff. What I have found is there are several difficult things to contemplate when…
This Is Not My Responsibility
“This is not my responsibility” is unfortunately a sentence which is heard more than it ever should be in businesses. One of the common factors I find when working with underperforming teams or organisations is a lack of clarity around roles and responsibilities. As a…
Sales & Marketing
Watch your revenue soar What keeps your customers coming back? Do you know your unique market position? Are you happy with your sales results or does your sales and marketing approach need a make over? Our sales and marketing programs enable clients to realise their…
A New (and Better?) Philosophy
Business consultants spend a lot of time talking to clients about staff issues – and all too often it’s because someone on the team hasn’t acted in a way that the boss would have done “back in my day”. It’s a tough one – often…
A Business Owner with too many hats
They call this a “Dashing Cavalier” hat: When you are at work as an SME Business owner, do you try and wear one of these? The Dashing Cavalier: The person who can do everything? What I am talking about here is that as a business…
Improving Productivity 3 – the Fifty-Minute Block Principle
How much of your day is taken up by responding? Don’t get me wrong clearing your inbox, responding to colleague questions, or texting friends about a catch-up is important, so is getting on with the work that your team and clients depend on you to…
Improving Productivity 2 – the Five-Sentence Principle
How easy is it to sit at your computer, banging out reports, drafting emails or surfing the internet, but come 6 o’clock you wonder what you’ve actually achieved? If you feel like you never have enough time in your workday, there are a few changes…
Improving Productivity – the Five-Minute Principle
How often have you wanted a few more hours in the day? I know I have and without a doubt it is the most common request from business owners. Owning a business is exhilarating but it can also be exhausting, especially if you’re having to…