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Managing for Growth
Browse Resources for Managing For Growth
What can a business do to increase profit when there is no further opportunity to reduce costs? Here are 5 tips to increase productivity in your business....More
Cash is more often than not the reason why so many businesses fail. Profits can’t be spent until they are collected. Obviously it’s important to sell at the right price and create the maximum amount of both gross profit and net profit. If you don’t focus on collection though you’re business won’t last very long. Cash is the lifeblood of any business, and if it isn’t flowing at the right place at the right time, this can cause real headaches for the business owner. Here we discuss how you can get the cash moving back into your bank account quickly....More
Generating success in a business requires an enormous amount of energy and dedication. However, there are certain steps you can take to find the quickest and most efficient route. Here are some tips on setting goals to achieve success quicker....More
'KPI' stands for Key Performance Indicator. They are measurements used by a business to drive performance. There has been increasing interest from business owners and managers about how to set effective KPI's. Here we discuss the 5 basic steps you need to take....More
More and more consumers are going online to research and purchase goods and services. From booking accommodation, researching travel destinations, buying music and clothing to ordering flowers and finding real-estate, the internet is fast becoming a mainstream destination for consumers. This trend represents a world of opportunity to generate new revenue, grow your business online and capture new customers. Topics covered include: online business, internet business, business website, online marketing and e-business....More
For a long time strategy has been considered one of the realms of business that you need an MBA to understand. Not true! Read our article to assess the strength of your business strategy....More
Getting the right balance between strategic, tactical and operational decisions will have your business powering forward. Here we outline some tips on strategic, tactical and operational decision making....More
In today’s Internet age, having an online presence is essential for most businesses. A website can be a valuable business tool for conducting sales, contacting current and potential customers, promoting products and building brand loyalty. But getting your business online isn’t a quick process and there are a lot of important considerations when setting up a website. Here we discuss the seven stages of building a website for your business....More
The term ‘Accounts Payable’ may not be new to you, but have you heard the term ‘Accounts Payable Days’? This is not the number of days that you take to pay each of your suppliers, but the number of days, on average, that you are taking to pay all of your suppliers. Find out here how to calculate and manage your Accounts Payable Days....More
Stock is required to be available for sale when your customer is ready to buy. The aim of the game is to have the stock on the shelf ready for sale for the shortest possible time. This is because it costs money to have the stock sitting around waiting to be sold. Here we discuss how you can turn your stock into working capital....More
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