Archive for the ‘Profit improvement’ Category

Mid-year reforecast – now is the time to do it

management accounts pictureIf your business has a December year-end you are not too far from half-way through your financial year. How is it going?

You might be beating your budget or falling behind, but it is highly unlikely that you are exactly on budget and also unlikely that your budget for 2012 is now an accurate gauge of business performance.

There is little to be gained from comparing actual performance against an out of date benchmark. Perhaps it is time for a reforecast?

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Profitable pricing – goes right to the heart of your business

Profitable pricing is a virtuous circle if you get it right and a vicious circle if you get it wrong. So, how do you get it right and price profitably?

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Focus on profits, cashflow and getting paid for 90 minutes – all you have to do is get to SW6.

During January 2012, if you would like a FREE 90 minute review of how your business manages profit improvement, cashflow and getting paid – all you have to do is make your way to SW6.

I love to meet new businesses and find out what they’re up to and I also know a few things about profits, cashflow and getting paid. Continue Reading

Profits, cashflow and getting paid – plus ca change, plus c’est la meme chose

Autumn Statement, euro crises, stock market meltdown – what can you do? The simple answer is to get the basics right and there’s a great chance you’ll be fine. There are three things to concentrate on.

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Small is not always beautiful, let alone profitable

Sometimes it’s just not worth having a client that’s too small, so why not set a floor-limit for the minimum size of a client contract?

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What value does an FD add – and why you don’t need one.

Most businesses need the skills and experience a Finance Director (FD) can provide – but they don’t need an FD. Why not?

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I have a three-month project – which month has the profit?

Many businesses work on short-term projects for clients and add value during the life of the project, but when should the profit be counted in the management accounts?

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