Articles tagged with: cash
On Friday 9 Sep 2011 I had a most puzzling experience when I attended an event run by event professionals for event professionals.
There was no internet. Not only had the wifi failed, the location was in a known 3G blackspot. In this day and age most delegates would expect an internet connection at big conferences, expecially at a conference which claimed to be at the cutting edge of technology. if somebody is paying you, then you have an
obligation to give them what they have paid for.
Some people have not yet …
More Profit in Less Time – The Wednesday Tip
Cash, then Systems and then People. That’s the way to grow a business.
It’s true that more than 50% of small businesses fail before they reach their 3rd anniversary. And the biggest reason that businesses fail is a lack of cash. So in order to give yourself a sporting chance, your new business has to focus on bringing in cash.
If you can’t do that in the early days, then you really don’t have much of a business.
Once the theory starts working in practice …
getting things done »
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When we start out in business we are supposed to write a business plan. Only 5% of small businesses in the UK actually write it down!
People often ask me what they should do about a business plan. “Write it down!” is what I tell them, and keep it simple. If you don’t know where to start, start here. And then if you want to succeed, just follow the …
What is the primary cause of business failure? It’s tempting to say procrastination, although you might want to take a bit of time and think that one over!
To be honest, it’s lack of cash. In the UK more than 50% of small businesses go out of business before their third anniversary. And it’s not a lack of profit that’s the problem, it’s the cashflow. Lack of cash is the biggest reason that many businesses go out of business. I speak on this subject (see Proactive Paul Dot Com) and there …