Escape the Hourly Rate Trap Many businesses and sole traders are caught in the hourly pricing trap, charging for their services according to an hourly rate. If this is your business, you probably don’t know you’re caught in a trap. Everyone you know is working…
Learn to dance on a moving carpet While listening to Jamil Qureshi at a recent conference, he pointed out how we must be open-minded and continually look for ways to improve our business, particularly to innovate and re-invent. The phrase he used was poetic and made me…
The adage “Revenue is vanity, profit is sanity, cash flow is reality” holds true, yet many businesses still prioritize revenue. Concentrating on profit margins offers numerous advantages, as it frequently leads to earning more while working less. But the question remains: how is this achieved?…
The Power of a Unified Vision I frequently talk to business owners who haven’t yet established a unified vision. When I ask, “If I were to ask each of your staff members individually, ‘Where will the company be in five years?’ would I get the…
Running your own business can always seem like you never have enough time to do anything. Balancing your team, their needs, whilst tracking output can be a nightmare if you don’t have a concrete process in place. The biggest key in time management is prioritisation.…
