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Great Articles from the Blog

How to improve your cash flow – 8 top tips

How to improve your cash flow – 8 top tips

We all know that cash is king and making sure that more if it is coming in than is going out is vital. Having a cash flow forecast is important, particularly if you have a seasonal sales cycle when you may have to ramp up production, incurring costs before you are able to sell the goods. The forecast will allow you to track where you are with your money each month and show any months where the costs may outstrip the incoming revenue allowing you to plan for the shortfall, rather than it being nasty surprise. Sound daunting? Managing your […]

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Into the gap – five steps to improve your strategic planning and implementation

five steps to improve your strategic planning and implementation

McKinsey’s published a great article – Managing the strategy journey. Its focus is on the large corporate market. But there are some valuable lessons and gems that can be used by smaller companies. In terms of successful strategies, they found, rather alarmingly that of the 2000 companies they surveyed only 35% had strategies that passed more than three of what they consider to be the ten tests for the likely success of your strategy. The full article can be read here I have taken the liberty of using the key topics in their article and translated them for small businesses. […]

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