Tag Archives: business information systems

A Small Business is not a little Big Business – Part 2

In the previous post Welsh and White (1981) argued that just the size of small businesses creates special conditions “which can be referred to as resource poverty – that distinguishes them from their larger counterparts and requires some very different management approaches”.  Small businesses usually cannot afford to pay for the professional services they need to implement… Read More »

Let’s clear up Gross Margin/Profit and Mark-up

I was once talking to a student who was puzzled about Gross Margin – “Is it Gross because its big or is it that it is ugly?” he asked. (Was he joking???). If you are well versed in these terms no need to read further. However, I have come across small businesses that are not… Read More »

How do you know if a business is “in Control”?

Whilst how best to control a business is a complex issue and people write papers or even whole books on the topic, this post explores some of the main characteristics of a business that is in control. The final measure of success is that the business can consistently trade profitably. You cannot get around the fact that… Read More »

About this Blog

The idea behind this blog is to engage business owners in a conversation about techniques, methods, tricks, systems and other tools that help with the challenging task of managing a small to medium sized business. During my past and present consulting assignments I come across interesting adaptations of known good management practices. After all …… Read More »