Small businesses often pride themselves in the energy and skill of their entrepreneur(s). “We are people of action – that is the secret of our success.” they say. No one is arguing about the mantra that gets things done in a timely fashion. However, there must be a time to stop and review what is… Read More »
Why financial planning is not a waste of time. People say to me that they cannot predict the financial outcome of their business and therefore spending time doing a budget forecast is a waste of precious time. The forecast never works they say. This is an outdated view. Given the right tools and consistency of… Read More »
It is the end of the financial year. It is time to turn your mind to next year and onwards. As a business consultant I hear business owners say “Why should I sit down and do a budget? I can never predict the future. It is a waste of time!”. Think about that statement. The… Read More »
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 »