Business Debt Pros and Cons

Business Debt Pros and Cons

Aug 6, 2023 | Budgeting, Business Success

Business Debt Pros and Cons is the theme of this weeks vlog.  In the dynamic world of business, a vast trove of information resides within the virtual realms of the internet. However, within this treasure trove comes a challenge, a challenge for us all.   The plethora...
Preparing effective management reports

Preparing effective management reports

Jul 9, 2023 | Budgeting, Business performance

Running your business requires many things, effective management reports are part of that list. One of your goals may be to solve your clients’ problems, have a motivated team and make money.  But, just like any organisation, you need to keep an eye on the business...
Practical tips for reducing your business costs

Practical tips for reducing your business costs

Jun 25, 2023 | Budgeting

Running a business is all about making profits, which means managing reducing your business costs is critical to success. While this might seem challenging, there are effective ways through which you can significantly reduce your expenses and increase your bottom...
Business turnover

Business turnover

Feb 12, 2023 | Budgeting, Business performance

Business turnover, also known as revenue or sales, refers to the financial value of goods and services sold.  This weeks video looks at Firstly, what sales turnover is Secondly, how it’s measured Thirdly, its strengths Lastly, why it is a vanity metric for...
Investigating variances

Investigating variances

Feb 5, 2023 | Budgeting, Business performance, Business planning

Investigating variances, moreover, when to do so is an important part of any business.  A variance is the difference between a budgeted figure and an actual figure. It can happen in almost any area of a business—sales, costs, profit margins, etc. There are five key...