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What Is The Purpose Of Your Business?

The end of a financial year is an appropriate time to do some thinking and planning as to what is happening in your business. A good place to start is – What is the purpose of my business? How much do you want to earn?  How many hours are you prepared to work? ...

Time For A Business Health Check

The end of a financial year is a good time to have a business health check prepared on your business.  Business health checks are just as important to businesses as medical checkups are for humans.  A business health check can highlight some potential problems before...

Business Plans – Questions To Consider

Business Funding Some of the questions that need to be considered, as part of the business plan process relative to business funding, include:   How is the business funded at present? What are your projected sales over the next 3 years? Details of your current...

Cashflow Monitoring Is Vital for Success

Events in the past week in the USA and Europe have highlighted the necessity for small/medium enterprises to continue to monitor their cashflow very closely.   When you read about a major American bank losing 20% of its share value overnight, you realise the...

FLOOD LEVY PROPOSED

The Government intends to introduce a temporary flood levy in the 2011/12 financial year, to assist with part of the costs of rebuilding infrastructure following the recent floods. It is proposed that the levy will not be paid by those affected by the floods or by...

BUSINESS & KEY PERSON INSURANCE FOR OWNERS

All business owners should consider what would happen to their business if they were unavailable for any extended period. How would the running costs be met? What would happen to their customer relationships? How would it affect personal income? Such risks can be...