Structure, in the office and at home, allows you freedom to be impulsive…sounds confusing but makes sense when you think about it. Prioritising some of the day for you to work on the business or consider your next steps encourages considered risk taking rather than fire-fighting, so important when you manage a business. I do […]
AFR November 2013 Take control of business cash flow Good cash flow is the backbone of any small business so when the bills aren’t being paid on time, quick action is needed. Dun & Bradstreet’s latest Trade Payments Analysis shows 60 per cent of invoices are settled beyond the standard 30-day payment period, with many […]
I have been working in a variety of challenging environments recently, including partnership discussion, staff management and re-direction. One of the most critical issues for an md is to run a business effectively while being aware of the people in your business and how to manage them fairly – true leadership is a challenge. Transparency, […]
Published in The AFR, 13th July 2013 “Getting access to much-needed funding is a well-known challenge for small businesses in the best of times; equally challenging is family members coming to a mutual understanding about where the business is headed.
Question: In your logo, what does the man under an umbrella sitting on a ladder represent? An interesting question. A long-standing client of mine posed the above question this week and I had to stop and think about the answer. I chose the picture when I launched my business because it represented so many different […]
The last few months have been particularly interesting. 2013 started with huge confidence and has become a year of consolidation and “dipping the toe” in the water of expansion. In order to grow it is critical to set precedents and ensure that you have developed a strong foundation…not rocket science, we all know that, but […]
Published in The AFR, 12th January 2013 Business partners might start with the best intentions and utmost enthusiasm for success, but it is how they deal with change that can make or break the partnership in the long term. Something as simple as a regular meeting to check that business goals are on track and everyone […]
How do you stay objective when you have your own business and have invested so much of yourself in it? Challenging but possible. Keep space between you and your company by having regular meetings to work “on the business”. These can be either on your own (after a run, a swim or over breakfast) or […]
Business is black and white, usually, apart from the complex world of relationships within the organisation. I don’t mean the personal, “do you like or not like someone” but the more in-depth aspect of trusting your colleagues. Can and will they complete the work by the deadline? Are they capable of managing that client situation […]
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