HOW’S BUSINESS? … DO YOU REALLY KNOW?

The “How’s business” question, or more likely, the colloquial greeting of business owner’s, is often innocent enough, but how many business owners have the knowledge to be able to answer you accurately.

Business owners will answer the question either as optimists, pessimists, or …… “uninformed”.

HOW TO GROW YOUR BUSINESS ……. AND INCREASE IT’S SALE VALUE!!

BUSINESS VALUE ENHANCEMENT


Part 1


This is the first of a 2 part article on business value enhancement that all business owners should consider in their journey to improve their businesses, and ultimately the $ale value of their business.

New Maxim Watt St Office

Come and visit our new office.

Level 1, Suite 101

45 Watt Street

NEWCASTLE  NSW  2300

Do I need a Business Advisor or Business Mentor?

The role of a business advisor (or mentor) is to guide you through a period of change towards agreed objectives. This will include the advisor attending to:

• Being an effective sounding board for your ideas, providing honest feedback.

• Share his/her experiences, including what has worked and what hasn’t worked? 

We have made a profit, yet why is there no money in the bank?

As business advisors, this is perhaps the most common question we get asked by business owners.  To understand why, it’s important to understand the difference between profit and cash.

As an Accountant, it’s hard to go past explaining this without using a formula! In simple terms;

Profit = Total Income, minus Total Expenses

15th November 2013 - Maxim Breakfast

Maxim Breakfast and Website launch.

What Should I Be Doing in Tougher Economic Times?

 

There seems to be a continuing “gloom of negativity” around the business world, and it is now some 5 years post the on-set of the GFC of 2008!

Why don’t I have any time?

We are all time-poor in business, right? Administration functions for government, such as tax, super, workers’ compensation insurance and many more, make business life challenging. Then there is looking after customers and staff, while trying to grow your business at the same time. Throw in family responsibilities, health and fitness, and your ‘time bank account’ is generally overdrawn.

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