Work on your business.. Do more with less! Take the time to reflect and make better decisions on the expenses that you are taking on in your business.Take caution when taking on expenses and give good reasons to every purchase. Everything has to be funded and that money needs to come from somewhere – every …
BE S.M.A.R.T That’s be Specific, Measurable, affordable, realistic and timely! Leadership: – Not a tangible skill – confidence and experience – Lead by example – Pulling through rather than pushing through the process Management: – Tangible skill – a role given to an individual– Pushing through not pulling through the process As always, thank you …
Honesty, Transparency, Fairness and Consistency Key things to consider: – Style of communication – standardise text and correspondences with a unique element as required. – Consistency of approach – Records of interaction and the people – how to get a reputation.– Construction of the relationship – Channel who to speak to not a barrier. Suppliers: …
The differences between working on vs working in… Working on your business: – Your business plan – writing it, working on it and finalising it.– At the beginning of your start up your time should be 100% on working on your business. – New ideas to innovate your business – systemisation, approving existing or adding …
Tell Me About… Working On Vs Working In your business Read More »
Season Two Trailer We’re back! Sorry it’s been so long… we were having too much fun! We’re well rested and we are ready to roll on season two!Paul (Dad) has plenty more knowledge to impart this season and I hope you are ready! As always, thank you for listening! Beth
How do I take money out of my start up to replace my salary? Your salary will need to be paid by the profits of your company.To take a salary you will need a payroll. If you need to take a salary you will be a burden to your company. Listen to the full ep …
The Four Basics Of A Business Working on your business! 1 – Record KeepingFor banking – keep track of all the ins and outs of the finances and keep track of all the receipts! For tax – by keeping the receipts you can keep track of the expense that is tax Stock Management Also, think …
What are the options and which one is best for you? Sole Trader Just for you working under a brand that you’ve created. Can be done on your own but you may require some further knowledge and/or guidance in the accounting side of the business. PartnershipA contract/agreement/clear guidance is set in place between you and …
The Fear Continuing on from last week’s episode we talk about fixing the plan and really, your minds approach to something new, and just doing it. “Only put off until tomorrow what you are willing to die having left undone.” –Pablo Picasso The execution of your business plan is a consideration of both risk and …
We’ve chatted about the business plan… but what next? In this episode we discuss the move from ambition to achievement. Focusing on Dad’s three word mantra – Plan. Fix. Do. When you’ve spent time planning then you fix the plan and then you … just do it. A key take away from this episode is …