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How to add thousands to your bottom line

06/10/16 -Financial Performance

Just like in our own household, waste costs the average family business tens if not thousands. However, the business owner doesn’t just incur the yearly cost, but the multiple of that cost when a business is sold.

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Three reasons businesses don’t have cash

06/10/16 -Financial Performance

There's an old saying - profit is opinion, cash is fact. That's because despite making a profit, some businesses still don't have enough cash to pay the bills. At the end of the day, a lack of cash will kill a business.

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Beginning at the end…9 step process for achieving your exit plan

06/10/16 -Exit Planning

In business management guru, Stephen Covey’s, best-selling book, The Seven Habits of Highly Effective People, beginning with the end in mind was a top habit of his. This got me thinking. Why is it that so many business owners don’t have a clear picture of what they want their business to look like when it’s ‘done’?

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Funding options available for innovative businesses

06/10/16 -Financial Performance, Growth, Innovation

The Federal Government has indicated that they are very keen to support innovative businesses. There are a number of funding options available by way of government grants for businesses that can meet the Government qualification requirements.

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Cash: can a business have too much?

06/10/16 -Financial Performance

I was recently asked by a client whether they were holding too much cash in the business. My answer was – it depends. It depends on a number of things as well as the reasons for the cash build up. There are economic, commercial, financial and structural issues to be considered.

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