30/07/2020 No Comments
Every business needs to have a certain amount of sales to cover their fixed costs and that becomes a challenge for businesses that are running at or below break-even. Right now, for many businesses, it’s critical to get to break-even quickly. So understanding your breakeven point and being able to evaluate your fixed costs to bring […]... Read More
23/07/2020 No Comments
Right now, a lot of businesses are having to adapt their offerings (or to use an overused buzz word – pivot) to respond to the changing needs and priorities of their customers. You may, as a business owner, need to rethink, reimagine your business and figure out a way to serve your customers in the […]... Read More
09/07/2020 No Comments
Many business owners will say they want to develop an exit strategy because they’re fed up and want out of their business. However, there is a profound relationship between the valuation of the business and its stage of development. Say for example a business is cash flow positive but the owner is working 60-80 hours […]... Read More
