One of the most critical aspects of running a successful business is understanding and effectively managing your margins. Gross margin is particularly crucial among the various types of margins as it directly influences your company’s profitability. It’s one of the first questions I ask new clients, and it’s pretty revealing how many aren’t sure. This […]...
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As a dedicated business coach, I’m passionate about guiding you toward the empowerment and autonomy that comes from implementing a robust Key Performance Indicator (KPI) System in your business. Think of a KPI system as the compass that directs your business journey, offering clarity and direction for your team’s efforts. Without them, navigating the complex […]...
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Business ownership has never been straightforward. However, as we step into the new year, it’s evident that business owners are navigating through an unprecedented array of challenges. The lingering economic impacts of the pandemic, along with the evolving dynamics of hybrid work environments, have created a landscape characterized by economic instability and financial pressures. Key […]...
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Taking out a loan is a crucial decision for business owners, and it requires careful consideration and planning. Unfortunately, there are several common mistakes that are often made when borrowing money for your business. By being aware of these mistakes, you can avoid potential pitfalls and make informed financial decisions. Here are eight mistakes that […]...
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In an ever-evolving business landscape, the need for sustainable growth strategies is undeniable. As a business coach with years of experience supporting businesses from various sectors, I’m here to shed light on the seven key levers for profit growth and some proven strategies that can propel your business forward. 1. Lead Generation: The Starting Point […]...
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When diving into the intricacies of business finance, one of the most common points of confusion for many business owners is the difference between gross profit margin and markup. It might seem like a minor distinction at first glance, but it plays a pivotal role in ensuring healthy cash flow and overall profitability. So, let’s […]...
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