Maximising Profitability for Small Business: Where the Money Leaks Out
Learn practical strategies for maximising profitability for small business. Fix cash flow, pricing, and operational leaks to make your small business profitable.
Learn practical strategies for maximising profitability for small business. Fix cash flow, pricing, and operational leaks to make your small business profitable.
Running a small business in today’s unpredictable world is not for the faint-hearted. Every day, business owners face challenges—economic downturns, shifting customer habits, supply chain headaches—that can test even the most resilient among us. But here’s the good news: your business can do more than just survive with the right strategies. It can thrive, even …
Thriving in Tough Markets: More Proven Strategies for Small Business Success Read More »
In today’s unpredictable business environment, supply chain disruptions are becoming increasingly common. From global pandemics to shipping delays and material shortages, small businesses must be ready to navigate these challenges. The key to survival—and success—is adaptability. So, how can small business owners build supply chain resilience? In this article, we’ll explore the mindset, strategies, and …
Building Supply Chain Resilience: How Small Businesses Can Weather Disruptions Read More »
A Harvard Business School Professor, award-winning author, and economist Clayton Christensen says sticking to your principles every single time makes business sense and may even save you from devastating losses in the long run. In fact, by ignoring your principles, even for just one time, may cause irreparable harm.
In business, even the most carefully crafted plans can sometimes fall short. A plan might seem perfect on paper, but reality can throw unexpected challenges our way. Despite our best efforts and adherence to strategic advice, things don’t always go as planned.
There is a very basic economic principle that many businesses abide by: to maximise your profits, you need to minimise your costs. In this video, I explore three ways you can start doing today to help you increase your profit without increasing your prices.
One of the most established and relevant marketing strategies is product or service differentiation—that is, competing by offering something that none of your competitors offer. One way to differentiate is to focus on a niche market. In this video, I explore what a business niche is, why focusing on a niche may be a winning …
https://www.youtube.com/watch?v=9Z9KnihiG3A Is your business or industry being disrupted? In this video, I give you 3 signs that may indicated that your business or industry may be experiencing or is already experiencing disruptions. Sign #1: Nothing has changed in the last decade or so One sure sign that an industry or even your business will be …
https://www.youtube.com/watch?v=3JmtTxzWW2I If you’ve picked up a news article in the last few weeks—maybe even the last few years, you might have a sense of how rapidly things have been changing in the global economy. In the business world, this is what we call a VUCA world. In the second of this two-part video series, I …
Leadership skills you need to thrive in a VUCA environment PART 2 Read More »
https://www.youtube.com/watch?v=n4Wz0N-TArA If you’ve picked up a news article in the last few weeks—maybe even the last few years, you might have a sense of how rapidly things have been changing in the global economy. Some might say, “It’s crazy out there!” Perhaps that’s true to some extent. In the business world, a crazy world is …
Leadership skills you need to thrive in a VUCA environment Read More »
https://www.youtube.com/watch?v=xIZS71yfyF4 Living in a world where markets and lifestyles continually change places many demands on a business leader. Building stamina and keeping focused becomes essential in staying in the game. In this video, I discuss how small business leaders can build stamina and resilience for your business to keep you going even when the going …
https://www.youtube.com/watch?v=EZ2NopHtV1w In a volatile and uncertain world, where govt regulations in the COVID arena bring about complexity, along with the ambiguity of what you can, cannot, should, and should not do when operating your business and in living your lives. This video looks at that, and we address one word: VUCA. What is VUCA? VUCA is …