Hello! My name is Raymond Huan and in this video, I’d like to share with you the dangers of not understanding your business from a financial viewpoint, its consequences and what you can do to overcome it. I have encountered businesses owners who have some semblance of knowing how to read a financial statement of …
Rapid Business Growth- Not understanding Financial Statements Read More »
If you allow your account receivables to outrun your growth, it could lead to the demise of your business. I will show you the facts of allowing that to happen and how you can overcome that. But before we continue with this video, allow me to define what an account receivable is. An account receivable is …
Rapid Business Growth – Allowing Acct Receivables to outpace Growth Read More »
In managing a business, mistakes can and do happen, but if you do go about making decisions the right way you will maximise the possibility chances of you making the right decision, given your business and given your resources. We all know that making mistakes is part of growing business just like in life. The more mistakes we make …
Are you a team player? That is a question you often hear corporate business managers asking their staff or team leaders. But the question should be directed at the entrepreneur and small business owner also. In fact, it may be the first question a business coach will ask when working with a small business owner.
For professional be they an IT consultant or a graphic designer it would be considered by most, ‘natural’ that a professional thinking of how much to charge should aim to price their services at a ‘fair’ price; perhaps a little like Goldilocks not too high, not too low. The truth is that who you ask …
Researching New Market Opportunities No start-up entrepreneur in his right mind would do a top-down forecast by calculating how much of a market one needs to be successful so researching market opportunities is an important approach in forecasting. The top-down forecasting approach is where – typically – an entrepreneur starts with a large number (e.g. …
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