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 »
Cultures around the world generally respect their elders as they have the wealth of information with them in their lives. If we were to learn from their experiences, we become wiser than we are now. We can do the same in the area of businesses as well, we can learn from other businesses. There are …
It’s not what you know, but how you apply it that counts 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 …
In my last blog (How a little distraction can go a long way – Part 1), I mentioned on how a little distraction can come in the way of success. I would like to share with you how to prevent distractions from getting in the way of success. 1. Identify your goals and what you …
How a little distraction can go a long way – Part 2 Read More »
Distractions are hard to avoid as we work on our business and many of them essentially warrant our immediate attention (aka Fire Fighting). However, these distractions can also divert our attention from the most important task of taking a look at the bigger picture of building the actual business. One good case of distractions getting …
How a little distraction can go a long way – Part 1 Read More »
As business owners and managers of teams, we sometimes stereotype the behaviour of people from certain cultures when it comes down to working with them. At times, managing a culturally diverse team can be demanding. But can the business benefit from it? Managing a business team with members coming from different cultural backgrounds has its …
The Challenges and Rewards of Diversifying Your Team Read More »
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 …
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