by david@numbercraft.us | Oct 26, 2023 | GUIDES: Increasing Profit
For many small businesses, the best way to improve profitability is to increase turnover, as there’s no limit to sales but there is a limit to how much you can reduce your costs. Let’s look at how you can focus on each of the five ways in our profit increase...
by david@numbercraft.us | Oct 24, 2023 | GUIDES: Sales & Marketing Resources
Whichever industry your business is in, cultural differences can have a direct impact on your profitability. If you try to understand the cultures of your customers – their customs and differences – you’ll have a better chance of keeping them and gaining more. By...
by david@numbercraft.us | Oct 23, 2023 | GUIDES: Resources for Starting Up
1. Put together a strong advisory team Starting a business can be a lonely process and thinking you can do it all yourself is the road to extra stress and pressure. Study successful business owners and you’ll find they have surrounded themselves with a strong group of...
by david@numbercraft.us | Oct 22, 2023 | GUIDES: Exiting & Selling Resources
A succession plan is something every business owner needs to prepare for the inevitable – the day you’ll transfer assets and control of your business to a family member, business partner, employee, or outside buyer. Many business owners put off succession planning for...
by david@numbercraft.us | Oct 21, 2023 | GUIDES: Financial Resources
So, you have a great business idea and are convinced you can make it work, but you don’t have much capital to get your business off the ground. Juggling existing financial commitments such as a mortgage or bank loans could put a squeeze on your business plans. A...
