by david@numbercraft.us | Aug 23, 2024 | Latest News: Business Development, Latest News: Business Finance, Latest News: Marketing, Latest News: Strategy
Navigating the current economic environment can feel like an uphill battle, especially in relation to your pricing strategy. Globally, economies are experiencing an inflationary environment. In the US, for example, average prices have surged by over 20% since the...
by david@numbercraft.us | Aug 8, 2024 | Latest News: Business Development, Latest News: Business Finance, Latest News: Investing, Latest News: Personal Finance, Latest News: Strategy
When Treasurer Jim Chalmers handed down the 2024-25 Federal Budget on 14 May 2024, it was clear that the government had a diverse range of objectives. From offering tax cuts to supporting vulnerable groups, the budget is packed with measures aimed at...
by david@numbercraft.us | Aug 2, 2024 | Latest News: Business Finance, Latest News: Financial Planning, Latest News: Strategy
Ever felt like the term “current ratio” sounds like something straight out of a high school mathematics class that you’d rather forget? You’re not alone. But here’s the thing – understanding the current ratio can be a game-changer for managing your business’s...
by david@numbercraft.us | Jul 21, 2024 | Latest News: Management, Latest News: Marketing, Latest News: Strategy
Most businesses understand that customer satisfaction is crucial to their success. Happy customers are more likely to remain loyal, refer others, and leave positive reviews. This trend has only been amplified by social media and online review sites, where negative...
by david@numbercraft.us | Jul 13, 2024 | Latest News: Business Finance, Latest News: Management, Latest News: Strategy
In the world of small businesses, positive cash flow is king. It’s the driving force that keeps your business engine running smoothly, covering all your liabilities. But what happens when outflow exceeds inflow? Cash flow problems ensue, threatening the survival and...
by david@numbercraft.us | Jun 29, 2024 | Latest News: Management, Latest News: Strategy
As a small business owner, one of your biggest concerns may be the threat of retail theft. It’s understandable that the thought of someone stealing from you could be both frustrating and disheartening, especially when you’ve poured so much effort into building your...