by david@numbercraft.us | Nov 1, 2023 | GUIDES: Increasing Profit
Cutting costs can be a quick and easy way to improve the profitability of your business. Introducing cost-control measures can bring immediate savings and ensure you remain profitable in the long term. But it’s important that cost-control measures are carefully...
by david@numbercraft.us | Oct 31, 2023 | GUIDES: Sales & Marketing Resources
Whether you’re thinking of starting a new business, considering adding new products, opening a new branch, or increasing the services you offer, it’s common sense to research your market to make sure there is sufficient support for your idea. There’s little point...
by david@numbercraft.us | Oct 30, 2023 | GUIDES: Resources for Starting Up
An idea can be a business’s most valuable asset. Whether it’s a business name, an original product or a portfolio of designs, your business will have intellectual property (IP) that needs to be protected. It’s also important to understand how intellectual property...
by david@numbercraft.us | Oct 28, 2023 | GUIDES: Exiting & Selling Resources
Selling up You won’t necessarily be offered significant cash up front, and you don’t want your business to go under before the transaction is completed. If you’re selling to someone you wouldn’t necessarily invest in yourself, then make sure no money is still owed by...
by david@numbercraft.us | Oct 27, 2023 | GUIDES: Management Resources
Once your business is up and running, it’s important not to rest on your laurels. Successful business owners are always looking at ways they can grow their business and maximize their profits. We’ve put together a guide and checklist that can help you identify ways to...
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...
