by david@numbercraft.us | Dec 9, 2023 | GUIDES: Increasing Profit
Sales and profit are two very different things – as a business owner, you can find yourself without the cash to pay bills despite making sales you knew were profitable. You may also be startled to discover that strong cash flows from sales deliver little profit. What... by david@numbercraft.us | Dec 8, 2023 | GUIDES: Increasing Profit
It’s important to identify and monitor the key drivers of your small business to boost profitability and cash flow. Boost profitability by recognizing your key drivers Identifying the key drivers of your business is critical to boosting profitability. A key ‘driver’...
by david@numbercraft.us | Dec 7, 2023 | GUIDES: Increasing Profit
Taxes – there’s no avoiding them. But there are ways to reduce the amount you have to pay so that your business is more profitable. All it takes is some preparation, planning, and the advice of a good tax specialist. So, one of the first things you need to do is talk...
by david@numbercraft.us | Dec 6, 2023 | GUIDES: Sales & Marketing Resources
As a small business owner, you’ll want to get positive returns on a limited marketing budget. It’s important to monitor the quantity and quality of advertising in order to be as effective as possible. Choose advertising you can monitor It’s impossible to measure the...
by david@numbercraft.us | Dec 6, 2023 | GUIDES: Increasing Profit
Operating at a loss simply means you’re spending more money than you’re making. And while it’s not uncommon, especially for new businesses, it’s still not an ideal situation and one that shouldn’t be allowed to continue in the long term. Otherwise, eventually you’ll...
by david@numbercraft.us | Dec 5, 2023 | GUIDES: Sales & Marketing Resources
Choosing the best export target(s) for your business is critical because ‘getting it wrong’ can waste time, energy and money. This section provides ideas and information to help you understand the opportunities better and identify the best targets and marketplace....
by david@numbercraft.us | Dec 4, 2023 | GUIDES: Resources for Starting Up
Coming up with a new idea is exciting, and you probably want to jump straight in and make it happen. But before you invest too much time and money, you need ensure your idea is feasible and likely to give you a reasonable return on investment. Obviously, there are...
by david@numbercraft.us | Dec 4, 2023 | GUIDES: Business Planning Resources
An effective export business plan lays the foundations for overseas success. Each piece of the plan should come together to create a blueprint that will see your business prosper in the years ahead. Goals The foundation of your export business plan will be built on...
by david@numbercraft.us | Dec 3, 2023 | GUIDES: Business Planning Resources
Anyone who has been through a major earthquake, flood, fire or other disaster can confirm that a lot more could have been done – and should have been done – to lessen the impact. Forethought is the key to recovery. Assessing the risks Meet with staff and advisers to...
by david@numbercraft.us | Dec 2, 2023 | GUIDES: Increasing Profit
Depreciation is basically a reduction in the value of an asset over time. What this means for your business is that if you buy a substantial asset like a computer or a car, you can claim a certain amount of the loss of value over time as a business expense. It’s also...
