Financial control: When the buck stops it's always with you

I’ve never met a business owner who wouldn’t like more profit. What if I told you that it’s within your power not just to make more profit, but to double your profit in 12 months, or even less? You might think that sounds crazy and is going to be about the latest sexy marketing...

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The Seven Core Drivers of Profit, Cash Flow and Business Value©

control finance growth Mar 08, 2021

Industry statistics show many SMEs are either profitable or making meagre profits. Our primary goal and passion at the Business Growth Institute is to help business owners change that.

Source: smallbiztrends.com

In fact:

  • 30% of SME’s continually lose money
  • 30% break-even
  • 40% are...
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What does a mature finance component look like?

In a recent blog we looked at the foundational component of any business, Finance and what the finance component looks like at different stages of maturity; from the brown paper bag, to spreadsheets, double entry software, right through to forecasting, and strategic FD level foresight.

The...

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Understanding the Financial Mechanics© of your business

control finance management Feb 05, 2021

So far on the blog we’ve looked at why we're in business and how it’s going, all the different sorts of pressures that we have to manage as business owners and the spectrum that all businesses exist on; from the dream to the nightmare.

There are lots of reasons why your business...

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Is your accounting and finance function fit for purpose…….and how do you know?

control finance management Jan 21, 2021

In my previous blog I talked about The Business Performance Continuum and how at any point in time for business owners like us, our businesses exist on an axis between it being an absolute dream or a complete nightmare. And frighteningly, it can swing between those two points alarmingly quickly.

...
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The dream, the nightmare and the reality of running your own business…and what to do about it.

control finance planning Jan 13, 2021

Running a business is not for the faint hearted. So why do we do it?

We do it because we too “have a dream”.

I’ve heard all sorts of reasons and dreams in over 30 years of running my own businesses and consulting with clients. The dreams are as varied and individual as there are...

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Planning for profit in 2021

control finance planning Dec 16, 2020

Well, that was quite a year!

The turn of the year is always a time of reflection. A chance to think about the good, the bad and the ugly of the last year, how we learn from that and plan for a better year ahead.

Survival has been the primary focus of 2020 for many business owners. My heart goes...

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How can I boost my profit quickly? (OR: The boring truth about making money)

control finance profit Nov 25, 2018
 
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5 Deadly Sins Which Suffocate The Success Of Your Business

control finance profit Oct 10, 2018

You might have read the title and thought ‘blimey Shaun, is this a blog post, a sermon or a big screen thriller!’ Well, grab the popcorn because in my 20+ years of consulting I’ve seen more businesses slowly killed by uneducated owners, silly mistakes and plain bad...

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Small Business Growth – 3 Elite Growth Strategies To Hit The Next Level Of Success

control growth planning Oct 10, 2018

At Business Growth Institute we train and mentor hundreds of small business owners each year and we see people getting into the same old scrapes...

 

  • They get to a certain level of success by finding a growth tactic that works (largely through luck) and then doing ‘rinse and...
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