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Category: Blog

NOW is the time for Business Exit Planning

Anyone can create or build a business. But how do you exit the business successfully? The decision of whether to exit your business or not, is never a simple decision. Most business owners hesitate or even procrastinate when making decisions about succession and transfer of business ownership’s. It’s natural to avoid thinking about matters that […]

The Top Driver for Profit… It’s Not The One You Think!

By Sue Hirst – Director, CFO On-Call Key Financial Drivers in business are what drive the results.  They can have a huge impact on business financial results.  A small change can have surprising results, as we will illustrate later in this article. One of the most sensitive drivers of business profit is Costs or COGS. […]

Do You Make This Mistake In Your Numbers?

Do You Make This Mistake In Your Numbers? by Sue Hirst, Director – CFO On-Call   How to Calculate your Mark-up the Right Way! Costing and pricing is a key issue in tendering and quoting for work and it must be correct and commercially attractive.  A common problem is getting simple mathematics wrong. When pricing […]

Pricing for Profit

By Sue Hirst, Director CFO On-Call There never seems to be an easy time in business.  We often hear people say “Times are tough and the competition is high.”  One thing is for sure, well run and profitable businesses are the ones that survive and prosper. You can’t run a profitable business if your product […]

Managing For Value

Managing for Value by Sue Hirst Managing for Value (MFV) is a simple philosophy: everything we do should maximize value for the business owner/s or shareholders. MFV provides a fresh approach to running your business. It will require us to think and act differently, to put at the centre of what we do – the […]

The Crimes We Commit Against Our Business Bank Balance

One of the biggest crimes against business profit and cash flow, is not charging the right price for our products and services. How do businesses determine their Price to customers?   Some typical methods: Charge a bit less than or the same as competitors Charge a bit more than the product or service costs Charge as […]

8 Compelling Reasons you need a Virtual CFO for your business

It seems like everything is available in a ‘virtual’ version these days.  There’s virtual conferencing, furniture staging, assistance and even virtual life games!  The internet and increased broadband capacity has made this all possible. We now don’t have to just accept what’s available in our local area, we can access the very best quality from […]