Money Talk

KPIs - How they work and why they're important!

Posted by Michael Youssef on Jan 2, 2020 9:00:00 AM

You may think Key Performance Indicators (KPIs) are tools used only by the biggest businesses, however even the smallest business can benefit from implementing even some basic KPIs into their business. In fact, the way you manage your team, you may already have a few KPIs in place without even realising it.

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Topics: small business, revenue, marketing, sales, business success, contractors, employees, processes, systems, mindset, Success

8 More Ways to Get Repeat Business

Posted by H Youssef Accounting on Dec 5, 2019 12:09:00 PM

Here are 8 more ways to get repeat business! Because it's easier and cheaper to market to your existing clients then it is to get new clients.

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Topics: business, new business, relationships, business growth, marketing, sales, customer service, business success, Success

Why did you go into Business? - Part 2

Posted by Michael Youssef on Nov 28, 2019 10:45:00 AM

In a nutshell, all businesses exist to solve problems. Why people engage with a business is because the business owner can achieve the desired result faster than the customer could achieve it themselves. 

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Topics: business, small business, new business, business growth, business structure, business success, business mistakes, mindset, Success

Why did you go into Business? - Part 1

Posted by Michael Youssef on Nov 26, 2019 11:41:00 AM

Its amazing how many times I’ve sat down with somebody and I ask, why did you go into business? And all I get are blank stares and no clear-cut responses. It’s rare that I get an answer with such conviction that it shows me why they started their business. Some of the more common responses I get are:

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Topics: business, owner, small business, new business, business growth, business success, business mistakes, mindset, Success

10 quick growth tips for your small business

Posted by H Youssef Accounting on Nov 19, 2019 1:00:00 PM

Small businesses can grow in boom times as well as periods of difficulty by working smarter and taking advantage of opportunities. Put these following effective tips into practice to help grow your business.

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Topics: business, small business, software, revenue, business growth, marketing, sales, business success, cloud accounting, accounting software

10 Daily Habits of the Most Successful Entrepreneurs - Part 2

Posted by H Youssef Accounting on Nov 14, 2019 10:52:00 AM

Continuing on from Part 1 of this post:

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Topics: business success, mindset, Success

10 Daily Habits of the Most Successful Entrepreneurs - Part 1

Posted by H Youssef Accounting on Nov 12, 2019 10:45:00 AM

It’s the little things that make up the big things. Here’s a list of ten traits of some of the movers and shakers in the world today (and from the past).

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Topics: business success, mindset, Success

Improving cash flow: How to get paid faster

Posted by H Youssef Accounting on Oct 29, 2019 9:45:00 AM

Maintaining positive cash flow can be challenging for small businesses, whether you’re just starting out or have been running your business for years.

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Topics: small business, money, revenue, relationships, business growth, business structure, business success, cash flow

How a “Virtual CFO” can help you grow your business

Posted by H Youssef Accounting on Oct 24, 2019 10:00:00 AM

Every business can benefit from dedicated financial management expertise, but very few small businesses have the means to hire someone full time—particularly in the lean early years.

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Topics: small business, business growth, business success, business mistakes, CFO

Insights from your Profit and Loss account

Posted by H Youssef Accounting on Oct 22, 2019 10:00:00 AM

Your Profit and Loss is more than just numbers on a page, and if you were to really examine it you will find it provides some really valuable insights into your business. It's often surprising how much you can tell about a business from it's numbers. 

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Topics: bookkeeping, money, revenue, accounting, sales, business success, accounting software, profit