What is a Cash Flow Forecast? Why you need one … and a simple guide to creating one for your business. What is a cash flow forecast? In simple terms, a cash flow forecast is a document where you estimate the amount of money that…
It’s said that first impressions count — it can take a mere 7 seconds to form an opinion on someone, to shape an impression of who they are. This is important for all of us within an everyday social context, but as entrepreneurs and business…
Understanding human behaviour is a vital part of managing relationships. Knowing how you get along with others makes it easier to communicate and connect with people on a personal or business level. First you need to understand your own communication style and behaviour. Today we…
Relationship Marketing focuses on building connections with your clients and business partners. You can then consolidate those relationships which will go on to create new opportunities, more clients, and higher profits. When implementing relationship marketing techniques, focus on the following four categories: Referrals Networking Strategic…
The better you communicate, the easier it is to build the “know, like, and trust” factor with everyone in your circle. It’s in your best interest to develop good communication skills to make sure people understand your message correctly and help you meet your goals. …
Are you a generalist or a specialist? These two disparate learning systems can define your journey and your career, so it’s a good idea to find out which one will help you become a successful entrepreneur. As we have discussed before, the school years only…
How to be brilliant at time management … when you own a business, you should only work 40 hours a week. As Lee Iacocca, former chairman of Chrysler Corporation said, if you run your own business and can’t be home for dinner with your family…
A successful organisation is a commercial, profitable enterprise that works without you. As an employee, you make money to pay the bills and buy the things you need. But, when you go into business, you need to focus on generating wealth. And the ultimate goal…
