Recently, one of my readers forwarded me an email they had received from someone called David Perell. I’d never heard of him before, but he turned out to be a pretty insightful guy who writes about the craft of writing. Every Monday, he also sends out an email full of the most interesting ideas he’s come …
Tag archives: financial management
Clients taking longer to pay
One of the trends I’m noticing right now is that companies are having problems with cashflow, particularly in the B2B space. It’s either taking longer for them to get paid, or they’re not getting paid at all. There are many reasons why this might be happening… We seem to be entering a very unstable economic …
How much should you spend on financial management?
I recently read a post on LinkedIn, where a business owner explained exactly how much he spent on his finance function. In the previous company he owned, he invested just 1% of his turnover in financial management. As a result, he had no budget… no cash flow forecast… no monthly management accounts… no hard financial …
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20% more profit – with this small tweak
I recently came across a crazy fact… If NASA sent a rocket to the moon, and at launch it was one degree off course, it would be just 92 feet off course a mile into the air. It doesn’t sound too terrible… …But that rocket would never reach the moon, because it would end up …
We’re going north (and south)
I’ve recently been in discussions with a potential client in Leeds, who’s looking for outstanding financial management for their company. It doesn’t sound unusual… …But for us it is, in one way at least. Before the pandemic, we normally only worked with companies within 50 miles of us. Even though we are – and always …
One Item Missing
Your bookshelf says a lot about you. And as a book lover, I enjoy scanning other people’s book collections to get a better sense of their interests. But whatever’s on your shelves, there might be one important book missing… Click here to find out what it is I’m (modestly!) talking about my own book, Business By …
A cautionary tale from LinkedIn
Over the past few weeks I’ve become a lot more active on LinkedIn. I’ve noticed an enormous improvement in the quality of the posts since I was last heavily involved on the platform, a few years ago. There’s still a bit of boring, salesy material. But there are also a lot of people sharing knowledge, …
Christmas in July (and yes I know it’s August)
I know it’s August already, but today I want to talk about Christmas – in July! (How confusing is that?) Back in December, my family was very upset that we weren’t going to have a “normal” Christmas. It had been months since we were in the same room. So we decided that as soon as …
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The fastest route to business growth
The business owner probably couldn’t believe his luck. He had built a small company that developed radar reflection technology which helped yachts detect people lost at sea. Now he was ready to retire. And who should express interest in buying his company – but telecoms giant Marconi? At first glance, the interest seems strange… Marconi …
Don’t do this
One of the secrets to explosive growth? Stay focused on the handful of things you do best. Take Basecamp, the popular project management tool. Over the years, the founders accumulated a portfolio of popular apps and services, including a CRM tool called Highrise and Backpack, which helped people stay organised. They even attracted an investment …
