Why profitability doesn’t always protect businesses from cashflow pressure, late payments or financial uncertainty.
Tag archives: financial planning
The mistake that killed Blockbuster (and could affect your business too)
Blockbuster ignored the signs. Could your business be making the same costly mistake right now?
Would you ever show your team the numbers?
Should you share financial information with your team? Garry explores why some business owners do.
Are you accidentally breaking minimum wage laws?
Are you accidentally breaking minimum wage laws by paying yourself incorrectly? Here’s what you need to know.
Your dividend tax just went up (did you notice?)
Dividend tax rates just rose again. Here’s what business owners need to know about April’s changes.
The E-Myth mistake even brilliant business owners make
Why brilliant business owners often overlook their finance function—and how it quietly undermines growth.
3 lessons from the £1.9 billion cyberattack on Jaguar Land Rover
Jaguar Land Rover’s £1.9bn cyberattack reveals critical financial lessons every business owner must understand today.
This man is the secret to my success…
For nearly a decade, I’ve been working with a business coach. He’s my sounding board. I find it invaluable to discuss challenges in my business with someone who is not emotionally involved. Quiet and serene – unlike me! – I trust him to challenge my thinking and give me unique perspectives, most recently around how …
Emotional financial decisions
Imagine you decided to invest in a new product line, which you believe will double your profits and help fund your retirement one day. You pour significant funds into its development, hire new managers and salespeople to get it off the ground… And initially, your hard work pays off. Early sales figures are positive – …
Your business plan for 2030
In 2018, BP decided it no longer wanted to be an “oil giant” – associated with greed and pollution. Instead, according to its new mission statement, it was dedicated to “reimagining energy for people and our planet. We want to help the world reach net zero and improve people’s lives.” These weren’t just words. BP …