Latest News

Forecast cash flow - why bother

Bridget Holmstrom - Thursday, March 31, 2016
Running a business is difficult at the best of times. Running a business with insufficient cash will make running a business a complete nightmare. Time spent worrying about whether the next  ..

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Improving Profit

Bridget Holmstrom - Monday, May 25, 2015
Profit is a simple equation: Revenue less costs equals profit. Or at least we hope that equals profit and doesn't result in a loss. So improving profit can only happen when revenue is impr ..

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Does reducing your price increase your profit

Bridget Holmstrom - Monday, May 25, 2015
Does reducing your price increase your profit A common business response to competition or to a downturn in the economy is to reduce prices. But before responding by reducing our own prices small ..

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Auto Enrolment Staging Dates

Bridget Holmstrom - Sunday, May 03, 2015
Automatic Enrolment Pensions - Staging Dates The Government introduced a law in 2012 imposing new duties upon employers. These duties have been rolled out to the employers in a staggered fashion  ..

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Even profitable companies go bankrupt

Bridget Holmstrom - Sunday, April 12, 2015
Why do profitable companies go bankrupt Although it seems counter-intuitive profitable companies can certainly go bankrupt. This is well supported by news reports and research. So why does this  ..

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Forecasting in the restaurant industry

Bridget Holmstrom - Sunday, March 29, 2015
Forecasting in hospitality Forecasting in the restaurant industry is no less important that forecasting in any other business sector. Business activity in the hospitality sector is often highly c ..

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Measuring and monitoring your marketing

Bridget Holmstrom - Saturday, March 21, 2015
Measuring and monitoring your marketing expenditure It is probably safe to say that for many small businesses marketing and sales is one of the largest, if not the largest, categories of expenditu ..

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Measuring and Monitoring - Why Bother

Bridget Holmstrom - Sunday, March 15, 2015
Measuring and monitoring your business - why bother As a small business owner it can often feel that you have more than sufficient work without adding any more tasks. However it is important to r ..

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Why do you need to know about finance

Bridget Holmstrom - Sunday, March 15, 2015
Why is finance important I have often heard small business owners say that they don't understand finance or that they leave it all to their accountant. Unfortunately for the small business owner  ..

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Political uncertainty and the impact upon business

Bridget Holmstrom - Sunday, February 22, 2015
What is the impact of political uncertainty upon business There seems to be a great deal of uncertainty in the air at the moment. Will the Greeks stay or leave the Eurozone, the Ukraine where the ..

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