Monday, 28 November 2016 12:42
Is it time for you to apply for a business loan? There may be a few things to check off the list beforehand. You may need to come prepared for the meeting with your lender, and that can require some research and understanding of your own finances. If you come prepared and confident, it may make all the difference.
Monday, 10 October 2016 14:33
If you run your own small business, you will have come across a number of different ways of evaluating your profitability. One such method is gross profit, and gross profit margins. While they may not be the only figures you are using to check the health of your enterprise, they may still be important.
Here's what you may need to know to interpret them properly.
Monday, 10 October 2016 12:03
If you’re running a small business, fixed costs are likely to form part of your budgeting commitments and can play an important part in your overall business plan. However, you may find that your business has different fixed costs to others, but also finances them in different ways. Let's take a closer look at what fixed costs are and how you might be able to deal with them efficiently.
Wednesday, 05 October 2016 11:29
Cash flow can be a constant concern for any business manager. Whether you own a grocery store or are a self-employed tradesperson, cash flow might dictate your success and failure. Often, failure to manage cash-flow properly was an identified cause of business insolvencies from 2014 to 20151.
As we start to near the new financial year, it could be the perfect time to learn how to better handle cash flow and help prevent your small business going the way of the dodo.
Thursday, 16 June 2016 10:43
If you run a small business with staff working for you, keeping them happy could be one of the biggest challenges. One survey indicated that only 24 per cent of interviewed employees considered themselves satisfied with their work life1 – hardly a fantastic result.
Thursday, 16 June 2016 10:26
Does your small business feel like it has been designed to encourage a productive work environment? One survey indicates that consideration for the design of a workspace could be beneficial for workers as it may help with productivity, introduce a sense of community and may make being at work more enjoyable1.
Wednesday, 01 June 2016 16:25
Brought to you by IMB Bank’s National Manager for Business Banking Terry Widdicombe
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