Since my kids started school ten years ago, I’ve had to endure the tortuous process of buying the school uniform from the local shop.
They were the only place you could buy the uniform from. And their prices reflected this. What a great business if you owned it!
No need to worry about customer service – and they didn’t. No need to worry if you run short of stock, after… Continue reading →
I was comparing my client’s business to a football team the other week.
I’d just been through a DISC personality profiling team day which shows your mix of red (directness), yellow (ideas), green (teamwork) & blue (analysis). I’m a strong equal mix of red & blue, the former useful for running a business, the latter from years of working in finance.
He has to present it in his own style to put his point across. Maybe it’s for additional investment, or approval of a new project. Or giving bad news about a downgrade of the forecast.
Yet the content is cobbled… Continue reading →
A graduate can help your Finance Director by addressing some of the problems which they don’t have either the time or ability to deal with.
These are issues that will help you run the company better and in some cases you are having to handle yourself.
Perhaps the Finance Director has been with the company since it began and their skills don’t extend beyond preparing the accounts. Maybe they don’t… Continue reading →
Taking on a graduate makes you feel good. Maybe it was you in that position once. They can breath new life into your business.
But then they leave. After all that effort to find one, you lose your graduate within a year.
Here are 6 easy ways to keep on losing graduates, not attract quality and fail to get the best out of them.
Recruit… Continue reading →
Forecasts are overrated. To do an accurate one takes a lot of time. You surely have enough knowledge of the business to adopt the “that’ll do” principle and knock it up in… Continue reading →
Forget the grades. It’s a formulaic approach recruiters take with large companies. Surely for your small company you should find a graduate fitting your culture?
Smaller owner managed businesses have a unique culture. This is heavily influenced by you, the owner. It is an extension of the way you like to work, your skills & experience and your interests.
Your staff have moulded they way they operate to fit within… Continue reading →
Small businesses are quick on their feet and can make decisions small and regular. It’s a big advantage you hold over larger organisations who have long drawn out decision making processes.
What may take them weeks to act on, can be done immediately by a smaller company.
Taking big decisions adds risk, slows down activity and reduces flexibility. Save it until you’re larger.
This may sound like I’m a bit… Continue reading →
ReWork by Jason Fried is all about modern business practices. How to work smarter with less. How to get more from your people.
I knew I’d like the book and I wasn’t disappointed.
It is very easy to read, divided into small sections each… Continue reading →
The Spine, Britain’s most brutal race took place recently. a continuous run within 7 days along the 268 mile Pennine Way. The competitors had to cope with wind, snow, plenty of rain and mist as well as lethal icy paving. The worst part was sleep deprivation. Only 30 completed out of 75 starters.
A lot of the time they were travelling through the night. One competitor covered 258 miles… Continue reading →