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Article of the week

Getting your costing right is a large part of making sure your business is profitable. Sue Hirst tackles a common misconception and has some tips to help you add dollars to your bottom line.

Also popular:
If you are hiring help, no matter how casual, or increasing staff hours to meet demand over the Rugby World Cup, the Department of Labour has some advice which could keep you out of hot water.

Tip of the week

Working smarter rather than harder means a better return on your investment, irrespective of whether that investment has been made in time, or money, or both. Make a habit of working out your and your business’s hourly earnings and keeping tabs on whether these figures are going up or down. As Sue Hirst points out in this week’s article, a dollar saved goes straight to the bottom line. However, you can also enhance your profitability by increasing the amount of billable time you have available, putting up your prices and pushing up the value of each transaction by up-selling or cross-selling.

Hot spot of the week

At Bizbuzz, we’re giving away another of our very popular mystery book bundles containing five great business books this month – but you’ve got to bee in to win!

Freebee of the week

Learning to touch type properly can significantly improve your productivity. Here's one place you can test your current speed, then work methodically through lessons designed to help you master the keyboard, and play typing games to encourage you to improve speed and accuracy.

Quote of the week

Beware of little expenses. A small leak will sink a great ship.
- Benjamin Franklin

Wishing your success and fulfilment!

Heather and the Bizbuzz Team