Performance

Cutting costs
Understanding costing is vital if you want your business to grow. Sue Hirst says many small and home business owners are working hard without seeing the results, and she has some tips to help you make your business more profitable.

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Upward trending graph
Service based business can be the most difficult in which to measure profitability. All kinds of issues can impact the difference between what is charged to a client and the cost of delivering the service. Sue Hirst has some tips to help you enhance the profitability of yours.

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House for sale
When a business is headed for trouble, often the owner knows deep down - but as Sue Hirst's tale of woe shows, it's important to listen to that nagging doubt and seek help early. She draws some lessons from one owner's sad experience.

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rising above the competitors
Many businesses rely on tenders and quotes to bring in business - but it can be a time-consuming process and you don't always win the business. Sue Hirst has some tips to make your tendering and quoting more successful - and to ensure the project is actually profitable when you land the job.

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Chart showing growth over time
Your business needs to know where it is going and if it is going to get there. Sue Hirst helps you work out how to monitor progress and keep on track to achieve the results you are aiming for.

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If you're already working as much time as possible in your business and are finding it hard to up the revenue, Tom Poland suggests three strategies which will help get you to the next level.

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Freeimages.com/Chris Worfolk
CFO stands for Chief Financial Officer. It’s a term used mainly in larger businesses, but is just as relevant to smaller business, in that someone has to do it irrespective of their job title. It’s often the business owner or a family member.

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Clock
How much time are you forgetting to bill? How many clients do you work for, for less than your hourly rate? Why are you working so many hours yet seem to have less revenue to show for it than you expect? Tracey D'Aviero shows you how to keep track of your time to make sure you're accounting for all of it.

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Cutting expenses
When you're trying to increase profit in your business, marketing is an important part of the equation - but according to Sue Hirst, there's something else you can do which has an even quicker and more direct impact on your bottom line. She explains, and gives you 8 simple steps to follow to grow your profit without spending anything on marketing.

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We often hear the same ideas about growing businesses repeated over and over, and we may begin to believe them. While there is often some truth to these concepts, Sue Hirst debunks the myths and explains what really does contribute to growth.

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snail
Has reality started to set in after the holidays and are you finding business more sluggish than you would like? Eric Billoud explains why it's happening and what you can do to overcome the issue.

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Image on Bizbuzz
Business isn’t the only place for clear objectives and goals. Ask any ‘Life Coach’ and they will likely tell you, life can be greatly enhanced by having clear goals and plans to achieve them.

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Clock image on Bizbuzz
There is a limit to the amount of time you have available, and what you do with it affects your bottom line. Sue Hirst suggests you use it wisely, and she shows you how.

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Image on Bizbuzz
Jesse Best

So lets discuss why creating a merchandise line on its own is severely underutilisng your potential ROI, your direct traffic, and your brand awareness.

If you're reading this, then hopefully you already have a merchandise line, even if it's for promo, or you're thinking of getting something made?

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Coin piles
The orders are coming in, the customers are happy, and business seems to be, well, maybe not booming but pretty darn good. So how come it's so hard to pay the bills or take some drawings? Sue Hirst explains.

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Self-confidence affects the way you perform
The hardest person to convince that you can do something is often yourself. Clive Littin helps you overcome that barrier.

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People working at a computer
Selling a service is different to selling a product, and Sue Hirst says it can be a lot harder to work out costs and determine pricing. She explains what you should be doing in order to make sure your service business is profitable.

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Help improve your business cashflow with this handy checklist
Cashflow is the lifeblood of your business. Our checklist will help you identify what in your business is having a negative effect on it.

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Improving profit
Use this handy 10-point checklist to make sure you are not leaving money lying on the table - and to take your business's profitability up a notch.

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New research shows that many of us are likely to retire a lot later than we would like - so if you’re banking on selling your business, the numbers need to be right if you want to avoid the long slog.

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