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Too Busy! What should you be doing?

Do you find yourself saying you are Too Busy?  Which is code for saying you are too busy working in your business delivering whatever your product is.


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How to read a Balance Sheet

As a business owner, understanding what is in your Balance Sheet is fundamental in growing a great business.  This video discusses what things are and why in your Balance Sheet.


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How to read a Xero Profit and Loss

As a business owner, understanding what is in your Profit and Loss is fundamental in growing a great business.  This video discusses what I like to see in a Profit and Loss for a small business.


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Break Even for your business

Have you even wondered how many sales or turnover you need to know that you are not losing money?  Or if you are purchasing a new piece of equipment, how much work it needs to do to make it pay? Or a sales person, how many sales they make to cover their costs?


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Recruiting – Using your team in the process

This is my final recruiting tip I’ve got for small business owners that like to do their recruiting themselves.  A lot of it is geared around getting buy in from the person, candidate applying, and saving your time through the interview process.


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Recruiting – Using a questionnaire that results in better employees

I’ve got another tip, another recruiting tip for you, following on from the last one. This tip I find really helps you understand the candidate… better than you would otherwise.  


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Recruiting – How a group interview saves hours of resume reading

What I’m just realising is that several businesses I’m working with are recruiting. No surprise really, they’re growing and changing their business, they need new staff, but I’ve been going through recruiting systems with three separate businesses and I cover the same sorts of things.


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When to review new employees

Recently I’ve done a lot of videos about recruiting for small businesses who want to do it themselves. This is a little tip to, I guess, set expectations with your new employee about how you’re going to review them and what you’re going to do in the next three months.


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How to best onboard new employees on day 1

Recently I’ve done quite a few videos on recruiting for small businesses who want to recruit for themselves, and so this is an extension of this. This is a great tip.   If you’ve gone through the recruiting process, you’ve got the right guy, he’s just started. Now one of the things I think is the most i


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Getting customers to pay on time

Today I’ve got a little topic that came up with one of my customers which is really common. It is getting paid on time. This business is in the construction industry and it’s the start of February and guess what, they haven’t been paid


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Rebrand your company – When should you do it?

Today I want to talk about why rebranding a business might be a good thing to do in your business. I’ve got a great example that I’d really love to share with you because, I have to say, I’m really proud to be involved with a business called Lorne Plumbing and they’ve gone through a pretty brainy process. And you might say, “why?” Most people say, “yeah I don’t want to spend the money and do I need to, I’m already busy” etc.


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How much to mark up Cost Plus work?

There are many reasons people decide to run their own business and one of the most important is to make profits.  So let’s learn the proper way to work out how to quote for jobs with a specific profit margin.  Just like the last blog, it’s easier to follow the process by using an example.


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How much should you reinvest back into your business?

This is never an easy question for most business owners that I work with.  Why?  Because they are so business on the tools they’ve never had time to stop and consider it.  So maybe this is good opportunity to take a little time to consider one of those basic elements of business that could have a huge impact on your financial results.


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Time management tips for Trades

Sick of being busy and not getting ahead? Well join the club. This is a common theme in the construction and technical trades space so I think it’s time to do something about it. After all, when you work, you don’t just want to make ends meet. You want to make a profit and have time left over to enjoy life. Right?


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Full cost plus work calculation

This is the last video in the three-part series on how to calculate cost plus work. In the previous two blogs and videos, the different parts of this calculation have been covered and this final one brings them altogether.


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How much to mark up cost plus work

There are many reasons people decide to run their own business and one of the most important is to make profits.  So let’s learn the proper way to work out how to quote for jobs with a specific profit margin.  Just like the last blog, it’s easier to follow the process by using an example.

To keep everything clear, we’ll use straight forward maths so the process is easy to follow and you can repeat it in your business.


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How to allow for overheads in cost plus work

Today we’re going to learn about how to allow for overheads when calculating cost plus work.  Knowing how to do this will help keep your business profitable and will ensure all your hard work pays off. 


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How to Calculate Real Wage Costs in Your Business

Knowing the real cost of wages to your business is critical for being able to put together accurate quotes that ensure profits for every job. There are a number of steps that need to be followed to work out the real cost of wages and the easiest way to explain it is with an example.


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Why use a questionnaire when recruiting

Need to put something in here.


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How much do you pay yourself and other Directors?

How much you pay yourself as a business owner will have a remarkable impact on your personal and professional life. Many business owners struggle with the concept of paying themselves a wage because they think, as the owner, they should only be taking profits.


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Working in or on your business?

I want to talk about how saving a job is costing you a fortune. What I mean by this is if you’re a business owner and you spend a lot of time working on the tools it means that you don’t spend the time working on your business to help grow and improve it.


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4 ways to save on overtime

Are you the kind of business owner that thinks just because you are busy it is worth working overtime to ‘get more work done’?  If this is true then you are probably not making any profit on that extra work and would be better off relaxing with your feet up sitting on the beach.


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