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outsourcing / 3 posts found

Don’t fall at the cash hurdle!

by mike tombs
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There is nothing more frustrating than watching a healthy, profitable business collapse due to cash flow problems. More profitable businesses fail for this reason than for any other. Don’t let yours be just another statistic. Cash flow problems come about when the gap between when your money comes into your account and when the money leaves your account becomes too large. This situation can be bought about by the bank changing their overdraft agreements, or a large customer suddenly defaulting on a payment, or simply a combination of bad luck and poor management. Different types of businesses are more at [...]

Stress and how to combat it

by mike tombs
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Stress is one of the problems of the modern world. Some stress is necessary for us to achieve anything. If everything is effortless and easy we learn nothing, and gain no satisfaction, so some element of stress is important to us to function. However, bad stress, is exactly that; bad. Stress is one of the perils of running your own business. Do you feel pulled in too many directions, spread too thin, unable to plan forward, always fire-fighting? These feelings all contribute towards stress. Running a business relies on you being able to plan ahead, to have vision, and implement [...]

Take control of your time

by mike tombs
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Apparently, we spend less than 60% of our time working productively. That’s nearly half our day we waste on activities such as checking social media, checking emails, having dead-end meetings. Imagine what you could do with half a day, every day. Go for a walk, cook a nice meal, spend time with your family, read a book. No doubt one of the reasons that you started your own business was to be able to be flexible with your time, take the odd afternoon off, start late on a morning, take a long holiday. It’s unlikely that you started your own [...]