Cash Is King!!
“Warren Buffett once said, “Only when the tide goes out do you discover who’s been swimming naked.” So, picture this: you’re running the biggest water company in the UK. You’ve got 15 million customers, rivers practically flowing through your spreadsheets, and enough pipes underground to knit a sweater around the planet. Thames Water — that’s […]
“If you want something done right, do it yourself.”…is exactly how most small businesses stay small😒
The Sushi Chef Who Couldn’t Afford Staff — So He Invented a Revolution🍥 In 1958, sushi chef Yoshiaki Shiraishi had a small problem: he wanted to serve great sushi quickly, but he couldn’t afford enough staff to keep up. Hiring skilled sushi chefs? Too pricey. Unskilled ones? Too risky when raw fish is involved.’’👈 Then, […]
The best is rarely the cheapest
“Benjamin Franklin advised, ‘The bitterness of poor quality remains long after the sweetness of low price is forgotten.’ I was taking with a prospect last week who was very price sensitive and felt that he could get the service we were offering at a cheaper price. Now bearing in mind we were talking only a […]
Why Reviewing Costs Is So Important For A Small Business
“Benjamin Franklin believed, ‘Beware of little expenses; a small leak will sink a great ship.’ Curious about how a small saving became a billion-dollar strategy?” Ever heard the one about Jeff Bezos and the doors? Back in Amazon’s early days, Bezos was all about pinching pennies in the smartest ways possible💰 it’s the mid-’90s, and […]
Income shifting
A little known anti-tax avoidance Trap – Transferring shares to your civil partner or spouse😟 The tax rules seek to PREVENT someone gaining a tax advantage by arranging to divert his/ her income to family or friends taxable at a lower or nil rate. For example where a husband and wife own equal shares in […]
A Penny Saved Is a Penny Earned!
“As Benjamin Franklin said, ‘A penny saved is a penny earned.’ But can it also mean more profits?”🙂 Imagine Sweden in the mid-1950s. Ingvar Kamprad, IKEA’s founder, had a groundbreaking idea: sell furniture in flat packs. The inspiration came when a colleague struggled to fit a table into his car. Kamprad realized disassembling furniture for […]
Sometimes you have to change strategy
Oscar Wilde once observed, ‘When I was young I thought that money was the most important thing in life; now that I am old I know that it is. Let’s dive into the world of Marvel Entertainment, a tale as captivating as the comic book heroes they brought to life! Back in the late 90s, […]
“Will it make the boat go faster”
“Will It Make the Boat Go Faster?” 🚣♀️ A great lesson for business 😉 It’s the inspirational account by Olympic gold medallist Ben Hunt-Davis. The core lesson revolves around the story of his journey with the British men’s eight rowing team, which, after years of disappointment, won gold at the Sydney Olympics in 2000. The […]
Sometimes chasing sales is the wrong strategy
Steve Jobs once said, ‘Innovation distinguishes between a leader and a follower.’ Ready to lead?” You know how sometimes the most brilliant ideas come to you when you’re not staring at a spreadsheet, balancing your books, or doing the grunt work of business? Well let me tell you about the magic of “15% time” at […]
Value Pricing
“A wise old saying goes, (I think it was Red Adair) ‘If you think it’s expensive to hire a professional, wait until you hire an amateur.’ Shall we weigh the cost of expertise?” Ever heard about that one colossal ship with the moody engine? No? Grab some popcorn 🍿 So, this beast of a ship […]
