Tag Archives: business advice north east

Reasons to Spend Money on Training Your People

train people well enough

Why spend time and money training people if they’re just going to leave…. but what if they stay!? “Train people well enough so they can leave, treat them well enough so they don’t want to” – Sir Richard Branson Richard Branson is one of the world’s most influential businessmen & he […]

What is the difference between profit and cash?

profit versus cash

When you are running a business it’s easy to confuse cashflow with profit. After all both could be considered to indicate that you’re making money, so what exactly is the difference between the two? Profit Profit looks at the total financial gain (or loss) that a business experiences over a […]

Business Fraud – surely fraud wont happen to my business?

business fraud

There is an increasing amount of damage caused by fraud in the business world. It is easy to perceive this as a risk that just affects larger organisations or that it simply ‘won’t happen to a business’ like ours. These assumptions are dangerous and can post great risk if adequate […]

How do I know how much profit my business is making?

profit in a business

A common issue in business occurs when business owners don’t fully understand how profit their business is generating.   The Importance of understanding profitability: Financing – Understanding business profitability is important as profits influence financing decisions such as obtaining loans from banks. Dividends– Profitability is also important when extracting dividends […]

Time Management – how to remove barriers

Time Management

Time management in running a business can often feel like this: stop, start, stop, start, think, start, stop. You don’t have the time or resources to gain full momentum most of the time and when you do, there’s always something niggling away at you that needs to be sorted. This […]

Why do you need an organisational review?

Organisational review

As a business owner do you find you are wearing too many hats? If so you may need to run an organisational review on your business. In order for a business to run effectively and efficiently there needs to be a clear organisation chart, which visually defines departments, functions, roles […]

What now for employers with Covid restrictions being eased?

freedom day

Legal restrictions in place in respect of Covid-19 start to end today (Monday 19th July) in England, Wales and Scotland.  Each country is taking a slightly different approach to timings and some of the detail around what is required, but in all countries, there is the start of an easing. […]

How to go on holiday when running your own business

running a business on holiday

What efficiencies should you have in place to make going on holiday easier when you are a business owner? Everyone loves to go on holiday whether it’s a staycation or visiting foreign shores and it is important for your health and mental wellbeing to have time off work.   Taking a […]

Lack of cash stopping your estate agency from growing?

Estate agents business advice

One of the most stress-inducing parts of running a business is not knowing enough about your cash. How much is coming in, how much is going out, where it’s going, whether you’re covered. No fear hits quite like an unexpected bill when you’ve got a bunch of overheads that need […]

Business Advice for Estate Agency Owners

Where do you want to go with your estate agency business? From our experience working with Estate Agency owners, we know two things to be true: You have a desire to improve your business in some way – not necessarily to grow and expand, but to create greater freedom for […]