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Life Happens – The Importance of Cash Flow in Keeping Your Business Running through Troubled Times

Life Happens – The Importance of Cash Flow in Keeping Your Business Running through Troubled Times

We’ve all had it – those times when ‘Life’ gets in the way of running your business. Yet, paradoxically, it’s often in these times when your business seems to need you the most. So, how to you ensure you can focus on things outside the business and keep the company...
“If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction, and cash flow.” – Jack Welch

“If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction, and cash flow.” – Jack Welch

A great comment by the legendary Jack Welch. I think few business owners would disagree with the measures of customer and employee satisfaction, but many might question seeing cash flow, as opposed to profit, as the third measure. But a profitable company can still be...
How an Unretirement Policy will Improve Your Business

How an Unretirement Policy will Improve Your Business

Last week I wrote about how an Unretirement policy – enabling older workers who would previously have been expected to retire – can be a significant driver in overcoming the skills shortage. This clearly struck a chord with many people, judging by the number of ‘hits’...
Inflation – Reducing the Risks to Your Business with the 5 Cs

Inflation – Reducing the Risks to Your Business with the 5 Cs

In my previous post, I touched on why a little inflation is desirable, but high inflation almost inevitably leads to a recession, and presents a number of challenges and risks to business, including: Rising input / running and borrowing costs Declining customer demand...