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It's ok to ask questions
Perhaps the thing that has crystallised the most for me over the last few months though, is – it’s ok to have questions. None of us have all the answers. Recognise what you do know and seek help and support for anything else.
What does a business owner need to know about finance?
January is a time of the year that prompts reflection, optimism and objective setting for many - so much seems possible and barriers don't seem quite as big as they did before the Christmas break. Something that holds back a lot of people is a grasp of the basics of business finance.
The cost of success
Something that I hear a lot from people is that they are scared or put off finance by a lack of understanding and some of the terminology and jargon used. In reality I suspect this is no different to a lot of specialisms – where training and experience help to make what appears complex more simple.
Help to stay afloat...
Cash management is such a critical element for any small business (over 50% of all businesses go bust because they run out of cash) it must be worth investing the time and potentially money into tools that will help.
Those who can...
“Those who can – do. Those who can’t teach.” - You may have heard this quoted before – the exact origin is difficult to establish but it is likely derived from George Bernard Shaw’s
A rush towards the exit
Well what a few days it has been in the UK. I’m not in any way going to tackle anything remotely political with regards to Brexit and all of the subsequent debate here.