Pricing for Profits is key to a successful business Whatever business you are involved in, it is vital that you know how to set your prices. And unless you are a high growth business or have funding to spare, your prices will need to be set to make a profit relatively...
Month: October 2014
Cash is King
Cash is king - Debtors are dead money Following on from a previous article on the problems of holding stock, another area that cannot be ignored by a big and small business owners are Debtors (unpaid sales invoices). Good Customers It is always worth identifying your...
Stock – Asset or Liability?
Stock – Asset or Liability? When does an asset turn into a liability? We all think of stock as a business asset. This is the stock that fills your warehouse and is there to be sold. Perhaps after you bought the raw materials you have even made it into something new....