Business advice often focuses on minimising and overcoming weaknesses in order to improve performance - and that's a valid approach - but just as important is to develop our strengths even further. What are some ways we might do that? Think about how much knowledge and expertise you already possess. Imagine you are writing your CV for a dream job and list out all the skills and abilities you have. You will be surprised just how much knowledge you have acquired over the years.
1. Have a Budget Having a carefully prepared budget is the financial equivalent of a business plan. It sets out financial goals and sales targets, and helps to keep spending in check. But only if you actually use it! Putting it in a drawer will do nothing other than keep it safe. Update your budget with actual expenditure and income each month and review what you have achieved against budget and also going forward. Alter, your budget as your business changes. This makes a bu
Pre-employment tests have been around for decades and over that time have improved. With the Internet facilitating job applications, it has become more important than ever to have well-validated, useful and efficient pre-employment tests that provide reliable insights into the capabilities and traits of prospective employees. LSH uses one such proven personality testing platform that covers aptitude tests, personality tests and skills tests. Our HR clients have realised the b
Since holding our first Xero lunchtime training session on 7 September 2015, we have been thrilled by the commitment, interest and feedback from attendees. The training covers: How to use folders on both your desktop and mobile device How to use folders for annual accounts purposes The changes to our EOY process Other ways to utilise your mobile device Here is what some participants liked: Great format. Great presenters Simple explanations & instructions from presenters; sma
Of all the myriad tasks involved in running a business, chasing debt has to be one of the most unpleasant. Non-payment by due date conjures all sorts of doubts: Did they actually receive the bill? Were they unhappy with the product/service received? Did it just slip their mind or get lost? Do they disagree with the invoiced amount? Are they in financial difficulty? And so on. Because it’s uncomfortable, chasing the debt is easy to delay, but that simply won’t do. Every day th