System Folders you should have… Get yourself a bookshelf and buy a dozen ringed folders in which you can keep the following information. As you come up with new ideas and systems you can create your own folder and add to the folders recommended to you below. Test and Measure Folder… In this folder you [...]
Tag Archives | Business Advice
Improving Cash Flow A Basic Debtor System
Avoid Cash Flow challenges, reduce your average Debtor Collection Period (get paid quicker) by following this Basic Debtor Collection System; STEP 1: Review and Reduce Terms & Conditions No more end of month statements – they cost you time, money and resources and are not necessary. Terms COD, 7 or 14 days, invoiced at the time [...]
How to Improve Profitability – Stop Discounting Your Prices
If you want to improve profitability of your business, take a serious look at where you are discounting your products or services. The table below indicates the increases in your sales volume that is required to compensate for a price discounting strategy. Rarely has such a strategy worked in the past AND it’s unlikely to [...]
Increase Your Profit By Increasing Your Prices
When you adopt a premium pricing strategy the table below shows the amount by which your sales volume would have to decline following a price increase before your absolute gross profit is reduced below it’s present level. Your sales volume could DECLINE by the percentage shown before your Gross Profit is reduced. For example, at [...]
Simple Financial Ratios
Financial Ratios and Quality Indicators If you monitor the ratios on a regular basis you’ll gain insight into how effectively you are managing your business. Lenders also like to evaluate risk by using several sets of ratios; ratios of assets to liabilities, and ratios of lender-investor dollars to owner-investor dollars. Recognize that ratios are indicators [...]
Choosing to Change Your Life? – Here’s a Formula to Help…
As business owners, we made the choice to risk in order to have more control over our destiny than those who settle for a job. We recognize that we are not the victims of fate or chance. Changing our lives is a choice that we made. In reality, each one of us possesses the ability [...]
Overcome Self Limiting Fear – Take the 1st Step
Have you ever been overcome with self limiting fear? How about just hindered by fear of failure? Don’t rush by this next question. Pause and give this some concentrated thought. What would you attempt if you knew that you could not fail? Fear is the greatest but, perhaps, the most subtle obstacle to reaching our [...]
Leadership and Management Advisory Service – New FUNDING for 2011/12
Companies in the South East and South West with between 2 and 250 employees can apply for funding to develop their organisations people management skills and support their most important asset Available to eligible companies in the South East and South West Regions: with 2 to 250 full time equivalent employees display the potential for high or fast growth, [...]
Financial Mastery – Budgeting Basics Part 3
David Bater, continues with the 3rd part of Budgeting Basic in his Finacial Mastery series of articles.
Financial Mastery – Budgeting Basics Part 3
So how does a strong budgeting process help with you selling your business when the time is right? First, let’s walk through what people pay for when they buy a business:
Financial Mastery – Budgeting Basics Part 2
David Bater continues his set of articles on Financial Mastery – Budgeting Basics part 2
There are six things to keep in mind when building a strong budget including:
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The Only 5 Ways To Increase Profits in a Business
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Accelerate Your Business Growth – In 6 Steps
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How do I get my team to focus on the highest priorities of the business? Part 1
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Financial Mastery Budgeting Basics – Part 1
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The Gentle Art of Delegation
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10 Tips – How To Stay Young as a Leader
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Some Simple Truths about Marketing – Why Most Don’t Work…
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What Are The Attitudes of A Great TEAM Member?
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Setting Key Performance Indicators (KPI’s)
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Choosing to Change Your Life? – Here’s a Formula to Help…
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Attention Bristol Based Business Owners
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How To Manage Your Own Performance
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The Speed Of Change
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What Does Fear and Risk Mean to You?
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When Times Are Tough, Customer Service Matters
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212 Degrees – The Extra Degrees Count
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You Can’t Send A Duck To Eagle School
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Do You See Yourself as a Warrior or a Worrier?
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Attention Business Owners North Bristol & South Gloucestershire
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Where Does The Motivation Come From?
About David
Hi, I am David Bater writer of this BLOG. I work as a Business Growth Coach and Business Development Consultant with business owners and other professionals to help them achieve their business goals and reach their true potential.
Many professionals are highly skilled at what they do - but are not sure how to best market their capabilities and are uncomfortable in selling situations. I help them get comfortable and competent at marketing and selling their professional services - helping them to grow their businesses and build fulfilling careers.
On a personal note, Husband of 34 years to Nicola, father of two daughters and grandfather of three children. Pretend golfer and keen walker.
