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Whether you’re solo or scaling, here’s our go-to list of tools (some free, some freemium) that help you eliminate repetitive tasks, save time, and run your business more efficiently — without the bloat or overwhelm.
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We all love money, but most don’t really love cash flow management stuff. Despite being a pain, ultimately cash flow management will give you more money. In no particular order below we will go through 10 fantastic tips around how you can have better cash flow management in your business.
Well, we had such a fantastic response from the previous podcast that we’ve decided to do another one expanding on common mistakes in small business. So we already know remove repetition, step one. Document, step two. Remove objections from your customers, step three. How are you going to have time to do all that? You’re already pretty busy.
If you’ve been in business for a while, you’d know that there are some mistakes that you’ve made. Today, we’ve been asked what are the common mistakes that we see around the traps in small businesses. It’s a great question because we see a lot. Are you using paper? Have you answered the phone in your business recently? Can you monitor what all of your staff are doing and can they reference a document that shows them what they’re meant to be doing? If the answer is no, then you’re making a mistake.
My name is Joshua Lewis. I’m from Dorks Delivered, and I’ve got another company called Business Efficiency Experts. Business Efficiency Experts has been around for about five years, and Dorks Delivered for 12 years, so we’ve been going around for quite a bit. We started off as an IT company, and then we found that there was more of a need for businesses to be utilising technology better. Since then, I’ve started writing as a columnist for my entrepreneur magazine. I’ve been featured on News.com.au and soon to be published in every entrepreneur’s guide focusing on your marketing.
If there’s one thing Texans and Aussies can agree on, it’s the magical power of the barbecue. Do you know why it’s so popular? It’s because it’s simple. Get the food, maybe brush it with something and stick it on the skewer.
Office space is an important facet to consider when you’re setting up a new business or if you’ve got an established business. Maybe you’re looking to change a business around and become one of those fancy hipsters that have people work from home. Whatever the case is, sizing up the amount of floor space that you need for your office can be a difficult task, and it’s definitely a discussion that you need to have with your IT company. The reason being there’s nearly no reason nowadays with the infrastructure that we have got, even though it’s terrible in Australia, it’s still good enough to allow for your workers to work from home, and in a flexible environment. This gives you the best of both worlds.
After being in business for a while you hear some crazy stories. I’ve been lucky to be involved in a couple of them, and some of them are bad for business and I’m going to be talking today about how they could have been avoided. One of my favourites is this potential client that called me up and they were still in the process of using our services.
How does the late payment of invoices impact small businesses? Now we’ve all been there. You’ve been in business for a while and someone starts paying invoices late. Everything’s all good to start off with, and then they start paying things late. What’s worse is if you’d have to go out and buy a product to allow for it to be sold. Whatever you’re doing, maybe you’re modifying something and then on selling and you’ve had to fork all that money out for the product.
So, we all make mistakes. What we’re going to be talking about today is maybe something a bit more important than just dialling the wrong number, and that is hiring the wrong person. If you’ve experienced the effects of a poor hire, you know what I’m talking about. It’s a terrible feeling. You grab them on, you already go through all the interviewing process, you’ve gone through Seek, you’ve got 200 resumes that you’ve looked through. You’re resumed out. You could write a book on reading resumes, and no one would read it because it’s boring! But you’ve got there. You’ve gone through the process of hiring and interviewing, and you’ve got the person in front of you, or hired remotely, depending on how your business is set up. And you’ve decided that they are the best person. Then they just don’t seem to work the way they interviewed. They’re obviously really good at selling themselves, but shithouse at performing and bringing things to the table.
This is a special episode. Joshua Lewis of Dorks Delivered and Scott Aurisch of NRG Boost Fitness talk about taking the plunge in business in the fitness industry.
In the traditional sense, engagement is when you find someone and you get along so well you decide you’re going to spend the rest of your life with him or her, and so you decided to become engaged. Employee engagement is no different. If you want to know some drivers of employee engagement, this episode is for you.
What are the qualities of a great leader, you ask? Well, this is my opinion. There are lots of things people go on about. Who’s a leader? Are you a leader? We all need to be a leader, everyone needs to be a leader, and that’s probably good. Everyone should be able to be there and collaborate with their peers, their staff members, and everyone. You shouldn’t just be a leader in one area; you should be a leader across all areas. You should be a leader in your life, a leader with your wife, a leader with your kids, but probably not a leader when you get in strife, that wouldn’t work. But, a leader is just someone who people look up to, and that’s what you’ve just got to remember. It doesn’t mean what everyone thinks it means. I couldn’t find a leader on the topic of being a leader. I had to take from my own personal experience.
Why Not Just Do the Work and Send the Invoice?
I have been interested by the trade that seems to be starting between Canada and the US. It feels like there is a clash between the leaders running the countries as a whole and what that shows is everything is about good relationships.
How to Spot Fraud and Save Money?
Stock counts out, and your competitors are doing better than you. Something seems amiss. Maybe it’s something as simple as you’re having a bad day, or it could be something as terrible as one of your employees is smuggling away paths or clients. Read on to find out what you can do about it, what measures you can put in place and how you can work out what it is that’s going on.
https://www.youtube.com/watch?v=fUQOzXNNHSo
Look at this geyser. Sorry, I mean this one. That’s Old Faithful, It’s one of the most famous sites at Yellowstone national park and do you know why it’s called Old Faithful? It’s because it’s reliable. Other geological events are hard to predict, but this geyser has been erupting every 44 to 125 minutes. It’s not an exact timetable, but still, you know you’re going to get to see it when you come to the park because it’s reliable. In business, these two ideas have often gone hand in hand. Reliability and faithfulness.
You’ve got this cool, wicked-awesome idea or service that you want to see come into fruition and actually help change people’s lives. You know it’s going to be amazing and you’ve written everything down. You’ve got your SWOT analysis done. You’ve gone, ‘This is going to go gangbusters. It’s going to go nuts.’ Super-exciting stuff. Now, you’re really worried that someone’s going to steal your idea.
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