COVID-19 has provided a unique opportunity for business owners to review what they want out of their business, and how they can design a business that works for them. There’s a lot you can be doing to be proactive in your business now, which will help you not only survive COVID-19 but get your business thriving.
Everyone knows that cash is king but without proactively thinking about your cash you can easily end up wondering where your money has gone. In fact, it’s possible to be profitable and still have a negative cash flow. So how can you make sure this isn’t the case in your business?
As a small business owner, your relationship with your banker is one of the most important business relationships you can have. Why is this relationship so crucial? Because bankers play a vital role in helping you obtain financing, maximising businesses’ funds, and helping you achieve your business goals.
Managing misbehaving staff in your business can be a nightmare, especially if you don't know the proper process. RightWay's HR Advisor Rachel Harris will guide you through what you can and can't do, and how to survive the Christmas season. Dealing with an employee who has potentially misbehaved can be stressful to navigate, especially if you’re not aware of the steps you need to follow.
All businesses want to make a profit but if you’re not focusing on the right things it can take much longer than expected to get there. While there’s no magic way to generate cash, there are some things you can do to steadily improve your financial growth.