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Nick Bettes Consulting

Helping SMEs prepare for the next step.

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Nick Bettes Consulting | nicksbusinesstechniques.blogspot.com Reviews
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Helping SMEs prepare for the next step.
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Nick Bettes Consulting | nicksbusinesstechniques.blogspot.com Reviews

https://nicksbusinesstechniques.blogspot.com

Helping SMEs prepare for the next step.

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1

Nick Bettes Consulting: Managing Costs

http://nicksbusinesstechniques.blogspot.com/2013/07/a-formerly-profitable-local-business.html

Helping SMEs prepare for the next step. Tuesday, 30 July 2013. A formerly profitable local business had started to lose money. The owner was at her wits’ end. The business had lots of good customers – in fact turnover had grown over the last year – but the losses kept growing. She had tried various marketing initiatives and had even laid off some loyal staff but nothing seemed to help. She was on the point of closing the business but first of all decided to take further professional advice. Individual bu...

2

Nick Bettes Consulting: July 2013

http://nicksbusinesstechniques.blogspot.com/2013_07_01_archive.html

Helping SMEs prepare for the next step. Tuesday, 30 July 2013. A formerly profitable local business had started to lose money. The owner was at her wits’ end. The business had lots of good customers – in fact turnover had grown over the last year – but the losses kept growing. She had tried various marketing initiatives and had even laid off some loyal staff but nothing seemed to help. She was on the point of closing the business but first of all decided to take further professional advice. Individual bu...

3

Nick Bettes Consulting: Key Performance Indicators

http://nicksbusinesstechniques.blogspot.com/2013/08/key-performance-indicators.html

Helping SMEs prepare for the next step. Tuesday, 20 August 2013. What are key performance indicators? Key performance indicators (KPIs) are the few (six to eight) vital measurements that tell you whether your business is going in the right direction or no. They form a dashboard for your business. How can you identify your KPIs? Try to identify a measurement or ratio that captures each. Some KPIs, such as revenue or profit growth, are common across most businesses. Customer lifetime value £. Simple templa...

4

Nick Bettes Consulting: November 2012

http://nicksbusinesstechniques.blogspot.com/2012_11_01_archive.html

Helping SMEs prepare for the next step. Tuesday, 20 November 2012. The terms ‘production’ and ‘productivity’ are not inter-changeable and it would be a mistake to assume that higher production will necessarily result in higher productivity. In the competitive market of today, it is important to the success of your business that you increase productivity levels. So what is meant by ‘production’? However, the emphasis is on quantity rather than on how well or otherwise the input is utilised. So a 10% impro...

5

Nick Bettes Consulting: August 2013

http://nicksbusinesstechniques.blogspot.com/2013_08_01_archive.html

Helping SMEs prepare for the next step. Tuesday, 20 August 2013. What are key performance indicators? Key performance indicators (KPIs) are the few (six to eight) vital measurements that tell you whether your business is going in the right direction or no. They form a dashboard for your business. How can you identify your KPIs? Try to identify a measurement or ratio that captures each. Some KPIs, such as revenue or profit growth, are common across most businesses. Customer lifetime value £. Simple templa...

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Nick Bettes Consulting

Helping SMEs prepare for the next step. Friday, 22 November 2013. Benefits of systemising your business. Why is systemisation so important? The value of a business depends on its growth prospects, profitability, cash conversion and the degree to which that future cash flow is at risk. One of the main risks for small businesses is their reliance upon key personnel, particularly the owner, who know and do things that no-one else knows or can do. How can a business be systemised? Document all your processes.

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