Business management

Are You Considering Going into Partnership with Your Spouse and Are You Aware of the Possible Pitfalls?

Recently, a husband and wife came to me explaining they wish to go into business partnership together. The first question I asked them: Did they have a partnership agreement? To which they said: No. I pointed out the three main reasons why they must have a partnership agreement. One, the partnership agreement explains what happens […]

Are You Considering Going into Partnership with Your Spouse and Are You Aware of the Possible Pitfalls? Read More »

Are You a Building Contractor Who Makes Losses on Some of Your Contracts?

https://youtu.be/iUTzdVySocc A contractor recently called who was concerned about the losses he was making on some of his contracts. I explained to him that there are three key areas that he has to make sure he’s got strong controls. The first one is the production of his tenders. The second aspect was planning of his

Are You a Building Contractor Who Makes Losses on Some of Your Contracts? Read More »

Does Your Wine Bar Generate Enough Profit From Its Sale of Drinks and Beers?

https://youtu.be/uVf6WyVl58g A wine bar operator was concerned about the level of profit from the sale of his drinks. I explained to him that it was very important to have proper stock controls for wines, beers, and draught beers. Particularly with his draught beers he had to make sure to keep the wastage down to a

Does Your Wine Bar Generate Enough Profit From Its Sale of Drinks and Beers? Read More »

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