by Michelle Eshkeri | Cash flow, creative sector, Profit
It can be challenging to build a sustainable creative business. Every year, I see more and more businesses in the Arts struggling to remain profitable. It’s a fine line between doing what you love creatively and balancing the books. It can be done – but you’ll need to...
by Serena Reza | Business, Business growth, Business performance, Development, Profit
Any business that strives towards success should be making money, or in business terminology, generating profit. One of the main reasons that businesses go under is because of the confusion between two seemingly similar, but in reality quite different aspects....
by Serena Reza | Business, business advice, Business planning, Financial Planning, Profit, Uncategorized
Wondering how to price your products or services so you can make a profit? It’s not as simple as it seems because it involves several things to consider. That’s why figuring out the right price is one of the biggest challenges business owners face. There are...
by Serena Reza | Business, business advice, Business growth, Business performance, business success, Cash flow, Development, Money, Profit
Feeling like you’re not achieving success in your business? You’re not alone. You’d be surprised to hear that many people feel this way at some point in their lives. But don’t worry, I can help. Once you’ve learned what success actually...
by Serena Reza | Budgeting, Business, Business growth, Business performance, Cash flow, Financial Planning, Money, Profit
Running a business means setting clear goals that you would like to achieve as a business owner. Whether that is to provide services or manufacture products, you must have a defined target and strive to reach it. Certainly, one of your goals should be making...
by Serena Reza | Business performance, Business planning, Financial Planning, Profit
Do you want to reduce your costs by 25% to 30%? If so, then target costing is the right choice for you. Therefore pricing using target costing can help you cut costs without sacrificing quality. Traditional and target costing – differences The two methods...
