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In this month’s column we explain the importance of Gross Profit (GP). This is a very important number and metric that every business owner should track on an ongoing basis in their business. Lets start by explaining what gross profit is – it is the profit made after deducting the direct costs of producing or […]
Category Archives: Business Advisory
01
Feb
Feb
In this blog, Melissa Jacobs explores the importance of your Annual Business Budget With most businesses approaching their financial year end at the end of February, it’s a great time to start thinking about and preparing your annual business budget for the forthcoming financial year. From experience we have seen that very few businesses, especially […]
15
Dec
Dec
Last month we celebrated our 9th birthday. Considering the failure rate of small businesses is so high (around 80%), we are delighted to have not only survived the statistics but are thriving as a business. Starting a business from scratch is never easy and that’s why we can relate so well to our business owner […]
