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I’m not getting any younger and I’m beginning to think about giving it all up, what’s your advice? The first thing I would say is start preparing for an exit route as soon as possible. There are...
My business is doing ok but I want to increase my profits You are probably already aware of the three things that can increase your profitability: sell more products [increase turnover], sell same...
What actually is a recession? Yes, a good question to start with. The economic definition of a recession is a reduction in GDP [Gross Domestic Product] for two consecutive quarters - a country’s GDP...
I want to be ready for expected further growth in my business but if I employ extra staff and increase other costs now, I’m going to be making a loss until my sales grow. What should I do? Yes, an...