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    4 guiding principles when choosing a business structure [cheat sheet]

    Posted by James Price | JPAbusiness on 25-Oct-2017 05:32:00

    Good business structures should be effective in:

    1. Protecting your assets
    2. Minimising your income tax and capital gains tax
    3. Simplifying your administration
    4. Achieving your retirement objectives
    5. Achieving your estate planning objectives.
    Continue reading...

    Topics: Business Structures, cheat sheet

    14 ways to control your cash flow [cheat sheet]

    Posted by James Price | JPAbusiness on 27-Sep-2017 05:00:00

    Cash flow is a critical part of the operation of a business.

    If your business were a human body then cash flow would be the system of veins and arteries and the blood that runs through them.

    Cash flow is essential for keeping the body/business alive, active and functioning.

    This cheat sheet contains 14 of our top tips for managing your cash flow. 

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    Topics: Advice, Cash flow, Working capital, Running your business, cheat sheet

    How to bring a new shareholder into a business [cheat sheet]

    Posted by James Price | JPAbusiness on 02-Aug-2017 03:11:00

    There are 2 key issues to consider when taking on a new partner or shareholder:

    1. How to establish the shareholding for the incoming investor
    2. How to manage the shareholder relationships.
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    Topics: Shareholders, cheat sheet

    7 tips for managing your virtual team [cheat sheet]

    Posted by James Price | JPAbusiness on 05-Jul-2017 05:30:00

    ‘Virtual teams’, ‘virtual resourcing’ and ‘contingent workforce’ are fancy ways of saying outsourcing.

    They’re modern terms, but their development is based on the very old business adage of ‘do what you do well and rely on others for the rest’.

    Globalisation and technological advances mean small to medium-sized enterprises (SMEs) are increasingly outsourcing to drive efficiencies, but managing virtual teams also presents its own challenges.

    Continue reading...

    Topics: Employment and recruitment, Advice, Staff, Running your business, cheat sheet

    What information must you share when selling a business? [cheat sheet]

    Posted by James Price | JPAbusiness on 21-Jun-2017 05:01:00

    When selling your business it’s important that potential buyers can feel confident the information they have been given about its value proposition is credible, robust and transparent.

    Often as a business owner we take things about our business for granted. These may include:

    Continue reading...

    Topics: Selling your business, Advice, cheat sheet

    How to create a brand plan using the 3 Ps

    Posted by James Price | JPAbusiness on 12-Apr-2017 05:52:00

    When people think about the term ‘brand’ they often think only of a brand’s visual manifestation, i.e. the logo and livery.

    But a brand is much more than that.

    A brand is the sum of all you say and do in relation to your products and services, plus consumers’ personal experiences with these.  

    It is the relationship, or connection, between an organisation and its customers.

    Continue reading...

    Topics: Brand and marketing, cheat sheet

    7 tips for a successful hire [cheat sheet]

    Posted by James Price | JPAbusiness on 01-Mar-2017 05:01:00

    High staff turnover and poor employee retention and engagement have multiple negative impacts on a business – morale, productivity, financial performance and business value can all suffer.

    To give yourself the best chance of a successful hire, it’s important to put some time and effort in before you interview to do the following:

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    Topics: Employment and recruitment, Advice, cheat sheet

    Tips for communicating with your bank [cheat sheet]

    Posted by James Price | JPAbusiness on 23-Nov-2016 04:00:00

    You may be surprised to hear this, but finance is about much more than money.

    Security, serviceability, interest rates, covenants, margins, fees, repayments – yes, these are all important, but there is something even more important in a successful business–financier relationship and that is strong communication.

    The following cheat sheet offers some of my tips for ensuring the lines of communication are always open between your business and your bank or financier.

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    Topics: cheat sheet, Banking

    How to protect your business when outsourcing [cheat sheet]

    Posted by James Price | JPAbusiness on 16-Nov-2016 04:00:00

    Outsourcing is hardly a new phenomenon in business, but globalisation and technological advances have made it a much more common one.

    Many small to medium-sized enterprises – including my own – have a ‘virtual team’ of service providers who work in concert with the regular team of in-office staff members.

    We have created the following cheat sheet based on our experience and that of our clients who also have valuable outsourcing partnerships.

    Continue reading...

    Topics: Free download, Advice, Staff, Running your business, cheat sheet

    How to manage staff for high performance [cheat sheet]

    Posted by James Price | JPAbusiness on 26-Oct-2016 05:15:00

    The JPAbusiness Staff Management Cheat Sheet is designed to assist you, as an owner or senior manager, to get the most from staff by helping you to manage positively and proactively.

    The cheat sheet contains 6 staff management themes which you need to keep in mind – and act on – as you go about your day-to-day activities.

    Continue reading...

    Topics: Employment and recruitment, Skills and knowledge, Advice, Staff, Running your business, cheat sheet

     
    Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
     
     

     

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