Getting your Finances right is about 2 things: Profits and Cashflow. Otherwise, you will be working really hard and the rewards just won’t be there. Start by understanding the profit margins on each of the products and services you offer. From there you want to make sure you have the right combination of products and services to optimise your profitability.
Then there is the expense side making sure you run your business lean so you maximise the profit you make. Now profit is the first part you also want to make sure you have the cashflow and gearing of your business right so that you can accelerate towards where you want to get to.
Would you like to make more profit in your business? Too often when business owners want to make more profit they think ‘I need to grow my sales’. While that’s true to a point, one of the easiest places you can increase your profitability is to take a look at
Do you have people that owe you money that should be in your bank account rather than theirs? Many business owners are scared to chase outstanding money in case their customers say no, or that they might get angry or they are afraid if they put too much pressure on
How often are you drawing money out of your business? Drawing from your business can lead you into a trap, especially if you treat your business as an ATM to spend for personal use or your company. Here is how you can avoid falling into that trap and still be
Business is a numbers game. It is essential to know your numbers so that you can maintain focus and have visibility on what is going on in your business. So are your numbers up to date? If you know your numbers, you will know where you are at in your
Have you ever been stuck in a situation where you are unsure of whether your pricing is too high or too low? It can be very tricky to get your pricing right because there are a number of variables for you to consider. This includes your competitors, your market or
A question we often get asked is how many sales do I need to make to make the profit I desire? So what is that magic number for you? Most business owners are wishy-washy with their sales numbers and will either just take whatever that comes their way or they
When owning your own small business it’s in your own best interest to make sure you are making a profit. To be successful in the long-term your business needs to be able to sustain enough money to cover running costs plus extra insuring that you are maintaining a beneficial income
As a business owner, calculating your break-even point is an important number for you to know. So what is the break-even point? Break-even is when your profit is zero, you’re not making money and you’re not losing money. Knowing your break-even point can be helpful in deciding prices, setting sales
The training and years of interaction we shared helped set me on the right path, shaping the mindset and framework I still rely on today. My business has never been better, and more importantly, I have found a great balance between work and home life, something I do not believe would have been possible without Rueben’s coaching and the invaluable lessons I learned during our time together. Highly recommend.
Rueben’s coaching sessions have been instrumental in keeping me focused on the key drivers of the business that create the most impact. His guidance has helped me stay on track and maintain clarity in my goals.
Busy business owners do not find the time to step outside of their day to day work to really look at the business and where things can be improved. Working with Rueben has taught us to look bigger picture and ask better questions about how we can manage and grow our business. Our advice is to start with a coach as soon as you can. It will save you years and thousands of dollars from learning on your own the hard way. Rueben’s advice is always considered and practical. If you are on the fence, just do it.
Recently attending one of their workshops, I walked away with keys to move forward in our business. The workshop demonstrated the importance of understanding current issues, having a clear vision and steps to move forward towards a business vision with a strong why. A day well spent discovering new ways to move towards our goals and going from now to a future with a clear vision. A great place to network with other businesses.
Rueben and Gav have been great team members who have helped me with my business. Their techniques and education around modern business have helped me grow as a business owner and helped my team grow. I would recommend Biznostics to any business owner who needs clarity on their business journey. Thanks also to Rueben and Gav for the fun along the way.
I have been using Biznostics for almost six months now and have not only gained more family time but have also taken my business to the next level. My sales have increased significantly and I now have procedures and systems in place to help me grow further. I highly recommend Biznostics to any small business.
If you run a small to medium business, you need Biznostics. Before using Biznostics, we lacked the knowledge and direction required to grow our business. Biznostics gave us the knowledge, tools and direction we required to propel our business forward. Having knowledge and direction in turn reduces the stress of running a business.
We have been using Biznostics for over a year now. The structure and accountability that their platform has brought to our business has been of huge benefit. The benefits that have flowed to our business have been significant. I also like the comprehensive range of missions available for any subject you need in any business. Give it a go to see the benefits flow.
The Biznostics online portal has been an invaluable tool for inspiring me and giving me the tools to have fun with my business.
I have found Biznostics online business support easy to follow and user friendly.