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How to become a profitable business

How to become a profitable business

The ability to generate profit is crucial for the survival of any business, whether large or small. For many, profit is the positive financial gain a business makes after the subtraction of all expenses. However, profit is more than just making money. A profitable...

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Why does managing your time effectively make sense?

Why does managing your time effectively make sense?

Running your own business comes with a lot of responsibilities and a long to-do list each day. This can often make it seem like you are constantly fighting fires or running from one urgent job to the next. It may surprise you to know that much of this can be down to...

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Improving cash flow to increase profitability

Improving cash flow to increase profitability

A large part of running a business is finding ways of doing things more efficiently. By streamlining processes and procedures you will be able to save time, minimise waste and ultimately increase your profitability. Working with an accountant is one of the most...

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Work smarter: system building in your business

Work smarter: system building in your business

You might be used to a certain method of working in your business, whether it's at a particular level of seniority or utilised by all employees. When you have an approach that is doing its job - i.e. engaging with clients and making profit - you might resort to the...

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Understanding the power of value-based pricing

Understanding the power of value-based pricing

If you're looking at shifting the pricing structure of your business, you might want to consider introducing a policy of value-based pricing. Value-based pricing has many benefits to offer and could help your business thrive. What is value-based pricing? Value-based...

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