What is cost of sales in business?

What is cost of sales in relation to your business? In its most basic form, cost of sales refers to the costs involved in producing the goods or services that your company provides. Knowing it will enable you to ensure that the company stays profitable over time.  Some aspects to your cost of sale may […]

Leadership vs management: What are the differences?

In business, leadership vs management is a topic that regularly comes up. However, what do they both mean, and how do they complement one another? Many people think the two mean the same thing, but that’s not entirely true. Today, we will give an overview of each and explain some key characteristics that a leader […]

How to improve your financial management

Good business financial decisions are the difference between success and failure. We all prefer the former, which is why at times, we need help to improve our business financial management to ensure a happy business owner and a functioning, growing and profitable business. Except for the accountants among you, very few of you will have […]

Time management – How can a business coach help?

Time management | Person using laptop with calendar on screen

Build work motivation and confidence with a business coach

This blog goes into detail on the importance of motivation and confidence, and why it is integral to your success as a small business owner. Is motivation an important factor in business success? I like to think of motivation as moving away from a difficult situation – you’re motivated to work when there’s not enough […]

Five common mistakes small business owners make

In this blog, I will share the five mistakes small business owners make you should make sure you don’t fall victim to. It is estimated approximately 20% of new businesses fail in their first year. By their third birthday, 60% of them fall by the wayside. The bad news: being in business (statistically) is not […]