Business Bulletin Magazine

What the hell are balance sheets and profit and loss accounts?

January 4, 2021January 4, 2021 Ruth Chettle 33 Views balance sheet, loss, profit, profit and loss

If you run a business you may know that a balance sheet and profit and loss account form part of your year end accounts…to many people, they are just numbers on a piece of paper!

Finance

How to make more money in your business….

August 27, 2020October 13, 2020 Kathy Bassett 136 Views costs, expenses, money, profit, sales

As a business owner I’m sure you’re always looking for ways to make more money and in particular profit. One recognized and basic way to do this is of course to focus on increasing your sales and decreasing your costs as what you’re left with is profit.

Strategy & personal development

Creating a strategy for your business

July 28, 2020July 29, 2020 Paul Green 37 Views mission, mission statement, plan, planning, profit, strategy, SWOT, SWOT analysis, target market, turnover, values, vision, vision statement

Strategy can be a scary word for a small business. However, having a clear strategy for the direction of your business can help you make clear decisions about where you want your business to be.