30 Aug

August’s Food4Thought – Finance

This month during Food4Thought we discussed the critical topic of finance. A number of key areas were discussed by the business owners around the table and we were able to offer both experience and advice: Getting paid on time – what to do and what not to do, how can you maintain relationships when chasing for debt How technology and can apps help manage finances Payment terms and what to do about them Access to funding and when is the right time to invest in your business Knowing your numbers, what to expect from your accountant and the benefits of having an outsourced FD As usual, there were lots of ideas and suggestions from around the dinner table on both nights that were held in Leeds these included recommendations made for credit control and debt recovery partners, as well as accountancy technology such as Xero which can save time and help to keep track of your numbers.   Some of the main tips included: Working with customers with shared values...

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28 Jun

June’s Food4Thought – Talent

You can only build the right business with the right talent… Do you struggle to find and recruit the right talent? Are you hands on with everything and feel like you’re the only one that cares? Do you struggle to take time off because you don’t have the right team in place? If you’ve answered YES to any of these questions then you would have benefited from our discussions this week at Food4Thought. But to make sure you don’t miss out I’d like to share with you some of the highlights.     Recruiting the right talent means you can start building the right business, one that will deliver you the ‘Freedom to choose’ which in my experience is what most business owners are trying to achieve. Having the wrong people in your business can zap your time and energy, holding your business back and costing you money. The business owners around the table this week were full of ideas about how to recruit the best people. Discussions ranged over...

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