Ever wondered ‘Where’s the money gone”?

‘Where’s the Money Gone?’ traces the learning of a typical business person named Mike. Mike believed that to be successful he just needed to make a profit.

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Why sell inventory at a loss?

By on March 23, 2010 in Melbourne Vlog Tour

Selling inventory at a loss may not sound like good business sense, but sometimes it’s better to recognise losses quickly and liberate cash so that it can be put back to productive work in your business.

Today Andee explains how selling stock at a loss can generate positive cash flow in your business.

The Vlog series comes from One Sherpa an online global membership community dedicated to helping small business owners succeed and prosper.

The series is filmed on location around Melbourne, Australia and answers questions commonly asked by small business owners.

This video is filmed from the Sports and Aquatic Centre, Melbourne and answers the question ‘Why Sell Inventory at a Loss?’

Find More About Your Business In One Minute Than In The Last 5 Years!

By on March 18, 2010 in Good Business Ideas

Business owners often see numbers as ants walking up a page so they have no idea what’s really happening in their business.

Yes, they know the sales and maybe what money is in the bank but struggle to understand how everything hangs together.

The statistics show that 95% of businesses fail in the first five years so there has to be a problem!

That’s why we have One Minute Business Check Up

So many business owners never take a wage from their business and therefore forget to recover that cost from their customers.

Others simply have a lead generation system which doesn’t work and they struggle to get enough customers, while there is a third group who have all their profits locked up in their business and no cash flow.

In one minute you can fill in seven numbers and find what’s been wrong with your business for years, but more importantly find out what to do about it!

Click on this link to get your check up.

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What is more important terms or price?

By on March 16, 2010 in Melbourne Vlog Tour

Most business owners when negotiating with customers or suppliers focus on getting the best price they can and this is important, BUT how much attention do you give to the “terms” of the transaction.

Terms are always important and sometimes can be more critical to the success of the transaction than the price. Today Andee looks at the different impact of both terms and price in business transactions.

The Vlog series comes from One Sherpa an online global membership community dedicated to helping small business owners succeed and prosper.

The series is filmed on location around Melbourne, Australia and answers questions commonly asked by small business owners.

This video is filmed from the Albert Lake, Melbourne and answers the question ‘What is more important Terms or Price?’

Discover the Magic Pill For Your Business Heartache

By on March 11, 2010 in Good Business Ideas

Feeling Frustrated and Stressed?

Welcome to the world of the business owner.

I remember when I first started in my own business and the unrealistic thoughts that filled my world. Even if I made half the sales I thought were possible, I’d make so much more than working for someone else.

But it didn’t work out like that.

Being a business owner turned out differently than I’d thought.

AND by the time I worked that out I’d sunk a reasonable amount of money into the business.

What no one told me was that being a business owner meant I had to think about the whole business AND make sure all the numbers worked!

The other thing about being a business owner is that there’s NEVER a spare moment.

So if you feel like this? Take the magic pill,

Do a One Minute Business Check Up on your business and see why things aren’t going how you thought they should (and you don’t even need a glass of water to take this pill!).

Video

Why should you match your terms of trade?

By on March 9, 2010 in Melbourne Vlog Tour

Matching terms of supply with your terms of sale is often overlooked by business owners, but this is important as it can have a significant impact, (positive or negative) on your business cash flow, and consequently how much money you need to fund your business operations.

Today Andee explains how matching your terms can help your cash flow.

The Vlog series comes from One Sherpa an online global membership community dedicated to helping small business owners succeed and prosper.

The series is filmed on location around Melbourne, Australia and answers questions commonly asked by small business owners.

This video is filmed from the Royal Botanical Gardens, Melbourne and answers the question ‘Why Should You Match Your Terms of Trade?’