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What is More Important Terms or Price?

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.

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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?

Why Should You Match Your Terms of Trade?

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.

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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?

Why Cash Is Not Part of Working Capital

Business owners sometimes ask us why we don’t include cash when we talk about working capital. This is a great question and it’s very important to understand the answer.

Andee explains in today’s video what cash really is and why it’s not included as part of working capital.

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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 Government House, Melbourne and answers the question Why Cash Is Not Part of Working Capital

What’s Working Capital?

Working capital is a term that confuses many small business owners. Today Andee explains in simple terms what working capital is.

Working capital is a very common place for money to hide in your business, so it’s very important to watch closely what it is doing in your business.

Click to play...

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 Sidney Myer Music Bowl, Melbourne and answers the question What’s Working Capital

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