SM2.5 How to do an 80/20 Data Analysis
We frequently refer to the 80/20 Rule in 12Faces. It assumes you can spot the best and worse performers among your products, market, staff and customers. This article explains the simple methodology behind quickly allocating each candidate to a slot in the rankings chart. Blue Belt
SM6.0 Profitable Business Autopilot – Introduction
Have money available when you need it! Among the largest contributors to the failure of both small and larger businesses, are either; they fail to make a Profit: they don’t have a profitable business. or they incorrectly account for their cash and run out of money to pay their debts and tax liability. This […]
SM5.0 Theory of Constraints (TOC) and your Bottlenecks
The Theory of Constraints (TOC) has probably had more impact on our prizewinning business than any other management gem! We first heard of it when reading that Jeff Bezos, Founder of Amazon, required all his managers to read the book that introduced ToC – The Goal. Bezos has done OK so must be something in […]
SM6.01 Introducing CashFlow Magic with “Piggy Banks”
Cashflow Piggy Banks: A Simple Way to Master Your Business Money 💰 As a small business owner, keeping track of money can be stressful. You might see a lot of cash in the bank, but how do you know if it’s really yours, or if it’s earmarked for a big expense that’s coming up? Cashflow […]
SM1.2 Longer Term Pricing Systems
Price is a major determinant of the profitability of your business! A Price change of as little as 1% can often lead to profit increases of up to 11%. You can make quick changes by changing your existing pricing by a percentage figure that, essentially, you think you can get away with. However, in the longer term, you might want to develop a system to your pricing so that you get a method of getting the best prices you can. Price is one of the major determinates of Revenue so it is an important issue to be aware of. This is a blue belt topic.
SM6.3 Profit Autopilot Focused Business Model Video 1
We have a two part video series on Profit Autopilot that gives you a quick introduction to the power of the Profit Autopilot approach. Video 1 introduces how quickly you can decide if your business will provide you with the Profit and Salary that you want. If not, it explains how to tune your business to achieve […]
SM6.5 Profit Autopilot “Piggy Banks”
By the time you have reached this point in this 4 part series on Profit Autopilot, you have learned how: To be reasonably confident of making a predicted Profit and paying yourself a Salary. To be confident that you will have sufficient money to pay your Tax and at least break even at the end […]
SM4.0 Business Efficiency: Waste Reduction Introduction
Eight Types of Waste Business efficiency relies upon managing and reducing waste Here are 8 tested ways for doing this What is Waste? A straight forward explanation of waste is that it is anything that adds no value to the final product or service. This is something that the customer is not willing to pay […]
SM3.2 De-Stress Video
Watch this short 11 minute video on how to reduce the four main sources of small business owner/operator stress.
SM3.0 How to De-Stress Introduction
Stress is All Around Us. There is no doubt that many Owner/Operators work under considerable stress. Sometimes this stress is constructive because we are excited and challenged by growing the business and/or making it more profitable.
But all too often, it comes about because events just overtake us and we find ourselves fighting off one alligator just to get attacked by another. This stress is not healthy or helpful. It leads to all sorts of physical upsets and is also often damaging to your relationships. 