When we plan a journey by road, we choose the destination, the vehicle which we will travel in, the route we will follow and the money required for the journey. Do you have a written plan of action, or strategy, for your business? This is the route map that should be directing your resources in order to realise the business output you expect and plan for.

When you approach a potential financier to provide a loan for starting or expanding your business, it's best to be aware of some of the terminology that may be used and what they mean. This article provides you with a list of terms related to financing and finance that it would be helpful for you to know. While this list isn't the complete financing lexicon, it does point you in the right direction.

Buying a truck for your business is no negligible expense, never mind buying a whole fleet of trucks. Therefore you want to make sure you get the best truck for the job. If you get the specifications right from the beginning your vehicle will be more fuel-efficient and provide maximum reliability. Here are the most important pieces of information to talk to your truck dealer about.

There are a number of instances when you may need to determine the market value of a business. Certainly, buying and selling a business is the most common reason. Estate planning, reorganization, or verification of your worth for lenders or investors are other reasons. Valuing a company is hardly a precise science and can vary depending on the type of business and the reason for coming up with a valuation. This article looks at some of the common methods used to determine the value of a business.

Buying a truck for your business is no negligible expense, never mind buying a whole fleet of trucks. Therefore you want to make sure you get the best truck for the job. If you get the specifications right from the beginning your vehicle will be more fuel-efficient and ­provide maximum reliability. Here are the most important pieces of information to talk to your truck dealer about.

Clients are and remain the treasure of every business. This article will try to answer the following question: “Who is the ideal client for my business?” by identifying which demographic indicators to use if your ideal client is an individual or a business. It also encourages you to think about whether your product/service fits the problem/need of your identified client as this will help determine if they are an ideal client or not.

Seeing your business consistently growing is something every entrepreneur strives for. But not being prepared for the implications can do more harm than good. Getting too big too fast can lead to overworked employees, disgruntled customers and financial strain – not to mention a frazzled owner. Stay in control by taking it step by step and planning ahead. Here are 7 tips to help you control your business growth.

You may think that because you have good bookkeeping and accounting processes in place and your cash flow is under control, you can sit back and relax. Unfortunately, you'd be wrong. This is the perfect time to do an in-depth analysis of where your business stands financially. If you're not so clued up about the accounting and financial side of your business, you may not realise how an in-depth financial analysis can benefit your company. Learn how to get the most out of your financial information.

Every business owner wants their business to succeed but often they don’t know how they can do that. However, with the rise of outsourcing, many companies have managed to grow their business and reach their business goals. There are many advantages that come with outsourcing your business. If you’re interested in knowing more about outsourcing and how it can help your business, then read our advantages in this article.

Things are going well with the business, but you suspect it could go even better. Then maybe it’s time to expand. Whether it means hiring new people, opening up another branch, or extending your offering, expanding your business can be the difference between merely treading water and breaking new boundaries. However, not every business is in a position to expand. Expanding your business before the right time can have disastrous consequences. So first see if any of these seven signs are applicable to your business.