We’ve unpacked the business owner journey to help you understand how to move to the next stage and ultimately make yourself redundant.
MVL, or Minimum Viable Lifestyle, is a term I first coined when I started my business to help calculate the minimum amount of money I could live on without racking up debt. Here’s how to calculate yours.
When assessing the financial performance of an online business, most people look at profit to determine success. Here’s what you should be looking at instead.
While it might seem easy to leave these off your sales tally, here’s why you should be paying more attention to discounts and returns.
Discounting can be destructive to your business. Here are four alternatives to improve sales without lowering your prices.
The best businesses in the world have strong gross profit margins. Here’s how to calculate yours and check your financial health.
What impact will added expenses have on your business? Instead of hoping for the best, calculate your break-even point and make informed spending decisions.
Wondering if your digital agency’s profit margin stacks up? Find out what your profit margin should be – and how to get there.
There are few words in the English language that conjure feelings of scarcity and deprivation like “budgeting”. Our amygdala responds to the word budget in the same way it responds to the word diet — with utter dread. Budgeting, like dieting, is disliked because it requires determination. It requires us to be disciplined with our…
Ever wonder how the super-rich have plenty of cash to splash, but only have to pay a minimal amount of income tax? Here’s what you need to know.