Wisdom Consulting Group | Financial service

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Wisdom Consulting Group

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25.01.2022 Thanks Lawrence!

23.01.2022 I know this year has been one of the most challenging years in business, with the pandemic and lockdowns, and just the disruption to business. But here's the thing, many of you could be making decisions that lead to a healthier, more profitable, higher cash-generating business, however, you're allowing your ego to get in the way. https://youtu.be/8UOIjlgghn0

22.01.2022 During these unprecedented times, it's really easy to go into opportunity or ideas overwhelm. https://youtu.be/xhbYihCLNoA

22.01.2022 We recently had a really great in-house session with the team at Real Therapy Solutions, on communication and time management. Some great feedback from one of the lovely clinic managers. Thanks Kate!

19.01.2022 For me, in business, one of the most disempowering statements I hear day in, day out is when a business owner says, Ah, I had a gut feeling about that I cringe every time I hear that statement. And I want to tell you why. https://youtu.be/4dVfaTvvxsY

18.01.2022 Is your record keeping and are your books in good order all the time? https://youtu.be/NcX83RsLT9s

13.01.2022 It's all about understanding the assumptions you're making, challenging those assumptions on a monthly basis, and refining them over time. https://youtu.be/_COpW9H-vUU

12.01.2022 I want to keep this really short and really simple today. Growing a great business is really, really simple, but it’s not easy. Don't mistake simple for easy. ... As a business owner, you need to oversee and move in the right direction with these five metrics. https://youtu.be/vw_3qAcxoBE

07.01.2022 We’ve all heard the saying revenue is vanity, profit is sanity, and cash is king, and it couldn’t be more true than in today’s climate. But here’s the thing, it’s not just as simple as cash is king. I was reading an article the other day, and it drew a parallel between how cash in your business is like oxygen in Maslow’s hierarchy of needs. And it’s so true. The reality is, as humans, we can only live a couple of minutes without oxygen a business starved of cash cannot live... very long. So, what’s the key form that cash comes in? 1. Sales. If you’re not out there hustling for sales right now, and you don’t have a clear strategy to bring more sales into your business, you’re starving your business of cash. 2. Financing Options. This could be an overdraft, it could be a short-term loan, it could be borrowing off friends or family. Capital injected into your business. 3. Asset Liquidation. I know people who have been selling vehicles or furniture they’re not using. They’re downsizing what they need. They’re selling things off to bring cash in the door. These are just three quick ways that you can generate cash. But the primary way you want to focus on is to get out there and sell. I remember hearing a quote years ago at a seminar I attended. There’s nothing more sales won’t fix in a business. This is so true. If you don’t have a clear strategy to market your products or services right now, you need to adapt your language right now to the current climate to help people make a buying decision, or you will starve your business of cash. And no matter what happens, no matter what government stimulus there is, your business will die because it can only last a short period of time without cash.

05.01.2022 Hi all, a reminder that we will be closed from 5 pm, Friday the 18th of December, reopening on Monday the 11th of January. During this time emails and Social Media will not be monitored. We wish everyone a relaxing break and look forward to a big 2021!... Merry Christmas :)

04.01.2022 Failing to plan is planning to fail. We’ve heard this time and time again. Yet I see so many entrepreneurs continuing to make the mistake of failing to plan where they want their business to go. I’m not a big believer in big, thick, formal business plans unless you’re trying to raise some capital, or get a bank loan, or something to that effect. Most of those just collect dust on the shelf....Continue reading

Wisdom Consulting Group | Financial service