Do You Know Where The Day Goes?
Time flies – but it can also sink you. So how do you better control it? Usually only people that bill by the hour use time sheets. I think a lot of other businesses should as well. When most people think of timesheets they think of the 6-minute interval hell stories we all have […]
Strategy Vs Housekeeping
Some things have to get done – else they will come back to bite you later – but they won’t necessarily grow a business. As an example, accounts departments are usually seen as a cost, and rightly so because most of the tasks they undertake are housekeeping functions. Chasing the debtors, doing payroll, and adding […]
How To Write A Budget Paper
If you have to present a budget paper to your Board and/or investors it’s a good idea to provide a document explaining the numbers, rather than just hit them cold with a big complex spreadsheet. It’s not just a better way to communicate with stakeholders but also a great way for you to clarify your […]
Design The Life You Love
Check out “Design The Life You Love” by Ayse Birsel. This is a great read for business owners. Especially the consideration of constraints as well as deconstruction and reconstruction of elements. Enjoy http://www.aysebirsel.com/book/
Why It’s Better To Be Slightly Resource Constrained
Human beings work better with constraints and we are usually not very good at restraint. Constraints drive better creative solutions, plus we get a sense of achievement and satisfaction when we overcome them. Too many resources, on the other hand, usually just ends up causing waste. Anyone that wants to stay healthy knows not to have […]
Podcast Interview With Leigh Dunsford @ Waddle Loans
I recently did a podcast interview with the very cool Leigh Dunsfield from Waddle Loans Check it out https://soundcloud.com/waddlepodcast/thomas-taylor-t2-consult-podcast
Focus On The Large And Variable – Not The Small And Predictable
If you have a 30 June year end you’re probably putting the finishing touches on your annual budget. If you are, it’s a good time to have a look at the way you categorise income and expenses. We see a lot of large and complex reports that can make it hard for a business to keep […]
How Will Automation Affect Your Clients?
We mostly work with businesses that have really big clients, it seems to be the thing that defines us. And most knowledge economy B2B’s will be like that, where their clients are mostly bigger than they are. The provision of services to startups, micro businesses, traditional small businesses, and of course B2C, is moving online and […]
It’s What’s Up Front That Counts
There is that old saying that “if you what to improve something, first measure it”. And if you really want to know what’s going on in your business you can’t just rely on your accounting system. Some of the data you need will be there but not all of it. The most important information will live in your front […]
Should You Keep Staff Salaries Secret?
I remember being told at my first university economics lecture that we have to assume human beings always make rational choices. That seemed like a very bad start to me, to most people I imagine. Nevertheless, doing the opposite, assuming that most people are irrational, seems worse. Like when some business owners think less of […]