Are you ready to create the financial freedom to run your business and live your life on YOUR terms? I’m very excited indeed to be properly opening the doors now after our initial pilot launch last October.    My mission is to help you not only build long term financial security and freedom, but to give you the freedom to run your business and live life on your terms NOW,  not just some day in the future! It’s a membership program to help you achieve very specific results: You get access everything we teach our 1:1 clients; our step-by-step training program to help you take con ..read more

The 3 step formula to fix your financial model Ok, did you watch my interview with Robert Craven last week? Seriously if there’s one thing you should treat yourself to this week, listen to this replay.  (insert this link over “listen to the replay” https://www.crowdcast.io/e/expert-interview-robert) Robert Craven, in case you don’t know, is a real business heavyweight – author of 10 business books (2 have a foreward by Richard Branson no less) and he’s a legend in the marketing world. I knew he’d be good value and he definitely didn’t disappoint, with lots of painful moments as he dropped ..read more

Isn’t it amazing to hear in the news that the economy is recovering so strongly, with business confidence at an eight year high. But growing quickly after the events of this past year can put your business under financial pressure because growth burns cash, so you need to grow from a place of stability. Grow from a place where you’re not making your decisions from fear. Ways to tell it you’ve got strong financial foundations: You’re making healthy profits every month – at least 10% net after tax & dividends If you lost your biggest customer you’d still be profitable You’ve got all of your ..read more

There are many reasons why most small businesses will always struggle financially, and why so very few business owners will achieve Financial Freedom.   There are things that the financially successful people do, and have done, to get to where they are. They didn’t get there without learning and doing some very specific things!   I obsess constantly looking for ways to help our 121 clients and Academy members build their own financial security, and to make sure they’re among the success stories, not the ones who endlessly struggle. So I’ve been upgrading the membership program over t ..read more

Actionable ways to build the value of your business   Watch the Video Blog Here   Last week I ran my weekly live masterclass on the actionable ways to build the value of your business, following on from our Expert Interview with the corporate finance expert Barry Lee. So I wanted to follow up with a summary of that workshop with all the elements you should be considering right now to start building the value of your business. Start with the end in mind No matter where you in your business journey, what do you WANT for your life, when might you want to sell? How much money do YOU need ..read more

This one powerful idea will build your long term wealth I want to talk this week about the difference between short term riches and long term wealth. So what do I mean by that? Well, it’s understanding the difference between the profit you make and keep, ie your retained profit, and what you DO with that profit to build your long term wealth. Because it’s your long term wealth that’s going to give you Financial Freedom in the future. Obviously making profit is our starting point; we’re never going to build wealth and freedom without that, so our business has to make “enough” profit every mon ..read more

After many years writing and producing our blog helping small business owners master their finances and the ever changing experience of running a business, it was amazing to be recognised as one of Feedspot’s top 45 business blogs and influencers! When you’re met with seemingly endless pages in search engines, it’s difficult to know which sites offer the most genuine advice. More importantly, it’s important to know who to avoid so you don’t push your business in the wrong direction. Feedspot scans the internet and monitors the content to streamline results according to various categories, whet ..read more

I read a great article recently by James Timpson, the Chief Exec at the Timpson shoe repair business. About how he’s grown his business and his bottom line by letting go of the military-style layers of corporate rules that he originally built his business on. To the point where he’s proved that fewer rules = more profit! Instead of rules and controls he gives his team flexibility and freedom to do the right things. He trusts them to make the best decisions for the company. There is of course an inevitable conflict between freedom and control. As a recovering accountant I am fond of financial c ..read more

If you read my blog or work with me you’ll have heard me banging on about Vivid Vision. A lot. I love it so much it’s even part of my membership training program in The F Word Academy. If you want to build financial freedom, you’ve got to know what that looks like, right? In case you haven’t got a clue what I’m talking about I’ll give you a quick overview in a minute, but first I’ll tell you why I’m writing this post. One of my Academy members Carl Benfield, having absolutely nailed his Vivid Vision, followed through and published his Vision to world (That’s right…. this isn’t a business plan ..read more

1)    Anything can happen and we always need to have a cash safety net I talk a lot about buffer cash and why you should have at least 3 months overheads in the bank; because stuff can happen. And the last year is the ultimate example of why we just cannot afford to run our business on empty. We always need fuel in the tank…. because you never know.  You should make it a priority to build your 3-months buffer cash before investing in growth. You should also make sure that your taxes are put away into a separate bank account. Even if you’ve sensibly got deferred VAT and CT o ..read more