One of the biggest questions for manufacturers and retailers alike, particularly this time of year, is whether or not to carry inventory. Carrying inventory presents benefits and risks which this article will outline. In determining whether or not to keep inventory a business needs to look at the following factors: Raw materials input. Inventory for [...]

Continuing our going green series this article looks at Transportation and Selling and its impact on the ability of your business to deliver cost effective environmental savings. So what are some of the questions that you should be asking your business in order to determine whether or not you have savings available in your business? [...]

If you’re reading this then the first thing you’ll think, initially at least, is what do you mean by Non-revenue Generating Units. Well essentially all NGU’s as the TBL refers to them includes all your office administration staff and overhead – generally NGU walks on two legs and you’ve met them in the hallways of [...]

If your business is in the business of producing goods then this article will be most pertinent to you. However, even service-base businesses still utilise sufficient material throughput in their selling, general and administrative expenses for this article Once you’ve determined your material throughput in terms of both actual carbon profile and then your business’ [...]

This article continues on from our previous article regarding ‘Going Green’. So having read that article you might be thinking to yourself that you’re still not convinced about this carbon business and about going green. Perhaps you’re still not convinced that your business needs to worry about dealing with its environmental impact. For most small [...]

So it seems the world is going green. But what does this really mean? Well most governments in Western and developed countries are attempting to de-carbonise their industries and countries. You’re still asking what does that mean right? The answer is simply that these governments want to change both your methods and your output. Changes [...]

One of the key elements to your business in the current business environment are your computer networks, hardware and linkages. If you aren’t on top of your computers then you are likely to strike trouble at some point in time. Your business cannot afford to be ‘down’ these days for more than an hour or [...]

So you’ve come to the end of your tether. Your phone continues to ring and your business doesn’t seem to be growing as fast or as varied as your would like? What do you do? This is the moment that many business owners would take their foot off the gas and attempt to take a [...]

It’s probably one of the dreaded things as a business owner… answering the phone. I find myself constantly in a debate as to what your private time is and what is business time. Despite the contentious issue it’s important to keep in mind the following: You’re not normal. You might be tempted to think that [...]

Explaining your management expertise online is difficult and being succinct is essential. If you haven’t got anything worthwhile to say or you feel yourself repeating the same things over and over then stop! There are three areas that you should consider: Website. Your website should be brief and to the point. In this medium many [...]