Business Adivce
-
Administration Failure
The other day I had a conversation with a person who explained to me that in her work they had a billing issue. I asked if the business was not making enough sales. On the contrary, apparently, they had more than enough work to safe the business in the short term. What was the problem…
-
What is your excuse?
Yes, what is your excuse? Why didn’t you start that company yet? Very busy? Lack of money? Nonsense! Stop looking for excuses and get your a** moved! I’m sure you’ve heard that a lot during this time, especially on the internet, where a bunch of so called “experts” claim that if you haven’t started your…
-
Who does what? Why businesses need well-defined processes
You’re driving in a city. There are traffic lights, signs or all sorts. You know you have to stop when lights are red, continue when they are green. You know that if a standing sign is missing, you’ll have to look at the paintings on the ground. In contrast, if two signals contradict each other,…
-
New Year Habits
Every year, many people reflect on their New Year resolution’s, deciding if they will set new, change, or abandon goals or habits. Businesses often look at the performance indicators of previous years and decide what needs to be adjusted in their overall strategy, and what goals they wish to pursue in the financial year. At…
-
This time of the Year
Reaching the end of 2024. Many organisations take the time, if they haven’t already, to look at what went and not so well, appraising the performance of the company according to the goals they set to meet during the year, and review if changes need to be done, like removing objectives that no are no…
-
Your Book? No, thanks
Apart from working in finance I like writing books. Novels, to be more specific. I self-published three via Amazon. One of them through a self-publishing company, which help your book become a reality in exchange for many euros. They problem is that you have to sell it unless you pay more to them so that…
-
When Chaos Reigns and Everything Seems Lost
It’s very early in the morning. 6:00 a.m., to be precise. I could barely sleep. The situation at the company is unbearable. Five years ago I decided to start my own business. I got a loan, bought computers, tools and other equipment for my workshop. Latest technology, with lots of features promising high levels of…
-
Changing Card Numbers
Changing Card Numbers Some time ago I went on holidays with my partner to a mediterranean island. To see around and have more freedom, we rented a car. We went to the beach, a small city and the top of a small mountain where there was a lighthouse and a magnificent view of the ocean.…
-
A matter of Luck or Risk
Often, we see businesses succeed or fail. Same with people and their careers. If they succeed, we see them as brilliant, gifted or even smarter than regular people. In contrast, when they fail, we see them as the opposite. Of course, we know that there are some variables that play a significant role in the…
-
Where should I look at?
Another concern when running a business is how to track and measure your progress. If you have been investigating, probably you have seen all sorts of metrics: customer complaints, revenue, market share, reviews on social media… Anything that can be measured can become a metric. However, what are the right ones? This is often a…
Ruiz Fernandez Business Services 