When you're running a business, you need to pay attention to money

Just like how a coin has two sides, money also has two dimensions.

The first side has to do with how much business owners know about their own current financial situations. For example:

  • Do you have proper accounting?
  • What about bookkeeping?
  • Are there metrics in place, as well as performance indicators?

If you've ever thought to yourself “I don’t really understand what these financial reports mean" or "I don't really know know how well I’m doing,” then this dimension of your money is being overlooked.

The second side of money has to do with wanting more money yet being unsure of how to increase revenue via better sales and marketing.

Here's my no-nonsense approach to business finances and sales

Browse this library of business coaching articles for information on accounting, metrics, dashboards, and how a refreshed approach to sales can help you run your business.

Remember, money can be a tangible, proactive, systematic way of ensuring that your business is growing – but only if you know how to use “both sides” of the coin!

If you'd like some support to get a handle on money in your business, I invite you to book 15 minutes on my calendar to discuss how hiring a business coach could help you take control of your financial situation, faster.

Cash Flow, Communication & the biggest mistake you can make right now

By John Nieuwenburg | April 20, 2020

Over the last two weeks I’ve been hosting what I’ve termed an Online Group Peer Resource Centre. Once a week I meet virtually with a group of small business owners who are looking for insight that will help them navigate these uncertain times, as well as to share stories from their own businesses and lives…

Crisis Survival Guide

By John Nieuwenburg | March 28, 2020

CASH is still the KING  Five birds are sitting side by side on a telephone wire. You shoot one of them, it falls off the wire and hits the ground. Now, how many birds are left on the wire? The obvious answer is “4”. The correct answer is “none”. When you shot the first bird,…

Doing business in a pandemic: 5 things you should be focusing on right now

By John Nieuwenburg | March 17, 2020

“May you live in interesting times” is an English expression which purports to be a translation of a traditional Chinese curse. While seemingly a blessing, the expression is normally used ironically; life is better in “uninteresting times” of peace and tranquility than in “interesting” ones, which are usually times of trouble. (wikipedia reference) These most…