The Hidden Cost of Cash Collection

It doesn’t seem much at the time. Your Accounts Receivables Days outstanding has just slipped from 45 days on average to 50 days. So what? You lose 5 days. Say you ship $36.5m of product in a year. Call it $100,000 per day of sales invoices (for the lawyers...

The Stories Driving Your Business

There are only two stories that matter behind every financial performance. Until you understand those two stories you don’t understand your business. These stories cover all types of Revenue. These stories cover all types of Costs. It doesn’t matter what...

The Art of Selling

Sales professionals are in the career building business.The god to worship is not a Purchase Order. It’s the improved performance of your prospect. And not just the prospect company but the actual human being. If you can’t improve the performance of your...

Selling Your Business For Shares

My advice to sellers of businesses is always the same – cash is king. Taking shares from the buyer in exchange for ownership of your company is risky. Think of it this way. If you had a wheelbarrow full of cash, and I asked you to tip it into a set of shares in...
Making Recruitment Easier – Execution Tips

Making Recruitment Easier – Execution Tips

The roadblock on growth is rarely money it’s people. Really smart, curious, effective people who want to own the problem, master the skills, and feel part of something bigger. Attracting great people is not luck. At least 30% of the CEO’s time should be spent finding...
Playbook #4: Innovation

Playbook #4: Innovation

Over the last 10 years I’ve been heavily involved in 4 different businesses, Teamstudio (Software), ETM Manufacturing (Precision Engineering), ADMET (Materials Testing Systems Manufacturer) and Net Atlantic (Email Marketing). The first three achieved Inc 5000 status...
Playbook #3: Sales

Playbook #3: Sales

Last week we discussed the essential ingredients of the Marketing Playbook. This week we turn to Sales, Playbook #3. However it is important to understand that all of  The Playbooks can only succeed if they are aligned and integrated. Again your Sales Playbook will...
Playbook #3: Sales

Playbook #1 – Positioning

Last week I published The Saleability Test describing the 15 key drivers that drives a buyer’s thinking. The key issues that determine just how saleable your business might be. Well assuming you want to improve your score I’ve reconciled those 15 key...
Summer Reading List

Summer Reading List

Happy 4th. Today’s post – some great business books I’ve been reading on my Kindle – Checklist Manifesto – Atul Gawande Hope is Not a Strategy – 6 Keys to Winning the Complex Sale –Rick Page Drive: The Surprising Truth About...