Sollertia Blog

It’s a common misconception that a high turnover equals healthy profits, and vice versa. In reality, the amount of profit a business has depends largely on Read more

Increasing the profitability of your company can be achieved in a couple of ways, whether it’s by building your sales or reducing running costs. Profit is the ultimate goal of all businesses and should be carefully monitored. If Read more

The ultimate objective for a company is to expand and increase profits. For many businesses, this means that more cash is required to fund that growth, invest in equipment and a larger workforce, and also fund credit Read more

We are often reminded that the ultimate goal for a company is growth, but sudden growth can have a negative impact on cashflow and ultimately lead to problems. Profit, turnover and cashflow all have a different impact on the company, with cashflow being the most Read more

There are many things you can do to increase profits in your company, although this doesn’t always involve big changes. There may be reasons why your profits have stalled, and not all the reasons will be obvious. It is worth investing the time and resource to Read more

Usually created as part of a business plan roughly once a year, your business plan is the go-to point for the strategies you form to help reach specified targets through the year. A sound plan will help to tackle any potential cash shortages and prepare finances for the year ahead.

What do you need Read more

Managing profit and loss is a crucial element of a solvent and financially healthy business. Profit and loss statements need to be produced on a regular basis, so that you can see where you are making a profit, or where losses are occurring. To minimise the Read more

The profit of a business is completely different to profit margins, and the increase of one doesn’t automatically mean the increase of the other. Profit can be calculated by subtracting total expenses from the gross profit of Read more

Small business owners are often tasked with dealing with all aspects of running and building a company, with not enough hours during the day.

As the owner of a small company, you will probably find Read more

Starting a business is an exciting time full of the promise of a prosperous future. Some of the most successful entrepreneurs started out with a small business, including Richard Branson, who had a mail-order record store. Entrepreneurs have to possess self-belief, determination, tenacity and drive in order to Read more