Maximum Profit Blog

DELEGATION OR EMPOWERMENT? AND WHY THE LATTER IS DANGEROUS THING ? Good business owners/managers have always recognised the value of being able to delegate work to their teams. After all, it makes no sense for the managers to hog all the work for themselves, does it? That...

I read two articles today which, on the face of it, were totally unrelated. On reflection however it occurred to me that, in fact, they were simply different sides of the same coin. The first, which appeared on the ?Construction Enquirer? website, outlined the dangers...

A personal liability notice ("PLN") ?issued by HM Revenue and Customs seeks to make a director personally liable for the company's unpaid PAYE and National Insurance debts; however they may only issue a PLN if it appears to them that the failure of the company...

  The Fastest Way to Success in 2014 [caption id="attachment_3424" align="alignright" width="128"] Your thoughts create your actions[/caption] This year has already started with a number of positive statistics about the economy and many of the business people I talk to are all echoing these positive feelings. There is...

How Important is Your Sales and Marketing? Your sales and marketing has one aim, that is to provide your business with high quality clients. Those clients who you do your best work with. If I was to ask you what percentage of your clients you cannot...

  The Most Powerful Tool in Your Business Your mind and those of your team are the most powerful tools in your business, both for good and for not so good. As the quotes above say, how you think about things is a massive influence on how...

"No Man is an Island" (obviously that doesn't include the Isle of Man) according to poet John Donne in his work Meditation XVII and most businesses are the same. You are generally not alone in your specific business and more importantly there are other businesses...

One of the questions business owners often ask us is: ?Why is it so important that I should systematise my business?? Our standard reply is: ?What would happen if you got into your car after work tonight but never got home?? It usually takes a...

OK, most of us have laughed when we heard the joke about the not so clever celebrity (insert name of choice) who cheered when they finished the jigsaw puzzle in 2 hours proclaiming that it stated 4 - 12 years on the box. My question to...

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