I started my own business a few years ago, and I considered myself very lucky when it became profitable almost immediately. I was sure that was a sign that it was destined to keep growing, but to my surprise, my earnings became stagnant after being in business just a few months. I thought I was doing everything right, but I just wasn't making enough to stay in business much longer. I finally reached my wits end and called in outside help from a business consultant. I wish I had done it sooner, because it was the outside, unbiased view I needed to make my business more profitable. The consultant helped me make a few tweaks to my supply chain and marketing plan, and my profits increased dramatically. I like helping new business owners, so I decided to create a blog to share my tips!
31 August 2022
Mining financial risk modelling is a critical part of success in the industry. You need to know how to stay ahead of developments, especially in the commodities market, to ensure your company is maximizing profits and minimizing risk exposure. The job is often less about exploiting opportunities and more about avoiding catastrophic mistakes. You can reduce the risk of a financial crunch at your mining operation by being mindful of these 5 potential mistakes.
10 February 2022
Over the years, there has been an increasing range of Enterprise Resource Planning solutions available. And while some people may think that this is beneficial since rigid competition will give way to a decrease in prices, the reality of the matter is that the extensive array of ERP software solutions available makes it more challenging to select an option for one's operations, as they offer a varying range of pros and cons.