The goal is for you to achieve financial freedom

 Setting realistic sales targets is a key factor in improving performance and maximising profits. Realistic sales targets can help improve cash flow, increase motivation of sales staff and meet your overall business goals. Sales targets can be used for products and services, regions or even for particular types of customers. For a business to continually grow, business owners must set sales targets in areas that will boost growth and development. When setting sales targets, here are three things to keep in mind: Tailor for your business Every business is different and sales goals will vary depending on the stage of the business cycle it is in, i.e start-up or an established business. Sales targets will vary according to seasonal factors, marketing, production and supply costs.   A good way to work out a sales target for your business is to calculate the minimum sales requirement. This is the point at which both your fixed costs and your profit goal are covered by your gross profit (the

  A small business owner’s livelihood depends on being paid the right amount and at the right time. Owners who put in the hard work to do the best job possible for their clients also deserve to be paid for every minute they work and every expense they collect. But even the most diligent owners can occasionally make the mistake of forgetting to include particular fees when billing customers. Make sure you don’t forget to include the below expenses in your next invoice to keep your cash flow as solid as a rock. Consulting fees Before undertaking a project or entering an agreement with a new client, it is likely that there will be a certain amount of time spent communicating the layout and estimated costs of the project. While some businesses offer this initial consultation for free, it is important to place a value on that time upfront after the initial meeting to avoid spending hours with this customer at the expense of others after entering the agreement. Travel costs Any travel requir

  Property investment is a popular way to increase a person’s wealth and secure their financial future. But changes in interest rates, fluctuations in supply and demand, and even emotional decision making processes can make the decision to invest in property a difficult one. How an investor manages their investment ultimately determines whether or not they will reach their financial goals. Below are some things to consider before taking the plunge into property investing. Establish what you want to get out of it If you don’t know what you want to achieve, then you will never get anywhere with property investing. You need to be specific about what you want to achieve, how much money you want to make and how long you want to spend trying to get to that goal. Speak to a mortgage broker For beginner investors, a well-informed mortgage broker can be invaluable. Having access to a range of mortgage and property information means they can help you calculate how much you can borrow and provide