Costs come in a number of forms. The obvious is financial, another is time and the third is the well being of the business owner and the business.

Liquidity

The concept of liquidity is reasonably simple; do you have enough cash or readily available funds to pay your outstanding debts?

Business Growth

All businesses start out offering a product and service that a customer will want to buy. Once the first Invoice has been dispatched, what then? All businesses want to continue to sell their wares and they want to sell these wares with a margin so that the business can continue to survive and grow.

I initially started this blog to recognise the importance of the community that organisations work in and the need for businesses to respect and give back to that community. While this is important and still remains important, this part of the stakeholder equation is now far broader than just the immediate community and the traditional economic role of operating efficiently, offering employment and selling goods or services’.