7 Effective Tactics that Help Me Grow a Big Business
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- čas přidán 11. 07. 2024
- How I Generate INSTANT Cash Flow to Grow My Business:
• How I Generate INSTANT...
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Who am I?
My name is James Sinclair and I'm the founder and CEO of The Partyman Group of Companies. I started building my business when I was just 16 as a family entertainer after that I built up an entertainment agency, then moved into building a leisure and day nursery businesses. Today we operate a £30 million business which includes leisure, childcare, outdoor attractions, commercial property, arts and crafts manufacturing as well as one of the UK’s oldest Ice cream companies; The Rossi Ice Cream Company.
⌚️Timestamps:
00:00 Intro
01:10 Dashboards
02:25 E+M=S
05:05 Audience
06:57 Personal Brand
08:21 Cashflow
10:08 American Express
10:46 Reading
12:10 Slow Pounds
14:36 Bonus
#businessowner #business #entrepreneur
Another great video. I'd like to see a video where you explain how you link your businesses together vertically. That is, how Rossi 'sells' ice cream (and other products) to your visitor attraction businesses. Does Rossi sell at cost to them....or at full market price? What are the tax implications of doing one or the other? Just a thought....
Hi, love your videos. You've said several times in many videos that Accountant's should be concentrating on tax, not information. Have you ever thought about CIMA Accountants? Management accountants, in my experience are the only employee in SMEs with commercial skill. They focus on the efficiency of work (lean, theory of Constraints and 6 sigma). They are the tools that never fail to increase ROI, liquidity and margins.... or do you have a Management team as the holding/parent company, that has these senior employees and NED's?
That costco end was good. Should have been own video just about that
Great stuff as always.
Really good stuff thanks man
Lots of content here @james. .... excellent
Motivation
Hi James, another excellent video as always. Could you maybe give an update about the coffee shop business you bought? I remember you mentioned the KPIs you listed here in that video. I'd be interested to see how you're turning it around to increase revenue there, whether it's with selling ice cream, changing product ranges or offering coffee subscriptions, or what advice you'd offer to other coffee shop owners. When you're operating a small business do you always have an online presence for it or do you ever allow it to trade as brick and mortar retail only? Keep up the splendid work.
Great video
Thank you for all your advice James.
Can you please talk a little on your opinion on how to manage the Financial Credit Score. Do you have that in the UK? We have a very stringent one in Australia that is very disruptive to running a business
Quality video. Dashboards are a necessity.
Absolutely
Great content as always, James. Big fan of your work.
Could you do a video on cash reserves and how much cash in hand a business should keep? As someone who really wants to grow and diversify my business, I feel my obsession with a healthy rainy day fund is restricting our potential. Cheers!
Sean
Tricky for real true entrepreneurs, easier for business people. I have always been of the mindset that in the early years it’s just the impossible dream if you’re growing in a capital intensive business. You burn through profit into growth at a rate of knocks!
I have always put spare cash into slow pounds ( commercial property) so I can borrow off that to grow the business. That takes time but I’ve always scrapped through tough times because of those commercial property assets.
What you want to do it build a company, buy more, build them up, sell create a liquidity day ( by selling a company ) at this point you’ll have plenty of cash.
That above is my opinion for seriously entrepreneurial people and what I do, not for everyone.
You have to make an informed decision around how good you are at generating more cash and how squeaky you want your bum to be!
Hi James, great video as ever.
I wondered if I could interview you for my CZcams channel?
I’m happy to travel to you from Newcastle
Perry
Hi James
I have a dog grooming / doggy daycare business in an industrial unit
I’ve taken a lot of what you have said on board and I’m currently in the process of sweating my asset
I’m renting it out of an evening to dog trainers
I’m running puppy party’s of a weekend and currently starting to run seminars in the space also
I also to daily sales with profit and loss
Thanks again!!
Good luck, sounds quality
When do u get time to sleep 😅
@@bigal2417 Thursdays 9-12 lol
It’s ok
I give the guys a key and leave at 6 and weekends are usually just a Saturday
But it’s gotta be done to make the most of the unit
The UK is a strange place most NHS hospitals have their own army of accounts yet most hospitals are deeply in the red
And a lot of them lease the building - !?!? Nuts
@@seanthegekko7415 correct and the contents in the building.
2nd
Hello James I want to do car park business but don’t know where to start or how to do I try search on Google but haven’t seeing anything helpful have you done anything like that.
Thank you
I think you're going to struggle with that type of business unless you have access to millions of pounds to buy,rent, or lease a big plot of land. Good luck.
nember 1