Bloomsford Entrepreneurship Academy

Bloomsford Academy

Bloomsford Entrepreneurship Academy is vocational institutions and skill acquisition learning

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April 11, 2016

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How To Establish An Entrepreneurial Edge After The Great Shutdown - Bloomsford Entrepreneurs Digest

June 11, 2020

Entrepreneurs are constantly seeking an edge or an advantage. In fact, most entrepreneurs are wired to look at the world from an opportunist’s perspective and are regularly working an angle, an approach, or a way of attacking a business opportunity that others have missed or have left exposed. Business consultants get paid big bucks to help organizations identify, create and maintain a ‘competitive advantage’. A competitive advantage is the million-dollar term business textbooks use to describe an entrepreneurial edge. A competitive advantage is defined as the ability of an organization to provide its products or services with either: 1) a higher value to their customers than a competitor but at a similar cost; or, 2) the same value but at a lower cost. A competitive advantage that is sustained should provide a business with the ability to realize consistently higher profits than its competitors. Higher profits, the goal of many organizations and entrepreneurs (and the successful compe...

5 Cash Flow Traps That Almost Ruined My Business and How You Can Avoid Them -Bloomsford Entrepreneurship Academy

May 23, 2020

If you want to be self-employed, don’t make the mistakes I made starting out in business S everal years ago when I started a business with my business partner, we faced a number of cash flow challenges as we did not pay close attention to these 5 key drivers of poor cash flow. “ Never take your eyes off the cash flow because it’s the lifeblood of business.” — Sir Richard Branson If you run a business you will agree that cash is critical to keeping your doors open. As they often say, cash is king! Here are the 5 key insights I learned from my experience dealing with cash flow issues and under capitalization of the business very early on. 1. Low gross margin Following a close analysis of our margins, we realized that the low margins on our sales was a critical contributor to lack of sufficient cash flow in the business. This was primarily due to the low fees we charged early on in the business. In our attempt to quickly acquire clients, we went low on f...

Dont limit Your Challages, Challange Your Limits! - Sandy Bloomsford

May 26, 2020

MOTIVATION/ COACHING Knowing who you are is the basis for success! Knowing and identifying your talents and skills is vital for your success. Also knowing yourself, the things you enjoy or don’t will be a decisive factor. We created a process using a variety of personal and business assessment tools to help you discover your own identity and understand what works for you and what doesn’t. This knowledge forms the base of your success, allowing you to develop in the right direction and to have a starting point to build on. You create a personalised strategy of what to do, and when to do it, that’s natural for you. It allows you to get in sync with yourself, the cycle of your team, business and industry. It allows you to follow the right role models and create the right personal and business connections. Once you understand yourself and your abilities better, many things you find difficult today become so much easier, because you understand the why. You learn to expr...

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