Business strategy describes some important concepts and actions that all small businesses should be aware of. This blog post will help you to cut through the jargon and get to the facts.
The time may come when you think about hiring employees. Our Small Business Guide to Hiring Employees lists some key points that we look for to decide if it’s the right time to hire.
Why should anyone invest time, money and expertise in growing a business? What does investment actually mean? How is it connected to business growth? And importantly, when should you NOT try to [...]
Brexit events are changing by day. To make this article as useful as possible we will cover some general principles for running small businesses in challenging conditions, as well as offering a [...]
It almost goes without saying that a “successful business” will mean different things to different people. That said, we think there is some common ground that most of us can agree on, which [...]
The start of a new year is, for many, a period of setting new goals and planning for the future. Alongside making resolutions in our personal lives, it’s a time to reassess professional [...]
You might have heard the old saying, “turnover is vanity, profit is sanity.” But what does this mean, and why is it important? And why is a profit margin especially important when trying to grow [...]
Even the best businesses in the world lose customers. What is important for business growth is that losses are minimised, and that in the long-run more customers are joining than leaving. This is [...]
When it comes to increasing turnover in your business, we suggest that there are four main levers you can pull in order to grow your business effectively. These are:
From Comet to Carillion, history is littered with high profile business failures – both large and small. What do most of these cases have in common? Cash – or more specifically, a lack of it.
Not every sale is a success, and finding your motivation for sales may be a struggle. Read our top tips to staying positive to reach that sales success!
If you want to improve bottom line business performance it isn’t always easy to know where to start. This simple rule of thumb can guide your thinking and help to boost profits.
Employee productivity measures output per worker over time and is an important factor in determining the potential of your business to grow. It is a complex challenge requiring solid HR practices.
Assuming it’s a matter of ‘when’ rather than ‘if’ you have to deal with the customer from Hell, then here are some tips to help you better handle the situation and to minimise your exposure.
For many small business owners, business planning is something that they feel they ought to do, but rarely find the time. Here’s a reminder of why you should try to find the time to do some planning.
In many industries, prospects use the internet to search for products and services. Being visible to online prospects costs money. The question is how much should you spend, if anything?
