Setting goals is an important part of any business but are especially important for a small business. So if you have a small business and looking to set goals for your own, here are a few tips. Break Down Your Goals Businesses often opt for lots of long-term goals, which are great but there’s nothing short-term to help motivate a business. Long-term requires a lot of time and effort, so the time it’ll take to see the payoff isn’t going to be anytime soon. So that’s why it’s important to…
Category: Entrepreneurship
Advice On Protecting A Small Business
Running a small business can have its challenges and protecting it from anything that can ruin all your hard work can sometimes be tough. So going forward, what advice can be given to protect your small business? Legal And Insurance Protection You want to make sure you have the right legal protection, so if you had to deal with a union arbitration process, you’d have the right support you need. Having legal support is crucial no matter how big your business maybe but you should certainly have it when your…
Don’t Fear Progess, Utilize It!
You might have noticed in the news or online small companies complaining about how big websites like Amazon have obliterated their chance at making profits. One of the issues with sites like this is that they sell EVERYTHING. That means regardless of what your business offers to customers, you are going to be in competition with companies like this. You’ll have to compete on the same level of pricing or, you’ll have to provide a USP that means you stand out over what they can offer. This is just one…
Building Your Offices On The Cheap
When it comes time to build a new office, one of the main things that you want to be sure of is that you are only spending what you absolutely have to spend to make the project work out well. Whether you are just starting up a new business, or seeking to expand a current one, there is no doubt that building a new office is a huge project, and one which is generally going to cost you a lot of money. It gets without saying too that you will…
3 Business Tasks You Should Outsource
Small businesses have one important thing in common: they need to save as much as their resources as possible. It’s not to say that this isn’t just as important for larger businesses, though, but the startups have so many competitors they’re up against and way too many uncertainties – they simply can’t afford to splurge. Luckily, there are a few tried-and-tested methods of saving a bit more money during the early phases in order to give yourself a running change. Here is a handful of the processes you might want…
How Much Information Should You Give For Free In Your Business?
If you’re just starting your online business or have been working as a Tech Entrepreneur for a while, this might be one of the things you struggle with most – and it’s really not surprising. There’s clearly a divide in opinion on this matter, so it’s likely that you’ll have heard strong arguments for both sides of the freebie issue. On the one side, you have a lot of people saying “give, give, give as much as you can.” “Give all your best stuff away.” “It’s not possible to give…
4 Things That Can Ruin Productivity
You should be doing things to ensure that you have all the ingredients for long-term, company-wide productivity at your business. But while this is a good initiative to enact, it’s worthwhile remembering that while the larger policies will help you to have a higher output, much productivity that’s lost has to do with small errors made during each day. When it comes to getting as much done as possible, you need to have your eyes on here and now, not the long-term! Below, we take a look at four things…
How To Start Your Own Business When You’re Strapped For Cash
One of the biggest problems that many budding entrepreneurs face is not having the cash to inject into their business idea, and this can either lead to a business failing quickly, or not launching in the first place. So how can you start your own business when you haven’t got any money to invest into it in the first place? Luckily, there are some easy and smart ways of doing this, so take a look at how you can start your own business when you’re strapped for cash. Ask family…
Taking The Time-Wasters Out Of Your Business
When you’re paying people to work for you, you will often be giving them a salary based on the amount of time they spend with you each day. If they work longer hours, they will have to be paid more, but a lot of places make it extremely difficult to pay people less when they aren’t putting in the time. Of course, people aren’t the only time-wasters in your business, though, and this means you have some work to do to clean up the areas which could be costing you…
4 Reasons You Need To Focus On The Value Of Your Product/Service
Every business will offer either a product or service for people to buy. One of the most crucial things to focus on is the value that your product/service provides. What does this mean? In essence, it refers to the quality of your offering and how much it benefits the people buying it. So, if you provide an excellent value service, then people will get a lot out of it, and it will be well worth the money. Following on from this, here are a few reasons you really need to…