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A small business is a work in progress. You have to keep building up and up, until one day you have a small team of people working for you, and you suddenly realise that you’re a small business no more! But for a small business to be able to get to the point where it can drop that small business title, there are a few things that have to be done. One of them is outsourcing. Although this might be harder for a small business with a bank account that…
It’s a pretty well-established fact that running a business is pretty complicated. The sheer number of different elements that make up a successful business can actually be pretty overwhelming. In fact, one of the most frequent reasons that many potential business owners either never actually try or fall at the first hurdle is because of how overwhelming it can all seem. This is especially true if you’re the business owner and it feels as though the responsibility for managing everything falls directly on your shoulders. Well, fear not! There are…
Rolling out the welcome at for new customers is a staple when a new store opens. When the time comes to open your store, you need to take a step back and look at whether you have done enough for the exterior of your business. When it came to choosing the inside, it’s likely you’ve spent a lot of time making sure that the internal look of your company is as professional, well-decorated and alluring as possible so that people will want to buy your products. But if you’ve done…
Creating the right policies, procedures and practices in HR takes a lot of time and thought. It’s something that you need to keep up to date as the law changes and times change too. As employees start to want different things and behave differently, you need to pay attention to how to get the best from them. Staying in touch with what’s important and what the best practices are is essential, but what if you don’t know where to look to find out what you should be doing? There are…
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…
Running a small business can come with loads of challenges which you don’t expect, all working together to make your life as hard as possible. No matter how much work you do, it will always feel as though you have more on your plate, and this is something which a lot of companies never manage to overcome. To help you out with this, this post will be exploring a different side of this coin, giving you the chance to start taking advantage of the industry you’re a part of, all…
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…
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…
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…
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…