As every successful entrepreneur knows, the efficiency of the processes in a business can mean the difference between a smooth-running, profitable organisation and an unpredictable and cash-hungry monster that eats money and time and still leaves the customer unsatisfied.
Continue reading What are the Key Steps to Improving Business Processes (and how to implement them)?
The workplace environment and atmosphere projected and nurtured by your organisation can have a massive impact on the productivity and well-being of your employees.
Continue reading 7 Excellent Ways to Help Boost Staff Morale
Bookkeeping is one area of business that inspires dread in the hearts of many business owners, large and small. Unfortunately, it is a legal requirement to keep financial records going back six years, with potential fines from HMRC if you fail to comply with any record requests.
Continue reading Bookkeeping Basics Every Small Business Owner Should Know
The world of business is an extremely fast-paced environment, constantly changing. Many jobs that are commonplace today simply didn’t exist 20 years ago. Different industries and companies can have entirely different cultures and working environments. A business mentoring programme can help pass on the skills and experience that would otherwise take a lot of time – and many failures, as part of the learning experience – for new recruits to attain.
Continue reading The Benefits of Business Mentoring in Your Search for Success
Organising your small business doesn’t have to be overwhelming. There are some simple ways to optimise your business practices that will not only keep you better prepared for the year ahead, but also improve productivity and profits.
Continue reading 5 Great Ways to Keep Your Business Organised this Year
Starting a business involves investing a lot of time, money and labour to get your idea off the ground. Sensible entrepreneurs also heavily research every angle of their new operation, seeking knowledge and experience from advisors, mentors and books. But now you’ve survived the initial hard times and find yourself sitting at the top of a successful business. Everything looks great, but you find yourself asking: what now?
Continue reading 5 Excellent Ideas to Keep Your Business Moving Forward this Year
Many small-business owners become obsessed by their company’s turnover. But what really matters is a company’s profits.
Continue reading 5 Top Tips to Increase Your Profit Margins This Year
The mantra of Dragons’ Den is that “turnover is vanity and profit is sanity”. As trite and vaguely annoying as this maxim has grown to be through a decade or so of over-use, it does convey an important truth: the health and sustainability of your business will depend on your constantly looking at your profit margins and thinking up ways to improve them. There are, of course, too many uncertainties and variables in commerce for there to be a magic formula for increasing margins. But there are several exercise you can usefully undertake.
It would be hard to find a business today in which technology is not vital. From a sole trader working at home to any larger and more complex company, IT will be at the heart of their operations. But is technology helping or hindering your business? By outsourcing your IT support you can rest assured your business technology is being looked after, leaving you free to focus on your core business.
Continue reading Benefits of IT Support for Small Businesses
For any small business, networking has become an essential and extremely valuable thing, and the return on investment extends far beyond that of monetary reward. Therefore, it is an important skill to work on.
Continue reading Why Networking is an Essential Skill for Business Success
