Where is Your Small Business Falling Short?

April 6, 2020


When you take stock of your small business, do you see any areas where it may be falling short? Some owners fail to take the right steps necessary to bring in enough sales and revenue. Others end up hiring the wrong people and pay for it in more ways than one. Still others do not do enough when it comes to getting the word out about their business.

If one or all these and other things are holding your small business back, what can you do to turn things around? Remember, better to take chances and see some of them not pan out than to stand pat and live to regret it.

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3 Essential Business Decisions You Need to Make Right Now

April 1, 2020


Running a modern business comes with a lot of challenges, and you need to ensure you make the right choices here to help you achieve success. There are plenty of key decisions you are going to need to make for your company this year, and getting these right is something that plays a massive role in helping the business improve. Do what you can to work on the essentials of the company, and try to run it as well as you can.

Do what you can to take the business forward to the next level, and this is something you need to work on. Focus on doing as much as possible to improve the business wherever you possibly can. So, consider what it takes to run the best possible business, and you are going to need to focus on these essential decisions right now.

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2 Common-Sense Tips to Avoid Illness in Your Workplace

March 23, 2020


We all know the name of the virus that is the talk of the world as of late, which means that everybody is in full panic mode right now. Relax, friend. Although the unknown is a little scary, that doesn’t mean that everyone needs to fly into a fit of hysteria. If we each do our part to practice good habits, then we can keep the worst of it at bay.

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4 Important Tips to Build Your Business Credibility

March 21, 2020


In business, it’s important to maintain a strong reputation, one that draws people in with positive expectations about what they’re going to get. Integrity is the fuel to a successful business. You can hardly reach out to the right audience without it.

But what if you’re trying to build a business without any following? Startups certainly face an uphill battle in becoming relevant in their respective niches. With the right strategies, however, they can gain an audience.

Let’s look at a few marketing tools that work really well for any budding business:

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8 Key Components of a Successful Business

March 19, 2020


When it comes to starting a new business there are some startling facts out there. Fortune Magazine claims that 9 out of 10 startups ultimately fail and the US Census Board reports that despite more than 400,000 new businesses being founded each year, 470,000 actually die. With figures like that, you’d be forgiven for believing that getting into business is a near-impossible task, but sometimes the figures can be misleading.

In the above two examples, it is unclear as to what defines the ‘failure’ or ‘death’ of a business and both statistics also neglect to give a time frame. A better statistic to work from would be this, from the Small Business Administration that claims that 50% of businesses fail within their first year of business and of those that remain 66% of them will survive their first two years in business. Suddenly the facts seem more in the entrepreneur’s favor, but what are the key components of starting a successful business? How can you ensure that you end up a part of the favorable 66%? In this article, we’ll take a closer look at 8 of the key components of a successful business.

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Avoid These Common Mistakes When You Have Just Become a New Boss

March 12, 2020


Picture the scene. You’ve taken over an underperforming team and you can quickly see that processes are running completely out of control. Unfortunately, in a bid to bring your team up to speed, this can be a hugely challenging time. It’s never going to result in you becoming Mr. or Mrs. Popular and if you’re not careful, your team may even get worse.

Put simply, managing a new team is difficult. People don’t like change and this is something that you have to take into account.

Bearing this in mind, this article will take a look at some of the most common mistakes that managers of new teams make – and show what you can do to avoid said traps.

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How Can SMB Owners Deal With CCPA?

February 27, 2020


Governments across the world are increasingly finding the need to protect consumer data from misuse by businesses. Have you heard about the California Consumer Privacy Act (CCPA) of 2018?

CCPA is similar to the famous European Union’s GDPR, but there are variations in the definitions and the underlying rules. Let’s get familiar with the CCPA requirements and what it means for your small business.

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3 Good Reasons to Outsource in Your Small Business

February 26, 2020


There is a growing trend in businesses to outsource some functions. There are many reasons outsourcing is an excellent option for many companies, and the advances in technology make it a viable solution.

Many employers originally looked at outsourcing with suspicion. If owners didn’t have control over the individual team members by having them in their office, then how could the quality of work be monitored? There are also occasional reports in the media of companies outsourcing to get very cheap labor, which is unpopular with many customers.

If a company outsources correctly, however, it may not only be cost-effective, but produce better results than having a team of expensive employees on-site.

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4 Ways to Make Your Business More Efficient

February 26, 2020


Large or small, online or on the high street: making the most of your business potential is essential for you to succeed. You’ll always be searching for how you can make improvements to your venture, so you can achieve your goals – or even exceed your expectations.

However, are you as efficient as you could be? You might think what you do is the best way to achieve your ambitions, but it could be that there are processes that could be improved and save time. Here are some of the hints and tips that may help you to have a more efficient business.

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7 Ways to Encourage Overworked Employees to Take Breaks

February 25, 2020


Contrary to what you might assume, productivity isn’t a byproduct of just consistent hard work. It is the culmination of hard work, taking time off, exercising, resting and eating well. If any of those things are omitted from the equation, it would adversely impact employee productivity.

An overworked employee is more likely to make mistakes and develop high levels of stress. Moreover, overworking results in resentment towards coworkers and employers, low morale and dip in productivity.

As an employer, it’s your responsibility to encourage employees to take time off, reset and resume work with a fresh mind. In this post, we’re sharing the best ways to urge employees to take breaks.

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