Small Business Success
How to build and manage a team effectively: The small business owner’s handbook
What’s the secret to building a successful small business? Of course, there’s no universally acceptable answer to that question. But, ask any SMB owner, and they’ll tell you how their team members are their most valuable assets. Case in point: Employees who are energised and excited about their work are 31 percent more likely to […]
Continue ReadingThe SMB Owner’s Guide to Navigating Sales During Economic Uncertainty
Today’s CEOs believe there’s a 24 percent likelihood that their companies will be exposed to macroeconomic volatility in the next 12 months. Business leaders also believe that there’s a 24 percent chance inflation will be a key threat to their companies during the same period. An economic downturn has been a looming threat for businesses […]
Continue ReadingMoving Beyond Excel or Notes: Essential Tips for Streamlining SMB Operations
When you started your business, you only had a handful of customers. It made sense to store and manage their details in an Excel spreadsheet. But as your company grew, so did your customer base. Today, you or your sales reps have to scroll through hundreds (if not thousands) of rows in a spreadsheet to […]
Continue Reading8 smart tactics to find and close new clients for your SMB
What’s the biggest challenge you’ve faced as an SMB business owner? It could be finding skilled and passionate professionals for your company or ensuring regular cash flow with limited funds. But the single greatest challenge that can stifle your SMB or startup is getting clients. Unlike established global corporations, you may not be able to […]
Continue ReadingA Guide to Building a Referral Network for Your SMB
Every business, big or small, needs a steady influx of new customers. Building trust, as well as building relationships, is crucial to establishing brand awareness and authority to keep your business top of mind and generate more revenue. However, most small and midsize businesses can’t afford expensive advertising campaigns to attract potential clients. Wouldn’t […]
Continue ReadingHow to optimise billable utilisation in your SMB
As a business owner, you already operate on tight margins and limited resources. So, it’s vital to optimise your existing resources and maximise profits by cutting losses and inefficiencies. This is where calculating, tracking, and improving your billable utilisation comes in. If you’re not familiar with this term, it’s simply a measure of how much […]
Continue Reading6 tips for managing rapid business growth and expansion
In increasingly competitive market conditions, focusing on growth is the only way small businesses can survive and thrive in the long run. However, growing a business with limited resources comes with several challenges. When you grow your team, acquire new assets, or invest in better tools and systems, you can face business challenges like reduced […]
Continue Reading6 Steps for scaling a small business to enter new markets
It’s finally happened. Your business has been on a steady upward climb, and you’ve reached the revenue targets for the year. And your brand image is starting to gain traction. But what’s next? Scaling your small business to the next level and taking over new markets. But before you set out to scale your business, […]
Continue ReadingHelpful sales, marketing, and customer experience hacks for today’s entrepreneurs
Did you know 758, 168 new businesses were formed in the UK in 2021-2022? This means your small business will likely face stiff competition. How do you overcome it? Better customer experience (CX). A top-notch purchase experience helps you build a strong customer base or community of loyal customers who will make repeat purchases. It […]
Continue Reading6 Networking tips for entrepreneurs to build profitable relationships
Whether you’re trying to raise funds for your startup, partner with established companies, or find mentors, knowing the right people will make your job much easier. This is why a recent survey reported that 78% of entrepreneurs consider networking a deciding factor in their startup’s success. Networking with industry peers, investors, and successful business owners […]
Continue ReadingThinking about starting your own business? Here’s what to know
Few things are as exhilarating as starting a new business. Whether you want to diversify your income with a side hustle or leave a lasting impact, starting your own business is an enticing path forward. But before you take the self-employment plunge, it’s important to note that an entrepreneur’s life can be filled with challenges […]
Continue ReadingAn Entrepreneur’s Guide to Work-life Balance
Can you achieve work-life balance as a business owner? Or are stress and burnout ingrained in the entrepreneurial lifestyle and the price you must pay to own your own business? There’s no definite answer to these questions. In fact, there’s no ideal way to define work-life balance because it works differently for everyone. But […]
Continue ReadingHow to Implement Sustainable Practices and Reduce Waste in Your Business
Over a decade ago, climate change was not a mainstream concern for businesses worldwide, but fast forward to today, and we see a starkly different picture. With consumers becoming more mindful of how their choices impact the planet, business owners are making significant strides in embracing social responsibility and sustainability. But what does this mean […]
Continue ReadingThe Benefits of Going Green for Your Small Businesses
Are you on the fence about changing your business practices to reduce your small business‘s environmental impact, win over more customers, or even get them to pay more for your products? If so, you’re not the only business owner adopting eco-friendly business practices. Starbucks aims to cut its carbon, water, and waste footprint in half […]
Continue ReadingHow to develop a small business sustainability plan
The year 2022 was among the warmest years on record since 1880, with temperatures reaching an average of 0.86°C (1.55°F) above the norm for the 20th century. The reason? Human civilisation’s continuous pursuit of growth. And it’s for this reason that you need to start thinking of sustainability, especially as a small business owner pursuing […]
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