Your 20s are an opportunity to take risks, strive for self-fulfilment and make your fortune with one simple business concept. Yeah, right!
Thinking about taking on a business partner? Here’s a list of issues to be aware of.
Are you looking at the right numbers in your business? Don’t overlook the inflation rate of when reviewing your business performance.
A business plan is the strategy around which you can determine the whole process, identify gaps, address them and put contingency plans in place. It helps you set deadlines, track progress, shift priorities, allow for contingencies and save yourself from looking a fool in front of customers, financiers and staff.
A business plan should be a one-page summary of your operation, visible to all and reviewed at least monthly. Here’s some tips for getting it right.
I have always tried to learn from others who have been in business much longer than me and take on their advice. Here are a few I wish I learned sooner.
With most small businesses there comes a time when you need to trust someone else to perform tasks you have managed yourself until now, and they are often crucial to your business success or service offering to your customers.
I benefit from being in a small business networking group made up of mostly service-orientated businesses. It has become very clear which ones work like a well-oiled machine and which are struggling. It’s difficult to identify what led to those outcomes,
So you have managed your money well most of your life and without the help of anyone else. You have your pride and don’t want to seem needy, but you wonder if you could use help managing your finances. What are the signs, and what should you do about them? 1. You have credit card […]