The stresses of jointly running an SME can strain most interpersonal business relationships, sometimes to the point where co-founders believe they can’t continue. Fortunately, an equitable solution may not be out of reach, writes Mark Phillips.
Not only does a solid succession plan improve your company’s value, it also provides something every good business manger strives for: your employees’ peace of mind.
Startup founders and small business owners are often quite passionate about their businesses, and while passion is an important part of building a business, it can sometimes lead to lack of clarity and can impact effective decision making. That’s where advisory boards come in.
De-cluttering isn’t only for shelves and sock drawers – the Marie Kondo magic works for marketing plans, too.
Four-day weekends, public holidays, restricted shop trading days, leave entitlements, days in lieu… Easter can feel like the perfect storm for small businesses or those taking on payroll alone.
Using LinkedIn to recruit employees for your small business is a no-brainer but getting started may be daunting for the uninitiated. Here’s how to put your best foot forward the first time.
It happens to everyone; you start a solid business and initially growth is solid. But after that first rush things begin to slow down. How you react to a slow down in business growth may determine your long term viability.
A common fear among business owners is the thought of an idea being copied and claimed by someone else. Question is, how do you protect something as abstract as an idea?