Running a business is often more than simply crunching numbers or turning a profit. Running a business requires a wide variety of skills that cannot be learnt from books or articles, and will rarely be learnt from experience alone. At least, experience will not teach as quickly as Holden Associates would, and in the [...]
It is unbelievable…..but yet another year has passed by. Naturally it is the time of year when thoughts turn to the future. Aspirations and wishes of many a business owner will naturally centre on their business and where they would like it to be in 2011. The following tips are meant help your business get [...]
Christmas is around the corner, whilst the retail and hospitality sectors gear up for a busy period, other businesses are slowing down and beginning their end of year wind down. This period of relative calm is a good opportunity to reflect on the year that has nearly passed. It is also a good time to [...]
A group of city financiers plan to launch a new bank that will lend solely to small businesses. The new bank will be called The British Enterprise Bank (BEB), it will take deposits from the public but will only lend to small and medium-sized firms. The team of bankers are to begin an eight-week £100m [...]
It cannot be stressed enough how important it is for every business to have a ‘vision’ of what it is that they are trying to achieve. That is having a clear picture of what the deliverables of your business will be in years 1, 3, 5, 10 and so on. Breaking your vision down into [...]
Shopping is an everyday activity which most people have experienced at some point in their lives. It is not uncommon for business people to shop for the business in the same way that they would shop for themselves. There are people who will only buy brand name items, there are others who will spend hours [...]
The Dragon’s Den television programme is based on business people pitching to the five would be investors for capital for their business. The added bonus is the network connections and the business know how that these investors bring to the table. Pitching for an investment should be a fairly straight forward process. Yet time and [...]
Before the recession it was not uncommon to hear individuals talking about their desire to run their own business. Or alternatively about an idea which they believed would earn them lots of money and make them rich. Having a good 9 to 5 job no longer seemed like the ideal aspiration. It really looked as [...]
At times it may well seem like running a business is a 24-7 occupation. In that there are always numerous tasks to be done. However, one area of your business that may need additional attention is the customer retention side. Simply hoping that your customers will remain loyal to you……..is not a strategy. Having a [...]
There have been many recent reports in the media about different employers that are considering the option of downsizing their business in order to secure the long term viability of the business. The process of downsizing a business normally focuses on the legal, economical and financial aspects of the business. It is bad enough to [...]
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