Tag Archive for Business Management

Top ten tips for scaling your business quickly

Everyone who starts a business has at least one thing in common; they want it to scale and they want scaling to happen quickly. There’s absolutely no shame in that; after all, the main motivation for starting a business is usually to make money, exit/sell or to create something that becomes really well known and popular.
The post Top ten tips for scaling your business quickly by James Hind appeared first on Small Business.

Read more...

How a small business can pass the first hundred days test

The feud for the oval office will imminently reach its climax as the US presidential election becomes a two horse race. Tension and tantrums are guaranteed as American citizens choose the next resident of the White House. And looking ahead to 2017, eyes will be upon the new President, Clinton or Trump, to begin delivering
The post How a small business can pass the first hundred days test by Ben Lobel appeared first on Small Business.

Read more...

Why sharing financial information with employees pays dividends

In today’s challenging landscape of staff shortages and skills gaps, companies across wide-ranging sectors are competing for both clients and high-calibre staff, and sharing financial information may be a way of attracting the best. With many employees conscious of their value as a marketable commodity, sharing details of a business’ performance can be instrumental in
The post Why sharing financial information with employees pays dividends by Ben Lobel appeared first on Small Business.

Read more...

Five ways business skills can transfer into everyday life

In today’s day and age, more and more people are realising that the acquisition of valuable business skills can seriously help them in the world of work. Certainly, building a skill set of important business skills such as time management and conflict resolution can make your work day more productive and aid you in gaining
The post Five ways business skills can transfer into everyday life by Ben Lobel appeared first on Small Business.

Read more...

Five things to consider measuring in your small business

When you’re running your own small business it can sometimes be a challenge just staying on top of your everyday work, let alone managing all the things you need to do behind the scenes.
But if you can dedicate some time to measuring a few important pieces of admin in your business, you may find that you’re likely to work more effectively and give your business the best opportunity to grow.
How you’re spending your time
If you bill clients by an hourly or daily rate, you’re probably already tracking your time to ensure you charge for all of the work that you do. But monitoring your time is still a very useful habit to get into even if you don’t bill this way.
By identifying how much time you actually spend on working for clients compared to managing your daily business admin, you’ll be able to see how profitable your business really is and which clients are potentially costing you money.
If you track admin time, and other unbillable time, you’ll also be able to see exactly how much time you’re spending on your business that you can’t charge for. It may well be more than you think!
And if your business offers a range

Read more...