Once upon a time, having a mobile phone (or even a car phone) was a surefire sign that you were a city slicker, hotshot business person or just a general mover and shaker in your game. People would look at you strolling down the street with a mobile work phone and think, “damn, that person is so important he needs to be contactable at all times.” It was the latest tech that every business exec wanted.   But fast-forward to the here and now and mobile technology is a necessity. It’s … [Read more...]

Borrowing money is one of those things that’s often necessary, even if you wish it wasn’t. Therefore, you shouldn’t feel bad about borrowing money as long as it’s something that you approach in the right kind of way. Many people land themselves in trouble after borrowing money in an incorrect and misguided kind of way. A little more care and attention can always avert these kinds of problems though, and that’s what you should be aiming for.   There are some things in particular that … [Read more...]

When you're searching online for advice about the finances of small businesses, you’ll see the term cash flow pop up a lot. The biggest killer of new businesses is cash flow problems; if you spend all of your cash before you start bringing in enough revenue to cover your running costs, you’ll fold. That means you need to build up enough cash before you start the company. Part of that will come from investors but you need to show that you’re serious about the business by risking some of your own … [Read more...]

When you’re running a business, you do need to make sure that you keep the people and the various sections of your company connected. It’s crucial that you do this to ensure high levels of efficiency which in turn will guarantee that your company is providing a fast and effective service on the market. But, how do you actually ensure great levels of connection? Well, we’ve got a few possibilities that we think you should consider and incorporate into your business.   Instant And … [Read more...]

It’s a fine line with which many small businesses struggle. How do you keep a tight rein on overheads to ensure that they don’t spiral out of control while also ensuring that you invest enough in your business to maximise productivity and facilitate long term sustainable growth? No entrepreneur wants to compromise their delicate profit margins by recklessly spending, yet the savvy small business person knows that under investing in their business can be every bit as crippling as unchecked … [Read more...]

It’s safe to say that we all want to enjoy a prosperous financial future. No matter what level of wealth you’re aspiring too, you can make it happen. Whether you want to live humbly or abundantly, you can. You just have to make that choice. You have to decide that you are going to enjoy a better financial future. But not only that, you have to know how to make it happen. Committing to it is always the first step, and then you need a plan. You need to know exactly what you’re going to do to make … [Read more...]

You have had a weird complex about money for as long as you can remember. Even when you were younger you would count your pocket money religiously and make sure you only spent it when you absolutely had too. You know that you should save for emergencies but it is often easier than it sounds. The cost of living nowadays is extortionate and you would feel very lucky if you managed to put away anything from your paycheck each month. You want your financial future to be bright, so you want to take … [Read more...]

No matter what type of business you run, the people that work for you are undoubtedly the most important asset. After all, their efforts determine the success of your company. This highlights why it is so important to have an effective recruitment process in place. If you keep hiring the wrong people or you are about to start looking for someone for an important vacancy, read on to discover the different ways you can improve your recruitment process. Make sure the job description is clear, … [Read more...]

It can be hard to succeed in the medical industry. You want to make big improvements that progress your business forwards, and you want to beat the competition. However, at the same time, you have a duty to your clients or the patients who end up with the goods you sell to your clients. It’s important to only make improvements if they benefit the customer, rather than simply making improvements to your business model for the sake of profit. Here’s how you could create a better medical business … [Read more...]

With the help of modern tech, businesses have changed in a very real way. Consider telecommuting as an example. Ten years ago, only the invaluable members of the firm would have been allowed the privilege. Why? It’s because companies didn’t trust their staff or see the benefits of home-based work.   Today, the stats are in and the figures are rising through the roof.   The cynical among you will notice one problem: productivity. Trusting workers is one thing, but measuring … [Read more...]