Have you launched a new company in the last few months? Are you at a stage where you’ve begun to generate profits, but now you need to refine your processes to increase those margins as much as possible? Then you’ve come to the right place this morning.
Running a remote business has many advantages and several challenges. Perhaps you’ve had to go-remote due to the pandemic? Maybe you were already rocking the digital nomad lifestyle? Either way, to remain successful and grow your company, you need to invest time choosing the right strategies and tools.
In the entrepreneurial world, the 80/20 rule – also known as Pareto’s principle – is one of the most popular and often-talked-about bits of advice frequently given to people interested in creating their own start-ups.
When you’re starting a new business, the excitement is often palpable. You make sure all of your bases are covered. You leave no stone unturned. You want everything to be as efficient and organized as possible so you can hit the ground running and make your way down a
Time is the most valuable resource at any company’s disposal, regardless of the industry or size of the operation. Moreover, the commercial fallout of the Covid-19 pandemic means that the pressure to get this right is now greater than ever. Your first challenge as a business owner is to
It’s tempting, as a business owner to try and do every job yourself. From payroll to marketing, or making your own cup of coffee (okay, you should do that), doing everything is ingrained in your psyche. But, trying to do everything comes with a wide range of risks. Failing
The coronavirus has likely made some huge changes to how you run your business. It has blazed through the national and global economy, decimating company profit margins, hobbling the value of currencies and causing record numbers of workers to file for unemployment benefits.
Every small business owner is likely to have to take on staff at some point or another. This, of course, is a positive thing, as it shows that your business is expanding, and the more your business expands, the more profit you are likely to be generating. However, taking
Employees are vital to the survival of your business. Usually, you rely on them to turn your visions into reality to make money, but this is an unpredictable time when everyone is in damage control mode.
If the phone is constantly ringing, it’s usually a sign that business is doing well. However, answering the phone can start to become a nuisance if you’re continuously being disrupted from other tasks.