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Tag Archives: Running your business

The No 1 thing business owners would hate you to know!

Want to know one of the biggest issues which many small businesses are dealing with right now? The answer may surprise you, as it’s something that’s rarely talked about. It’s like a shameful secret that lots of business owners are hiding away because they’re worried people will think they’re not running their business effectively. The unspoken shame is OUTSTANDING INVOICES Having done the work, you’ve not been paid, and it’s now starting to feel really uncomfortable. What should you do next? Cashflow is most definitely king in your business, and …

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Get your business fit!

With September now fully upon us, most business minds are focused on the Autumn ahead. What’s more, over the summer we’ve been hearing more positive economic forecasts emerging and many business owners are wondering how to take advantage of the possible upturn. If there is going to be a more bountiful autumn in 2013, what can businesses do to make the most of it? 1. Toughen key client defences It’s often the case that a small number of key client accounts bring in the bulk of a business’s revenue. When …

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Delegate: A Small Business Owner Doesn’t Have to Do It All

The majority of small business owners tend to be running the entire company themselves – whether they have employees or not. Why would you choose to run the show yourself? The common excuses include: –  Not having the time to train someone on the business process –  Not having enough time to explain duties to someone else –  Believing they are the only person that can do the job right –  A fear of losing control of the business Though many small business owners use these as their justification for …

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Are unemployment figures a blip?

Blip

Are you worrying about the recession and the shrinking economy? Is that stopping you from starting or growing your own business? Figures out in August and September said that unemployment had slowed. Is this a blip or explainable? The news reporters are citing the Olympics, Jubilee and double Bank Holidays as a reason not to see the good news.  It has been reported that the growth in employment is actually across the country – not just London-centric. Small businesses adapt faster than big business I believe the growth can be …

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Fifty shades of business success

Wouldn’t it be great if running a business was a black and white affair. One formula, one manual and everyone would succeed. Wouldn’t that make it easier? However, if you’re a go getter and running your own business, juggling a million and one things in your home and social life; it will often feel as if there are fifty shades of grey between the black and the white of that elusive manual. One of the problems is that when it comes to deciding what things you should be doing on a …

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The importance of enjoying the habit

I’ve written a lot about habits — it’s in the title, after all — and after all these years, and after all the questions that people have asked about forming habits, there’s one thing that seems more important than anything else. It’s simply this: enjoy the habit. That might seem obvious to some of you, but you’d be surprised how many people try to force themselves to do things they don’t enjoy. They try to instill “discipline” because they think it’ll make them a better person or give them a …

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