Navigating Business Trends in 2024: A Guide for Small Businesses As 2024 progresses, the landscape for small businesses is laden with both formidable challenges and unprecedented opportunities. This article by Salesforce references a survey conducted by Slack that sheds light on the concerns of small business owners, with a…
Imagine you’re standing at the starting line of a marathon. You’ve trained hard, you’re feeling confident, and the finish line is within sight. But as the starting gun fires, a sudden wave of doubts washes over you. Can you really do this? Are you strong…
Building financial resilience in a tough economy While the Bank of England may have recently held interest rates steady after 14 consecutive increases, they are still the highest they have been in 15 years, and the negative impact of the cost-of-living crisis continues. It’s safe…
If you don’t know where you are going, what do you focus on? Do you take enough time to focus on your destination, the things that are going to positively drive your behaviour, decisions and outputs in a way that helps your business to beat…
What makes you unique? Your USP is what sets your business apart from your competitors and communicates to potential customers why they should choose your products or services over others in the market. By identifying and articulating your USP effectively, you can create a powerful…
Do you know when do you start to make money in your business? Your breakeven point is the point where the cost of producing a product or service equals the revenue generated by the sales of that product or service. In a nutshell, it tells…
Creating value for your clients Being in business can be tough and no more so than in this challenging economic climate. Often, it is just simply not enough to offer great customer service. Customers are looking for more for their money every day. They are…
Making sense of the numbers in your business Understanding the numbers in your business can be challenging for most business owners (unless they are accountants, of course!). But you don’t have be overwhelmed by it all, all you need is to understand a few of…
Creating Raving Fans Raving fans are customers who are so over the moon with your business and the service you provide that they will not only tell all their friends and colleagues about you but, actually bring them to you and help you make sales…
Top 3 ways to find customers Relying on too few customers can leave you vulnerable – losing just one could mean a cash flow crisis. But by consistently making an effort to bring in new business, you’ll reduce your risk of failure and grow your…
Managing the cash flow gap Just as a cash flow budget offers insight into the money coming into and out of your business on a weekly or monthly basis, it can also predict your business’s cash flow gaps, those times when there is not enough…
Discover Sarah’s Transformation: From Overworked Business Owner to Success Story Are you a passionate small business owner like Sarah? Are you burning the midnight oil, trying to do it all alone? It’s time to learn from Sarah’s experience and optimise your business for success. Sarah’s…
