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The Best Invoicing Practices Every Small Business Should Follow
We all love getting paid quickly, and the best way to make this happen is to manage your invoices well. A report by Entrepreneur found that UK-based small businesses have an average of £84,000 tied up in unpaid invoices at any given time, which is bad news for cash...
The 6 Most Important Numbers You Need to Know to Grow Your Small Business
In order to grow your business, you need to understand how you’re faring. Financial numbers provide you with an accurate picture of your performance, but as a busy business owner it’s unlikely that you have the time or the inclination to spend hours pouring over...
Six Steps for Creating an Effective Business Budget
Every business owner must know where the money in their company comes from and where it goes. That’s why financial management is one of the most important things to keep in mind. What is a business budget? Simply put, it's a financial plan that gives a company...
Making More Profit From Your Client – The Five Techniques You Can Try
Maintaining a productive relationship with your customers can go a long way in boosting your profit. Updating your offer will significantly contribute to that goal. After its initial success, your business can take steps to drive more sales and attract new customers....
Overcoming Imposter Syndrome – Five Tips for Dealing With an Issue That Hits All Entrepreneurs
Is your lack of confidence starting to affect the business? It’s possible to shed imposter syndrome and prevent it from reoccurring. Imposter syndrome, unbeknownst to many, is a common condition found in high achievers, including the creative types, entrepreneurs, and...
How to Choose the Right Virtual Bookkeeper for Your Small Business
Most small business owners are familiar with the idea of a traditional on-site bookkeeper, but could your business benefit from hiring a virtual one instead? There are many benefits to hiring a virtual bookkeeper, since you will receive all of the same services but...
How to Spend a Marketing Budget Wisely in 2023
Marketing budgets are on the rise, and for good reason. Research by the CMO Council found that 65% of marketers plan to increase their budgets in 2023, but how do you know which channels or tactics will work best for your business? To help answer that question we've...
How an Accountant Can Help Your Small Business to Succeed
They say that behind every good business is a great accountant, and it’s true! A great accountant does far more than save you money on your tax return - although that certainly is an attractive benefit. Hiring a great accountant isn’t just about remaining compliant;...
Do You Have a Good Product – The Four Things To Check Before Launching a New Business Around Your Idea
Making your business idea a reality can be stressful, as there are numerous considerations around it. Here's what you need to be aware of before your business can take off. If you're on the brink of starting a new business, you probably know how hectic the whole...
Creating a New Process – The Seven Steps to Follow for Documenting Your Process
New processes that aren't yet proven within a company need to be handled with care. Documenting them is the best way to keep track of aspects that work right and those that don't. Process documentation can help you understand the effectiveness and if your processes...
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