Today’s businesses face incredible competition that make it crucial for them to improve operational efficiency as much as possible. Wanting to improve efficiency and actually taking steps to do so, however, are two very different things. If you’re serious about making your business more competitive, consider how these five ways to improve operational efficiency could…
When you hire a virtual assistant or a team of virtual assistants, their sole job is to free up your valuable time so you can spend it forging new relationships, striking new lucrative deals and in general: work on the things that are going to expand your business, instead of the menial day-to-day functions that…
How Leadership Begins Whether you’re growing your own small business or working to advance your career in a larger company, developing good leadership qualities will be key to your success. That leadership journey often begins by establishing good relationships—even friendships—with your coworkers. By doing that, you increase your job enjoyment and desire for a leadership…
Starting any new venture is exciting, and it’s easy to get carried away with the romance of it, neglecting the nitty gritty. Storage falls into that category, since it’s much more exciting to take the long view and see the end of the journey than plan the small details of how you’ll get there. These…
The sharing economy has proved to be a lucrative venture for startups with imaginative twists on stale industries. With recent talk of companies participating in the UK sharing economy making annual revenues of around £9bn by 2025, there will be plenty looking for a slice of the pie. But as startups start to flood various…
More businesses are crossing cultural boundaries (and thus language barriers), than ever before. This is making significant demands on how people in the business world communicate. Not only do you have to be well versed in your field of speciality, you will also be expected to ensure your messages translate well into other languages and…
Running an SMB can be a balancing act and it often takes some trial and error before certain things fall into place. Unfortunately this also applies to invoicing where any potential trial and error can quickly impact cash flow and seriously impede the efficiency of your business. So when it comes to invoicing, the margin…
The proliferation of the internet and the rapid development of technology throughout the world over the last 25 years has undoubtedly had a profound and fundamental effect on the way that we live. Its effect on accounting for the small business owner has been just as deep and far-reaching. Cloud computing, social media, and accounting…
Here are just a few common misconceptions newbie entrepreneur outsourcers have to deal with before and after hiring a VA: 1. Insisting they must know how to do 10 different specialized tasks to perfection… “The ideal candidate must be able to write blogposts daily, perform SEO, be a social wizard, source and edit interesting high-rez…
Social networking platforms and blogs are constantly used every single day, for business and pleasure. This naturally provides perpetual opportunity for online defamation. If you are a small business owner, online reputation defamation is a real concern. Keep in mind that anyone, anonymous or not, can post or say anything they feel like saying about…
