Even for small businesses, Human Resources is very important. To make sure you run your business successfully and avoid any potential pitfalls with your employees, there are some basic steps you should take. Here are seven simple steps for successful small business HR: Recruiting an employee Understanding the need of your business is the first…
Time has nearly run out for businesses to save as much money as they can before the end of the 2014/15 financial year. While this may be the time that some businesses hike up prices and push sales promotions, the smarter companies will look internally to see where savings could be made. It may not…
If you’ve already taken the steps to setting up your business from home: congratulations. Taking the plunge and going it alone from your home can be a daunting thing to do, but if you’ve taken the correct precautions, you’ll have a set-up that is more efficient than running out of an external office, and one…
Many people in the business world feel as though their best strategy is to close themselves off from the business community, and to operate alone. However, in a world that’s becoming increasingly more connected and collaborative, now more than ever, it’s essential that businesses open their doors and work together. When 4/5 small businesses fail…
As a small business owner, you already have enough tasks on your plate that managing your finances only causes a headache. You certainly don’t have to do it alone. With an accountant by your side, you can let him or her worry about money management while you spend time running your business. But how do…
When it comes to operating a successful business start-up, there are various economic and social factors that remain outside of your control. Rather than becoming preoccupied with these, however, it is far better to focus on the elements of business management and commercial operation that you can maintain direct control over. By focusing on reducing…
These days, providing an excellent service to customers means giving them what they want, exactly when they want it. Amazon’s demonstration of drone delivery might not quite have been a reality, but it certainly illustrated the demands of the 21st century consumer. As a result, if you’re thinking of setting up your own business, then…
Collaborating between various members of a team is an inevitable part of running a business. While business collaboration has long been heralded as the cost-optimal way to delegate tasks and increase productivity, a research paper released by Harvard professor Jennifer Mueller found that collaboration itself comes at a cost. For her research, Mueller studied the…
The world today is extremely fast paced and as such, people expect service to be quick and efficient and this especially true when it comes to the business world. There are so many laborious tasks, which, despite being extremely time consuming on a daily basis, are necessities when it comes to the running of a…
While businesses can find it difficult and time-consuming to create a safe and compliant workspace, this something that can save companies thousands of pounds throughout each calendar year. There is far more to creating a safe working environment for your staff members than adhering to existing regulations, however, as this does little to sustain a…
