Even if you do a great job researching potential new clients and have excellent paperwork and contracts, it will happen. Sooner or later, a business will stop paying you. If another business has owed you money for 90 days or more, there’s already a good chance that you won’t be able to recover the money […]
A lot of entrepreneurs want to become the next Google, Microsoft, or Apple. But few do. There is a key reason why. They copy what is popular, rather than being brave enough to innovate. As a business owner, if you copy the failures around you, you also will fail. What distinguishes successful companies from those […]
The business of trading is one that can transform the irises of any eyes into dollar symbols, given its seemingly lucrative nature. Whilst it’s true that a successful trader in the stock market can make unimaginable amounts of profit, it’s not a game of gambling. The market can take unexpected turns, but a successful trader […]
Your business is successful – so successful, that it’s time to start thinking about expanding. The problem? Business growth can be a double-edged sword. On the one hand, getting bigger – whether by opening a new location, expanding your product line, or just hiring more staff to take on extra work – will help increase […]
If you’re a driver looking to start his own business don’t settle for a taxi company. Luxury private transport hire is a lucrative business that many have made a career in. And whilst the clientele may be more demanding in this sector, such can work can often be a lot more rewarding! Here are some […]
Contractors who have organized their businesses as limited companies are sometimes faced with the question of what to do with surplus profits. This money can be used to generate further income if it’s treated properly. Gold is sometimes an attractive way to invest this sort of company money.
We live in a time when it’s hard to know where exactly to get our news from. Gone are the days when all of your news came in one place – the newspaper or the evening news at 6. Sure, we still have the newspaper and the evening news, but we now have news on […]
When you’re running a business, you need to manage your money wisely. A lot of first-time entrepreneurs make the mistake of spending too much. It’s also easy to blow money on the wrong things. It can often have bad results for your business, so you need to avoid spending on things that don’t help.
As a business owner, you probably have a lot on your mind. But one of the most important aspects of successfully running any size or type of business is financial management. Effectively managing your business finances is an essential part of remaining profitable and competitive in today’s unpredictable economy. This is particularly important for small […]
The people in your business may be your greatest investment, but the building that holds them is actually your largest physical investment. Your physical plant is a multi-faceted, highly complicated, and intensely important part of your organization. How you maintain and protect it affects every part of your business. There is no better way to […]
If you are in the grind. You know, in that day to day, monotonous, repetitive cycle of slogging through your existence. You wake, you work, you live a little, then start all over again. If your job is as thrilling anymore as watching paint dry, or your boss is a hopeless failure in the leadership […]
Small businesses can face numerous challenges. From clients who make late payments to months when sales are slow, there are many issues that can make your small business drown in debt. The good thing is that you can save your small business by coming up with a good strategy to deal with debt. Here are […]