Category: Business

For many business owners, the concept of outsourcing key services and employing freelancers seems a new trend. But have you ever employed a plumber or builder? Do they think you could knock-up a loft extension or install an en-suite? The majority of homeowners know that this work is beyond their skills and therefore employ an…

When economic times turn difficult, many businesses find they need to cut budgets. All too often, marketing funding is one of the first things to go. Yet in a troubled economy, a company needs more visibility to consumers, not less. In times of economic hardship, marketing services become more vital than ever. Consider growing your…

Brainstorming is a great tool to explore an idea, concept, product/service, etc.  For all the possible approaches one can take.  An Entrepreneur would be well served to brainstorm any business idea or product/service concept they may come up with. What is brainstorming?  Brainstorming can best be described as an idea or brain dump.  Ideas come fast…

Perhaps the toughest decision confronting most business owners–family-owned, or otherwise–is the need to plan for the succession of their success! All companies face the challenges of continuity, succession, and profitability, but those issues generally create unique planning and management problems–as well as opportunities–for family-owned businesses. When relatives go into business together, their individual aims, goals,…

Business is a practical affair. Most SBOs (small business owners) don’t have much patience or time for theoretical stuff. What follows isn’t theory. The ten principles are hard-and-fast success rules, lessons I’ve learned over the years about running a business The purpose of a business is to make money. It’s fine to have a social…