One of the biggest misconceptions every wannabe entrepreneur shares is this: starting your own business will see you get to work less. That’s dream right. You get to be free of the office. You start a business that will let your bank balance grow while you sip Moscow Mules from a copper mug while sunning yourself on a white sand beach. The reality, however, is quite different and that is
As a word, a concept and a business practice, outsourcing has gained a lot of traction. From tasks like marketing and IT support, to packaging, and payer contracting, people and businesses around the world over have come to love it because they know how effective it can be in boosting their productivity. Lower overheads, speedy scaling, a wider pool of talent and the use of people who get the job done
If you have a great idea for a new product, then it makes sense to start a business and start selling it. Whether you want to do this as a small sideline in your spare time or want to leave your current job to focus on your idea full time, you will need to know some of the basics to ensure that your idea has what it takes to succeed.
It doesn’t matter how small or large your business is, you will still need money to keep the wheels turning. The way you spend money can often depend on how much money you will see in return. Spend wisely, and the profits will come in. Spend foolishly, and you risk failure as you run at a loss. Money – our biggest source of stress, and yet we can’t live without
There are many things that we need to cut down on in business. Corners isn’t one of them, but cost is. Costs are ubiquitous with a sense of “bloating” in business, and so we all need to find the right areas to cut back on. And when we want to increase revenues, and increase profits, what areas do we really need to trim back? Technology As far as in-house teams
In the not too distant past, the way a company worked was very simple. All employees would gather together in an office every day, usually between the hours of 9am and 5pm, and they would work as a collective group. If an employee couldn’t attend the workplace for some reason, they did not contribute to that day’s discussion. 2018 brings us a business world that looks very different. It is
Business events such as conferences and tradeshows can be the perfect places to find new clients and grow your portfolio to the next level. Business professionals from all different fields will use events as the perfect place to connect to other businesses as well as show off their brand to the general public. Events can be incredibly useful for all types of businesses and will often be the perfect way
It goes without saying that your business should be offering a great product or service that people actually want- it would be pretty pointless otherwise! However there’s more than goes into business than just this, and there are certain things that customers will expect of you as a company. When the market is saturated with businesses and you have competitors at every turn, you need to make sure you’re giving
Getting handed that pink slip is probably the most soul-destroying thing to happen when you show up for work. You rely on your job for your day to day living expenses and it’s also a big part of your social life. Call it what you want, but being fired/laid off/dismissed doesn’t make the situation any easier. For some people, panic is the first thing that they feel, with failure a
It’s ironic. To get your business to operate with simplicity and clarity requires going down a very complex route. While so many companies are striving for “growth” or “expansion”, these terms imply the very opposite of simplicity. But other terms are being bandied around nowadays, “transparency” is one, running a business with a “holistic” mindset is another, but these all are party to the same ideal. Simplicity is the best