For helpful business advice on topics from how to get your business up and running, to how to use social media to find more customers, these useful articles will help you get ahead of your competition.
Whenever I consult with a client or present my marketing master classes, I ask the questions: How are you competing in your current market? What is your competitive advantage? I’m met with a variety of responses which can range from “I’ve no idea” to “I am the cheapest.” A very popular response is “my business […]
Although the main activity of many businesses is to sell to consumers – known as business-to-consumer or B2C trading – all businesses will also take part in some kind of business-to-business (B2B) activity. You’ll need to use suppliers, to provide you with raw materials for making products, services (eg accounting or market research) and/or professional […]
Every business needs to stay on top of their finances. Here’s our guide to managing your business tax, budgeting and cashflow issues. Paying the right amount of tax It’s important that as part of your financial planning, you look at your business tax situation. Penalties can be severe if you don’t pay the tax that […]
Your business credit score is a number that indicates how likely your business is to fail in the next year. Your business is scored on a scale of 1 to 100 and the higher the number, the less likely it’s considered your business will fail. How is my company credit score calculated? It’s a common […]
Social media sites – websites that let people form online connections, interact and share information – have exploded in popularity in recent years. More and more, businesses are switching on to the idea that taking part in social communities is a great way to engage with their target audience. Read on for our overview of […]
Getting the right finance, at the right time, is hugely important for all businesses. As well as needing money to start up, you’ll need a steady flow of cash to pay your overheads, invest in equipment and supplies, and keep your business afloat while you’re waiting for your customers to pay you. You might also […]
Creating a free Google My Business listing makes it easier for customers and other people to find you online. A listing helps increase the visibility of your business when people use Google Search, Google Maps or the Google+ (Google Plus) social network. If you previously listed your business in Google Places or Google+, these have […]
All businesses – from sole traders to multinationals – need to understand and keep up with their books. As well as it being a legal requirement for HMRC so that they can make sure you’re paying the correct amount of tax, your books are also a vital source of information about how your business is […]
Whether you’re starting up a new venture or looking to expand, one of the most important issues is finding finance. A lack of access to finance is one of the biggest problems facing start-ups. And many promising businesses find themselves unable to progress because they can’t muster funding for vital investments, such as new infrastructure […]
Businesses are sold for many reasons – to release equity for the owner or shareholders, to allow the owner to pursue a different lifestyle or concentrate on new ventures, or because the owner doesn’t have the resources to take the business to the next level. Meanwhile, many aspiring entrepreneurs feel that buying an existing business […]