5 challenges for small business – and how to beat them!

Want to know how to beat the most common business challenges? Here are the five common challenges and the simple ways to overcome them. Founding, building and growing your own small business is a hugely rewarding experience for many entrepreneurs. But the road ahead isn’t always smooth. There are common challenges that crop up and […]

Which is more important? Cashflow or profit?

Which is more important? Cashflow or profit? We’ll explain why getting in control of your cash is vital for the stability and continued success of your business. Cashflow and profit are two of the most important financial metrics for any business. But while they’re both related to the financial performance of a company, they measure […]

Using your network to create business development opportunities

Improving your networking is one way to start opening up more business development opportunities. People buy from people. It’s an obvious observation beloved of salespeople, but it’s also why networking is such a powerful tool for creating business development opportunities. Networking helps build relationships with other professionals, share ideas and learn from each other. By […]

Build long-term customer relationships: improve your financial stability

Happy customers spend more and tell more people about your business. Great customer relationships make your business more financially stable. We know that building long-term relationships with your customers makes good sense for your customer experience. But good relationships are also a key factor in making your business more financially stable and improving your bottom […]

5 signs you’re undercharging

Are you undercharging for your fees? Here are the five warning signs that can help you diagnose whether your prices are too low. Are you undercharging for your services? It can be hard to tell, particularly if you’re in a niche industry or you’re a contractor. Costs have been rising, so it may be time […]

How to stay competitive in your industry

Staying competitive puts your business ahead of the pack. We’ve shared some top advice on how to remain competitive and maintain your leading edge over the competition. It’s difficult to make your business stand out from the crowd, especially in the 21st century digital environment where businesses large and small are competing for the same […]

Business tips: Creating a plan for your exit strategy

Ready to sell your business? Then you need an exit strategy and a rock-solid plan for achieving the best sale price. Exiting your business is a big commitment. You’re leaving behind everything you’ve built up, so it’s vital that you have a plan of action and a clear route to your end goal. This means […]

Business tips: Nurturing your customer relationships

Your customers are vital to your journey. So, what are you doing to nurture them? Here are some top tips for building your customer relationships. The stability of your business isn’t just based on sound finances. Forming rock-solid foundations comes from having a solid customer base and building long-lasting relationships with your end users. To […]

Business tips – Learning to make good business decisions

Making good business decisions is the secret to a successful startup. Making good business decisions is easier to do when you have excellent information at your fingertips – and that’s the value of having great reporting at the heart of your startup. Any cloud accounting software worth its salt will offer you straightforward ways to […]

Measure business success with KPIs

When it comes to measuring the progress of your business, Key Performance Indicators (KPIs) are a vital tool. This article was originally published by Xero. We have updated some of this article for our readers interested in Key Performance Indicators. When it comes to meeting your business goals, it pays to have an effective way […]