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Tag: Business Planning

Bootstrapping for Business Survival

Bootstrapping is figuring out how to reduce the cash you need to start or run your business, by eliminating any unnecessary overheads while finding out who will give you a hand. If for whatever reason you’re not able to raise enough capital to start-up you might be able to get

COVID-19: Operating Your Business Out of Lock-down

As we hit week four of the nationwide lock-down, it’s time to start actively thinking about how you will operate your business out of lock-down. We’ve already discussed developing your business continuity plan, so hopefully you’ve already started planning and putting some actions in place to come out of lock-down

Getting Your Business Through Tough Times

If you’re a small business owner whose company hasn’t gone through hard times, that’s great but it’s likely to happen at some point. As much as we dream about being brilliant enough at business that we’ll never face slow times, there are many things beyond our control that can negatively

New Business Support Options Released by Government

The government’s latest COVID-19 support package includes further measures to try and ease the pain of the lockdown. It includes ‘tax breaks’, business advice funding and guidelines for tenants and landlords. At first glance it seems this package, unfortunately, may not do a lot for small businesses and leaves a

Top Tips for Managing Remote Teams

Employees at businesses both large and small are now telecommuting/ working from home. Many companies around the world are restructuring their management practices to meet the challenges and opportunities of managing remote teams. Now with the spread of the COVID-19 and workers being asked to work-from-home the need for managing

How To: Identify What To Outsource in Your Business

We all have tasks that get in the way of our business moving forward. It’s all these tasks that we tend to procrastinate, that we would rather void doing and that just suck up too much of our valuable time. Time that we should be spending on our businesses. Thankfully,

How to Choose the Right Business Mentor for You

A business mentor can help you take your business to new heights: but only if you choose the right one. From offering advice, support and a listening ear, business mentors understand and really ‘get it’ when it comes to the struggles a business owner faces. Like everything though, all business

Is Declaring Bankruptcy the Right Choice for You?

If financially things aren’t looking that great, you may be considering declaring bankruptcy. Making your debts go away may seem like the obvious solution, but there’s a lot to consider before you do. While bankruptcy can clear your debts from the time you lodge a debtor’s petition with the Official

How to Reduce Business Expenses & Save Money

We’re all looking for effective ways to reduce business expenses, save money and increase our profits. We’ve also all got our own ideas on how to do so. Every business will have expenses that must be budgeted for in order to help it run smoothly. Depending on your industry, those