5 Top Tips to Keeping Your Small Business in Good Financial Health

5 Top Tips to Keeping Your Small Business in Good Financial Health

There are many motivations as to why we all start-up and sun our own businesses and no matter if it’s a local mom & pop store or the planet’s largest corporation, one thing we all have in common is the desire to make a profit. Even charities and not for profits need to ensure good financial health, as any surplus after running costs can help further their cause.

Managing small business finances

So the way to do this is to monitor your finances and notice any issues and deal with them promptly.

Regularly Do Your Book-Keeping

The first thing any business should do is not neglect regular book-keeping as this is the main tool to enable you to see how you are performing.…

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Cultural Tips for Business Travellers

London is one the world’s top business centres! So, it’s no wonder many venture into England, notably London, for new business prospects or attend business conferences. However, with international business travels come cross-cultural differences: these differences may seem small but can have a great impact on business; hence it is vital to be mindful of these differences and understand important business etiquette.

Businesswoman in a business trip

Here are some tips to avoid potential cultural problems when traveling to England:

Punctuality

British society is very time conscious. Time is considered a highly valuable resource, so lateness is considered extremely impolite. If you’re attending business meetings or conferences, do your utmost to arrive a few minutes early and if for some unforeseen reason you become aware you will be late, inform whoever you should be meeting with.…

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Creating Virtual Spaces to Facilitate Customer Success

Customer success begins with the first touch someone has with your brand. Every interaction reinforces your messaging. Each contact highlights your product in a different way. These are the building blocks of the relationships you have with your audience.

Enabling customer success

Dedicated account and success managers are a fantastic way to ensure your customers receive the care they need, but they are relatively invasive—they involve scheduling and a lot of active work from both sides to translate objectives effectively between customers and providers.

You likely know that you need to reinforce customer success organically and meet your customers where they are. But what if, instead, you focus on placing them where you both need them to be?…

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Is Timothy Sykes a Scam Artist?

If you’ve been digging into the world of online trading, Timothy Sykes is a name online communities and major headlines might have already led you to.

Tim Sykes

He’s known as the guy who at 21 took his Bar Mitzvah money (around $12,000) and turned it into $1.65 million – all while he was still in college. Sykes has built an educational empire, strategy and consultancy business that has helped thousands of people across the globe understand penny-stock trading as a legit investment option. A sizeable chunk of those people also ended up becoming his dedicated students and have been earning fortunes.

Sykes rakes in money, and he likes to flaunt that, a lot!…

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Refinancing Tips for Entrepreneurs: 5 Types of Loans you Can Refinance

If you are an entrepreneur, you might be looking at ways to ensure that you have more cash flow for your various business ventures. One way to do this may be by refinancing any loans you have. Many people may have heard of doing this with a home mortgage, but they might not know that many other types of loans can be refinanced as well.

Loan refinancing

Below is the kind of loans that you can refinance…

1. Student Loans

Student loan debt represents a financial crisis for some, and many don’t realize you can get out from under the continued payments with excessive interest, and turn to a refinance.…

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Modern Restaurant and Bar Trends That Are Attracting Patrons

With the emergence of food delivery apps, restaurants and bars everywhere have been experiencing a significant decrease in physical patronage. This is not a major concern for your locality’s more established businesses, but for many smaller businesses who are still looking to carve a niche for themselves, it can be tricky knowing how to attract a crowd.

Restaurant setting

Here are a few ways small business owners can reclaim control and effortlessly up their venue’s foot traffic.

1. Your POS system and you

When given a choice between ‘Cash Only’ and ‘Cashless’, the correct answer should always be neither. You want to make sure that your point of sale system (or POS) is able to take payments from absolutely all potential customers.…

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Top 5 Tips for Hiring the Right Candidate

Regardless of how much experience you have in running a business, it’s only normal that you will want to have the best team working for you. Having employees who strive for perfection and go above and beyond their call of duty can help keep your company running successfully and accordingly to plan.

Hiring tips

When hiring new employees, there are various factors to address, so here are the top five tips for hiring the right candidate for your company.

Define the Role Before Hiring

When advertising a position in your business, it’s important that you outline the mandatory duties, skills, and responsibilities that are required from candidates.…

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4 Effective Tips to Leverage Outsourcing and Scale Your Company

Outsourcing has become a universal tool to facilitate business processes so many tech companies around the globe start looking for outsourcing solutions – both nearshore and offshore. If to think in the long-term perspective, outsourcing could be a nice start to implement the scaling strategy of a company.

Business outsourcing

In this article, we’ll try to give useful tips to help IT companies leverage outsourcing to scale their business.

The outsourcing model is about contracting with a service provider to delegate some business functions. As a rule, it’s done either in the near- or offshore to save costs.

Many IT companies look for new outsourcing opportunities in developing East European countries like Ukraine, Romania or Poland.…

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A Complete Guide To Hiring The Perfect Tools For Your Company

It’s prevalently established that tool hire is a better option because it is cost-effective, hassle-free, and provides flexibility to one’s business. But you can’t buy tools from anywhere or everywhere.

Tool hire tips

Therefore, here is the guide for your reference when you are going to hire tools.

What is best for you? Renting or buying?

Before even hitting the road to find your company to hire tools from, you need to be sure whether you wish to purchase or rent. For this, you need to look at your budget, which will help you decide.

If you are low on budget, then it goes without saying that you should rent rather than buying.…

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Neil Patel Reviews the Best Ways to Grow on Social Media – Learn Which Strategies You Should Avoid

Neil Patel is probably one of the best known names in entrepreneurship and digital marketing. He has 62,000 followers on Instagram, over 81,000 followers on Twitter, nearly half a million YouTube subscribers, approximately a million podcast listens per month, and millions of monthly readers on his personal marketing blog.

Neil Patel

So when one of the best marketers of all time says that he’s going to reveal his secrets to becoming big on social media, you want to sit, review and listen.

Recently, Patel wrote a blog post called “The Real Secret to My Social Media Success,” in which he did just that.…

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