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Should You Purchase a Vehicle for Your Small Business?

One study estimated the “average cost of starting a new business from scratch at just over $30,000.” Additionally, research has found that the “average small business invests about 1 percent of its revenues into advertising.” It’s obvious that starting and running a small business is not cheap.

Company car

Many small business owners are forced to make important decisions on essential spending each and every day. Every dollar saved can help a business stay afloat, especially if it is a newer small business. When faced with making a larger purchase, there usually has to be many significant advantages in making the purchase.…

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Starting an Aussie SME? 4 Reasons Melbourne is a Business Hotspot

Australia was the world’s 13th-largest economy in 2017 according to IMF estimates and it hasn’t suffered a recession for over a quarter of a century.

If you’re flexing your entrepreneurial muscles Down Under, Sydney’s a popular choice, but don’t dismiss Melbourne too swiftly — the state capital of Victoria punches well above its weight.

So when you’re looking for the right location for your Aussie SME, here are four reasons Melbourne’s a business hotspot.

1. Government support

The Australian government isn’t resting on its laurels in terms of supporting startup businesses.

Their government’s Research and Development Tax Incentive offers a refundable tax incentive for eligible enterprises with a turnover of less than AUS$20 million — this should take the financial sting out of developing prototypes and testing market demand.…

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Sales Tips to Increase Your B2B Customer Retention

Acquiring a customer is hard work. No matter what field you happen to be in, every new customer is cause for celebration.

Of course, picking up a new customer is only the first half of the equation. Just as importantly, you need to be able to retain that customer moving forward.

B2B customer retention

A big part of customer retention is delivering quality goods and services at a fair price. That much goes without saying. But did you know sales can play a role in customer retention as well?

Let’s look at that subject in this article.

Selling the Right People

First and foremost, if you are going to retain customers down the line, you need to make sure you are finding the right customers in the first place.…

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4 Ways Employee Wellbeing Can Grow Your Business

The mention of ‘wellness’ can bring to mind visions of new age healthy living hysteria, avocados and yoga. But if you ignore the hyped-up Instagram influencers and ‘naturopaths’ and take wellness for what it is, advocating and promoting better health and wellbeing, there are in fact a great many benefits that businesses can realise by implementing health and wellness programmes.

Motivated employees

Studies in US workplaces found that companies who run wellness programs experience 28% less employee sick leave than their comparators and saw a 19% reduction in absenteeism. When looking at the people within an organisation who are enrolled in wellness programmes, those that participated experienced 70% fewer sick days.…

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How Social Media can be Harnessed to Monetize Your Web Presence

A web platform is one of the most crucial aspects underlying any modern organization’s operations. This provides your connection with the outside worlds; your communication hub where you keep in touch with stakeholders at every level.

Monetizing website presence

Depending on the scale of your enterprise, your web presence might be a dynamic site, encouraging thousands of individual visits per week, or it could be a single-page blog aimed at disseminating pertinent information on a regular basis. But no matter how efficiently your website is providing the digital pulse running your business, it could be doing so even more pointedly.

How so?

You could monetize that web platform.…

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Businesses to Benefit from Blockchain Technology

Blockchain Technologies gained a real foothold in our society today. Over the past several years, blockchain industry and cryptocurrency have made their way into the mainstream, going from the early days and early adopters of Bitcoin to the mainstream news press headlines. Along the way, blockchain technology has threatened to disrupt several industries and drive new waves of innovation around the globe.

Cryptocurrency girl

Cryptocurrency related conferences are popping up across the world to educate and inform people about this radical movement in technology. The cryptocurrency economy has fueled a new asset class and caused loads of investors to speculate on new tokenized businesses.…

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Follow Your Own Path With TESOL Entrepreneurship

If you’re a native speaker of English who wants to escape the rat race and start your own business, you should consider TESOL entrepreneurship. Whether you want to start your own English-language school, teach English online full- or part-time or tutor students in person, TESOL entrepreneurship could be for you.

TESOL entrepreneurship

As a TESOL entrepreneur, you’ll be able to teach the way you want. Are you craving more freedom to plan your lessons or curriculum your way? Would you like to work from home or tutor only the best students?

TESOL entrepreneurship puts you in charge of your own professional destiny, eliminating the educational hierarchy that can seem so stifling to so many teachers.…

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How to Start & Run a UK Telephone Answering Service Business

If you are looking at how to start your own UK based telephone answering service either from your spare room at home, or by hiring a small local office to run your business from, then theanswercentre.co.uk have some great information for you to help think more deeply about making that move.

Phone answering business idea

We have to say that anyone approaching this idea with previous experience as a virtual PA or who has worked in a call centre or offered some business services over the telephone will certainly have an advantage over someone without any experience. You will need to learn how business owners think and understand their mindset.…

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How to Pick Up an Affordable Parcel Rate Wisely?

Modern courier system is the lifeline of any business line of the current era. Parcel prices have been treated as the vital aspect of this system. These prices are now getting influenced by lots of factors and if you can analyse those factors easily then only you will win a budgeted rate.

Parcel delivery rates

Things that can increase parcel rates

1. Customised solutions

If you are in need of customised shipping then you have to take additional options. These Options can definitely increase your overall parcel prices. Nowadays, almost every parcel company is offering the facility of customised delivery. The customers just need to mention their requisite services and accordingly, the packages will be created by their providers.…

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Successful People Follow These 7 Productivity Rules

While there’s no such thing as an ideal, mold-making businessperson, successful entrepreneurs and executives share certain traits in common.

Productivity is one such trait.

Productive businesswoman works in a cafe

Whether you’re doing your best to climb the corporate ladder ahead of schedule or working to turn your big idea into a big employer, you’ll find a streamlined schedule smooths the road ahead. Follow these seven productivity-boosting tips and good things might just happen.

1. Don’t Let Email Take Over Your Life

There’s an email management tip for everyone. It doesn’t really matter how you choose to manage your inbox clutter, as long as you do it well and consistently.…

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