Glasses and book.

Pexels Businesses need many and vast amounts of interconnected resources to work well. The chief among them all? Capital. However, this solely material asset is nothing without plenty of immaterial but essential resourcing to back it up. You might be wondering about the resource we are talking about. In this instance, it’s wisdom. Wisdom, forethought, sound planning, no matter what term you place on it, the best use of it can turn a business from getting off on shaky ground to developing from a solid firmament. As budding business leaders, we are all aware of which side of this spectrum we’d most like to fallRead More →

Just because you have a small business, it doesn’t mean it’s small fry. In fact, it’s probably one of the most important things in the world to you. Combine that with the fact that most businesses, even the smallest ones rely heavily on IT now, and you start to see the importance of getting all things computers and online, spot on. So with this mind, read on for some epic advice on getting your small business IT to be the best it can be. Do invest in quality hardware, and keep it well maintained   Hardware is the physical stuff of IT. The personal computersRead More →

Business loan application form.

You don’t need a degree in finance to know that the current economic situation is tough. Each year companies go bankrupt, which is more often than not due to a lack of finances, or a lack of budgeting. However, the businesses that take their finances seriously from the get-go tend to be the businesses that grow into prosperous and highly profitable brands. The key to building a business that stands the time is understanding how to effectively manage the financial side of things. Part of this is being willing to accept that sometimes you may need a little help; it’s always best to be willingRead More →

Heavy industrial businesses used to be expensive, debt collecting enterprises that were often more trouble than they were worth. Just look at manufacturing as an example. Manufacturing businesses are regularly pushed into serious losses because clients don’t pay their bills on time. Instead, they find themselves constantly trying to manage on less money because the people that buy their products are looking after their company first. This is one of the reasons why so many manufacturing companies have closed over the last few years, and this is certainly not the only industry that has failed to modernize itself. But things are now starting to change,Read More →

Lady screen

We’ve all heard the stories of robots replacing human employees, and it’s happening at such an alarming rate that you’d be surprised how many people are losing their jobs thanks to these machines. While it’s the perfect solution to invest in if you’re an international company with a lot of money on the line, it’s perhaps not the best idea when you’re a small to medium business. After all, fostering a healthy company culture is often more important than trying to optimise your business, but there will always come a point where the costs of starting up your business can’t be ignored. One of theRead More →

Lego worker at the office.

Flickr Some people love it, some people cannot bear the idea of it, working by yourself can be helpful for some, but a hindrance for others. But when it comes to making a career for yourself, are there some types of careers or businesses that work well for the budding entrepreneur or just people who are looking for a way to work by themselves? Let’s examine the pros and cons and what works well for the wannabe loner. The Pros When you’re on your own, there are no distractions, and if you’re great at managing your workload, you can make a successful career of loneRead More →

Background binary numbers.

Image Source If you’re finding it hard to get to grips with modern business tech, take solace in the fact that you’re not alone. 95% of businesses find modern business technological advancements complex and confusing. Staying up to date with the latest tech is vital for any company that wants to keep a hold on the market. New technology is constantly making things faster and more cost-efficient for businesses. Things are only going to get worse in the future for those businesses that refuse embrace the digital age.  If you’ve been a technophobe up until now or are simply getting tired keeping up, here areRead More →

Capture kids signing papers.

Passing on your gift unto others is one of the greatest feelings and motivations to success you can ever accomplish and feel. You may be experienced in the world of business, and especially setting up and running an independent business. Seeing businesses that have asked for your help transform into something quite special, is what it’s all about. Mentors have been around for centuries and centuries in countless different forms. They are the mist that drifts through society, correcting mistakes before they happen, and putting people on the right path to success. From generation to generation, skills and experience need to be passed down, soRead More →

There’s no doubt that any business that wants to survive in the modern age has to embrace digital technology. Sure, there was a time when that kind of tech was only ever used by huge companies or niche, specialist organizations. But as the internet and the technology surrounding it became a fixture in just about everyone’s day to day life, businesses had to embrace it or risk getting left behind. This can often be tough for less tech savvy business owners. Whether you’re someone whose business predates these developments, and you don’t understand why you need them, or you’re something of a technophobe with noRead More →

Calculator for business expenses.

Business expenses can be good news in some respects. After all, they can be tax-deductible, and finding enough costs and expenses in your business can help you significantly reduce your tax bill. However, you still need to keep a limit on your expenses. If they get out of control, then you could run into some serious cash flow problems. Plus, they will only reduce the overall value of your company. So, whenever possible, it is important that you try and keep your business expenses down to a minimum. Not sure how you can reign in all your spending? Read on for some super handy tips!Read More →