Most startups have to do the maximum with minimum budget. You’ve worked hard to sell your idea to an investor. You’ve been given what seemed like the ideal funding, but you soon find that most of your expenses are much higher than you anticipated.
This is especially true when employing staff. While you thought you could make do with the team that you already have, your needs keep on growing, until eventually you’re forced to hire or burn everyone out.
The good news is that there’s an affordable alternative.…
Whether you’re looking for a complete change of career direction or have been looking at an opportunity for promotion, you’re probably aware that in order to get the business job of your dreams, you’ll have to put a lot of work in. The business industry is very competitive, and in order to be a successful candidate for a number of different positions, employers are looking for various different traits, skills, and qualifications. Thankfully, it’s possible for you to highly increase your chances of getting your dream business job by improving your skills, knowledge and qualities.…
Off-shore companies have been a synonym for dishonest business and tax evading, but in the time of fast technological advancement, when successful business can be run from anywhere in the world, founding a company in countries that ask for less taxes and provide better conditions for startups sound like a very logical thing to do.
Before you decide to start your own off-shore company in some of the tax havens around the world, you should ask yourself a few basic questions:
Is founding an off-shore company going to cut my business cost?…
There are many benefits to growing your small business beyond your home office. Having a professional office space instantly boosts your business credibility and will hopefully attract bigger and better clients.
Below are some top tips for growing your business – whenever you are ready to go to the next level:
Find a suitable office space
Moving out from your home office can be daunting. Looking for office space which is affordable, suitable and relatively close to your home is tricky.…
If you’re running a business, don’t underestimate the importance of bookkeeping and accounting. Many companies have found themselves in trouble with the law after failing to keep accurate records of their income and expenditure. There are many other good reasons for taking bookkeeping seriously. It’s important not to bury your head in the sand when it comes to paperwork, as the more you do so, the bigger the problems you might face in future become.
Help your business grow
One of the biggest advantages of bookkeeping is that it allows you to grow your business.…
In the last five years, cloud computing has grown from a relatively unknown force to the backbone of a huge deal of personal and business data, although this has lead to security concerns for some. For businesses, this becomes extra tricky, as the risks of loss of theft of clients’ personal data can break an organisation. With new protocols soon to be introduced by the European Commission, it’s important for EU businesses to think carefully about how to back up and who to trust with sensitive data.…
Think of employee morale like a stock. By investing in this stock, you will get a higher return on your investment.
Nurturing a positive culture is the first step to business success. There is a good reason why Google treats its employees as if they are God’s gift to technological innovation on planet earth. According to a Kissmetrics article, entitled Inside Google’s Culture of Success and Employee Happiness, Google provides its employees with free meals, haircuts, and dry cleaning. It provides subsidies for hybrid cars and massages.…
It is widely regarded that the construction industry is for the first time since economic downturn, experiencing a sustained period of growth. However, despite this optimistic outlook, many companies are still finding it difficult to remain competitive and ultimately successful. Margins are tighter than ever with everyone from suppliers to contract workers looking to squeeze the most profit from each project/new build, while still not experiencing the success they once had. In this article we look at some of the current challenges project managers and senior management within the construction industry face every day.…
If you think you can do it all on your own, failure is likely imminent in your entrepreneurial future.
Mentors can guide you to success by limiting your mistakes, helping you learn from failures, and someone to lean on when times are tough or you’re backed into what seems like an impossible wall.
Here are just a few great ways that mentors can make you a better entrepreneur:
It never hurts to know someone…
Having a business mentor is no different from knowing a good local carpenter a good friend that’s a Class A auto mechanic.…
If you think putting an effort into employee satisfaction doesn’t have good ROI, you’re kidding yourself. Your employees are your largest, most expensive resource, and their quality and satisfaction will make or break your business. Any steps you take to make their lives better is practically guaranteed to pay back significant dividends over the long-term.
One of the easiest ways you can work to improve employee satisfaction is by providing a positive work environment. And that doesn’t just mean casual Fridays and free coffee in the break room.…
