Archive | May 2012
May
07
From start up to success – how to survive the early years
A large majority of small businesses fail within their first few years. With such intimidating failure rates, just how can you breathe life back into an underperforming small business? According to statistics compiled by the US Small Business Administration, 70 per cent of small businesses will survive at least two years, yet only half of those will still be operating after five. While not as... Read More >>
Apr
04
Small business tips: Reducing overhead costs
In today’s economically volatile environment it is vital for small businesses and start-ups to look for ways to reduce business overhead costs while still maintaining efficiency. This is especially important when considering that cutting overheads is one of the fastest and easiest ways to increase profits. Cutting costs without sacrificing the quality of goods or services is the outcome every... Read More >>
Feb
14
How to maintain your customer base in a down economy
Where did all your customers go? Maintaining your customer base in a down economy Without a doubt, a shrinking customer base is one of the biggest challenges facing small business owners today. Brand loyalty is almost a thing of the past in today’s market and as more and more competition arises, preserving your current customers becomes just as important as finding new ones. Senior... Read More >>
Feb
01
Why outsourcing means big business
What is outsourcing? When most people think of outsourcing, they think of large corporations and job redundancies. However, this couldn’t be further from the truth. Outsourcing is not restricted to the confines of big business and does not refer solely to sending work offshore. In fact, an Enterprise Systems Outsourcing Survey found that over 70 per cent of outsourcing activity by American... Read More >>
Jan
10
Improving your business in 2012
With 2011 well and truly in the rear-view, small business expert and author Andrew Griffiths offers some advice on how to start the New Year. For many business owners 2011 was another tough year. While economic indicators and the job rate in the United States has been steadily rising over the past quarter, we are still far from a recovery and small business owners need to do everything they can... Read More >>
