Tip of the day
"Create email templates for common responses or inquiries to save time and ensure consistency in your communication."
19 Sep 2023
"Keep Detailed Records. It may seem a bit dull and boring, but every successful business should keep detailed records, by doing this you will know where your business stands financially and what potential challenges you may face in times ahead. "
18 Sep 2023
"Research The Market You Are Going To Target. Before you enter any market, you need to do research on it."
17 Sep 2023
"Create a business plan. Business plans are essentially written documents that provide a description and overview of a company’s future. All businesses should have one of these."
16 Sep 2023
"Continue to test often and pivot your business."
15 Sep 2023
"Take advantage of the digital ecosystem and keep costs lean."
14 Sep 2023
"You'll need to write a business plan backed by strong research to clarify your vision and attract investors."
13 Sep 2023
"You’ll almost certainly end up working harder for yourself than you would for someone else, so prepare to make sacrifices in your personal life when establishing your business."
12 Sep 2023
"Providing good service to your customers is crucial to gaining their loyalty and retaining their business."
11 Sep 2023
"Focusing on customers, including what they want, how they feel and where to find them, can improve your results."
10 Sep 2023
"Patience, enthusiasm and surrounding yourself with a good team are crucial to creating a successful business."
09 Sep 2023
"Remain flexible and stay open to trying new ideas. "
08 Sep 2023
"Analyze Your Competition. Competition breeds the best results."
07 Sep 2023
"Consistently gather customer feedback."
06 Sep 2023
"Create A Budget. A budget will help you track your income and expenses, and ensure that you are staying within your means."
05 Sep 2023
"Keep up-to-date accounting records. Using a good record keeping system will help you to track expenses, debts and creditors, apply for additional funding and save time and accountancy costs - see financial and management accounts."
04 Sep 2023
"Analyze receivables and payables to see how you can improve your liquidity problems."
03 Sep 2023
"Forecast your cash requirements by doing an analysis of your cash inflow and outflow. This will enable you to determine future cash requirements."
02 Sep 2023
"Maximize your current customer base by implementing a customer loyalty program or trying out marketing strategies based on customers’ purchase histories."
01 Sep 2023
"It may get tough but you have to keep going. You can’t be afraid of failure. Mistakes are lessons, they’re what make us grow."
31 Aug 2023
"Practice gratitude. Always appreciate the little things in your life. It’s a way of learning to enjoy all of the small moments that make up a lifetime."