You’ve been dabbling in your business for a while now. It’s gone pretty well, and now you are thinking about turning your side hustle into a full time business! That’s awesome news, but before you do anything drastic, here’s some things to think about before rushing in and quitting your job!
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Size matters in small business! Many small businesses become frustrated by their size, but there are plenty of benefits that bigger businesses miss out on. Here’s our pros and cons of being a small business.
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There comes a time in every business owners journey when you question whether you should just close your business and get a “proper job”! Either it’s too hard, or you’re not making the money you hoped for, or there’s something else.
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So, you’re thinking about scaling your business! But what might that look like? It could be improved efficiency, a website, more automation, better equipment, a new premises, new marketplaces, more staff, collaboration, or more likely, a selection!
Read MoreCollaborating in business is more than just sharing someone else’s social media occasionally. Its about solving problems, developing ideas, sharing space, pooling resources, and cross promoting.
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Ever thought of branching out and setting up a stall? It sounds scary, but with the right preparation it’s easier than it sounds. To keep you on track, here’s our top tips for selling at craft fairs.
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When your business creates advocates, you get a very special kind of customer. This customer will be your biggest fan, they will remain loyal to your brand, they’ll engage with you online regularly, they’ll be the first to try all your new products, and they will recommend you at every opportunity.
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A competitor analysis helps you to see how your business is positioned in the market in comparison to your competitors. It will help you identify new trends in the market, and show you if you are still keeping up with industry standards.
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Imagine going to a restaurant and not being offered coffee or dessert, or even a drink? Would you be grateful that the staff didn’t try to cross sell to you or would you think that you had been given bad service?
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In 2018, Forbes were quite outspoken about the role of business coaches. With more and more coaches focusing on mindset and emotion, I can see their point. However, coaches do play an important role in our business lives. For me, it’s all about getting a healthy balance of both!
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