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Posts published in “business management”

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Customer databases: how to deal with the effects of GDPR

GDPR has had a profound impact on the customer databases of a lot of small businesses. Lindsey Roberts is GDPR project manager at Visualsoft, an e-commerce digital marketing agency. She talks about the effects of GDPR on small businesses and what you can do to make the new rules work for you. The best companies The post Customer databases: how to deal with the effects of GDPR appeared first on Small Business.

Finding the right retail space for your business

One of the first challenges you’ll likely face when opening a retail shop is finding the right space. There are many factors to consider, aside from proximity to your home, and business owners could be missing a trick by not taking more time to consider the many geographical options available. Sarah Musgrove, editor-in-chief at Opus The post Finding the right retail space for your business appeared first on Small Business.

Working capital: how to improve your situation

According to a report published by the UK Office for National Statistics, only 44.1 per cent of businesses that launched in 2011 still survived five years later. In other words, over half of all businesses shut down under five years. There are many reasons why this is the case. Poor strategy, ineffective marketing and leadership The post Working capital: how to improve your situation appeared first on Small Business.

Five common digital mistakes entrepreneurs make

Taking the leap and starting a new business can be a very unnerving prospect. Even for someone with extensive experience in the corporate sector, making the move into small business ownership can be a daunting and unfamiliar one. An important part of establishing a new business is creating a recognisable and credible digital platform. Digital The post Five common digital mistakes entrepreneurs make appeared first on Small Business.

How to scale up businesses with a tricky-to-scale product

How does an SME take their business to the next level? Scale it up to break the glass ceiling? This is a challenge I have taken on and been working through in the last year. I am going to talk about the difficulties of scaling up a business with a product that cannot be easily The post How to scale up businesses with a tricky-to-scale product appeared first on Small Business.

Back to work: five ways to avoid a headache after your holiday

Holidays are an essential part of life, helping you to feel rejuvenated, inspired and better able to run your business. But what about when the time comes to put the sun-lounger away and return to work? The transition from holiday to work doesn’t happen at the drop of a hat. We’re not robots after all. The post Back to work: five ways to avoid a headache after your holiday appeared first on Small Business.

Joint ventures: five things you need to consider before you begin

Joint ventures can bring huge benefits to both prospective business owners and well-versed entrepreneurs, setting them apart from other types of business ownership and allowing companies to thrive and grow. But they also come with risks – their objectives often clash and goals become ambiguous. It is important to consider just how you plan to The post Joint ventures: five things you need to consider before you begin appeared first on Small Business.

Business energy costs: how can you slash your gas and electricity bill?

With the average UK business spending almost £4,000 a year on energy, there’s never been a better time for companies to take a good look at their gas and electric usage and find quick and easy ways to reduce their bills. Becoming energy aware (and energy smart) can not only help businesses boost their bottom The post Business energy costs: how can you slash your gas and electricity bill? appeared first on Small Business.

Is salary transparency a good idea?

A recent survey conducted by Love Energy Savings showed that the majority of UK employees don’t want any salary information to be made common knowledge throughout their businesses. When asked which approach to salary transparency they would prefer in their company, eight per cent of UK respondents said they didn’t want any salary information shared within The post Is salary transparency a good idea? appeared first on Small Business.

Five ways to rework sustainability into your business goals

Small businesses cannot afford to neglect environmentally-friendly policies in 2018. Rises in extreme weather events are putting businesses at risk, as interconnected supply chains and insurance protection gaps are increasing. Globalisation has also brought increased competition across all industries and businesses have never needed to differentiate themselves, and cut costs, more than today. Given these The post Five ways to rework sustainability into your business goals appeared first on Small Business.

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