6 Common Spending Mistakes New Businesses May Make

Most of today’s small businesses experience failure during the first few years of their operation. Whether it’s a lack of planning at the beginning or some other pitfall, there are common mistakes you need to avoid in order to stay alive. You can boost your company’s chances by avoiding the six following mistakes.

Startup mistakes

1. Begin Your Business with a Huge Loan

The first two years of business is critical for small business owners. Since many fold at the beginning, you want to ensure that you’re getting the most out of your employees. Although you want to focus on efficiency and meeting deadlines, you also want to set a positive environment for your employees to work in.…

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Mis-sold a PPI Policy? Rush To Claim What’s Yours – It’s Your Money!

Sometimes the technicalities that take place within the banking sector are quite long winded and sometimes could be very tiring so that you lose interest in the whole thing. This also holds true when it comes to claiming on your insurance, such as getting mis-sold payment protection insurance (PPI) refund.

Getting mis-sold PPI refund

When you have a PPI policy, chances are, you’re not eligible to claim on, especially when you’re self-employed.  If that’s the case, you’re not alone.  In fact, there are at least two million people in the UK who have the same fate as yours: You’ve been mis-sold a PPI policy.  In other words, your PPI policy is useless in your circumstances.…

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Back to Basics – How Talking to Customers is Making a Comeback

It may sound obvious, but talking directly to a potential customer is one of the most effective ways to promote what you do. By talking directly, I don’t mean crafting a personalised email to a carefully curated mailing list. I’m talking about having a conversation face to face.

Pop up shop

photo credit: Jon Crel / Flickr

That’s where pop-up marketing comes in. You may have seen the pop up in its various, often trendy, guises – an unused shop front temporarily taken over by a restaurant, a corner of a public space dedicated to an art installation. It’s a promotional format that’s easily translatable to any and every type of business.…

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4 Compelling Reasons Why Business Dashboards are Important to SMB’s

As a small business owner you already understand the importance of being able to collate and monitor data, to help you align your business in the future. However, this is often a time consuming process which could be made easier with the help of a business dashboard.

Cyfe business dashboard - screenshot

Through a convenient ‘easy-to-read’ visual display, dashboards pull complex data relevant to your company from multiple areas and present it on one screen. This includes information such as key performance indicators and metrics. This data can then be used to channel behaviour to deliver better results and grow your business.

Now you have a basic understanding of what a business dashboard is, let’s delve deeper and take a closer look at 4 compelling reasons why business dashboards are important to SMB’s.…

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Managing Business Across the Globe using Netsuite Oneworld

Managing ecommerce portals located across the globe is really challenging these days. The integrated platform that offers to your business flexible intuitive solutions is Netsuite Oneworld. It is one such platforms that helps you to get cost effective solutions related to organizations dispersed across the globe.

NetSuite screenshot

So, what are the upsides of Netsuite Oneworld?

1. Flexibile

From designing the web, managing the content, taking care of the inventory, pricing of the products, everything can be very well managed by the o. The best point about the platform is its flexibility. The mobility in terms of multi-language, multi-currency, multi-product web stores and multi country facility can be good enough to manage ecommerce businesses from any corner of the globe.

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How Your Business Can Go Global (And Why It Should Go Micro-multinational)

With the internet levelling the playing field for how far a company’s reach can extend, more businesses than ever are able to go global without relocating or losing capital in the process. Micro-multinationals, as they are known, are able to keep costs low whilst still operating on a worldwide scale. They embrace technology to keep their teams connected, but still maintain traditional face-to-face business relationships with clients, which has been proved to be financially beneficial in the long run.

Go global using digital tech

What steps can you take to turn your business into a micro-multinational? Here are a few hints to get you started.…

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4 Tips to Keep Your Small Business Employees Happy and Productive

Most startups and small businesses fold within their first two years. And with that in mind, it makes sense that employee productivity can feel like one of the many metrics which can make or break your business. Getting work done efficiently and meeting client deadlines is absolutely critical to build the trust and reliability you need. But that can mesh relatively poorly with the expectations of employees, who often expect that a smaller company will provide them with less stress and more flexibility.

Happy employees

But the worst thing business owners and managers can do is crack the whip to try and squeeze more productivity out of their employees.…

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3 Reasons You Need to Make Sure Your Business Website is Secure

When was the last time you checked to see that your business website was secure? Security is often undervalued by companies when it comes to their sites design. However, it can have serious consequences if your site is hacked into. Regardless of what type of business you run, you need to make sure your site’s visitor details are kept 100% secure.

Website security

So why is your business site’s security so important? Below you’ll find out 3 reasons why it matters.

1. It can seriously damage your reputation

If your customer’s data is breached, it is unlikely they are going to take it very well.…

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Forget Banks, Manage your Money in The Cloud

Banks can help you in managing your money passively.  However, you can do better than that: How about actually managing your money better with the help of your stationary, an accountant and the cloud. Interested in learning more?

Cloud piggy bank

If you won the lottery big time, what would you do with your new found riches? I mean after you buy your sexy new Aston Martin and charter a yacht around the Greek islands. Keep the money in your bank account and not only will you have to trust yourself not to touch it, you’ll entrust an investor, an outsider with your millions.…

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6 Musts for Startup Managers Dealing With Employees

This is a sponsored post written by me on behalf of Microsoft Office . All opinions are 100% mine.

If a new business is to grow and thrive, a startup owner or manager must recruit the right talent, then successfully manage them in a way that gets the best results for the business.

Startup management

Some leaders come from a great upbringing that makes them seem like they must have come out of the womb that way. Yet, others – most, in fact – are made. Trained and educated by the people who’ve worked for them, and by those who they’ll lead throughout their career.…

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