4 Areas to Focus on to Make Your SMB More Profitable

Profits are the thing that keeps small business owners up at night. Sales might be increasing, positive reviews may be landing online, but if your business isn’t profitable then it could be game-over. No two businesses are the same, but whatever type of company you run, there are some key areas of focus for making your small business more profitable.

SMB Profits

Read on for 4 essential tips from insolvency experts on increasing a small business’ profitability.

1. The customer must come first

Customers are the lifeblood of any business. Without an engaged and loyal customer base, making your small business more profitable is going to be an uphill battle.…

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Small Business Advice: Keeping Your Restaurant or Cafe Competitive

Whenever anyone tries to start a small business, it’s an uphill battle. But particularly when it comes to trying to start up a restaurant or café, there is even more competition that you have to work against. That’s why it’s important to gather and follow as much small-business advice as you can.

Busy restaurant

Specifically when it comes to cafés, restaurants, or eateries, be sure that as a small business owner you buy good cookware and dishes, work to establish a theme, make your food purchases as efficient as possible, and do in-depth research about your competition.

Following all of that advice will take you to the next level of ownership.…

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6 Business Tips You Must Ignore

When you want to start your own business, you start looking for information on the Internet to get some tips. It’s possible to find so many tips that you can feel totally overwhelmed and confused.

In this article, we have gathered some “bad” tips you should avoid, helping you in realizing how you need to act.

Ignoring bad business advice

1. Don’t even try to start

Just from the moment you’ve got a great idea for your startup, begins bad advice from others. Of course people that say this are just very cautious and they really might not with you anything bad. But be prepared that even your friends or relatives may tell they don’t like your business idea, and you shouldn’t even start it.…

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