The Next Level: 4 Signs It’s Time to Expand Your Small Business

In the highly competitive world of small business, finding a way to carve out a niche in your industry is vital for success. According to recent studies, economic uncertainty is the main factor that prohibits small businesses from growing.

Business expansion meeting

If you are like most business owners, you have a number of ideas you want to put into practice. When the time comes to grow and expand your business, having a game plan in place is essential.

Generally, you will need to secure a business financing loan to fund this type of growth. Working with an experienced and reputable lender is the only way to ensure the loan you get is the right fit for your particular needs.…

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Bringing the Outside In

Some companies just love festooning their hallways, reception areas and meeting rooms with flowers and other plants. The sight and smell of greenery (and any other colours you care to throw into the mix) elevates the feeling in a building and, according to NASA, living plants help to filter out airborne pollution.

Employee working in a green workplace

Other companies think that a floral touch is too frilly and makes the place look fussy and unprofessional; they may also see caring for plants and buying in new flowers each week as unnecessary expenses. On balance, though, if you’re looking for offices to rent in Teddington, you’d be best served by bringing in a bit of the green stuff.…

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The Location of Your Business is Crucial

Whether you are opening up a new shop or relocating your existing business, where you decide to go is essential to the overall aspect of your business. The right location can both boost sales and keep your doors open, or it could end up making you close the doors.

High street

There are many factors to consider while you decide where to locate your business. From operating costs, accessibility and even taxes, these all influence the overall performance. Whether you are looking in a small town or at real estate in Calgary, the same goes for both.

Here are a few reasons as to why you need to seriously consider your location before you open up the doors.…

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Common Pitfalls Small Businesses Face and How to Avoid Them

Starting up a business is, without a doubt, an exciting venture. If you’re not excited about your new small business, then you just aren’t doing the right thing. However, it’s also a nerve wracking one and even the most seasoned of business owners will come across struggles along the way.

Analyzing small business problems

What makes a successful entrepreneur over one destined to fail, however, is the ability to avoid common pitfalls. From doing the large scale customer acquisition through proper market research to the seemingly-insignificant use of a plagiarism checker to avoid shooting yourself in the foot with your marketing material preparation – including to avoid any plagiarism claims, we’ve put together a list of some of the common business pitfalls and how small businesses could work to avoid them.…

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The “Secret Sauce” for SMBs to Win in B2B

Many SMB owners operating in B2B markets have the aspiration to acquire large corporate clients. Getting a large “big brand” customer can provide an SMB with numerous benefits including:

  • Larger revenues
  • Long term contracts
  • Enhanced industry reputation

The key to successfully acquiring such clients or customers is to provide an excellent customer experience.

B2B customer experience

What Is Customer Experience?

Customer experience, commonly referred to as CX, is the product of the interaction between an organization and the customer over the life of the relationship.

A great CX means that a customer’s experience during all interactions (i.e. before, during and after purchase) are at least meeting, if not, exceeding customers’ expectations.…

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Why You Should Use an M&A Advisor to Sell Your Online Business

Of all the possible deals a digital entrepreneur might negotiate over the course of their career, few will be as important as the sale of their business.

Online business for sale

While most business owners have a wealth of experience in their respective industries, only a small percentage of entrepreneurs have a full grasp of the nuances involved in the sale of an online business.

From establishing buyer credibility, to performing an accurate valuation, to dealing with the legal requirements for the transfer of ownership, the sale process is a minefield of potential risk for the seller.

In this article, we look at the different options a business owner has when it comes to selling, the benefits of involving an M&A advisor from the start of the sale process, and share the dangers of attempting a sale without one.…

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4 Time-Sucking Activities That Take Away From Your Business

Companies have lots on their plates, and small business owners, in particular, wear many hats. However, not all of those hats are equally important, though it can be hard to know which responsibilities are worth your time and which are major drains.

Time-consuming business activities

Watch for these four ways that businesses — especially small operations — waste money, resources, and time without realizing it.

Constantly Checking Emails

Answering emails is a surprisingly time-consuming task. Far too often, people waste time answering unnecessary emails or lack the discipline to refrain from checking emails and answering messages constantly throughout the day.

Of course, it’s important — even vital, in some cases — to answer certain emails.…

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5 Quick Tips About Welding Helmets

One can never be too safe, especially when your work demands handling dangerous equipment. Professional welders deal in such hazardous environment that they can’t afford to overlook their safety protocol and that includes their attire and gears.

Welder

The welders not only have to protect themselves from the heat and sparks but also the UV radiation and infrared light that can affect your eyes and even cause permanent blindness. Thus using a helmet has become indispensable along with your gloves. The helmet should cover your eyes, face as well as neck should be part of your everyday gear.

But wearing a helmet need not be cumbersome any more.…

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Finding Your Flavour – How to Get Into the World of Hospitality

The hospitality industry is all about the relationship between a guest and a host. If you’re looking to get into the food and beverage world, there are a number of considerations to keep in mind before taking out a loan or making a large investment.

Find Your Size

The food and beverage industry offers a wide variety of opportunities for businesses of all sizes. Choosing which size is best for you can be a huge factor in your success and longevity in the industry. It’s important to start small to avoid taking on more than you can handle, but be sure to organise your business so that you create the room to grow and scale up your business as you find your feet and sales being to increase.…

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4 Steps To Supercharge Your Business Focus

Sometimes the best thing that you can do for your business is learning how to focus. Focus on the little things that matter.

Focus on your broader picture in context. Focus on your target audience. Focus on your budget. All of these things can be made better by analytically figuring out what parts are the most important, and then aiming your business trajectory squarely in the middle.

Discussing business focus

A few examples of things that you can do to supercharge your business focus, regardless of industry, is to get into growth hacking, pay close attention to your budget, narrow down your target audience as tightly as possible, and use specific corporate strategies to gain industry leverage.…

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