Feeling isolated The main challenge facing most home-based small business people is the feeling of being isolated from the mainstream of business life, resulting in lower motivation and a loss of work discipline. The transiton is most difficult perhaps for people who have moved from busy offices. Interruptions by family It’s hard to stop children […]
More and more people are choosing (or being forced to) work from home given the current global pandemic. Making the transition to home-based operations – especially if it is a quick jump – can be tricky. This article explores the pros and cons of working from home and looks at ways to make your home […]
Calculate your break even point using this handy calculator. Download the Break even calculator Want to chat? Please don’t hesitate to reach out to us. Contact us […]
Videos are great if you need to show a colleague how to do something or record some training. You can quickly record a video using these tools. Try Loom for videos. They’ve recently cut prices and removed limits to help those affected by COVID-19. Find more info here. You could also look at Soapbox to […]
Dealing with a sudden cash flow crisis, even if you’re working hard to avoid shortfalls, is hugely distracting and stressful. A formerly reliable customer might take much longer to pay than anticipated or a large consignment might fail to show up, leaving you out of pocket. If you’re starting a business, it could simply be […]
Before you go down the path of seeking capital from outside your business or borrowing funds, identify any other ways of raising capital. If you need funds then sometimes it’s not a loan that you need. Identify areas in the business to make savings There’s a good chance that you can generate at least some […]
If you’ve been reviewing your business’s financial position and are looking for ways to improve your cash flow, one of the first things to look at are your expenses. As your business grows, so will your costs, but there are things you and your employees can do to keep them down as much as possible […]
Bootstrapping is figuring out how to reduce the cash you need to start, by eliminating any unnecessary overheads while finding out who will give you a hand. If for whatever reason you’re not able to raise enough capital to start-up you might be able to get what you need by ‘bootstrapping’ (finding what you need […]
What a crazy few weeks it has been! As the effects of the coronavirus continue to sweep the world, we want to let you know we are here to help navigate the changes this virus causes you, your team, your family and your business. We understand that your family and your team are the most […]
Read More… from What the COVID-19 Economic Response Plan means for you – March 18, 2020
