Sincerity – Quote of the Week

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“Managing a business requires a great deal of frankness and openness and you actually lead by being very honest with people.” – Michael Owen Edwardes, British company executive Anyone who has ever owned a business will know that you can’t get very far without being honest, whether it is to your employees, suppliers or customers.…

Three Ingredients for a Successful Commercial Kitchen

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For any restaurant, catering company or commercial food outlet, the kitchen is the heart of the operation. Running it effectively and efficiently is vital, and mismanagement can be very costly. Much of the success of your commercial kitchen can depends on the aesthetics and functionality of your kitchen space. Get this right and you’ll have…

Boost Office Morale with These Inexpensive Tips

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If you’re looking for the most cost-effective way to raise company profits, try raising employee morale. We’ve all heard that satisfied employees are more productive but new research by the University of Warwick proves it – a study of over 700 participants found that happiness boosted productivity by 12%. While happy employees help businesses perform…

Training – Quote of the Week

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“I used to always say ‘I never went to business school and I never read a business book’. But now I think maybe I should have read a few.” – Oprah Winfrey Oprah is one of the most successful female business executives ever with an entirely self-made empire, but even she can recognise the importance…

Why working hard and doing a good job is NOT (necessarily) a recipe for success

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Do you remember that friendly, caring, loving parental advice you received about working hard and doing a good job? I would think most of us have had that talk at some point in our childhood. (If you didn’t then hopefully it was because you had super smart parents who realised that it might not be…

Online Invoicing App CurdBee To Shutdown As Users Move To Hiveage.com

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A reimagined approach to online invoicing, Hiveage is a secure, cloud-based billing platform that saves small business owners an average of two days per month and enables them to grow their businesses up to 20 percent annually by reducing the costly, time-consuming administrative tasks associated with billing and invoicing. (via Hiveage)

Winning – Quote of the Week

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“A business’ flexibility in adapting to change and market dynamics will mark the winners and losers in this fast-changing Internet Age. Flexibility is a tight pairing of speed and agility. Linking businesses together using information is at the center of value creation in the Internet Age.” – Michael Dell, US Chairman of Dell Computer Corporation.…

Listening – Quote of the Week

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“I think we have to lead people by being good listeners. That is to say, we lead in a company such as ours by drawing out ideas from people… we can’t simply issue commands.” – Minoru Makirhara, Mitsubishi corporation. It used to be the case that a manager would simply bark orders at their staff…

Infographic: Teaching Entrepreneurship

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An “entrepreneurial mind” is something that we often hear about as being a requirement for business success. But is it something that can be acquired through formalised learning processes or is it just a personality trait that you are born with? Education on the topic of entrepreneurship is only something that started in the US…

Change – Quote of the Week

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“Business leaders must not cling to old ways of doing business, or allow inertia or complacency to prevent them from making the decisions that they will eventually be forced to make.” – Patricia Hewitt, British government minister Complacency is one of the biggest causes of problems for businesses as they grow. Unlike in the early…

Infographic: Marketing Automation

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Small business owners only have a limited amount of time to do everything in their business. That’s why marketing automation has greatly increased in popularity as newer technology makes it possible. Marketing automation is something that has come to prominence as CRM systems have become more affordable. Now every business is able to afford their…

Collaborate with young entrepreneurs at London Tech Week

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Collaboration is one of the best ways for a business to grow and develop, especially when it involves various young entrepreneurs teaming up to tackle problems as a collective force. The trouble is that it can be difficult to make the right connections with other like-minded entrepreneurs. You often need to meet an awful lot…

Meetings – Quote of the Week

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“I don’t know the statistics, but I’m willing to guess that the executives of corporate America spend 70 to 80 percent of their time in meetings. I do know that most of those meetings… are 70 to 80 percent posturing and leveling… The posturing is gratuitous, and the leveling is better done elsewhere. This alone…

Objectives – Quote of the Week

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“You read a book from beginning to end. You run a business the opposite way. You start with the end, and then you do everything you must to reach it.” – Harold S. Geneen, US telecommunications entrepreneur. It might seem a bit counter-intuitive to have to work backwards to be able to achieve your goals,…

Infographic: Contracts

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Contracts are an important part of life for many business owners. Whether you’re forming employment contracts when you hire somebody new or making a big deal with your supplier, it is likely that at some point you will have to deal with making them. Even if you don’t make many, you’ll probably have to sign…

Innovation – Quote of the Week

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“If someone monopolizes the market for personal finance software, are you going to go after that company and dismantle it? I would contend no. Because these temporary monopolies are a prize for innovation. They’re the incentive for innovation.” – W. Brian Arthur, US economist. Business owners that enter a market which is already dominated by…

Infographic: Skype Interviews

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With the rise of outsourcing, it’s becoming increasingly common for companies to interview job applicants using video-calling software such as Skype rather than ever meeting them in person. Many small businesses in the US and UK now outsource some of their admin and it isn’t really feasible for most of them to travel and meet…

5 Things to Do to Protect Your Business from Data Security Breaches

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Critical steps that must be taken to ensure the security and protection of your company’s data. The critical dangers and potential for damage to a business’s reputation from a data security breach are severe, and the risks of such a breach can come from any part of a business, including unlikely sources. Verizon’s 2014 report…

Overcoming The Need To Do

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You know the feeling; you’ve got so much you need to get done that you don’t know where to start. So you create a to-do list. When you get to write the last item you’re already feeling better. Just the act of writing things down has given you a sense that you have done something…

Criticism – Quote of the Week

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“I can’t tell you the number of times that I meet with Internet entrepreneurs or executives, and how little theory they have, and how little cognitive behaviour they seem to exhibit about what it is they are doing.” – Jay S. Walker, US entrepreneur. Even if you don’t have a formal business education, that’s not…

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