Category lower overheads

Small Business and Start-Up Efficiency

In todays networked world it is possible to "grow" your business virtually and increase your efficiency at the same time - rather than "grow" your fixed cost structure and decrease efficiency.Her I just want to talk about which steps one might take to a more efficient small business: look at you business critically and understand what your core business isfocus on your core business and objectives, do not waste time with non-core activities - outsource thosere-evaluate work processes, remove non-value-add activities, work out how to do thatre-evaluate your outsourced activities, are you getting a professional and efficient servicecheck your clients perception of your small business, ask for feedbackThe drive for efficiency is an continuous effort in every business, not only small and start-up businesses, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal businesses. It is this kind of thinking that will determine success or failure of your small business venture.How efficient is your business - to think about that is a much more fascinating way to spend some "free and quiet time", than watching television - it's more exciting and rewarding too.

Virtual Small Business and Business Start-Up Teams

I have been writing about virtual assistants and virtual workers for quite some time, explaining the benefits of outsourcing to virtual assistants and workers for small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal businesses.But I never really wrote something about what it means to have a virtual small business team, which is part of WinWeb's Small Business Infrastructure approach - so here it goes, a virtual small business team is: a collection of people working together in different locations, countries and time-zonesa "network" of people working together using advanced online technologysome teams my be project specific and/or limited in duration(time)Not always do people only work virtually together, some times the meet - even if it is only socially.... You should think about these issues in the planning phase of your business start-up.Have you thought through all the possibilities for your small business outsourcing and bootstrapping or how much more green and eco-friendly your small business or start-up would be?

Myth Buster: Health & Safety Executive

Here is an example of some good advice for small business, the Health & Safety Executive has a web-page called "Myth of the Month", you should have a look at it .... The law requires employers to assess risks and take appropriate action.HSE’s advice is that for most office electrical equipment, visual checks for obvious signs of damage and perhaps simple tests by a competent member of staff are quite sufficient.

Not all accountants are created equal (how do you choose an accountant)

This is where I would definitely look for an accountant who belongs to a professional body, and holds a current and up to date practicing certificate, at least this way I would know this ‘stranger’ has gone through a certain standard of training and will have had to achieve a minimum level of experience before being admitted to membership.... In summary, if you know someone who uses an accountant they are happy with meet them first, next find an accountant who understands your industry and finally if you have to make a selection on your own, then meet and interview at least three accountants before making your choice, remembering their membership of a professional body affords you some protection.

Sunday Times on small business and cash-flow.

Stuart over at Business Matters mentioned a "must read" article for all business start-ups in the Sunday Times Small Business section last week, written by Rachel Bridge. She has a new great offering this week with "The secret to securing a start-up loan".Two things caught my attention, in section two she talks briefly about having a cash-flow forecast in preparation for the bank interview.

WinWeb Business Cloud - Creating Financially Sustainable Businesses