October 2007
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Day October 10, 2007

Managing A Small Business In A Recession

The government set out it's plans to get small business owners to pay more tax, they increased capital gains tax by 90%.... Keep your fixed cost down, make sure you have reserves, keep up with your credit control, here I had to help him with most answers.I've been talking about "bootstrapping" or "cost-cutting" for a long while now, with business planning as an additional tool, to combat any surprises.

Virtual Assistants Round Up At Katie’s

Most of my regular reader know I am all for outsourcing for small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants, from day one.You will also know I love the virtual assistants services, as they allow you to concentrate on the core issues of our business, while outsourcing admin, IT and other functions - timesharing professionals is what I call. You know what I mean it makes your small business professional - I hate it if nobody answers a phone for instance, it's a big turn-off for business.Some of you will also remember Kathie Thomas - one of my guest bloggers, VA, speaker - and she is hosting "Blog Carnival of Virtual Assistants", you should go and have a look.

SmallFuel Marketing for Small Business

SmallFuel Marketing is a great site which introduces a marketing system for small business and I must say I like their approach:"Welcome to the SmallFuel Marketing store.... In short, we created what we believe is the best possible way to grow a small business: the SmallFuel Marketing System."Marketing is still a kind of "black art" for most small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants, but these guys give you a marketing plan layout for free in three steps: Step 1: Position and PlanStep 2: Create an IdentityStep 3: Spread the WordThis system will not break the bank, but will fast-track your small business marketing, even if you are not going to spend the money read their pages, most informative.Hat-tip to Small Business Trends.

Labour Continues Assault On Small Business

Stuart and I have a crystal ball, when it comes to predicting "New" Labour's assault on small business.When we spoke yesterday morning we both agreed there would be a renewed attack on small business and we were right. The capital gains tax relief is scrapped.If you hold on to your small business, build value with your hard work, you are going to get punished.

SMEs fail on the Globelization Hurdle

This figure is surprisingly low given the increasing ease of importing and exporting in today's economy."These numbers do not surprise me at all, in survey we did in 2004 we found that hurdles have been considerable: 36% finding local partners;21% understanding local markets;16% Financing export activities;11% defining local customer profile;11% language barriers;5% other.You can read more about our findings here.... Even very small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants, will find it less difficult to export their services, using services like LiveNet.

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