March 2010
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Month March 2010

Entries 10 Total

Don’t Underestimate The Importance Of Time Management

Mar 31, ’10 6:30 AM

I’m sure everyone has had days, weeks, months or even years of feeling snowed under with work, stressed and like they have little time for family or friends. Within a small business it seems that this is compounded, with less people to delegate to and, if you are the small business owner, a vast majority…

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Top 5 Tips for Training Employees on a Budget

Mar 29, ’10 7:00 AM

The top 5 tips weekly post is always full of hints and tips for small, home & micro business owners. Many equipment manufacturers offer free training to companies that purchase their products.  Don’t overlook the usefulness of this. Attempt to form a training co-op with other local companies to cut costs. If you have close links with customers that have a…

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Budget 2010 – The Saviour for Small Businesses?

Mar 24, ’10 5:58 PM

Today, Alistair Darling revealed the budget for the coming year. A lot of policies were focused was on helping small businesses with a “£2.5 billion one-off growth package”. Really, though, this is going to do little to really help small businesses. The chancellor included tax breaks, better access to credit, better payment terms from the…

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Good Customer Service Can Go A Long Way

Mar 24, ’10 2:30 AM

For a small business, customer retention can prove as profitable as sourcing new customers. In fact, retaining current customers can be more cost-effective as no outgoings are necessary to market and sell to them. You have already got them hooked; now you just need to keep them! The key to keeping customers, and I’m sure…

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Top 5 Tips for Learning More About Your Customers

Mar 22, ’10 7:00 AM

The top 5 tips weekly post is always full of hints and tips for small, home & micro business owners. Try to figure out exactly what it is that you want to know about your customer base. Develop a set of questions to ask them.  You could use these for direct mail, telephone marketing or focus groups. Unless you have marketing…

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Why Your Small Business Needs A SWOT

Mar 17, ’10 7:30 AM

As a small business owner, or entrepreneur, you have no doubt heard of a SWOT analysis. But with a heavy workload, is it really necessary for your small business to complete a SWOT analysis? In my experience, it is an absolute must to do a SWOT analysis for your small business. A SWOT analysis is…

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Top 5 Basic Advertising Tips

Mar 15, ’10 7:00 AM

The top 5 tips weekly post is always full of hints and tips for small, home & micro business owners. Try to focus on the benefits of what your product can do for the buyer, rather than its features. Make sure you have a consistent message across every advertising medium that you use. Talk to the newspapers / radio or TV…

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Good Business: A Reputation of Integrity

Mar 10, ’10 2:30 AM

Business Integrity: quality characterized by honesty, reliability, and fairness, developed in a relationship over time. When doing business, I think most of us would consider strong ethics and integrity to be top of the list of qualities we seek out in business partners. Reputation is extremely valuable in 21st century business. In an age of…

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Top 5 Tips for Writing a Staff Handbook

Mar 8, ’10 7:00 AM

The top 5 tips weekly post is always full of hints and tips for small, home & micro business owners. Write a draft version first and get it checked by your lawyer. Include policies on issues such as discrimination & discipline so that your position is clear and in writing. Make sure you include a disclaimer stating that the handbook is…

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Don’t Let Empty Pockets Hold You Back!

Mar 3, ’10 2:30 AM

“Empty pockets never held anyone back. Only empty heads and empty hearts can do that.” Norman Vincent Peale, progenitor of the theory of ‘positive thinking’. The process of bootstrapping can make it possible for even those with empty pockets to fulfill their ambitions if they have the head and the heart for it. Many small…

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