thebusinessexpert.blogspot.com
The Business Expert: 2008 Downturn or Not
http://thebusinessexpert.blogspot.com/2008/01/2008-downturn-or-not.html
Wednesday, 16 January 2008. 2008 Downturn or Not. In the last few couple of weeks I have been working with clients and helping them to make sense of the scare stories in the UK press about the impact of the sub-prime crisis and what some pundits are saying about the prospects for economy. I have just issued an article to a number of newspapers and business publications and the media. If you would like a copy of the full article,. Here is a taster of what I have written. Do you have a big overdraft? Reduc...
thebusinessexpert.blogspot.com
The Business Expert: October 2007
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Monday, 1 October 2007. Succession Planning for Smaller Businesses. Any business owner, especially those in a family business, will tell you how hard it was to establish their businesses, then build it and make it successful, let alone having to worry about how they might ever leave them! But those who are trapped in their business know is. Clarification - Exit Strategies versus Succession Planning. If they have ever approached business angels or venture capitalists, they most certainly will have! Set up...
thebusinessexpert.blogspot.com
The Business Expert: April 2007
http://thebusinessexpert.blogspot.com/2007_04_01_archive.html
Thursday, 26 April 2007. The 10 Business Commandments Essential to Success! Here are 10 essential. Business rules to follow as you start or grow your business, whatever business you are in the rules always apply. Produce a SMART, (Specific, Measurable, Achievable, Relevant and Time Based), Business Plan with a clear vision. Draw up and update your Cash-flow and Profit and Loss forecasts monthly, (there should be Actual. DON'T buy what you don't need or can't afford. ASK for problems then Solve them.
thebusinessexpert.blogspot.com
The Business Expert: January 2008
http://thebusinessexpert.blogspot.com/2008_01_01_archive.html
Monday, 21 January 2008. Lost Out On a Deal Recently? Just the other day, yet another customer said to me, “I just lost a big contract on price again; perhaps I should reduce my prices when I quote.”. That’s just plain wrong! What has happened is the customer was not convinced that they were getting anything better or extra for the higher price quoted. People buy differences and perceived value, don’t believe me? If you know a bit about cars here’s an analogy. There goes your profit margin…, and in...
thebusinessexpert.blogspot.com
The Business Expert: Raising Finance during the ‘Credit Crunch’
http://thebusinessexpert.blogspot.com/2008/06/raising-finance-during-credit-crunch.html
Thursday, 12 June 2008. Raising Finance during the ‘Credit Crunch’. Raising finance for a small business is always a challenge banks tend to be risk averse at the best of times so the current economic situation just increases the challenge. But the problem is not insurmountable but like all business issues preparation is the key. Identify the correct form of finance is critical; otherwise you will just be wasting time and effort. The business should consider changing the £3,500 debt into a commercia...
thebusinessexpert.blogspot.com
The Business Expert: Lost Out On a Deal Recently?
http://thebusinessexpert.blogspot.com/2008/01/lost-out-on-deal-recently.html
Monday, 21 January 2008. Lost Out On a Deal Recently? Just the other day, yet another customer said to me, “I just lost a big contract on price again; perhaps I should reduce my prices when I quote.”. That’s just plain wrong! What has happened is the customer was not convinced that they were getting anything better or extra for the higher price quoted. People buy differences and perceived value, don’t believe me? If you know a bit about cars here’s an analogy. There goes your profit margin…, and in...
thebusinessexpert.blogspot.com
The Business Expert: August 2007
http://thebusinessexpert.blogspot.com/2007_08_01_archive.html
Tuesday, 7 August 2007. New Requirements for Driving Impacts All Businesses! A new Government initiative designed to impact businesses employing 5 employees and over could still affect those with less than 5 staff. The requirements cover both employees driving company vehicles but also employees driving their own cars during work related activities even on a limited basis. Read the notes below and speak to us today. To find out how we can help you to comply at minimal cost, for more information Click here.
thebusinessexpert.blogspot.com
The Business Expert: December 2007
http://thebusinessexpert.blogspot.com/2007_12_01_archive.html
Monday, 31 December 2007. Looking forward to 2008? As tomorrow, 1st January is a UK holiday, I am posting this entry a little early so Happy New Year! The beginning of a new year is a good time to be thinking about what could be coming and anticipating what it means for the small and medium size business. So perhaps there may be a lesson for the retail sectors i.e. don’t panic and slash your prices too early. The UK Bank Base Rate is I believe likely to drop 3-4 times this year by a quarter of a point ea...
thebusinessexpert.blogspot.com
The Business Expert: Free Help for Businesses!
http://thebusinessexpert.blogspot.com/2008/01/free-help-for-businesses.html
Thursday, 17 January 2008. Free Help for Businesses! I knew that would get your attention! As a business owner you are probably as suspicious as me when you see something for free but sometimes there isn't a catch or you just need to go in with you eyes open. This is an example of the sort of help that can supplement other advice or training. Other sources like the free research that I mentioned that other day can be really valuable. Check out Ed Rivis website. Http:/ www.edrivis.com. Lost Out On a Deal ...
thebusinessexpert.blogspot.com
The Business Expert: Getting Closer to Your Customers
http://thebusinessexpert.blogspot.com/2008/01/getting-closer-to-your-customers.html
Friday, 18 January 2008. Getting Closer to Your Customers. One powerful source of help in developing your business is often forgotten, your existing customers. I said recently that you should understand what influencing them, i.e their market trends, how their needs are changing, how they feel about you as a supplier and what makes them tick. Help is at hand, there is a powerful tool that allows any business that has i nternet. Access to carry out electronic surveys. Check out Survey Monkey. Just think a...
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