Poor bookkeeping horror story: a bean counter’s tale
If you think that bookkeeping and accounting fees are high, consider this horror story, which could be the one tale that gets business owners thinking about their own business.
Opinion
If you think that bookkeeping and accounting fees are high, consider this horror story, which could be the one tale that gets business owners thinking about their own business.
The biggest and potentially most damaging things business owners fail to do is understand their target market and understand them intimately.
Too many businesses have written up their business plan and dusted their hands. Full steam ahead, right? Yes, but make sure it’s only to the next stop.
You’ve put in the hours, you’ve watched your business grow and thrive. Now you’re ready to reap the well-earned rewards. But is your business ready?
We’re going to start this piece off with a rather uncomfortable truth: sooner or later, you’re going to fail. It doesn’t matter who you are or what you do.
While there is no one-size-fits-all strategy that will work for all small businesses, there are some fundamental principles that can be helpful for small business owners.
While many focus on utilising a bundle of security solutions in hope of finding a ‘silver bullet’ to fix its security woes, many forget the basics.
Growth and profitability can be achieved by focusing on one or two areas at a time and working up from there.
A business with good systems in place will know when a cash crunch is coming and will be ready for it. Unfortunately, most SMEs are not as well organised and, when a problem occurs, it tends to hit them right between the eyes.
What if your website was actually harming your credibility, and causing customers to doubt your trustworthiness and reliability?
The small business and charity sector have more in common than many would realise. Without both the country may very well grind to a halt.
While some types of delays are completely unavoidable and out of your control, there are some things you can do to make your traveling experience faster and more enjoyable.
A highly mobile workforce and their drive towards ad hoc, instant collaboration in addition to scheduled meetings has led to new ways of collaborating within and across organisations.
While it’s true that the hard work we’ve put in to get our business off the ground warrants monetary appreciation, it’s important to find that limit of self-pay that stops you from eating into the business itself.
Hopefully you’re fully aware that support for Windows Server 2003 will end. If you’re still running the platform after this date you will be vulnerable to significant security risks compromising data records.
Constant reinvention across all industries and sectors characterises the way business is being run in the digiworld. Those with bigger capabilities are winning.
While it is true online marketing is a great leveler and a great opportunity for small business owners, the fact is old-school marketing can still work wonders.
In spite of not being completely naïve when I started Next Marketing, I quickly discovered how much I didn’t know, and how much being an entrepreneur differed from my expectations.
The perception often exists that the biggest threat to an organisation is external, however, it’s almost always internal inadvertent causes that are related to an external targeted attack that pose the greatest problems
The search for that much-needed dough to kick-start a business plan into fruition can prove to be a difficult and stressful task, with many business owners making detrimental choices out of desperation.