Blog

Losing your job can be one of the most devastating things someone can go through and the results can be long lasting, possibly going beyond financial implications. Not only are there financial risks but almost just as damaging are the emotional consequences.

A small businesses can minimise their difficult periods and increase their growth by working smarter and taking advantage of potential opportunities. The following steps, when put into practice, can help to grow your business:

Inventory is the largest asset on your company's balance sheet and the biggest revenue generator you have. Therefore it is essentially the the lifeblood of your entire business.

When setting up a new business or preparing to upscale an existing one, obtaining financing is one of the first steps.

Rather than being considered as an obscure concept, cloud computing is quickly becoming the norm for small businesses everywhere.

Data loss can be extremely costly for small businesses, with reports estimating the total costs to exceed $2.1 trillion by 2019.

As an entrepreneur it is important to ensure you are getting the most value out of your resources. Typically this means spending only on necessities. However, what one may think is a waste of capital is often what is needed to survive. While some are expensive, they are highly worthwhile.

Utilising a customer loyalty program often brings many benefits to a business, and is simple to put into action. In addition to providing satisfaction for regular customers, there are several other benefits a loyalty program can bring, including these five:

Cloud computing is quickly becoming the norm for small businesses as storing information and using software hosted on the Internet allows for simple and accurate management of business finances.

In 2014 a survey of 500 small business owners was carried out, as to what they loved and hated most about owning their own business.