10 Must-Have Elements of a Successful Business Plan

June 20, 2017


While having a business plan is obviously a good idea — in fact, it’s a fundamental requirement — it must be robust, complete and accurate. Otherwise, it’s not going to steer your business in the right direction; on the contrary, it might take you over the edge or down a pitfall. What’s more, if you’re thinking about applying for a business loan from a bank or credit union, having an excellent business plan is mandatory. After all, if you aren’t sure of where you’re going, how and why, then lenders aren’t going to be filled with confidence.

With this in mind, here are 10 must-have elements of a successful business plan:

[Read more…]

Filed Under: Management Tagged With: ,

How to Use Alma Mater Connections to Build Your Small Business

June 20, 2017


You need lots of different tools in order to build a flourishing small business but the connections that you have at your disposal can prove to be the most useful. For instance, if you have lots of young moms in your inner circle, you can easily run a business that caters to children and babies. Likewise, business owners who are able to flash their Yale class rings have various ways to utilize the connections that they made while in college. Call upon past professors for business advance and learn which of your peers are working in similar industries. As long as you maintain relationships with those that you interacted with at Yale you can take your business further than most.

[Read more…]

Filed Under: Management Tagged With:

How to Improve Relationships between Freelance Co-workers

June 19, 2017


Businesses are increasingly using freelance talent in their workforce to either supplement what they already have, or replace the need for permanent staff. This can be a good idea, especially for smaller companies who want the team to work on projects, but don’t necessarily have the finances to hire someone full-time. Finding the right freelancer for your business is relatively straightforward, but there can be hurdles that you need to overcome.

When working remotely with freelancers, you have to talk with them effectively to get the best results and keep them on schedule; this means acquiring the right software, IT systems and communication platforms such as Skype. Here are some useful tips on improving your communication with your co-workers.

[Read more…]

Filed Under: Employees, Management Tagged With: ,

Don’t Let Your Business Struggle When an Employee Takes Time Off

June 19, 2017


It can leave you worrying about your company when a vital member of staff needs to take a significant amount of time off work. Whether it’s for maternity leave, or they have come down with a serious illness, it can leave you panicking how your company will cover the time off. After all, everyone plays a major role in your small company. However, it doesn’t have to be a disaster for your business. Here are some ways you can ensure your business doesn’t struggle when an employee takes time off.

[Read more…]

Filed Under: Management Tagged With:

A Quick Guide to Forms and Deadlines Required for LLC

June 18, 2017


By starting a business, you’re making a powerful statement to the world: you think you have ideas, products and services that can really make a difference. Good ideas, however, aren’t enough to get your business off the ground. It’s vital to also put a structure around your business so it can operate legally, and one of the best ways to do that is to create a Limited Liability Company, or LLC.

An LLC is one of the most popular types of business entities — it gives you the same protections as larger organizations, but without all of the paperwork, administration and costs. Creating an LLC isn’t complicated, but you do need to make sure you have all the right forms, agreements and other documentation in place.

Today, I’ll guide you through all the forms and deadlines you need to be aware of when you want to start your LLC. Let’s get into it…

[Read more…]

Filed Under: Management Tagged With:

Your Business Need Not Suffer From Your Injury Claims

June 17, 2017

Sponsored Post

 


When small business owners suddenly suffer a severe personal injury due to the negligence of others, it is all too easy for the business they have worked so hard for to go under. But with the right legal representation and “quick pursuit” of your rightful compensation, that OPEN sign need never come down.

[Read more…]

Filed Under: Management Tagged With:

How to Start a Successful Roofing Business

June 15, 2017


The first thing that anyone needs before starting any company is extensive understanding and experience in that profession. The same principle holds true for starting a roofing company. This means that you should have worked in roofing for many years and in a variety of different roles. From the “new guy” apprentice to seasoned veteran, all are necessary in order to garner a full understanding of this field. It also ensures that you have a deep appreciation for why all the roles are necessary and how they work together to complete the task at hand.

[Read more…]

Filed Under: Management Tagged With:

How this Lincolnshire Company Strives to be Environmentally-Friendly

June 15, 2017

Sponsored Post

 


For more than a decade, Lincolnshire-based Plastic Packaging Solutions (PPS) has provided returnable plastic and container solutions all over the country. Their aim has been to reduce the levels of ‘one trip’ packaging used within the logistics industry through hygienic equipment washing.

PPS Midlands was originally set up in 2002 as a plastic pooling business. However, as their product range increased over time, they now offer bale-arm trays, pall boxes, removable crates, roll cages and tote boxes, which resulted in their decision to expand into rental and hygienic washing of their equipment.

[Read more…]

Filed Under: Management Tagged With:

7 Ways to Increase Employee Morale

June 14, 2017


The need to maintain a high level of employee morale may sound like some vague or abstract idea but it actually isn’t. It’s as important as providing the right equipment or tools to employees. It’s as necessary as providing the right amount salaries, compensation, and benefits. There are many ways to help boost employee morale. Some of the most effective methods are as follows:

[Read more…]

Filed Under: Management Tagged With: ,

Why Becoming the Master of Everything Is Good For Your Business

June 14, 2017


When you start out in business, you can often feel like you have your specialism and that’s what you’re sticking too. After all, that’s why you hire staff or other contractors – they take care of the things you know nothing about. But, you could often by missing out by thinking in this way. When you’re forced to try your hand at everything, you may find a few surprising benefits pop up along the way. Although you may not become a master of every business operation overnight, you will definitely realize that giving it a go is good for your business.

[Read more…]

Filed Under: Management Tagged With: