6 Key Business Basics For SMEs

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In this post we look at going back to business basics, there are some key things that you should be focussed on from customers to goal setting to competitive analysis. Read on to find out 6 key business basics for SMEs:

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Five Tips for Savvy Entrepreneurs to Save Time and Money

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Money makes the world go around, but it’s also one of the biggest causes of stress — especially for entrepreneurs and small business owners. If you have a very small team or you’re running your business solo, it can be really easy to spend a lot more than you should, which is the quickest way to get into debt and lose your company. The number one rule to running a successful business is to be smart with your cash, time, and resources, so that you can invest yourself in better opportunities. Here are five tips to help you on the path to success. 

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Why You Should Reassess for Success

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It is vital that you continually reassess your situation. No matter where you are on the scale of success, it is a worthwhile exercise to take time out and re-evaluate. Here's why you should reassess for success: 

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Do You Know What Type of Insurance Your Small Business Needs?

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Do you know what type of insurance your small business needs? You should already have several insurance policies for your business. But if you are not sure what type to put in place, here's a guide to insurance for small business owners:

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Basic Principles of Supply Chain Management for Small Businesses

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Managing your supply chain as a small business can be a complex task and can feel overwhelming sometimes. Breaking it into 5 key areas can help streamline your supply chain management. Here are the basic principles of supply chain management for small businesses:

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Mentoring Supports for SMEs in Ireland

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It can be a lonely road as a business owner and sometimes you just need help to tackle challenges, understand how to grow and expand both your business and as a leader, and also grow your network. A business mentor can help with this process. Here are some of the places that offer Mentoring Supports for SMEs in Ireland.

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When Should You Move Out Of Your Home Office?

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Many entrepreneurs begin their journey by growing their young business from home. There are numerous reasons why this may be the case: they may have no requirement for a dedicated office or they may be looking to minimise costs in any way possible. However, the vast majority of businesses will reach the inevitable stage when their home office is no longer suitable for their needs. It can be difficult to decide when the right time is for making the leap and moving into an office. So when should you move out of your home office?

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3 Key Principles of Data Storytelling You Can Apply To Your Business

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From user sign-ups and mailing lists, website analytics, proficient CRM systems and a myriad of other data-capture methods, modern businesses have more data than ever at their disposal. While this data comes with numerous security, permission and GDPR considerations, it also affords businesses of all sizes a wealth of information about their business and their customers. But how can you use this data to tell compelling stories? Here are 3 key principles of data storytelling you can apply to your business. 

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Why It's Crucial to Pay Attention To Your Business Facilities To Delight Customers

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It may surprise you to learn that the washroom experience can make or break a company’s image, and that bathrooms have become a key battleground for your branding, reputation and the customer experience. In fact, research suggests that people are increasingly happy to spend a little extra money just to use a nicer bathroom facility - even if it means ordering a coffee in a cafe they weren’t planning on going to. Here is why it's crucial to pay attention to your business facilities to delight customers:

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5 Lessons From Henry Ford You Can Apply To Your Business

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Back in the 1900s, Henry Ford was presented with many of the same business challenges as the ones that are present today. The historic founder of Ford Motors was 40 when he created the company. His goal was to create a car that would be so affordable, everybody would be able to own one. What he did obviously worked as Ford cars are now considered to be one of the most popular vehicle brands on the market. So what can be learned from Ford’s success? Here are 5 lessons from Henry Ford you can apply to your business:

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How to Make Your Business Stand Out in a Crowded Market

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Does your business stand out in a crowded market? What differentiates your business from your competitors, and how do you make sure it receives the right attention? We speak to business leaders at the top of their game about how you can ensure you and your business make a positive lasting impression. Here are 10 key ways to make sure it gets noticed. 

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4 Virtual Office Services That Could Save Your Business Money

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Given the developments in technology and the opportunities that are available, virtual services are becoming more and more popular. With an increase in entrepreneurs and more small businesses starting up each year, the traditional model of a corporate office is changing. This process has been underway since the 1990s, but recent technological progressions and the current economic climate have contributed to a much quicker pace of change in the past few years. Here are 4 virtual office services that could save your business money:

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4 Ways to Maximise Efficiency in Your Business

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If you want to maximise efficiency in your business, you must take two initial steps. The first step involves identifying the business processes you use to conduct your business. Once you have identified the depths of your processes, you must then analyse them to figure out how you can improve them. Here are 4 ways to maximise efficiency in your business:

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A Quick Guide to Small Business Insurance

A Quick Guide to Small Business Insurance

The skill set required to start a business may often seem to be juggling (countless to-do lists), fire-fighting and crystal ball gazing. Building a business can be extremely rewarding, but without adequate protection in place the shiny new empire may be left vulnerable. From day one as an entrepreneur it is essential to have the right business insurance in place. Here is a quick guide to small business insurance:

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10 Things That Could Be Preventing You From Getting More Business

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There are businesses that do well. There are ones that hold the edge. There are businesses that lead the competition. And, there are the ones which struggle with getting more business. Here are 10 things that could be preventing you from getting more business:

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The Co-Innovate Programme and The Power of Partnerships

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Are you wanting to develop a new product, service or process? Have you ever considered a partnership to drive innovation in your business? Have you looked at The Co-Innovate Programme? Find out more about the programme and the power of partnerships:

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How to Create an Acquisition Strategy as a Small Business

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Many start up companies hope to eventually get acquired but don't have a clear acquisition strategy or plan on how to get there. In order to create an effective acquisition strategy as a small business, there are several aspect of their business that must be carefully planned out. While transparency is important, the particulars concerning the companies finance and legal aspects play a vital role in the success of the acquisition. In addition, there are organizational concerns, communication tasks and stakeholder assessments required. Let's take a look at developing a good acquisition strategy:

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7 Tips For Greater Focus At Work

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Trouble with focus and attention is a problem everyone has from time to time. However, work seems to bring it out the worst in some people. It often feels as if it should be easy. Just apply yourself and get to work. That's all you have to do. Yet it still feels difficult, almost as if "just apply yourself" isn't actually a solution! Here are 7 tips for greater focus at work:

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Why Your Business Needs to Focus on Sustainability (Plus 5 Simple Things You Can Do)

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From global fashion brands selling ‘conscious’ clothing to micro pubs serving ‘zero-miles beer’, today's companies are under increasing pressure to be sustainable. Here’s why your business should get a piece of the action and focus on sustainability,...
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3 Key Tasks That Small Businesses Can Outsource Easily

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Running a small business takes a great deal of finesse. It’s a job that can be stressful and time consuming, but outsourcing can relieve some of the pains of management. Outsourcing is a much better option than overpaying a full-time employee for tasks that don’t require in-house attention. Here are 3 key tasks that small businesses can outsource easily:

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