Business Advice's archives
Small Business Ownership: Pros and Cons
Pros Pay: Small business owners are more likely to have high incomes. If you’re successful, all the rewards will end up with you! Personal Goals: It’s up to you how successful you want your business to be; how much money you want to make, what hours you want to work, what kind of environment you choose to work in, and who works for you, rather than who you work with. Success is completely in your own hands. Retirement [+]Small Business Accounting Software
When you decide to start a small business in today’s unstable economic climate, it can be frantic, difficult and highly expensive. Initially, you may think it’s just a case of buying or making products and selling them for a profit, right? Wrong! If you fail to keep your books properly in order, your new company may head for bankruptcy just as it’s gets up and running. For these reasons, it’s vital to organise your accounting system [+]10 Tips for Starting a Home Business
If you’re thinking about starting a home business and need some guidance, the following tips will give you some ideas and pointers on where to focus your energies. 1. Select your products/services: The first step is always the most difficult and most important. It is always best to choose a product you have good knowledge about or a service that you can offer. Equally important is to choose to do something you enjoy doing. 2. Research the competition and [+]More Post Strikes Ahead
The UK can expect “more strike action, for longer periods” according to the Communication Workers Union (CWU). Royal Mail and post union chiefs have been meeting at TUC headquarters all week and have still failed to come to an agreement. The CWU’s postal strikes are underway in their second phase and affect the whole country, with approximately 44,000 members going on strike on Thursday. More 24 hour strikes are due to be held on Friday and Saturday, with [+]Online Pricing to be Scrutinised
An investigation is set to be launched by the Office of Fair Trading into online pricing practices. Part of the investigation will focus on price comparison websites, which make claims to offer the best deals. It will also look into a procedure called “drip pricing,” where added charges are included as the purchase progresses. Customised pricing, where a consumer’s internet usage is analysed and used to form a price. The investigation is being welcomed by Which? Magazine, who [+]Union Pushed to Withdraw from Postal Strikes
Union members are being asked by Royal Mail to call off all planned postal strikes, with the proposal to include conciliation service Acas in discussions over modernisation. Talks are back on course between the Communication Workers Union (CWU) and Royal Mail in a desperate attempt to resolve all problems without the need for strikes. Talks resumed following the Royal Mail’s decision to take on 30,000 temporary staff, an action condemned by the CWU as a “stupid move.” [+]How to Plan for a Trade Show
The following will look at some simple ways to generate the most interest when displaying at a trade show. These tips and tricks come from some of the most experienced trade show users. Set a realistic goal: this is one of the first steps that you need to take when considering setting up a trade show booth. All members of your company need to agree on the goals before setting foot in the trade show, from [+]More From Choose a category
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