A Factsheet from One of the hardest calls a small business owner makes is when to recruit their first employee. Bring someone on board too soon and you might not have enough steady income to cover their wages. Wait too long and you risk burnout, turning down work, or losing customers because you can’t keepContinue reading “When to Hire Your First Employee – and How to Get it Right”
Category Archives: Liz Barclay
Using Micro-Investors and Crowdfunding to Raise Capital
A Factsheet from Register at http://www.business111.com for more factsheets By Liz Barclay Raising money for your business no longer means waiting weeks for a bank to say yes. Crowdfunding and micro-investment platforms have opened up new ways for small businesses to get funding directly from the people who believe in them. These may be customers,Continue reading “Using Micro-Investors and Crowdfunding to Raise Capital”
Using AI Tools Without Losing the Human Touch
A Factsheet from Artificial Intelligence (AI) is no longer the preserve of big corporations with vast tech budgets. Affordable tools are now available for small and micro businesses from automating admin and invoices to speeding up marketing, analysing sales data and providing 24/7 customer responses. Using AI can save time and money. However it canContinue reading “Using AI Tools Without Losing the Human Touch”
Running a Lean Stockroom
A Factsheet from Every item in your stockroom is money sitting on a shelf. If it’s not moving, it’s tying up cash you could use for something else. Lean stock management isn’t about running out of goods, it’s about keeping just enough to meet demand without overbuying. Where to find help A lean stockroom meansContinue reading “Running a Lean Stockroom”
Exporting: Taking Your Products and Services Overseast
A Factsheet from Selling overseas can open exciting opportunities to connect with new customers, bigger markets, and more revenue. But it comes with challenges. Research your target market thoroughly. Is there demand for your product or service? What’s the competition like? Are there cultural or legal differences that might affect sales? The UK Government’s ExportContinue reading “Exporting: Taking Your Products and Services Overseast”