Business Advice

How to Actually Work When You’re Working from Home

The Harvard Business Review recently released this video with some practical tips on how to work productively while working from home. 1. Give yourself a dedicated workspace A dedicated place that’s away from distraction. It’s extra helpful if you can shut the door. 2. Make a schedule and stick to it Pretend you’re not working […]

Slack’s guide to working remotely

Slack is a communication tool that works especially well for remote teams. Every day, all over the world, in teams large and small, people are working together remotely through Slack. Slack has put together a bunch of useful resources to help people work better—wherever they are physically. Check out the useful guide here. […]

Google’s advice for businesses affected by Coronavirus

Provide customers with updated info Google has put out some recommendations if your business has been impacted by COVID-19. It’s best to update your Google My Business profile to provide the most accurate information to your customers. For example, change your hours of operation if you’re closing early, or add more details to your description. […]

Monthly Cash Flow Forecast

Use the cash flow forecast template to compile a document that you can continue to use to measure your business’s health and progress. The template is split into two sections, “Sales” and “Less Payments”. Enter your sales figures into the first section and your costs into the second. The template will automatically calculate your sales […]

Increase your chances when applying for a business loan

Before you decide to apply for business finance, it’s important to have all the information at hand. The more methodical your documents are, the better your chances of success. Before you go and see your bank manager, prepare the following: How much it will cost to either buy or set up your business venture, including […]

Pitfalls of the home office and solutions

Feeling isolated The main challenge facing most home-based small business people is the feeling of being isolated from the mainstream of business life, resulting in lower motivation and a loss of work discipline. The transiton is most difficult perhaps for people who have moved from busy offices. Interruptions by family It’s hard to stop children […]

Running your business from home

More and more people are choosing (or being forced to) work from home given the current global pandemic. Making the transition to home-based operations – especially if it is a quick jump – can be tricky. This article explores the pros and cons of working from home and looks at ways to make your home […]

Break even calculator

Calculate your break even point using this handy calculator. Download the Break even calculator Want to chat? Please don’t hesitate to reach out to us. Contact us […]

Video Tools

Videos are great if you need to show a colleague how to do something or record some training. You can quickly record a video using these tools. Try Loom for videos. They’ve recently cut prices and removed limits to help those affected by COVID-19. Find more info here. You could also look at Soapbox to […]

Managing a cash crisis

Dealing with a sudden cash flow crisis, even if you’re working hard to avoid shortfalls, is hugely distracting and stressful. A formerly reliable customer might take much longer to pay than anticipated or a large consignment might fail to show up, leaving you out of pocket. If you’re starting a business, it could simply be […]

Read More… from Managing a cash crisis

Smart alternatives to raising capital

Before you go down the path of seeking capital from outside your business or borrowing funds, identify any other ways of raising capital. If you need funds then sometimes it’s not a loan that you need. Identify areas in the business to make savings There’s a good chance that you can generate at least some […]

Ways to reduce overheads

If you’ve been reviewing your business’s financial position and are looking for ways to improve your cash flow, one of the first things to look at are your expenses. As your business grows, so will your costs, but there are things you and your employees can do to keep them down as much as possible […]

Bootstrapping so you can keep going

Bootstrapping is figuring out how to reduce the cash you need to start, by eliminating any unnecessary overheads while finding out who will give you a hand. If for whatever reason you’re not able to raise enough capital to start-up you might be able to get what you need by ‘bootstrapping’ (finding what you need […]