How to find a good niche In business, finding a niche that can supply enough revenue is important. More entrepreneurs than ever are realising the importance of finding a narrow set of customers and catering their product or service to them. This allows you to focus your efforts on being great at a few things, [...]
9 reasons to switch to cloud computing Don’t be left up in the air by traditional IT solutions. Check out the top 9 advantages for businesses switching to cloud computing. Cloud computing is fast becoming the norm because storing information and using software hosted on the Internet has many advantages. 1. Save money Traditionally, a [...]
17 ways to get repeat business Q. I am finding it tough. Sales are slowing but I can’t figure out exactly why. No-one seems to be unhappy with what we do, and no competitor has entered the market. People seem to be buying less often and in lower numbers. Your existing customers are your most [...]
Lessons from three pricing stories Times were tough, so John decided he had to drop his prices below his competitors. The results seemed gratifying. Business picked up quickly and when John looked round his shop he could see his sales staff were always busy with customers. Then came the call from his accountant. “Aren’t the [...]
Get free business advice Part of our new website is the business resource centre. You’ll find lots of free advice on everything from starting to selling a business. There are detailed guides on topics including: The importance of business planning Advertising that works Developing employee skills You can also download Excel templates to help you [...]