COVID-19 caused businesses of all sizes in every sector to almost instantly take a massive hit that disrupted their income and destroyed their custom. When the worldwide lockdown started closing down small businesses, owners had to act fast and think outside the box if they wanted to make money. Restaurants started offering takeaway, gyms created online workouts, and employees everywhere started working from home. The going was certainly very tough for many of us. But small businesses eve..
Whether you’re a seasoned investor or exploring investment opportunities for the first time, you probably don't need us to tell you about the importance of managing risk through diversification of your portfolio. When it comes to diversification, there are several ways you can go about it. Rather than looking at diversification through a lens of different investment types, here we're going to explore hybrid funds specifically. Why are they an ideal vehicle if you're looking to diversify..
Even though offering more money helps to put a smile on the faces of your employees, this isn’t the only method an employer can use to keep the personnel happy and cheerful. Offering better benefits, learning to say “thank you,” being transparent, and boosting their work-life balance are all ways you can use to assist in boosting employee morale. Below is a look at some of the techniques you can use to keep the team happy without having to provide them with a raise. 1. Prioritise W..
There's not been a tougher time in the last decade for businesses across the globe than right now, and while many consumers are itching to get back to their buying habits and to re-stimulate the economy, there’s a long while yet before things get back to normal. If you're a small business owner and have seen a noticeable decline in your revenue, customer inquiries or anything else finance-related, then you may be creeping into panic mode. We know how hard it can be to see all of your ti..
A business owner once told a friend over dinner that he had a beautiful recurring dream. He opens his shop on a Monday morning, and smiling customer after smiling customer start coming in and paying double for everything. But raising prices isn't a dream at all. Increasing prices is a must for every single business. So why doesn't he just double his prices in real life? A price increase has another potential effect that definitely isn't a beautiful dream. It could wipe the smiles off cus..
We’ve all had that moment. Whether it’s painting, stamp collecting, baking or rock climbing, in the middle of enjoying our favourite pastime the question “Why can’t I get paid for this?” pops into our head. Well, why can’t you? Turn your dream into reality by turning your hobby into a bonafide career or at the very least, a part-time one to supplement your income. There are loads of ways to monetise your hobbies, and with a bit of know-how, hard graft and studying it is possib..
Small business website packages are ideal for most businesses. You get a fixed price website design and all the features included are set so you know what you're getting right? Too often business owners fall into the trap of purchasing a web design package before they really understand what's involved and what they really need for a successful website. In this buyers guide to website packages I'm going to take you through the essentials of any website design based on over 10 years experience..