This is for people who are considering kicking a business venture off, rather than entering into an established business. All too often I talk to people who are going to start making a certain widget, selling a certain widget, designing a platform for this …
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You do not make the market, find the market and meet it
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The SME Owner’s Dilemma
I have fallen victim to it again. Work got busy – as it always does this time of year, and I became “busy and important” once again. My office is a shambles (organised chaos?!), and …
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Embrace the Strain
No one said it was going to be easy. If they did they are full of shit. Or deluded. It is vitally important to understand that in business you must have patience, diligence and the …
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If you are not a control freak do not go into business
(But know when to let go) Running an SME is not for the faint hearted, whether you are starting up, buying a business or taking over a business where you previously were an employee. There …
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Small Fish are Sweet
It is common that many small businesses take on projects and clients that are outside their capacity in terms of both expertise and resources. Don’t be fooled by the bright lights! Initially it might seem …
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What’s involved in selling your business?
Selling your business can be a stressful time and unless you’ve done it before, it’s hard to know what to expect or what’s required to get the right result. I’ve put together the top issues …
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Treat your customers well, and treat your staff better
I first heard this quote on a documentary about the Maloof family, who emigrated from Lebanon to the US and created a business empire across a number of business categories. I have also heard it …
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Cash is King
In business, and SME’s in particular, cash is king. Not that cash, cash flow. This, to me, is the most important thing to bear in mind when running a business. You might have the best …