The Essential Elements Your Coaching Business Needs To Be Successful

In my previous post on turning your talents and skills into a profitable online coaching business you discovered why you shouldn’t focus on just building a blog to sell ads or affiliate products but instead use your skills and experience to start an online coaching business.

In that post I also shared with you some possible coaching business ideas you can start right now with your blogging skills. This post is a continuation of that post.

Having established the fact that a coaching business is ideal for anyone who wants to make money online with their skills I want to share with you some proven strategies that will help you succeed with your coaching business.

Now, it will interest you to know that a research finding a few years ago showed that about 68% of adult Americans dream of starting their own business someday.

This is not just because entrepreneurship is the surest path to becoming a millionaire but because owning your business frees you from the 9-5 drudgery – it gives you control of your life!

Your own business means you’re pursuing your own passions and not someone else’s, enriching yourself and your family instead of your boss.

But here’s the amazing thing about that research finding: less than 10% of those who have this dream take the steps to actualize their dreams!

Wondering why?

For most, it’s fear.

Fact is starting a business seems downright complicated, whether online or offline. If you’re abreast of the stats then you should aware already that about 90% of all new internet businesses fail within the first 120 days! That’s really off-putting, but yours don’t have to be among that 90%.

The good news is that businesses started by experienced business people have more chances of succeeding. What this means is, if you take the time to learn the skills necessary to run a profitable business, you have an excellent chance of making a fortune.

In this post I want to share with you some of these skills and strategies.

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Thinking of starting your own coaching business? Then download the Online Coaching Business Blueprint to learn all the necessary skills and insider secrets today.

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Make more money online with your business

Setting Up and Implementing Your Coaching Business

Before we delve into the strategies for making your coaching business a success let’s briefly talk about setting it up. Of course, once you’ve decided on what type of coaching business you want to start, your next move is to set it up.

Whatever coaching business you want to build can be started the same way. First, you’ll need to put in place a good plan and follow that plan exactly how it is because consistency is important.

With your plan you should include a mind map of each component of your business. You can search Google® for some sample mind maps. What this does for you is that you will be able to see all the different components in one place. You can add more or take away some as necessary. Having an illustration like this right before you will help you gather all the ideas possible to set your business up and run it effectively.

All you need to do is to take each section of the mind map at a time and figure out an order to put them in. There is no wrong or right order here, but your instinct may tell you to do certain things before others. Follow that instinct and refer to your resources. This may require more research to see if there is any logical order to implement your business in.

After this, take one piece at a time and execute it. Then observe what happens. The parts which work best will require less attention. Take those pieces which did not deliver an ideal outcome, focus on them and try to work out a way to improve it. Once it improves, keep executing it. Repeat this now and for the life of the business.

Note that things will change as your business grows. What worked one time may not work in the future. So always be open to creating new plans for your business. Remember to also be consistent.

How to Get Coaching Clients

Make mobile buying easier on your site

One of the things you’ll be doing throughout the life of your business is creating a consistent flow of clients for your business. You do this through effective marketing.

Now, no two businesses are alike, so there is no right way to market that will work every time. It doesn’t matter who tells you so. There’s no marketing method that works with certainty.

It is best to do some research and test your own methods out. Remember that you can research the internet, but test and prove things out yourself. A lot of blogs and websites are out there pushing out whatever they like. What you should rather do is get a good number of sites, compare the sites and blogs with the credible information you found and take the marketing ideas that make the most sense and use them to guide you.

Marketing should also be treated just like selling. As there are different selling styles, there are different sub-categories for marketing your coaching business. For someone who wants to build a successful online business it’s important that you pay attention to these sub-categories which are relationship marketing, social marketing, and content marketing.

Why I chose these three marketing sub-categories is because they are extremely important in a coaching business. There are other styles out there in the world but the main focus here is to help you with some basic ideas so you have a foundation to base things on.

Let’s now talk about these sub-categories of marketing.

1. Relationship Marketing

Relationship marketing is a fairly new concept as it stands, but in reality, it is something that you’ve already learned while in working a job. Remember you were told to treat the customer so they feel as if they were welcomed in the store or company? Yes, that something about the customer being the king!

This builds a relationship with the very people you want to do business with because you make them to feel at home.

Another way to build relationships with your customers or clients is to remember things about them. When you see them face to face, try and remember their name. When they give you their information send out a birthday, holiday, or anniversary card which can help build a stronger relationship.

This is one marketing category you want to be focused on more than others. The more personable you can be, the better your business will run. Those who are experts in relationship marketing and can relay the importance of this concept can expect to have an easier time growing their coaching business.

2. Social Marketing

This category has been around, but there are some important ground rules to adhere to. Do a bit of research on the different ways you should market through social media. It is more than just putting an affiliate like on your Facebook wall or on you Twitter feed. You have to engage the audience every way you can and NOT seem like you are just trying to get them to click a link and buy an affiliate offer.

Once you understand the ground rules, the sky is the limit with social marketing. You can join groups and go on message boards, but be warned, you want to build rapport with the members first. There are some places like the “Warrior Forum” that are designed for internet marketers. You still need to build relationships with the members before you dive right in and post your ads.

3. Content Marketing

Content marketing has been around since the written word. People have been finding ways to communicate with other people since language began. It is something that will not soon die out, so this should be another of your focuses when it comes to marketing your coaching business.

There are many other marketing strategies but focus on these ones for a start and you can be sure of success.

Conclusion

As I have mentioned earlier setting up and growing your coaching business requires a lot of patience and consistency on your part. Besides this you need the right knowledge. I recommend that you get the Online Coaching Business BLUEPRINT for all the insider tips and strategies you need to build your own online coaching business.

Get it now and save 80% on the cost.

How Your Small Business Can Collaborate With Others for Better Results

Ever heard the saying, a tree cannot make a forest? How about no man is an island?

There’s no doubt that you’ve heard that a hundred times. Now, the truth is that doesn’t just apply to humans only. Businesses too stand to gain a lot when they collaborate.

Considering the challenges of the business environment these days the idea of small businesses working together shouldn’t be toyed with. As a small business entrepreneur working with other similar businesses can help you overcome most of the challenges in the marketplace.

Some of the benefits from this include gaining fresh ideas on running your business, leveraging the power of togetherness to compete more favorably in the marketplace, tap into the knowledge and experience of partnering businesses, etc.

Fact it, collaborating with other businesses is better for you than flexing your muscles and competing with everyone else out there. Of course, I understand that you’re proud of your business’s ability to fend for itself. But you need to be careful because that kind of lone wolf attitude will only take you so far.

As I have said before just as no man is an island so also no small business is an island. Your small business functions as a part of a much large ecosystem, and it can really benefit from working with and collaborating with others.

If the idea of small business collaboration fills you with trepidation, then here are a few suggestions on how you can do it properly…

Tips for small business collaboration

How to Collaborate With Other Businesses

1. Find Companies That Can Do Things and Provide Things You Can’t

Your business might be great, but it can’t do everything for itself. That would simply be unrealistic.

You don’t have to fall into the trap of operating your business like a one-man band. There are companies that can assist you with logistics or technical issues that are hard to get your head round. Then there are financial service providers, such as smallbusinessloans.co, that can help you out too. Those are just a few examples among many others.

There is always going to be people out there who can solve problems you can’t by yourself.

2. Embrace Mutual Benefits

Any and every relationship your business has with another should be mutually beneficial. If it’s not, then it’s simply not worth pursuing any longer.

Go to socialmediaexaminer.com/how-to-use-social-partnerships to find out how marketing relationships can be fostered to everyone’s benefit. This is something that you should embrace, as long as you’re not trying to set up partnerships with direct rivals. That’s something that should always be avoided, but there are still many companies out there to work alongside.

Explore the options and don’t ignore the opportunities out there.

Mutual benefits of small business collaboration

3. Be Open to Learning When You Collaborate

As an entrepreneur, it might be easy to think you know it all, especially if you’ve had some success already. However, you should always be open to learning new things and embracing new experiences. When you do that, you will change your own conceptions and make your business better placed to increase its appeal.

Never go into this kind of project with a closed mind because you will only ruin the experience for yourself and your business. And that makes no sense at all. Go into this with a completely open mind.

4. Build Trust and Work Through Issues Constructively

Trust is going to have a big part to play in all of this. If you don’t feel like you can trust the people you’re working with, or they don’t trust you, that’s going to cause very real problems for your business.

However, trust can be built, and it always takes a bit of time to reach that point. It’s about proving to each other that this relationship is worth it. And when issues and differences do arise, critique and make your case in a constructive way.

Basic decency can go a long way when managing business is relationships.

Ways for small businesses to work together

Conclusion

While the idea of two separate companies working together may appear not practicable, in the post I have just shared with you briefly what this can do for your small business and how you can go about it. I’m sure you can now understand what it means to work with others and how you can manage problems, when they arise from your collaboration. It’s now your turn to get out there and start collaborating. It could be exactly what your business needs.

Want to Motivate Your Employees? Try These 3 Simple Tricks

Employees are an important part of any business. It doesn’t matter what industry your business is serving. When your employees are motivated enough they will always put in their best and your company will be the best for it.

Unfortunately, this is one area that many have find to be really hard when it comes to running a business. Keeping their staff motivated enough to keep things interesting is challenging. But one thing is sure even if your workforce is passionate about your industry it doesn’t take long before the repetitiveness of the 9 to 5 schedule starts to wear away at the passion and determination of the employees. This is especially so if they’ve been working on the same project for a long time and repeating the same tasks day in and out.

Once your employees feel disengaged with the organization productivity is bound to drop. When this happens, sales will definitely drop also and you can be sure that from that point onward it will be a slippery slope downwards. It doesn’t matter whether you have a workforce full of intelligent and experienced individuals.

Quotes on Motivating Employees

Motivate Employes to increase productivity

Here are some selected “motivating employees quotes” that will help you understand the important role this can play in any organization.

“To win in the marketplace you must first win in the workplace.” – Doug Conant, CEO of Campbell’s Soup

“When people are financially invested, they want a return. When people are emotionally invested, they want to contribute.” – Simon Sinek

“Employees who believe that management is concerned about them as a whole person – not just an employee – are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability.” – Anne M. Mulcahy

“The way your employees feel is the way your customers will feel. And if your employees don’t feel valued, neither will your customers.” – Sybil F. Stershic

You can say every one of them is right in every way right? So, how can you put a smile on the face of your staff so they can be motivated again? How can you relight that fire and passion in their eyes once more? In short, how do you keep your employees motivated in order to increase productivity?

Satisfied employess

Fact is, as a small business there are simple ways to motivate employees and increase productivity without spending a lot of money. Below are some practical ways that have been proven to work wonders.

3 Simple Ways to Motivate Employees to Increase Productivity

1. Offer Incentives

The best way to keep your employees engaged at work is to switch things up. You need to incentivize your workers to try harder and a new objective is a great way to achieve this. Simply stating that the business has a new plan or a new project on offer isn’t enough; you need to let your employees know how the company is making changes to benefit them.

Money is a huge incentive, obviously, and offering rewards in the form of bonuses for those who make the most sales or perhaps even offering a promotion for the top seller of the month are both ways in which you could offer a chance for progression and change within the company. It’ll certainly motivate your staff again.

Incentivize performance

2. Create A Nicer Workplace

Whether at work or at home, we are affected by our surroundings. You likely didn’t need anyone to tell you that, but it might be time to take another look at the workplace in which your business is situated. Does it look appealing? An uninspired working environment will lead to uninspired workers, so it might be time to create a nicer workplace if you want to lift the mood amongst your workforce.

You could browse through office cubicle options online if you’re stumped as to where to begin with your office redesign. Much like interior design at home, you don’t have to spend a fortune when it comes to improving the workplace; simply put some thought into warmer lighting, brighter colors, and perhaps a more exciting break room with a TV or table football for employees to enjoy.

Create A Nicer Workplace

3. Provide Training Opportunities

Your workers want to feel as if you’re invested in them, and taking the time to train your employees so that they can achieve more shows that you value their contribution to your business and you want them to stick around. It might also show that you see the potential for workers to progress up through the ranks of the company and you want to prepare their knowledge and skill set for that opportunity.

Conclusion

Ultimately, motivating your employees to get the best out of them is simply by treating them as humans and not some machines or piece of software. Make them feel wanted and appreciated and you would have given them enough motivation that will result in more productivity for your business. Simon Sinek, quoted above, definitely was right when he said, “When people are financially invested, they want a return. When people are emotionally invested, they want to contribute.”

So, what do you say? What are your top tips for motivating employees in the workplace for increased productivity? How about watching this short video for some ideas?

Share your thoughts in your comments below.

Hiring an Online Marketing Agency? You Should Ask These Questions First!

There’s no doubt that in our today’s digital economy any that wants to thrive needs to be online. They needs MUST have a presence on the web and ! So, it’s not a question of, should you but how are you going to do it?

The question of how is very important because most firms seldom know how to promote themselves online. Of course, some might have prior knowledge of web and social media marketing but, even in such situations, they simply might not have the time to carry out such tasks. In either situation the easiest way out for these businesses is to turn to Internet marketing agencies for help.

So, are in you in any of these situations? Are you thinking of hiring an for your digital marketing needs?  Is that something you feel like you need to do?

Now, there is a plethora of digital marketing service providers out there that can help you. However, before you select one and spend your money with them, there’s one thing you need to do first. And that is to ask them the right questions before hiring them. This is very important because whatever amount you spend on these services is an investment and as a wise business person you want to see a return on your investment.

So, what are these questions?

Glad you asked! Here we go…

Working online marketing agency

Top 5 Hiring Questions You Need To Ask Digital Agencies and Why!

1. What Types Of Clients Have You Worked With In The Past?

As you can appreciate, it’s vital that you find out more about the clients they’ve worked with in the past. For a start, you want to ensure that they are a genuine, legitimate service provider. But, you also need to know that they can cater for your business and industry.

It’s reassuring when agencies have prior knowledge of working with companies like yours. That means you don’t have to spend time explaining in-depth what your industry is about. Plus, it’ll help you to gain a competitive edge. Bona-fide agencies will be happy to tell you about the types of clients they’ve worked with.

2. How Will You Help Me To Achieve My Goals?

Decent search engine marketing agencies will provide custom solutions to their clients. They won’t sell “off-the-shelf” packaged services. Instead, what they will do is with their clients to learn about their project goals.

For example, does the client want to increase brand awareness? Perhaps they wish to capture a new target audience? Or maybe even take advantage of flaws in a competitor’s offerings? Whatever the goals, good agencies will work with you to achieve your business goals.

How will you measure the success of each online marketing campaign?

There’s no point paying for a service if you can’t measure how successful it is for your business! It’s something that applies to online marketing. And you need to remember that fact before you hire an agency!

Your objective here is to learn how the agency will report on the success of your campaigns. That way, you can both determine your ROI and make adjustments to increase it.

Hiring an Internet Marketing Agency

3. What Services Can You Provide?

Some providers will offer nothing more than search engine optimization. Others can provide a whole host of complimentary services. For instance, some agencies can take care of your web design needs. They may even set up PPC (pay per click) campaigns for you and optimize them.

Other agencies can even help with things like branding and logo design. It’s important to list exactly what you need help with before you hire an agency. That way, you can find a provider that will meet your needs and offer a comprehensive solution.

You might, for instance, need help with curating fresh content for your blog. Many agencies can offer copywriting services. And they can also get used for the creation of press releases too, for example!

4. Are You Going To Outsource Any Of The Work?

Transparency is crucial when it comes to controlling your marketing campaigns. You need to know what tasks the agency will tackle in-house, and the ones that they will outsource.

Why does that matter? Well, the answer is simple. You want to ensure that you’re paying for skilled and experienced people. Not someone with little knowledge and a poor understanding of your industry.

There is also the ethical side of things that you may feel is important too. For example, are the people doing the work getting a fair pay? Or is the agency making high profits by outsourcing to third world providers that don’t pay well?

Digital Marketing Agency Outsourcing tips

5. Who Will Be My Point Of Contact?

It’s no secret that some marketing agencies have teams that comprise dozens of employees. Others might be smaller, close-knit ones. In any event, you need to know who to contact if you have questions or complaints.

The last thing you want is to get passed around to different people within the agency. Remember that you’re going to be paying a significant amount of money. In return, you expect a high level of service. It’s crucial, therefore, that you have a specific point of contact within the agency.

Conclusion

Marketing your business online a good investment but if you’re getting an agency to do this work for you you shouldn’t just leave things to chance. Use the above questions to onboard the right online marketing agency. This will save you heartache and regrets later.

Hope this article has been of use to you. So, what do you think of these tips? Will love to know what you think about of this topic. Share with us in your comments below.

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How to Resolve a Shareholder Dispute and Keep It from Affecting Your Business!

Do you own and run your business in partnership with a friend, acquaintance or relation?

Is your business now facing problems because of disagreements with your partner or co-owner?

Pooling resources together to form and run a business has always been an age-long practice.  Because of the various advantages accruable to this, not only traditional brick-and-mortar businesses form partnerships. Right now, many internet-based businesses are taking this route. In fact, many of the very popular and successful online businesses today are owned not by individuals but various persons who individually has a shareholding in the business.

The unfortunate thing however, is that partnership can sometimes go sour. Individual visions for the business could along the way become diverted. Relationship between the shareholders could go sour. And of course, these differences could seriously affect the performance of the business.

How to Resolve a Shareholder Dispute

So, what do you do when disputes arise between shareholders?

There are several options to be considered when you are facing a shareholder dispute in your business. As already mentioned, these can be potentially disastrous for your business. So, you want to resolve them as quickly and cleanly as possible. Unfortunately, that’s not always easy. But here are some options to try.

1. Compromise

Compromising is something that many people find hard to do. But when you have two people pulling in different directions, compromise is often the only option out there. If you can concede some ground and they can concede some too, the problem might be resolved in minutes! It’s all about finding that right trade-off. You can give them something that they want, and you can have something you want. Neither side will be entirely happy with the solution that is reached, but that’s the nature of compromise.

However unappealing it might seem to you right now, it’s surely best to put the dispute behind you as soon as possible, right?

2. Check the Law

These disputes can sometimes be resolved cleanly by consulting the law. When two people disagree on a certain issue, sometimes there is no way of coming to a resolution. But on other occasions, it might simply be a case of one person being right and the other person being wrong. If the law around shares and businesses lays it out in black and white, then no one can really argue with the outcome. This often takes time though. It means checking and rechecking laws and consulting past contracts that have been signed by those concerned. It’s something that should be tried if it applies to your situation.

3. Force Them Out

If things are so bad that you can’t possibly reach a settlement with the person who you are in disagreement with, forcing them out is an option. It certainly shouldn’t be the first thing that you try. But if nothing else is working for you, it is an option that should be looked at. First of all, offer to buy their shares. If they are as sick of the dispute as you are, they might be tempted to sell up and move on. If they are not willing to sell, this post on how to remove a shareholder from a Ltd company might help you. Some deals come with built-in departure option which can be triggered by a dispute too. So, consider that.

4. Work in the Interests of the Business

Sometimes, these disputes are not really about the business. Often, they are about personal disputes, agendas and vendettas. But these personal concerns should not be allowed to affect the performance or results of the business. So, if you are squabbling with a shareholder for no real reason, you should both aim to work in the interests of the business. This is much better for everyone. If you can both agree to put aside your differences and do what’s right for the business as a whole, everyone will benefit in the long-term. If this isn’t possible, you might have to consider the options discussed above.

Conclusion

Shareholder disputes are not a good thing for any business. You formed that partnership to get the best from your business. If, for any reason disputes arise it is important that you take actions and right on time. The above tips and suggestions will definitely help you resolve such shareholder disputes if they rear their ugly heads!

Online Business Security Issues: Common Mistakes That Can Leave You Open To Attack

The Internet is a fantastic tool that every business owner on the planet would struggle without. It has taken something as difficult and complex as business and simplified it to make succeeding a whole lot much easier. Though success might not be a guarantee, but it is more likely than before.

However, for all its benefits, there are a lot of weaknesses also. The main one is hacking and cybercrime. Businesses have never been more vulnerable because hackers can access every piece of information. This means you cannot afford to make a mistake which could result in you losing your valuable business information and, possibly, cash.

How to avoid being a victim of online business attacks

So, how do you avoid this happening?

Of course, there are a lot you can do. One of such is learning about the most common mistakes that can expose your business to cyber criminals. Knowing these mistakes and what to do should enhance your security for the future. That being said, in this post you will learn some of these common mistakes and what to do about it.

But first,

What is Internet Business Security?

This can be simply defined as the protection of business data from theft, loss or unauthorized access, use or modification. Over the years, reports of cyber attacks on some big companies like Yahoo! and Ebay have made major headlines at one time or the other. Ironically, many small business owners lose sight of the fact that while attacks on big companies are quick to make the headlines there are many attacks on small businesses that are not being reported.

Besides, while many of these large companies are now getting the services of full-time security experts to maintain their business network security, the opposite is the same for small business owners. This is because they can hardly afford that luxury. For the small business owner it is therefore imperative that they know what to do to secure that business online.

Top 5 Cyber Security Mistakes Every Business Should Know/Avoid

1. Not Securing The Wi-Fi Router

The Wi-Fi is connected to your entire server. That might not mean much, but in reality it is a massive deal. It means that hackers can bypass your security protocols by going through your Wi-Fi connection. Ultimately, they go through the back door. Something as seemingly insignificant as your Wi-Fi connection could cripple your entire business.

2. Not Securing Your Email Accounts

Just like your Wi-Fi router, work email accounts are also often connected to the server, so the same rule applies. The problem you have in many respects is that you cannot trust your employees to use secure passwords. Most employees don’t use their usual password because it is only a work account. What difference does it make? They don’t have sensitive information stored on their work account. You, on the other hand, take a lot of interest in their work email account. It is best to create a random password for them, so you know that everything is safe and secure.

3. Using Free Or Poor Quality Antivirus Software

The free version of antivirus software is not up to scratch. For your laptop or tablet at home, it works fine because the threat is lower. But, for your business, you need a comprehensive package that will cover every possible threat. Quality software is a must, and it is worth spending that little bit extra just for a piece of mind. How do you know what is the best antivirus software on the market? Simply do a bit of research. Forums and product reviews are always a good choice because they are impartial.

4. Being Too Trusting

Attacks don’t just come from outside of the business. There are people that will take advantage if you do show any signs of weakness. It might be cynical to say so, but it is naïve to think you can trust everyone in your business. For that reason, only divulge information to a select few people so that you don’t leave yourself exposed.

5. Not Backing Up Offsite

Finally, get hold of an external hard drive and backup all of your files. Then, take the hard drive and put it somewhere secure. It doesn’t matter where you put it, as long as it is secure and not on the business premises. If you are attacked, you will need to rebuild. If, however, you only back everything up on your server, you won’t have any files to help you restore the business.

Conclusion

As you can see from the above, while online security can pose great threat to small businesses, it is not entirely hopeless. Simply knowing what the risks are, how vulnerable your business is, how cyber attacks could potentially affect your business and what you can do to prevent such attacks can all add up to help you prevent such attacks. You don’t have to be a security expert to do this. Empowering yourself with the right information, like the above, is sure to help you protect yourself and your business.

4 Critical Business Tips That Will Keep Your Accountant Happy While You Pay Less for Their Service!

As a small business owner, whether you’re just starting or you’re already up and running, there is one business relationship that could be the most valuable to you – the relationship you have with your accountant. This is actually a simple relationship in theory – you pay them money, they save you money. But, as with all other business services, you have to get it right for things to work well.

Accountants are, by and large, highly organized people. So, it would be fair to assume that, often, when things go wrong it is often the fault of the small business owner.

Let’s say that you leave it to the last minute before handing over your annual receipts, for example. It’s not going to go down well, and there’s every chance your accountant will rush through your return, and save you less money. This being so, it is important that you manage the accountant client relationship in a way that you get the best results from the relationship.

With this in mind, I want to suggest a few tips on how to choose the best accountant for your business, and how to keep them happy. Because, ultimately, it is to your benefit to do so.

Keepimg your accountant happy

Here’s what you need to do to get the best results from your accountant.

1. Choose The Right Accountant

It’s important to choose the right accountant for your business. Think about whether you would benefit more from someone who specializes in your industry. It may be that a standard accountant will suffice. But, for example, businesses in the entertainment industry might find a specialist will do a better job for you. You may not even need a one-to-one relationship with a single accountant, either. Take a look at this Xero Accountancy from Accountancy Anywhere for a good idea of what to expect. There are plenty of these cloud-based services around these days, and you’ll get the benefit of a full team behind your accounts.

2. Keep Your Business Life Separate

One of the biggest frustrations for accountants is mixing up money. This is when you might borrow a little money from the company, or for your business from your personal account. It can make your paper trail a veritable nightmare – and it will cost you more money. Keep your personal finances for your own life, and your business accounts entirely separate. If you can do this, you’ll get a much happier- and quicker – accountant.

3. File Your Receipts Monthly

As we have already mentioned, nothing will get on an accountant’s nerves more than unorganized accounts. And, they will charge you more for their time. Get into better habits, and you will keep your relationship with your accountant sweet. Keep all your receipts in the same place as and when you get them. Then, at the end of the month, file them yourself and stash them safely. You can even do this electronically with apps like Evernote. Just take a picture of the receipt and save it in a monthly folder, and then share it with your accountant at month end.

4. Get Paid Quicker

Finally, outstanding invoices are a real pain for accountants. While it can be hard to keep track of your completed jobs, it is essential that you spend time chasing up your debts. This is especially true of small little jobs that you do – your work builds up, and you just forget about them. But, by the end of the year, all those payments should be accounted for – and it will be a nightmare scenario for your accountant. So keep on top of what you are owed – and your accounts relationships will stay strong!

Conclusion

As with every relationship, what you put into the relationship with your accountant will determine what you get out of it. It is therefore imperative that you take the above tips seriously. If you do this well your accountant might just turn out to be the most valuable and trusted source of business advice you will ever have. And the result will definitely be a plus for your business.

How to Improve Your Business Skills to Achieve More Success!

Building a successful business requires you having the right business skills. Some of these skills include communication skills, critical thinking skills and writing skills.

It is important to note that the high rate of business failures that is reported every year can actually be traced to the fact that many who dream of running their own businesses lack these skills. Every aspiring entrepreneur should work on developing their business skills for that will ensure they do not manage their business like someone with a blindfold!

So, if you have dreams of running your own business, then you need to make sure you have the right business skills. Even if you already have your own business, there’s always room for improvement. In this post I want to share with you a few ways you can improve your business skills and guarantee more success for your business.

So, here we go…

Improve your business skills

1. Know Your Strengths and Weaknesses

If you want to improve your business skills, you need to know your strengths and weaknesses. This is the only way you can really know what you need to work on. Be honest with yourself. What areas are you lacking in? If you’re unsure, consider asking people you trust what they think. There are also many quizzes and tests online you could use to help you assess what you can improve on.

2. Read Books and Watch Programs

Read books on different business skills and on people who have started businesses. Watch programs. You’ll probably learn valuable lessons, pick up some tips, and feel inspired like never before. Girl Boss is a great book to start with!

3. Research Entrepreneurs You Admire

Can you think of any entrepreneurs you admire off the top of your head? Do lots of research on them. Watch and read interviews and books. You can learn a lot from them and you’ll see that no 2 entrepreneurs are the same. This should inspire you to create your own success story and you’ll want to improve in ways you didn’t think possible!

4. Take Some Courses and Workshops

Rather than improving your skills by yourself, consider taking some courses and workshops. Training connection say that there are all kinds of courses depending on what you want to do. You’re bound to find something that suits you down to the ground.

5. Make Sure You’re Passionate Enough

You should be passionate about the industry you’re in and the skills you want to learn. Passion is the key to sticking anything out, so you need to make sure that you feel good about what you’re doing and the novelty won’t wear off.

6. Learn Something New Each Day

Aim to learn something new every day. Even if you can only do a small amount of revision or something. Make the time to learn something even if you can only use 30 minutes out of your day. If it’s important to you, you’ll make the time.

7. Know When You’re Getting Complacent

Monitor your attitude and know when you’re getting complacent. If you feel like you are, work out what you can do to find that spark again. A good business is a lot like a relationship. You need to find different ways to improve it and keep the spark alive if you want it to last!

Conclusion

Use these tips and you’ll soon improve your business skills in leaps and bounds. Your business skills are important to your success, so make sure you take them seriously. Don’t get lazy or complacent; be honest with yourself and work hard. Working hard now means you can afford to relax a little more in the future. Leave your thoughts below. See you again soon!

4 Essential Business Tasks Every New Entrepreneur Mustn’t Ignore!

So you are ready to run with that business, right? But have you considered what business essentials you should take care of to keep things going?

Have you ever really considered if there are any essential tasks when it comes to starting a business?

Believe it or not, starting a business entails a whole lot of things. Trying to wrap your head around these things most times could be daunting. This is why it is important that when you start a new company you should be able to know the essential tasks you need to cover. Failure to do that could mean you experience many issues further down the line.

The question therefore is what are these essential business tasks? In this post I’ve listed some of the most critical processes in the hope of giving you a helping hand. So long as you don’t overlook any of these essentials, your business should be ready to create profit.

Of course, there are a lot of other things you need to think about, but none are quite as important as the tasks listed below.

Business essential tasks for new entrepreneurs

1. Get A Good Accountant

Before you register your business, it is is vital that you find a good accountant. In most instances, they will deal with the company formation on your behalf. Also, they can offer advice on your business plan, and how to spend your money. It’s important you have a decent accountant because you’re going to need a lot of guidance at the end of the tax year. The last thing you want to do is pay money to the government when you can use it to expand.

2. Find A Talented Web Designer

Suitable web design is crucial if you want to reach a large audience. Most people use their mobile phones to access the internet these days rather than desktop computers. That is why your site needs a responsive and attractive design. Try to make sure you keep things as simple as possible. Internet users do not want to work harder than is necessary to buy from your brand. Indeed, some of them might look at alternative companies if your processes are too complicated.

3. Employ A Marketing Agency

Dealing with marketing yourself is going to involve a lot of time and effort. You probably don’t have enough hours in the day to give your full attention. That is why it is sensible to use a marketing agency. There are plenty of them around these days, and you’ll find them online. Just ensure you always read reviews from previous clients. That way, you can be certain you are going to receive a premium service.

4. Get The Right Insurance

You’re going to need lots of different insurance policies to protect your business. That is especially the case if customers and clients visit your premises. Considering that, you should contact suitable business insurance providers as soon as possible. Make sure you shop around to get the best deals and try to buy everything from the same place.

Conclusion

Those business essentials will apply to all new companies, regardless of which industry they enter. Just make sure you create a plan that will allow you to get everything sorted before you start trading. Once you’ve done that, the road ahead should be a little clearer. There are always going to be stumbling blocks. Even so, overcoming them is easy with the right approach. Cover all the basics, and nothing can go wrong.

Now you’re ready to launch the company; you just have to find a lot of motivation. You will work hard for a long time before you make a profit. However, it will be worth the effort in the end.

So, what are those essential business tasks that you have not taken care of in your business? Or what other essential task you want to add to this list? Share with us in your comment below.

Starting Strong: The Secret to Starting Your Own Successful Business!

There is always that feeling of satisfaction when you start your own business and the customers start flooding in. Watching your business finally hit the ‘tipping point’ is a wonderful feeling. Yes, we love that moment when we take on more clients and the money is pouring in steadily. It’s definitely a great moment that anyone would remember as a defining point in their company.

Unfortunately, there’s a long, hard road to this point! Startups and new businesses are like icebergs. There’s an enormous mass of unseen work and dedication hiding under the ocean. Only a tiny peak rises above the sea level. Getting your business off the ground is all about building a huge foundation first. It’s often frustrating, because businesses grow slowly. Most times your efforts feel wasted.

In this article I want to share with you a few start up business secrets that are proven and guaranteed to help any business start strong.

How to start your own business with ease

How to Start a Business Successfully

1. Planning and Research

It’s a well-known fact that most new businesses fail within their first two years. Now, there are all sorts of reasons for this. But, chief among them is a severe lack of planning and research. If you’re going to launch a business, you need to know everything about your market, and your customers. Research the competition, and find that unique niche to capitalize on. Research your customers, and find out exactly who you will sell to. Make a watertight and flawless business plan too.

2. Sheer Hard Work And Passion

Getting your business off the ground requires a lot of unseen hard work. You’ll spend weeks and months working without any immediate reward. It’s disheartening, but you’ve got to look at the bigger picture. That’s where sheer hard work, dedication, and passion come into play. If you’re not loving this process, you’re doing it wrong. Get up early, put the hours in, and make it happen.

3. Find A Partner

You very rarely see a business take off without a strong partnership at the helm. Even when there is one high-profile figurehead, there’s usually a hidden partner – the Eduardo Saverin to Mark Zuckerberg; the Steve Wozniak to Steve Jobs!

Entrepreneurs are typically creative and imaginative. But you need the logical, financial brain to balance it. Embrace your weaknesses, and delegate the work to others. A business partner will help shape the business, and take it to the next level.

4. Initiative

The biggest businesses in the world got their break because they went after it with fierce initiative. They didn’t wait for success to knock on their door. They spotted a gap in the market, and they jumped on it fast. Use your initiative. Follow your instinct. The longer you wait to capitalize on an opportunity, the faster someone else will grab it.

5. An Online Presence

It’s very tricky for any modern company to exist or survive without an online presence. As a small business, it’s your best tool for growing an audience and reaching customers. If it seems overwhelming, visit http://kencourtright.com. Ken is a veteran of the industry, with tons of help and advice for fledgling startups.

Conclusion

Getting your new business off the ground is no easy feat. But trust me, it’s all worth it eventually. The trick is to plan your growth, and not expect overnight success. Work hard, find passion in everything you do, and get a business partner to help you!

What was your startup story like? Was it a challenging one? What are your best-kept secrets? Share with us in your comments below.