Useful Tips Articles

A curated collection of diverse business insights, tips, and reflections to support your growth as a business owner or entrepreneur.

Tips for Buying a Competitor Business

For an SME business owner, the offer to purchase a competitor business can seem irresistible. While acquiring a competitor can increase your market share and accelerate your growth, it is essential that the purchase is handled in the correct way to ensure the decision does not stunt your future growth

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Self-Reliance and Running a Successful Business

The paradox of self-reliance What is self-reliance? My perspective on it is that, first and foremost, self-reliance is about learning to take responsibility for our own value judgments. Ultimately this is what gives us independence from other people. It is quite a paradox because self-reliance is often understood to mean

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The Importance of a Vision, Mission and Culture Statement

Vision, mission and company culture often get mentioned in the same breath, however they are in fact three concepts that are quite different. Vision and mission statements often get mixed up and interchanged unintentionally, so let’s clear up the differences between the two first. A vision statement is the guiding

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Top Warning Signs Your Team Lacks an Ownership Mindset

How often do you find members of your team throwing up their hands in frustration, stressing out because work has piled up, or feeling like they are going unnoticed and unappreciated? It gets difficult to maintain a profitable business when team members lack an ownership mindset. Products, processes, and customer

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COVID-19 Your Business and You

Here we are. While it’s a challenging time for everyone, it’s also essential to take steps now to make a plan. This period of crisis isn’t going to last forever. All will be back to normal eventually–we need to bridge this period of relative uncertainty. Mindset and Opportunity You need

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How to Identify Weaknesses and 5 Steps to Overcome Them

Everyone has weaknesses. Whether you’re a neuroscientist, athlete, plumber, student, or something else, it’s fair to say that there are areas in which you excel, and others that you struggle with. However, weaknesses aren’t always so obvious. Sometimes we gloss over the areas in which we lack, but the ability

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How to Stop Worrying and Embrace Your Imposter Syndrome

We’ve all felt it at one point or another – the panic-stricken feeling that someone, somewhere will realise that you aren’t actually capable of completing the task at hand. Whether you first felt it as a child in school or at your first job, imposter syndrome doesn’t just go away.

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5 GUARANTEED WAYS TO INCREASE PROFIT MARGIN!

5 GUARANTEED WAYS TO INCREASE PROFIT MARGIN!

These proven strategies will improve processes and increase profit in your business.

Profit Margin

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