How to set up and run a small business

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Start Up Tips

An entrepreneur with a super power memory would be able to easily remember important business related facts & figures to demonstrate that they are the go-to “expert” in a particular field.

This person would also be able to smoothly pitch for business and give presentations from memory without notes to be more persuasive. While the ability to effortlessly recall anecdotes would allow them to quickly build rapport with clients.

A business owner like this would also great at networking because of their ability to remember the names of everyone that they meet, and important things about these people. While valuable new qualifications could be quickly gained because exam material would be easy to master.

The great news is that you can become this business person with a super power memory! You actually already have an amazing memory and with the memory training tips in this article, I’m going to help you unlock your full memory potential. Believe it or not, this is also going to be easy and a lot of fun!

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We’ve all been in business meetings where we’re clock watching and wondering how long it will go on for, worrying about our to-do lists which are not getting any shorter. This is especially true in start-ups, where time is especially precious for everybody in a small team..

When it comes to meetings, especially internal ones, it can be difficult to enforce the discipline needed to get the most out of them. This includes starting and finishing on time and sticking to the agenda. Meetings should have a purpose and a definite outcome, otherwise they can be an unproductive use of time for all involved.

What’s more, poor meetings aren’t only wasting our valuable time, they are also having an impact upon our bodies. Research has shown that spending long hours sitting down can play a significant role in the development of chronic diseases, so it’s imperative that you, as an employer, implement changes to protect the health, wellbeing and productivity of your employees.

It’s time to transform the standard routine and be more creative and active with work meetings, not only to breathe more life into them, but reinvigorate your colleagues too. Here’s how you can achieve more from meetings, eliminate wasted time, improve your health and potentially have some fun in the process: Continue…

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Change is inevitable. And with change comes uncertainty. So, how can people in business, particularly those running a start-up or small business, which are often more sensitive to change, ensure they make the best decisions they can when so little is certain?

Here, John Reynard, author of ‘The Spiritual Route to Entrepreneurial Success” highlights 5 things you can do to help you make good decisions, even when there is confusion all around;

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It’s safe to say that writing a health & safety plan isn’t one of the most exciting parts of starting a business. In fact, it’s something that many new business owners neglect to do.

A health and safety plan is a plan which outlines how health and safety protocol will work in your business. In an ideal world, it would be seen as something that goes alongside a business plan but, far too often, this is not the case and businesses end up neglecting it.

Planning for health and safety means more than just checking the law as you go to make sure you are following it. Rather, a health and safety plan is something that should be done in the early stages of business planning.
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Have you ever heard the saying: “There is no such thing as an original idea?”

Like many things that live in the public imagination, it is there because there is some truth behind it. There are some ideas that come like a bolt of lightning out of the blue, or so they seem. But when you look closer at the facts, the ideas have been stimulated by other factors and inputs.

A great example of this is in watching the evolution of the earth and how totally separate cultures, closed off from each other, have developed similar inventions over time.

The best ideas have a bit of something else in them, but how can you capitalise on this and use it to develop a great business idea? Continue…

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If your new business is going to be operating in a competitive marketplace, it’s crucial that you find a way to differentiate your business from all the competitors out there. In short, why should customers choose your products or services over what’s already available?

If you can’t answer that question, then you need to go back to the drawing board with your business idea, or read on to find out why it’s essential startups and small businesses find a niche, and how to spot a potentially profitable gap in the market.

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Most business cards are about as much use as a scrap of paper with a name and number scribbled on it. That’s fine if you are looking for a date, but not so good for showcasing your business.

With a little thought, however, it’s easy to create a business card that packs a real promotional punch and helps you, and your small business, stand out from the crowd. Here are some tips and ideas that will help you design business cards that make a big impression;

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Why the best leaders do less

September 8, 2016

How do you describe yourself? Are you an entrepreneur, a technical expert, someone who is good at a specific task or a manager? Or are you a leader?

Whether you describe yourself as a leader or not, the chances are that your business needs you to show leadership at every stage of its development. So how do you successfully lead your business?

Here’s why great leaders do less, and the 6 key steps you need to take to transform yourself into a brilliant business leader; Continue…

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A number of the world’s largest companies were founded by ambitious and determined university students who weren’t afraid to dream.

Most people know that Mark Zuckerberg created Facebook in his Harvard dorm room, but were you aware that FedEx, the global courier service, was first imagined by Frederick W. Smith in an undergraduate paper while he was studying at Yale?

In fact, lots of companies that we encounter on a daily basis, like Google and Microsoft, were set up by university students who decided to run with their business ideas. So if you’re a student at university and feeling entrepreneurial, here are 10 practical tips to help you launch a successful business while you study; Continue…

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Your business is growing and you’ve taken on one or more additional staff members – but are you really maximising their skills and getting the best out of them?

Or, if you’re honest, do you find yourself still doing some of the things you employed them to do?

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Research shows that people with ‘emotional resilience’ will have the best chances of not only surviving critical business events but thriving in life.

With emotional resilience being such an important factor in whether you and your new business start-up will be able to survive and thrive, we asked Geetu Bharwaney, Author of, “Emotional Resilience” to explain how you can build your emotional resilience to help you and your business succeed Continue…

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Every year, hundreds of thousands of entrepreneurs make the huge leap from working for somebody else to running their own business.

Launching your own venture is a leap into the unknown, and many new business owners discover that much of what they thought was true about starting their own business, turns out to be completely false.

There are many common misconceptions about running your own business, and being caught out by some of these can prove very costly indeed. To help you separate truth from fiction, here are 8 common myths about starting and running your own business;

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The transition from being a manager to becoming business leader, is one that many new business owners will need to make. Often, the success or failure of your business depends on how well and how quickly you can adapt to this fundamental role change.

Never more so than in times of challenge, are leadership skills going to make the difference between a galvanized team of people and a disparate group. Here, Kate Tojeiro reveals 7 tips that will help you transform from a manager to a successful business leader; Continue…

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If you want your business to grow, it will mean employing more people. And to give those new members of staff the best chance of helping you break through to a whole new level of sales and productivity, it’s important to set up systems.

These systems need to be scaleable, understandable, and effective. Don’t charge ahead and introduce systems blindly as you may find they are largely ineffectual, doing little, if anything to boost your company’s performance.

To construct clear, simple, effective systems. that will optimise your output, you need a foundational knowledge of the three basic layers of systems. Shweta Jhajharia, of The London Coaching Group explains;

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There is so much that a small business owner, or potential entrepreneur, can do with just a shift in how we think, and what we focus on.

When you start to look back at what you have achieved and where you are in your life, work and business, you would begin to realise that success is heavily dependent on your attitude.

Most people who are successful started out just like you – and then they kept their strength and determination, they persevered through the tough times and now we look up to them as successful business people.

The good part is that you can make it too and even achieve much more than them. The magic is upgrading the software your mind has been running on with a new, better and bug-free version!

Here, serial entrepreneur, Taimur Khan, tells ByteStart how a positive mind-set can help you succeed with your start-up; Continue…

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If you can develop a competitive advantage for your small business, you will be able to sell your product or service more easily and more profitably.

Ultimately a good competitive advantage will mean that your business is more likely to succeed and is able to grow.

With the ability to develop a competitive advantage being so important for small business owners, we asked Garry Smith, co-author of Creating Business Advantage: Setting Up and Running A Successful Business to explain more about it;

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Whether you’re in the early start-up phase or you’ve been around a while – running a business will inevitably mean coping with change.

This could be the need to deal with new regulations, an ageing customer base, a new competitor, or even your company growing and expanding faster than you planned. Whatever it is – you’ll need to be able to keep your head and deal with new developments.

Our minds have a preference for the predictable – our primitive ancestors had a much better chance of staying alive if things stayed stable. We might want excitement (our ancestors did love the thrill of the chase), but we naturally want it on our terms, not someone else’s.

So how do we support change that will help us and our business evolve and grow while dealing with the feeling of being threatened by it? Continue…

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Setting up a new business is an exciting, thrilling and all encompassing challenge! Personally, I think it is the best and most stretching form of personal and professional development that a person can do.

Creating and selling your own products and services, building a network of happy customers and managing your own time are just three of the perks that come with starting and running your own business.

But all too often, I meet entrepreneurs who are burnt out, stressed and lacking in sufficient income. This is often because they did not trial their business ideas before they got stuck in. So today, I want to convince you that you should ‘pilot’ your business idea before you launch your new venture for real.
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As a business owner, you may occasionally need to speak in front of an audience. It might be for a business pitch where you are trying to persuade investors to back your business, or a sales meeting where you are trying to secure a key deal.

If you do need to do any public speaking, you won’t want to fall flat and fail. So to help you impress we asked professional speaker and author of ‘Insider Secrets of Public Speaking’, Ian Hawkins, to reveal his 3 golden principles to follow when you’re making a speech;

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Archimedes said, “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.

What he is talking about is that with the right tools, you can achieve a lot more with much less effort. And this ‘leverage’ is a critical step in taking businesses to the next level.

The point of it is that you do the work once and achieve the result over and over again using this leveraged system. Shweta Jhajharia, founder of The London Coaching Group outlines 4 ways that you can use the power of leverage to help your start-up succeed.

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How to decide if you really want to run your business

June 9, 2016

When you start a new business you will need to do almost everything. This means you will need to roll up your sleeves and take a very hands-on approach. You will be working IN your business. However, if you want to grow your business, you will need to pass on the day-to-day work to others […]

How you can build your business in 90 minutes a day

June 3, 2016

Whether you have just launched your new start-up, or are the owner of an existing business, to be successful you need to make the best use of your valuable time. With so many different aspects of the business to think about, and a host of demands on their time, it’s easy for small business owners […]

Building your resilience to help you cope with the ups and downs of starting your own business

May 31, 2016

Everyone has to cope with the stresses and strains of everyday life. Challenges and changes are constant, and this is especially true if you are starting up your own business. Adverse situations may be familiar or unfamiliar to you depending upon whether you have experienced them before, or whether you have experienced circumstances that may […]

6 common leadership traps to avoid in your new business

May 27, 2016

As business owners we all make mistakes. It’s part and parcel of being an entrepreneur and taking risks. Sometimes going wrong it’s part of the learning curve we all need to experience. However, there are some common pitfalls that catch many new business owners time and time again. They trip up the unwary, hold you […]

What you need to ‘master’ to turn your startup into a growth business

May 17, 2016

Parents, politicians, pundits, pub philosophers. They all have something in common – an arsenal of adages, aphorisms, proverbs, mottos and maxims. But of all the oft-used phrases you’ve heard in your life, which do you think sticks with people most? Give a hundred and ten percent Never say never Game of two halves Winter is […]

How to deliver ‘rocking’ presentations and pitches that will captivate your audience

May 12, 2016

You may think that giving presentations is something that happens in a big corporate, but not in your start-up or small business. Not true! We’re all giving mini-presentations and pitches several times a day, and getting your message across in a digital world where everyone is mildly ADHD is more vital for business success than […]

How a little negative thinking can help your startup succeed

May 9, 2016

You’ve got to be a bit of an optimist to start a new business. This positive outlook undoubtedly helps you to get through the ups and downs of starting your own business, but it’s worth investing in a bit of negative thinking too. When astronaut Chris Hadfield described his preparation to go into space, his […]

What do bagless vacuums, budget airlines and The Great Escape have in common?

April 27, 2016

Human history provides countless examples of leadership be it in the political, economic or military sphere. But no two leaders are alike and some leaders have left a far more distinctive mark on history than others. To lead other people you need to be able to communicate clearly. Indeed, many successful leaders such as Winston […]

How to get your business noticed – Self-marketing for start-ups

April 17, 2016

Your business may offer amazing products and a fantastic service. It may have a clear, determined vision of what it is doing and where it is going. But if your potential customers don’t know it exists, your wonderful business is likely to disappear without trace. As Alan Sugar put it: “Your start-up will be a […]

7 Brilliant branding tips for start ups

April 11, 2016

Your brand is your identity and in a tough market place it can be the thing that separates you from the competition and grabs the attention of potential new customers. Remember you’ve only got a very short space of time to capture the attention of new customers, so whether it’s the design of your business […]