Business tips that will help your business
Every week we publish tips to help your business but remember, our accountants are never too far away, so for more help and advice on Accounting and Taxation, contact your Local AIMS Accountant today.
Don’t get in to a culture of excessive spending. Of course you need to reinvest but if it’s all you do then you’re setting yourself up to fail.
Treat your customers right; look after them, after all they are your sales people and will sell your product for you if they’re happy.
Find a unique way of doing things and learn from your competition – what can you do better?
When you hire staff make sure they believe in your business and want to do the best for it. The rest will fall in to place.
Get as much feedback as you can and don’t worry if it’s negative as it could potentially make your business stronger.
It can be hard and lonely on your own - have a mentor in place to guide you as you climb the ladder.
As more and more people buy online, make sure you utilise all channels in order to build a following.
Have a clear vision of what you want to achieve along with your unique selling points.
Test the market and see where you fit in. It’s important to know your place out there.
Deal with customer queries as quickly as possible – if you don’t there could be delays in payments which could harm your business and reputation.
What’s the most important asset any company can’t afford not to have? An accountant of course, so make sure you don’t scrimp on this.
If you want to save money on recruitment you could try recruiting online through Facebook and LinkedIn.
Always check your spending and even better, have a plan so that you don’t overspend.
How would your company do if you were a customer? Address any issues before they get worse.
Always know what’s going on in the market – this will help you target your customers.