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 always go into business to make money. Go into business because you love what you do, the money will follow. Follow AIMS for more tips and business quotes.
"If all the economists were laid end to end, they'd never read a conclusion." Sometimes in business you just have to experiment. There is only so much analysis you can do.
Don't let tax be the death of you; "In this world nothing can be said to be certain, except death and taxes," Benjamin Franklin
The common question that gets asked in business is, 'why?' It's a good question, but an equally valid question is, 'why not?' Jeffrey Bezos
Think big in business, as Walt Disney said; "All our dreams can come true - if we have the courage to pursue them."
"Fall down seven times, get up eight times" - a great philosophy for all aspiring entrepreneurs that have set backs. Read more great tips and motivational quotes in our Business Tip section
“Obstacles are those frightful things you see when you take your eyes off your goals” – so keep focused on your business and don’t get distracted.
"Forget past mistakes. Forget failures. Forget everything except what you're going to do now and do it." William Durant. Click 'news' to view more business tips and initiatives
Ignore the risk; There’s no shortage of remarkable ideas, what’s missing is the execution
Be decisive and back your decision; “Whether you think you can or whether you think you can’t, you’re right!” – Henry Ford
Do it the right way; "The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency". - Bill Gates
Focus. Focus. Focus. Avoid getting side-tracked. Juggling multiple projects will spread you thin and limit your effectiveness and productivity. Do one thing perfectly, not 10 things poorly.
Get paid on time! Offer incentives for early payments to improve your cash flow. Reduce the time it takes to collect payments and consider adjusting the terms, requiring a deposit or ask for pre-payment.
Fire yourself! Keep up your motivation by reviewing your role by looking at your position like your replacement would. Start again as the new guy!
Be generous with your time; ‘givers’ tend to have large networks to draw on for problem-solving and are able to inspire others with their willingness to go the extra mile but don’t forget your time management!