Important Skills You Need In Business

Important Skills You Need In Business

Passion alone isn't enough to turn a small business into a successful one, and this is borne out by the facts; over half of new businesses fail because the people who start them don't know how to turn their passion into business skills. To be successful, you need more than hard work, grit, and knowledge of your field. You need to know and be good at a set of basic business skills too. Read on to find out what some of these skills are.

11 Tax Saving Tips For Your Business

11 Tax Saving Tips For Your Business

Owning a small business may require wearing multiple hats, especially if you want to cut costs. The tax season isn't exactly one most business owners look forward to. If you are reading this, chances are you are looking for ways to optimise your business tax efficiency. Fortunately, you can do a few things to lower how much you pay in taxes and reinvest the savings into your business. Below are a few tax-saving tips to lower your small business tax bill.

The Mistakes Your Business Is Making With Loyalty Schemes

The Mistakes Your Business Is Making With Loyalty Schemes

We’ll begin with the most obvious mistake of all: not having a loyalty scheme!

Every business should have something in place that encourages customer loyalty. You want people to keep coming back again and again, or your company will never grow. It’s absurd to rely on new customer sales to keep increasing your earnings - successful businesses need a thriving customer base that continues to elicit repeat purchases.