When seeking investment for your business there are many considerations for a business owner, but from May 2018 you can add GDPR to that list. Whilst all business owners will have without doubt heard the horror stories of GDPR and its potential for unprecedented fines, what is not really being discussed, is the longer-term impact…
Read all about it!
I’ve stopped reading the news and watching news broadcasts during the week. Most of it is negative and depressing. Letting it invade my mind runs the risk of negative, rather than positive, thinking. Anything done repeatedly – good or bad – becomes a habit that is hard to break. Constantly reading or hearing bad news…
Is your business model fit for purpose?
Christmas is over for another year. For many in retail – and the businesses that supply them – it’ll be over for good. HMV has already gone into administration. It won’t be the last retailer to do so. The new year will inevitably bring more gloom to the high street as retailers, whose hopes were…
Have a Caring Christmas
Today, for me, is the start of my Christmas break. I’m taking a few days off. As usual December has been a busy month but, unusually, there isn’t much that hasn’t been done already. As entrepreneurs we always have one more thing to do; there are never-ending projects and there is always work that can…
That’s a bit more than I was expecting
Most business owners have experienced that moment when you reveal the price and your prospect says, “That’s a bit more than I was expecting. Sorry, but it’s beyond my budget.” The question then is, how do you respond? One option, of course, is just to walk away. You may not be prepared to take on…
Have you paid your fee yet?
All organisations, companies and sole traders that process personal data must pay an annual fee to the ICO unless they are exempt. For ‘small’ businesses this is £40 (or £35 if paid by direct debit). Organisations across the business services, construction and finance sectors are among the first to be fined by the ICO for…
Is your website due for an MOT?
Your website should be your best marketing asset. Having an online presence is no longer a ‘nice to have’ for entrepreneurial business owners it’s an essential item to include in your marketing toolbox. And it has one big advantage over most of your other tools in that you own it rather than rent it. Unlike…
What is your digital strategy?
Entrepreneurial business owners could be forgiven for thinking that the ‘digital revolution’ only applies to larger businesses and that they can continue in their old ways and still remain competitive: nothing could be further from the truth. All businesses need to adopt a digital strategy that’s supported by a clear digital implementation roadmap. The…
It makes for difficult reading
This blog is for entrepreneurial business owners, the sector of the population I share most time with and whose dreams, goals and fears I share. Entrepreneurial businesses are mainly small – less than five staff – but are the lifeblood of the economy (whatever politicians and the media may think). Most of us who run…
Do the brakes work?
Imagine that you are thinking of buying a new car and visit your local car showroom. The salesperson approaches and you ask a couple of questions about the model you’re interested in: Does it have four wheels? Do the brakes work? Stupid right? Because products or services we are thinking of purchasing have certain intrinsic…
