9 Benefits to Outsourcing Your Bookkeeping
Keeping your books up to date is important if you care about your business. Without quality bookkeeping, you won’t know how much cash is coming in or going out. You will have no idea as to whether you are meeting your goals or even running a business successfully. However, the reality is that not everyone enjoys bookkeeping. This is why outsourcing is such a great option for creatives and entrepreneurs. If you are thinking about outsourcing your bookkeeping, it comes with an array of benefits. Maintain Focus on your Business Rather than take time away from your business to do the bookkeeping, you can entrust them to the professionals. Your attention can be spent running the business and ensuring that your customers are 100% happy. It is one less thing to drag you away from what is important – the successful management of your business and the growth of cash flow. Minimise Full-Time Staff Outsourcing your bookkeeping on a regular basis does away with the need to hire a part-time or full-time employee. You just pay for the services you need. You aren’t required to furnish an office or buy additional computers to get the job done. As the majority of...
Read MoreIt’s Time To Work On Those Problem-Solving Skills
As a creative in business, there is so much you need to balance on a daily basis. And sometimes, not everything goes according to plan. Just like in your own life, things happen in business which are totally out of your control, and it is up to you to try to solve those issues. Being able to problem-solve is a skill. It’s not a hard skill such as knowing how to paint or draw, but a soft skill which makes navigating life easier. Your ability to solve problems, while a definite skill, needs to become a habit. If you are ready for whatever comes your way, then empowerment will follow. Being confident in the face of a situation and being able to navigate a solution, while avoiding a meltdown, is an admirable and sometimes necessary trait. As a business owner, you cannot stop problems from occurring. Your clients, however, will not be so concerned with the fact that something went wrong but rather how you went about solving the issue. They are relying on your knowledge to guide them through regardless of your experience or background. This simple four-step process will cut through the clutter. It is too easy...
Read MoreThe Perils Of Underpricing As A Creative
Pricing is a big issue for businesses of all shapes and sizes, and there are a lot of individual factors involved. You don’t want it to be too high or too low for obvious reasons. However, the real struggle comes when you price yourself too low. This is a huge issue with creatives in business, and it is very challenging to recover from underpricing. If you are a startup, you may be tempted to price things low – perhaps as an introductory offer to get people in the door. It is understandable – you’re new in business, you want to make people happy, and you are not quite sure how much people will actually pay for your services. You may even look to undercut the competition, again quite natural for startups and those new to business. Price is not always the most important aspect While some of your customers will be concerned with the price, others will be more interested in whether your product or service meets their needs. If you do, then the price will be less important. But if you price yourself too low, people may assume that you don’t have much to offer your clients. If...
Read MoreHow to Plan For Business Success As A Creative
While you might think your future business success is dependent on luck, it comes to down to more than that. It requires organisation and planning, much of it behind the scenes to achieve the great success that welcomes instant recognition. Even though you may struggle as a creative to fill those business shoes, know that it is possible. It is never an easy journey from implementation to achievement. However, there are some things you can do to make it a lot less problematic for you and your business partners. Try to remain focused As a business owner, your mind is being ripped from one direction to the next, often without time to take a breath in between. Cash flow, sales, marketing, and customer service – the list goes on and on. Take the time to focus on each thing as best as you can before moving in another direction. It is so simple to be busy without actually achieving anything of any great value. Look at areas where you can make the most impact. Start prioritising to maximise your efficiency, achieve business success and save your sanity. Build plans and strategies Create useful and manageable plans and strategies to...
Read MoreHow To Maintain Quality Relationships With Your Customers
Customer service and quality relationships should be high on every creative entrepreneur’s priority list. As a manager, it is your job to be on top of every situation, anticipate your customer’s needs and be ready to act when they have an issue. But more than just reacting to a problem, you need to be able to preempt it, with solid solutions laid out before the event. Silence may not be golden If your customers are not over-communicative, don’t just assume they are 100% happy with the service on offer. Assuming that is the worst thing you do. Silence can make a little problem worse. Therefore, take every opportunity to follow up with your clients to ensure that they are happy with the service or product supplied. Seek your customer’s advice Balance your communication with respect for their time. Your customers don’t want to be bombarded with calls or emails every five minutes. Reaching out once to garner feedback about their order is recommended however, and it not only strengthens your relationship, but reminds them that you are there should they need anything else from you. Listen to your clients The feedback provided by your customers is particularly helpful, so do...
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"Sophie is so professional – careful, attentive and punctual – she has made managing my accounts not just easier, but a whole lot less stressful" Fast Ed, TV Chef from Better Homes & Gardens.
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