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 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...
Read MoreSmart Pricing Strategies For Entrepreneurs
Effective pricing can be a difficult thing to ascertain. While you want to offer a great rate to your clients, you also want to make sure you are covering your costs. And then you have competitors to think about. Here are some smart pricing strategies for entrepreneurs and businesses alike. Introductory Offers An introductory offer is a great way to get your clients to try before they buy. It could be an offer of something for free or a heavily discounted product or service. Once you have your customers in your sales funnel, then you can slowly work your way up to achieving larger purchases. Competition-led Pricing When you are less experienced in the business world, it can be difficult to discern how you differ from your competitors. You may need to charge the same as your competition to make sure you are starting out on an even keel. Once you have been in the industry for a while, you can then work out whether your prices need to go higher or lower than your competitors to start seeing a real difference. Loss Leaders Is there one product that you can offer at a low price to bring your...
Read MoreEmbrace Technology To Stay Ahead Of Your Competitors
Whether you are a fan of technology or choose to fight it at every turn, there is no denying that it can be useful for your business. And if last year was anything to go by, this year is going to show that SMEs are relying on technology more than ever to stay ahead of their competitors. More Reliance on the Cloud A greater number of applications will continue to move towards the cloud and businesses will store more information in the cloud services reducing the need to spend as much on storage and backups. From Xero to DropBox, many companies are adopting more apps and services which take advantage of the convenient storage the cloud has to offer. Office applications such as Google Docs and Microsoft Office 365 are making the switch to the cloud easier than ever. An Increase in Apps for Smartphones While businesses are resorting to the usage of apps on their Smartphones to conduct business faster and more efficiently, this year will see many more organisations designing their own apps to take advantage of the billion dollar industry. Competitiveness, better customer experience and an increase in sales are the main reason for the growth...
Read More7 Ways to Relieve Stress Over the Holiday Season
Often the stress of the holiday season and the end of the year workload can build up causing lack of sleep and excessive tension in our bodies. Here are seven ways to help you relieve some of the stress so you can return to work feeling fresh and rejuvenated after your break and even more creative than ever. Spend time alone During the Christmas and New Year period, we spend a lot of time catching up with friends and family to celebrate the holiday festivities and the year ahead. Try to plan for times each day when it is just you, focusing on something that you love to do. A little bit of time can go a long way to relieving stress and increasing happiness. Read a book, go for a walk, nap or prepare yourself a little snack and enjoy the moment. Once you get in the habit of doing this without guilt, you will find it easier to continue with the practice in the future. Exercise to decrease stress levels We all need a bit of exercise to feel healthy and happy. It is great for your self-esteem and self-image and a wonderful mood enhancer. Whether you...
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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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