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To run a successful business, there are a lot of important contributing factors. You need a clever idea, a good business model, strategy, and an understanding of the way the business world works. But even if you have these basics down, there are skills that you might be lacking, and it might be impacting your company. As a business owner, it’s important to learn and be able to apply these skills to your career. We’ve worked out three hugely important...

No one wants to go grey early, but if you have an entrepreneurial spirit and are in the throes of developing a new business, it’s likely your stress levels have increased. It’s entirely understandable, as starting a business can rank up there with moving house and divorce as some of the most stressful experiences we can undertake in our lives. But there are ways you can combat the stress, take a step back, and really get to the root of...

Rising from relative obscurity in the Western world in 2012, it seems that Psy can’t stay out of the headlines now, with his involvement in a minor car crash almost immediately trending on Facebook newsfeeds across the world. Thankfully, no one was injured in the incident that involved his Rolls Royce bumping into a bus but it didn’t take long for the incident to make headlines across social media. But considering just how unknown Psy was prior to his hit Gangnam...

If you’re a business owner, you’ve been in charge of your retirement plan since day one, and it’s likely that your business is also your biggest asset. For you to retire, you need to make sure your business is ready to be let go. It takes a lot of preparation to make sure you start your retirement on the right foot, so if you’ve got plans to retire in the next few years, its best to get started on your...

Everyone knows how hard starting a new business venture can be, and for startups, it certainly seems that more companies are failing than succeeding. The first year of a business is crucial to its future success, but there are three primary problems that startups come up against when they first set out on their venture. A lack of vision, weak business strategy, and problems with cash flow can all halt a startup in its tracks, so learning how to navigate...

Admitting that it is time to let go is never easy, but if you are talking about saying goodbye to your dying business, it’s likely you have a lot of time and money invested, so your farewells might be even harder. If you think your business might be set for demise, it is important to take notice early, so you can either try and reverse the damage or prepare to cut your losses. Here are the top five signs that...

Anyone who hopes to call themselves business savvy should have a LinkedIn profile, and utilising the only social media platform that is specifically catered to professionals is a great way to get ahead in the industry you are interested in. But, like Facebook and Twitter, LinkedIn have developed business profiles for companies looking to expand their horizons in the online sphere. Considering LinkedIn’s primary demographic is professionals across all fields, learning how to market your company on the website could...

If you still think Pinterest is the domain of hobbyists and DIY-gurus, you might want to revaluate your idea of the social media platform. Whilst the website is still loaded with creative projects you can do at home and virtual pin boards loaded with inspirational quotes, Pinterest is fast becoming one of the best platforms for businesses looking to expand. Here are five tips for how your business can start using Pinterest to jumpstart your social media presence. Develop a Lifestyle,...

Social media should be in the repertoire of every business on the market now, and it is a great tool to utilise when you are working to build a loyal customer base. There are plenty of ways you can interact with your customers on social media that you can’t use in real life to hone your customer service skills and build up customer loyalty and ensure they remain faithful to your brand. Social media can give you the insights you...

Only a few years ago, the idea of staying in a stranger’s house when you travelled was a bizarre concept. No one liked the idea of sleeping in someone else’s bed and, for a lot of people, it was a downright creepy idea when there were so many other holiday-specific options of accommodation available. Now, however, you would be hard-pressed to find a traveller who hasn’t at the very least considered an Air B’n’B as part of their holiday planning,...