During an economic downturn it is important to trim away the excess from your small business so that you can maximise your productivity and help ensure its success and survival.
Here are 10 tips on how you can cut costs and improve your cost-effectiveness, economic efficiency and productivity.
1. Travel
Eliminate excessive or unnecessary travel. Aim to plan trips well in advance to...
Small businesses often have less of a buffer than their larger counterparts. Therefore, during times of economic uncertainty it is more essential than ever to keep a close eye on the finances of your business.
With good credit control you will always know how much money is due to you and how much money you owe. You need ensure that you keep money rolling in to improve your cashflow and your...
Starting your own business in an economic downturn is a plucky rather than reckless thing to do. It\'s certainly not for the faint-hearted.
With the economy in a downturn there is a great deal of uncertainty in the air. Some folks are clinging desperately to their jobs, afraid to seek other opportunities despite the fact that they are unhappy in their current position. Thousands are reeling...
Can procrastination really be used as a time management strategy?
Even the humorist, Henry Wheeler Shaw said:
\"The greatest thief this world ever produced is procrastination, and he is still at large.\"
It is one of the most potent and common forms of self-sabotage yet the irony is; if you want to become a success in life then you have to learn how to procrastinate. This may sound...
Time management is becoming an ever increasing concern for business owners and entrepreneurs today. Even employees are increasing feeling the strain because as a result of down-sizing and lay-offs people are expected to achieve more in less time.
However, because of poor time management skills, business owners, entrepreneurs and employees are falling far short of what they could and should...
\"Meetings, Bloody Meetings\" is the title of a management training video starring British Comedian John Cleese. It\'s a title that sums up a sentiment with which I\'m sure many empathise. There are some jobs where it seems as though there\'s an endless stream of meetings to attend and not enough time to carry out the action steps agreed upon in the meetings.
So the first time management...
The Armoured Mistfrog certainly lives up to its name and provides an invaluable lesson in how to overcome adversity.
This tiny creature is only 1.5 inches long and an article on Discovery Channel said that these frogs had not been seen in Australia since 1991. Many scientists thought that were extinct - wiped out by the devastating chytrid fungus which decimated frog populations around the...
"Snake Venom Face Cream is Best-Seller" was the eye-catching title of a small article in a London newspaper.
It was about a face cream made from the venom of an Asian snake called the Temple Viper. Although, no snakes are harmed in the making of this beauty product - the venom used is synthetic.
The makers of this anti-ageing daily moisturiser claim that the synthesised viper venom...
If you are struggling to achieve your goals the chances are that your goals are not in alignment with your values. The hierarchy of your values actually dictates our lives - the decisions we make and what we do as a consequence and therefore the results we achieve.
Dr John Demartini, one of the world's leading behavioural experts and a powerful and internationally acclaimed motivational...
Becoming a New York Times Best Seller is a tough challenge. It requires a well-planned and executed aggressive marketing campaign and authors have to maintain a gruelling schedule of interviews, book signing, etc. So why do authors aim for this accolade?
Here are five reasons why authors strive for this coveted title:
1. Prestige
The prestige that you gain when you become a New York...
