Five Steps to Grow Your Business
March 14, 2020
Whether you are responding to an external opportunity such as new customers or grappling with internal pressures, you can grow your business successfully. By building key foundations, it is possible to continually increase your profits for several years. Whilst good general ...
Using KPI's to Monitor & Improve performance
February 11, 2016
The key performance indicators (KPIs) for one company will invariably be different from the KPIs of another firm. What both hypothetical companies share however, is the challenge of selecting which KPIs are best suited for measuring the goals and progress of their particular...
9 reasons to switch to cloud computing
December 9, 2015
Don't be left up in the air by traditional IT solutions. Check out the top 9 advantages for small businesses switching to cloud computing.
Cloud computing is fast becoming the norm because storing information and using software hosted on the Internet has many advantages.
...
Eight Characteristics of successful small businesses
October 20, 2015
We now look at eight characteristics important to successful businesses. International researchers who have studied many small businesses have found that these characteristics consistently play a part in the success of small companies.
The eight characteristics are:
Owne...
Working out an effective marketing budget
September 29, 2015
"How much should I spend on marketing?" Most small business people ask me this question at some stage. Many small business people find working out how much to spend on marketing a tricky exercise to calculate.
Generally there are five ways to work out a marketing budget f...
17 ways to get repeat business
August 17, 2015
Q. I am finding it tough. Sales are slowing but I can't figure out exactly why. No-one seems to be unhappy with what we do, and no competitor has entered the market. People seem to be buying less often and in lower numbers.
Your existing customers are your most valuable ass...
Finding Money Within Your Business
August 6, 2015
Most small businesses experience cash flow problems from time to time and urgently need working capital. Many business owners immediately think of the bank or loans when they're short of money. But there are other resources you can tap before you ask for that expensive overd...
Work Life Balance
July 19, 2015
Getting the workâlife balance right
As a small business owner it's hard to juggle your work and outside responsibilities. It's important to run your business effectively and still have a life outside the office.
You need a good balance between work and play for your health and well-being. Small business owner...
Combat Interest Rate rises in 3 easy ways
July 8, 2015
Rising interest on debt can be a curse when running a small business. However, there are some quick and easy policies you can start using to combat interest rate rises.
Individually, small steps can add some value to a business, but when combined they can make significant ...
10 more quick growth tips for small business owners
July 4, 2015
Help grow your business through collaboration, expansion, improved marketing and some of the following quick tips.
1. Improve your customer service
Businesses with good customer service retain consumers and attract new business through word-of-mouth. Even if you think you'...
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WP Smith & Associates
Suite 5, 750 Blackburn Road
Clayton VIC 3168
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Email: admin@wpsmith.com.au
Phone: (03) 9888 1000
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