Being a small business owner is an enormous task. Much of the operational responsibilities of your business rest on your own shoulders. With so much on your plate, it’s no wonder that business owners often fall into habits that may not always be healthy for their business.
Read MoreTopics: strategy, small business, trade exchange, business blog, increase sales, barter, business needs, marketing
A business cycle is the natural rise and fall of economic growth over a period of time. The cycle is a useful tool for analysing the wider economy, as the upward and downward fluctuations show variations in production, employment, wages, and investment. Understanding the cycle allows you as a business owner to make better financial decisions with the goal of helping your business increase profit despite the downturns. Today we discuss the five main phases of a business cycle: expansion, peak, recession, trough, and recovery.
Topics: buyer demand, small business, business start-up, business blog, unrealised potential, increase sales, barter, business needs
When you first started your business, you had a plan. It may have been something roughly scratched out on an A4 sheet of paper, or a complex business plan you presented to your bank manager, or maybe something in between. Your business plan provided you with a mission, a path for your business to help keep things moving in a positive, forward direction.\
Read MoreTopics: growing your business, strategy, small business, attract new customers, business blog, unrealised potential, barter, business needs, networking
Very few businesses in the world would willingly say “no” to more sales. After all, businesses exist to increase profit, and business owners and employees are working to earn a living and support their families. However, generating those additional sales can be a major challenge. Clients don’t just fall into our laps. Often, you have to invest a lot of time and effort in marketing before you see any results.
Read MoreTopics: business strategies, growing your business, increase cash flow, small business, attract new customers, save cash, business blog, increase sales, barter, business needs, networking
Bartering has been around since ancient times. Our ancestors were practicing it long before us – especially in times when money didn’t even exist. It’s a simple concept. Barter is the exchange of goods and services for other goods and services people offer. Today, the barter trading system has been refined to fit modern day business models and businesses’ needs. Though it still follows the same concept, barter has now opened more opportunities for businesses to capitalise on their unrealized potential. Still, some people misconstrue how the whole Bartercard system works. Is it a scheme? Is it a way to avoid taxes? These are valid questions and today, our blog will clear up some misconceptions surrounding incorrect Bartercard reviews, and hopefully give an insight into how Bartercard works. Let’s take a look!
Read MoreTopics: build business networks, Bartercard myths, mythbusted, unrealised potential, increase sales, barter, business needs
