If you're planning a restaurant start-up or have already launched your new business, you should take time to consider ways to retain and increase customer loyalty. Ultimately, customer loyalty will be one of the main factors driving the success of your new business,...
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5 questions to ask before seeking business finance
Business finance is a great tool for expanding and building small- and medium-sized enterprises (SMEs). But this is only true if you are entering into the funding partnership for the right reasons. Before you seek business finance or alternative funding, ask yourself...
How to improve your credit score before starting a new business
For those of us with an entrepreneurial mind, planning a new business can be one of the most exciting times in our lives. However, big dreams and exciting plans usually require financial backing and most of us don't have a pot of gold. The financial side of setting up...
Ways process management helps grow successful SMEs and startups
Building a successful startup or creating growth for your small- to mid-sized enterprise (SME) can be difficult in any economic climate. Some of the major obstacles impacting on growth include: Competitors and marketplace restrictions Regulation and compliance issues...
3 key tips to help small businesses maintain consistent cash flow
Small business cash flow can be a difficult concept to master. When you're still developing your business identity and getting yourself off the ground, how do you keep the money coming in regularly? All businesses love it when their profits soar, however, good times...
Refused a bank loan? Here’s what to do next
It's a familiar conundrum. You need money, fast. There's an unexpected cost in your life, such as medical bills, losing your job or an accident at home. But you were refused a bank loan when you applied. Don't panic though, because there are a lot of things you can do...