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5 Simple Ways to Recession-Proof Your Small Business

5 Simple Ways to Recession-Proof Your Small Business

You never quite know when a recession is going to hit and it’s worse if it comes as a shock. Many businesses failed to prepare for the economic impact of the covid-19 pandemic and subsequently went under as the global economy began to shrink. As is often the case, small businesses felt the biggest impact, which is why it’s vital to recession-proof your business. A recession is never good news but by having a plan firmly in place, you can set your business up for survival. Here are some simple tips to help prepare for the future.

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Don’t Run Blind in Your Construction Business

Don’t Run Blind in Your Construction Business

For construction companies, there is no longer any excuse for operating in the dark when it comes to your finances and profitability. The modern accounting technology adopted by firms like ours has ushered in a new era of accessibility to accurate, up-to-the-minute data on your business performance.

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How To Improve Your Time Management As A Business Owner: 7 Easy Tips

How To Improve Your Time Management As A Business Owner: 7 Easy Tips

It takes a lot to run a business and it’s essential to manage your time well. Building a business undoubtedly requires you to put a lot of hours in, but the real key is to work smarter, not longer. By carefully managing your time, you can ensure that you achieve your goals without suffering from burnout. Time is like money: you need to know how to invest it to maximise your returns. Here are ten easy time management tips to ensure that your business runs like a well-oiled machine.

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How to Set Up and Maintain a Budget for Your Startup

How to Set Up and Maintain a Budget for Your Startup

Creating and following a realistic budget for your startup is essential. In fact, it can even determine whether or not your business makes it out of the gates. A budget shows you how much money you’ll need to make in order to break even and highlights what you can and can’t afford. It also helps you to forecast and manage your cash flow, which is essential to keep your business in good financial health. Budgeting can be a daunting task but this guide is here to make it easy by breaking it down into four simple steps.

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