The Small Business Blog

APRIL 13, 2010

While your competitors have to pay out for expensive office space that they don’t need as clients dry up, your business can continue to thrive. An ideal example of people in this category are parents, childcare is hugely expensive and allowing people the flexibility to work from home means you can gain the staff others are missing out on!

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The Small Business Blog

OCTOBER 18, 2007

Ethics And Small Business » « Previous Entries This entry was posted on Thursday, October 18th, 2007 at 9:26 am and is filed under Accountants/CPAs , Question & Answer , Small Business / SOHO , Sole-Trader , Suppliers , start-up in business. You can follow any responses to this entry through the RSS 2.0

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The Small Business Blog

OCTOBER 18, 2007

Even if you need the service or product from your supplier, check others all the time, insurance, telephone, utilities, etc. I have known people to go in blindly, purchasing an expensive site, before knowing what their internet strategy is, simply because they are intimidated by technology and a consultant told them that was what they needed.

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The Small Business Blog

APRIL 8, 2008

The costs will vary greatly depending on your needs – machines that make neon signs for a bar will be more expensive than if you are making wooden estate agent signs. The rest of your expenses will be related to promoting your website. The overall set-up cost could be from five to ten thousand pounds. Digg Furl Netscape Yahoo!

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The Small Business Blog

MARCH 14, 2010

Web development as well can be pretty expensive. John Said on March 23rd, 2010 at 2:26 pm Hi, as a recently established small business one thing we have found is the costs to be horrific in some instances for advertising. Digg Furl Netscape Yahoo!

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The Small Business Blog

NOVEMBER 19, 2007

This allows you to “tag&# expenses to products, departments, services or projects – giving you the opportunity to analyze the true cost of a department or any project. The new cost centre module is excellent for tracking expenses so that we can see which department or project the cost belongs to.

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The Small Business Blog

JANUARY 29, 2009

One of the greatest advantages of being a small business is the ease in which you can quickly implement new technology into the way you work, whereas any change for a large company is a lengthy and expensive process. Also, it is important not to lose focus of your main priority as a small business: making money. Digg Furl Netscape Yahoo!

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The Small Business Blog

JANUARY 13, 2010

It’s expensive to develop your own resources so it makes sense to share. There may be some crossover of routes but by co-branding, the airlines are able to give more flights to more destinations. Think of the motor industry. Some of the European car makers worked together to produce a new engine some years ago.

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The Small Business Blog

MARCH 19, 2008

However, the initial process of incorporation can be lengthy and expensive. The owners of a corporation are its shareholders and their only liability is their investment in company stock. The corporation itself is able to quite easily raise capital by selling off stock. Digg Furl Netscape Yahoo!

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The Small Business Blog

OCTOBER 17, 2007

A good side effect here is that you will have to look at your expenses and cost again, and may be able to make a judgement if that was good or bad money spent – you know what I mean – the hindsight thing. WinWeb also covers this version of bookkeeping. There are so many people who say they are not in the tax paying bracket yet.

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The Small Business Blog

SEPTEMBER 26, 2006

Whatever method you use to record your income & expenses at the moment, instead simply enter the details on a form on the Payments & Receipts pages of ‘Cashbook’ to record any money paid into or out of your business. You will then have a record of all your income & expenses shown with monthly totals.

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The Small Business Blog

JULY 20, 2010

People often say to me that their small business doesn’t have a website as it’s too complicated, takes up too much time or is too expensive. Digg Furl Netscape Yahoo!

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The Small Business Blog

APRIL 20, 2010

Not only is my wife employed by a firm that gave her plenty of maternity leave, they also offered help with expenses. Mitch Said on April 23rd, 2010 at 3:21 pm I think this is interesting. The firm withheld extra money from her pay after she was pregnant to give back to her at the beginning of her leave. Digg Furl Netscape Yahoo!

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The Small Business Blog

JULY 27, 2006

You need to look on your books as your very own window on the health and well being of your business. Also, when you buy such a system the up front costs can be expensive. So, now you know why you need to keep books, but how do you go about it. Some such systems are Sage , TAS , Clearlybusiness , and VT transaction.

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The Small Business Blog

APRIL 21, 2008

Maintaining a brand can be expensive in marketing terms so you may wish to drop some entirely. In order for the transition to go smoothly it will require a lot of planning. Failed brand consolidation – It will be important for you to have a clear idea of how you want to manage the new brands you acquire. Digg Furl Netscape Yahoo!

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The Small Business Blog

OCTOBER 25, 2007

Examples are rent, some employee costs, property taxes, telephone, heating and interest/bank expense. Fixed costs are operating cost that are incurred when providing necessities for doing business and have no relation to the volume of production and sales. Why should I keep my “Fixed Costs&# as low as possible?

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The Small Business Blog

APRIL 1, 2008

The set-up cost for this business is one of the more expensive ones due to all the equipment that will be required. Business environment and set-up cost: There is not much potential for international business because you will not be able to keep your prices competitive with foreign companies once you factor in shipping costs.

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The Small Business Blog

MARCH 2, 2010

If a start-up funds the development of their company through internal cash flow and are cautious with expenses, the company can grow with low-risk to all those involved. Bootstrapping is to start a business without external help or capital; I believe this is the best possible way to start a small business. Digg Furl Netscape Yahoo!

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The Small Business Blog

MAY 31, 2006

This might sound like a shocking statement, since "Enterprise Software" typically means the world of SAP and Oracle, and the traditional heavyweight, expensive, pay-huge-license-fees-upfront, then try-to-implement-forever model that does not work anymore. We advertised on television and radio and print. Digg Furl Netscape Yahoo!

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The Small Business Blog

MAY 10, 2006

It used to collectively refer to companies too small to be attractive for the major Enterprise Software providers – and of course the same held true vice versa: I assume most readers of this blog are in small businesses, and for you the rule has been that "enterprise software" is too expensive. Digg Furl Netscape Yahoo!

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The Small Business Blog

NOVEMBER 9, 2009

Let me spell it out for anyone who really has not got the picture, businesses go bust because: The banks will not lend money to them; Even if they lend the money it is so expensive that it takes any profit out of the deal; They run out of savings. Digg Furl Netscape Yahoo!

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The Small Business Blog

FEBRUARY 12, 2008

Then it is going to be more expensive, therefore, fixed pricing will be more ideal. However, if you are working on a project, such as building a website and it takes longer than you expect. Then you need to consider implications of time. If you are charging £18 per hour as an example and you are doing 100 hours of work.

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The Small Business Blog

JUNE 29, 2006

Another downside, if you make more profits than you draw out, you are still taxed on all the profit irrespective of whether you have taken the money, and with a 40% tax band this can be expensive. Digg Furl Netscape Yahoo!

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The Small Business Blog

NOVEMBER 7, 2007

It’s universally almost impossible to get a company to pre-ship a replacement for an expensive product. What makes customer service stink isn’t that suppliers make mistakes. Can’t fault you for not knowing, but Apple DID help you recover from it. It would have been easier for the phone rep not even to try.

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Stephanie LH Calahan

DECEMBER 2, 2009

Don't buy too sophisticated - you are not going to change your habits just because it's the New Year and the planner was expensive and looks good! My friend and I heavily use this function for keeping key information i.e. the websites we become member, minutes of meeting, some expenses.

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The Small Business Blog

OCTOBER 1, 2007

High profit home business Said on April 20th, 2008 at 9:12 pm Bootstrapping is great also because with success does not come huge expenses that can’t be endured with the ups and downs that come with any industry. It does not mean you can’t realise real profits either. The choice to remain low cost is a smart one. Great post.

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The Small Business Blog

MAY 8, 2006

Price may be driven down by some; however, we refuse to compromise on fees as they are set a realistic middle of the road, not the cheapest nor the most expensive rate. Once you reduce your fee you reduce the quality of what you do which in turn attracts a lower level of client, but then I guess it depends on who you want for clients?

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The Small Business Blog

DECEMBER 7, 2009

Senate bill won’t change small biz premiums: The Congressional Budget Office predicts the Senate health care reform bill would provide better, but more expensive, coverage in the individual insurance market, while having little impact on premiums for employer-based coverage. Digg Furl Netscape Yahoo!

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The Small Business Blog

MAY 12, 2010

This penalises small businesses, which can ill-afford to pay out for expensive legal advice. I would like to draw your attention to proposals made by HMRC, which could see accountants being forbidden to give even basic financial advice to their clients. This puts bigger businesses at an unfair advantage over their small business counterparts.

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