Manage your small business: Tips and advice for common challenges
It is no easy feat to manage a successful small business.
The first two years of a business can often be the ‘make or break’ period. As you transition from launching your business to managing your business you may encounter any number of day-to-day operational challenges. With that in mind, we have assembled videos, guides, and expert advice to help you start, manage, and move your business forward.
In this article, you will find resources to help you with:
- Starting a business 101
- Getting customers
- Managing cash flow
- Reducing admin
- Building a team of advisors
- Hiring employees
- Managing uncertainty
Starting a business 101
You have an idea for a business. It’s always been your dream. You may have even told yourself “This is the year!” Here are some articles to help you take the leap.
How to start a business in a weekend with just an idea and a smartphone
The secret weapon to surviving your first 90 days in business
Making the leap from employee to entrepreneur
Related templates and guides
Getting customers
Customers are the lifeblood of any business. Whether you are looking to land your very first customer or support your existing customers, these articles can help.
10 steps to grow your customer base
Why referrals are vital to your business growth
Top three pricing mistakes to avoid
Related templates and guides
Managing cash flow
Staying on top of your cash flow is crucial for your business to succeed. Thankfully, the principles of cash flow management are pretty straightforward. Here are some resources to help you manage your small business cash flow challenges.
5 ways to manage your cash flow
VIDEO: Understanding small business cash flow 101
Measuring small business growth
Don’t mix personal and business finances
Related templates and guides
- Guide to controlling cash and strengthening your business
- Cash Flow forecast template
- A guide to understanding small business financial management
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Reducing admin
Running a business can be challenging. All too often, too much time is taken up by business admin. Freeing up just a little of that time could be a game changer. Here are some articles to get you started:
15 of the best admin hacks for small businesses
The cure to your admin headaches
How HR self-service tools can save time for small businesses
Related guides
Building a team of advisors
When starting a business, you can either do it the “hard way” – relying solely on your own experience and expertise – or you can take the less painful route and get valuable insights from a mentor. Here is some advice to help find and build your team of advisors.
How to make mentorship a part of your business strategy
Mixing family with business? Here’s how to make it work
Translating accounting lingo for small business owners
Related guides
Hiring employees
Hiring a new employee is always a big step and can give your business a competitive edge. Here are some resources to help you build and grow your team.
Building your team: How to master the art of hiring top talent
Key components of a successful employee onboarding experience
The secret to managing remote employees
Related guides
- A-Z guide to understanding payroll
- A small business guide to HR
- The secrets of better performance management
Managing uncertainty
Business contingency planning is useful for any unexpected situation, whether it be a global pandemic, inclement weather, or a mass transit strike. Here are some resources to help you develop a contingency plan for your business.
Safeguard your business during unprecedented times
How business intelligence tools can transform a small business
Related guides
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