Small Business Growth

A growing small business is one that is expanding in one or more ways. There is no single metric used to measure growth. Instead, several data points can be highlighted to show how an SME  is growing.

These include: Revenue, Sales, Business value, Profits, Number of employees and Number of customers

Small businesses and SME’s can grow in some of these metrics but not in others. Here are our thoughts, ideas and strategies to help you grow the business your hard work deserves.

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Small Businesses can lead the charge on plastic waste and sustainable businesses - Small Business News for Smart Business Owners - YBKBS
  

Small Businesses Can Lead The Charge on Dealing With Plastic Waste

New data has revealed that almost three-quarters of UK consumers (71%) think brands, retailers and small businesses are NOT doing enough to make their beauty and personal care* purchases more sustainable. They also identified plastic waste as the main culprit – around half (46%) see it as the biggest sustainability challenge facing the industry.

eBay posts impressive numbers - YBKBS Small Business Magazine
  

eBay Friend of The Small Business – Posts Impressive Results

Friend of the Small Business owner, eBay has posted some impressive figures after Christmas 2020

Boohoo, the online fashion retailer, has bought the Debenhams brand and website for £55m, but will not take on any of the businesses remaining 118 High Street stores or its workforce.
  

Debenhams – Another Nail in The High Street Coffin -Thanks to Boohoo

Boohoo, the online fashion retailer, has bought the Debenhams brand and website for £55m, but will not take on any of the businesses remaining 118 High Street stores or its workforce.

After an awful 2020 for small business could 2021 be the year that small business shines?
 

2021: The Year of the Freelancer?

Whether your business has thrived or barely scraped by this year, it’s been a rough ride. We’re all going to need to plan, strategise, and draw on all the resources available to us next year. With that in mind, I wanted to delve into an interesting trend I’ve noticed and ask this question: will 2021 be the year of the freelancer?

how do you get rid of a customer that you don't want?
  

How to Break Up with a Client

Whatever the reason, sooner or later there will likely come a time when you have to break up with a client. But there’s a right and a wrong way to do that. Here are a few things to bear in mind as you navigate the sometimes-messy process of ending a business relationship. 

do you need to hire a virtual assistant? YBKBS magazine
 

Do You Need to Hire a Virtual Assistant?

There’s been a lot of buzz about virtual assistants in the last couple of years. Perhaps you’ve already worked with one, or thought about doing so. But maybe you’re not entirely clear how a virtual assistant (VA) can help your business, or whether you’re at the stage where hiring one would be helpful. 

Today, we’re talking about all things VAs! 

5 small business myths that might be holding you back
 

5 Small Business Myths That May Be Holding You Back

Do you feel like you keep posting and posting on social media but you’re getting little to no response? Have your follower numbers plateaued? If so, your content might be the problem. Too many business owners fall into the bad habit of only posting when they’ve got something to plug, or posting the same types of content again and again.

Here are a few ways to add variety to your content and get your engagement rates soaring:

passive income fact or fiction? small business article for YBKBS magazine
  

Passive Income: Fact or Fiction?

When people hear “passive income,” it conjures up images of money for doing nothing. It’s a very seductive myth. Who wouldn’t want to have the cash rolling in while they lie on the beach sipping a cocktail?

client red flags to watch out for for ybkbs small business magazine
 

Client Red Flags to Watch Out For

Have you ever agreed to do a project for a customer or client, only to have them add on “one extra little request” once you’ve started work? You’re kinda annoyed, but you let it slide and do the extra thing. Got to keep the client happy, after all! But they soon come back with just one more tiny little extra… and then another… until, next thing you know, the project is completely out of proportion with what you initially agreed to do…

scope creep: what it is and how to stop it taking over your life for ybkbs small business magazine leicester
 

Delegation Tips for the Recovering Control Freak

Have you ever agreed to do a project for a customer or client, only to have them add on “one extra little request” once you’ve started work? You’re kinda annoyed, but you let it slide and do the extra thing. Got to keep the client happy, after all! But they soon come back with just one more tiny little extra… and then another… until, next thing you know, the project is completely out of proportion with what you initially agreed to do…

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