Jürg Widmer Probst
Statistics show that brand loyalty is being replaced by consumer demand for tailor made service. Data from consultancy McKinsey demonstrates this, with 58% of consumers saying they are no longer brand loyal. This has profound repercussions for running a small business effectively. There has never been a more competitive time to launch or run a…
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Economic uncertainty is going to be with us for a while. COVID-19 has damaged the global economy and in the UK businesses are suffering. Is it possible for small business growth to happen under these circumstances? My experience of the small business sector leads me towards ‘yes’. I think that SMEs, small and micro-businesses will…
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Small businesses are going through an unprecedented situation as their usual challenges are exacerbated by COVID-19. And while we all continue to find our way through the economic impact of the virus, a new report shows that small business owners remain optimistic about the future. Small business optimism stands firm against COVID-19 The report, from…
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While COVID-19 is impacting everyone around the world, there’s little doubt that small business owners are among the worst hit. So, does this mean there are no opportunities at all right now? And how should small business owners navigate the choppy waters left in the pandemic’s wake? In practical terms, the best thing small business…
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After seven weeks of partial lockdown that forced many small businesses to temporarily close down, the Government has announced the first steps for reopening. Coronavirus is still with us, of course, but there is now a plan for phased reopening for small businesses. This was first announced by the Prime Minister in a TV address…
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Countless small business in the UK are facing a dramatic challenge due to coronavirus. Whether facing a drastic loss in cashflow or an uncertain future due to lockdown, small business owners up and down the country are concerned. Projects are being postponed and, in some cases, work is drying up completely. For other businesses, clients…
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If you run your own business, then small business accounting might be something which fills you with dread, but it doesn’t need to if you follow some simple guidelines. As long as you keep good records and understand the basic requirements you can stay on top of your without losing focus on running a great…
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Networking is an important part of any small business, and online networking can open up more worlds of opportunity. You can use social media and dedicated networking platforms to find bring in new customers, share ideas with your peers or even establish yourself as a thought leader and inspiration to others. Whatever your goal, you…
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Wouldn’t it be great if there were a few simple things you could do today that would directly influence how to run a successful small business? Well, it turns out that there are… How to run a successful small business – listening is key Listening is the single most important skill that any business owner…
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Growth is good, right? It’s the whole reason why you’re in business. To sell more stuff, to get more customers, to take on more employees: to get bigger. Maybe this is the case for you, or maybe not. Many business owners recognise that actually there are some big advantages to keeping things small scale. We’re…
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