This brief note looks at how to exercise good leadership in a small or medium-sized business. It is not about how to become a famous, charismatic leader or a future captain of industry, but simply how to be effective in leading your organisation.
Posts Tagged ‘OMB’
Business Leadership
Sunday, August 29th, 2010Tags: OMB, SME
Posted in Australia, Canada, France, New Zealand, UK accounting, USA | 2 Comments »
Doing business online
Wednesday, August 11th, 2010This post looks at promoting your business and selling goods and services over the Internet. Its purpose is twofold:
- For small and medium sized businesses that already do business online – to provide pointers on how to extend and improve their operation
- For the 52 per cent of UK small businesses that still do not have a website – to provide information and tips on how to get started
The three principal ways to promote a business and trade online are: (more…)
Tags: OMB, Online Marketing, SME
Posted in Australia, Canada, France, New Zealand, UK accounting, USA | 1 Comment »
Local heroes
Friday, June 18th, 2010Small business leaders elevated entrepreneurship to almost heroic proportions through the dedication and sacrifice they made to keep their businesses afloat during 2009.
According to a recent report by Hiscox:
- One in five SME bosses invested on average £17,000 of their own savings in their business last year
- Over a third cut their own salaries to reduce operating costs and improve cashflow, while only a tenth cut the salaries of their senior staff
- And a third increased their working hours by on average 12.5 hours a week, with one in ten working over 50 hours a week to keep their businesses afloat
And for many there was a personal cost as well:
- 38% have suffered from stress
- 24% had times when they were unable to sleep through worry
- 13% have seen their marriages suffer
Let’s hope that this year will prove to be kinder and reward these business leaders for their commitment and sacrifice.
Tags: OMB, SME, sole trader
Posted in UK accounting | Comments Off
Monitoring performance
Wednesday, May 12th, 2010These days it is more important than ever for businesses to monitor performance on a regular basis. Not only does this help to avoid nasty unforeseen surprises, it also gives your business more flexibility and agility – a definite plus in today’s unpredictable economic climate.
Tags: OMB, SME, sole trader
Posted in UK accounting | Comments Off