The 8 Core Areas of Small Business Success
Biznostics has identified 8 core areas of small business success that form the foundation of a successful business. These come from extensive global studies into the key causes of small business failure. This is not necessarily a positive thing, though in order to have success, you need to know what causes failure, and this is a real thing because every 60 seconds somewhere in the world 83 small businesses fail – and it does not have to be this way.
When you get these 8 areas right in your business, then you are well on your way to the business success you imagined when you started your business.. and when your business is thriving, then your home life is thriving and this has a positive impact on your community.
Check out our latest business tips to help you run and build your small business

How to Improve the Effectiveness of Your Marketing
Would you like to improve the effectiveness of your marketing? You see, when most people work on their marketing they focus on the strategy. i.e. How

The Secret to Winning More Work
Many people when they start their business fall into the trap of taking on any type of work. It’s the old ‘no job too big, no

How to Convert More Quotes Into Jobs
Would you like to convert more quotes into jobs? If you are not making the sales you want, or you are missing out on opportunities you

The Importance of Setting Goals When You Start Your Business
It is important to set goals when you first start your business. Here’s why… When people first start a business they generally just get started. They

The Difference Between Markup and Margin
Many people starting a business run into trouble when they fail to understand the difference between markup and margin. Most people will price their jobs based

How to Keep Your Overheads Low When You Start Your Business
Keeping your overheads low is super important when you start your business. Because when you start your funds are often limited… plus there can be more

3 Bank Accounts to Setup When You Start Your Business
One area new businesses often get into trouble is managing cashflow. Things starts off fine. You start winning work and the money starts coming in. Then

5 Questions to Answer Before Starting Your Business
Are you thinking of starting your own business? Starting a business is such an exciting time of your life. You get to be your own boss.

Are Your Confusing the Urgent With the Important?
Where are you confusing the urgent with the important in your business? Too many businesses are working so furiously on the urgent and leaving the important

How to Create Your Ideal Business
Too many small business owners are caught up in the day-to-day running of things. And often they are just in survival mode. They are keeping their

Is Your Business Model Helping You or Hurting You?
Many small business owners have never even considered their business model, and so they don’t know if it’s helping or hurting them. They don’t even know

How to Make Better Financial Decisions in Your Business
Would you like to make better financial decisions in your business? Many small business owners make their financial decisions based on what’s in their bank account