A bank thatâ€™s viewed by its customers as small business experts will develop and maintain excellent relationships with those customers. And one of the best ways to do this is by providing them with a Small Business Resource Centre.
Effectively protecting business data and systems from cyber fraud is down to preparation and planning. The better the protection is, the less likely itâ€™ll be the target of an attack.
Your small business customers should be using a SWOT analysis not only for themselves, but on their competitors as well. It helps them to fine-tune their business strategy, because it identifies internal and external factors that can help or threaten their business. If youâ€™re chatting with your small business customers […]
Establishing efficient systems means that not only a businesss owner get paid faster, but theyâ€™ll also reduce the risk of late or non-payers.
It’s important to always have the business in good shape to sell. A business owner never knows when an unexpected offer might pop up, or they might have to step down suddenly for health reasons.
Staying up-to-date with social media trends can be an essential part of keeping in touch with your small business customers.
When you’re creating content targeted at small business owners, remember that they’re human – not just an SME.
Aside from records and taxes, an accountant can â€“ and should â€“ become a trusted advisors. They havenâ€™t spent all that time learning about financial systems for nothing, so they can become a valuable mentor
It’s always a good idea for small business owners to have their taxes done by their accountant, but it’s also worth explaining to them the basics of how they can save money – for example, through depreciation.
Being able to conduct regular and accurate cash flow forecasts is an essential tool for any small business owner.