Advice

August 2010

What equipment will I need for my home-based business?

8:53PM | Monday, 30 August 2010 | By James Thomson The equipment you’ll need for your home-based business will depend very much on the type of business you are in.

What are the disadvantages of running a business at home?

8:50PM | Monday, 30 August 2010 | By James Thomson While home-based entrepreneurs enjoy a number of benefits thanks to the flexibility offered by a home office, there are a few traps to be aware of and challenges you may encounter.

What are the advantages of running a business at home?

8:35PM | Monday, 30 August 2010 | By James Thomson Running a start-up business from home has a number of attractions. It provides flexibility, it’s relatively low-cost (there’s no need to lease a commercial premises) and it allows you to juggle the stresses of work and family much more easily.

What training should I provide?

8:21PM | Monday, 30 August 2010 | By Patrick Stafford Training staff will help your employees increase efficiency, reduce staff turnover and will benefit your company in the long run.

How do I appraise and assess my staff?

8:19PM | Monday, 30 August 2010 | By Patrick Stafford Regular performance reviews are essential, and the more often the better. Set up meetings every six and 12 months with each staff member to assess their performance and set up new goals for them to achieve.

How do I build the right team?

8:17PM | Monday, 30 August 2010 | By Patrick Stafford It is absolutely essential you have the right people working together to move the business forward.

How can I motivate my staff?

8:15PM | Monday, 30 August 2010 | By Patrick Stafford The key thing to keep in mind is that money is not the only motivator. Your staff need leadership, direction and a unique culture to be motivated.

What makes an effective leader?

8:12PM | Monday, 30 August 2010 | By Patrick Stafford You truly need a vision for the business and how to get there. You need to have a clearly defined strategy, and you must be confident of your success – no one will follow you if you are too timid.

How do I find the best insurance for my business?

8:08PM | Monday, 30 August 2010 | By Oliver Milman There’s a range of things you can insure your business against and seemingly even more firms that are prepared to provide that insurance.

What do I need covered by insurance?

8:03PM | Monday, 30 August 2010 | By Oliver Milman Small businesses’ only insurance obligation is to provide work cover for their employees, to guard against injury or death claims.
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