Having been running my own business successfully for 15 years now, I dare say I know a thing or two about it. I have come a long way over the years, stepped on more than one rake, learnt countless lessons, fallen down and got back up again. What has made my business successful and growing despite all the challenges? Here are some of my recipes for a successful business: 1. Plan your profits. [...]

If you decide to start a business, it's not enough to simply have a product and know who to sell it to. You will have to deal with a lot of paperwork at the start of your business, and take the time to study all the information so that you don't have any unpleasant surprises. This can be done on your own and will require: 1. 2. Fill in the VMI forms: contacts, type of activity, [...]

One of the fears many people have about starting their own business is the fear of publicity. Yes, once you have decided to set up your own business, whatever it may be, you become somewhat of a public figure - the more public you are, the more people will take notice of the products or services you offer and the more orders or offers of collaboration you can expect. But how [...]

Do you believe in astrologers, numerologists or other experts on the signs of the Universe? It turns out that a lot of people do, and their advice is very important to them. I was once approached by a woman who wanted a company to be founded on a specific date because a well-known astrologer in the community had calculated a successful business that way. The clients' wishes and [...]

Some start a business from the ground up, just as others start a company from the ground up. However, there are times when one is tempted to simply acquire (sometimes take over for free) a company that is no longer in business (UAB or MB). Here are some of the main reasons for this decision: ✔need a company here and now; ✔need a company "with a history"; ✔need a company registered in a specific locality; ✔want to take over a real business and [...]

When I interact with people, I also have to learn about their fears. I have found that it is often what we want that scares us the most. One of these fears is about deciding to start my own business. The reasons for these fears can be varied. ✔ Psychological blocks related to lack of confidence, low self-esteem and an unconscious desire to "avoid" money (when one subconsciously associates money with "dirty [...]

Selling goods or services at cost? It seems like the silliest thing to do, because everyone wants to make money. I would recommend not to be so categorical at this point and to take a broader view. In certain situations, it does pay to sell goods or services at cost. Don't believe it? Here are some examples: ✔ For a newcomer to the market, it often pays to work for [...]

I don't like to be idle and just say that we are the best. Every second person on the market says that, but how do you know who is really the best? Here are a few facts why you can trust us to set up your company: ✔ We always answer emails and phone calls; ✔ We make it a priority to meet the client's needs and expectations [...]

Do you know the feeling "I would like to start my own business, but I'm afraid that..."? If you think this is something that only happens to you, you'd better change your mind. Fears of all kinds arise for many people when life is ripe for change. It's not clear how it will be, whether I will be lucky, how things will work out, whether I will be able to manage, whether I will manage my accounts, whether I will have enough money for taxes, etc. [...].

I often have the attitude that you need to be fully prepared, to learn, to know, to understand, etc., before you can do something. This means that if you want to do floristry, for example, you have to have done a course in it, you have to know all the nuances of it, and if you want to teach others how to dance, you have to be an excellent dancer. When you think about it, it seems that in order to start your own [...]

Why is business stagnating? Why has turnover fallen? What is needed to keep the business growing? These are questions that often plague most entrepreneurs. Fortunately, all the answers are there. And they are right in front of you - in your company's numbers. In the numbers you can see not only the problems, but also the solutions, the growth points. In this article, I talk about the first 5 indicators you need to [...]

Next, we'll look at where to look for growth points in your business. In my last article, I talked about the 5 key financial indicators that need to be tracked correctly. You can find that article here. Today, we'll look at 6 more indicators you can't turn a blind eye to if you want your business to grow. 1. BUSINESS PROFITABILITY This indicator shows how efficiently a company's assets are being used and how well they are generating profits. [...]