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Our Experts' Insight section provides business owners with a bank of educational and informative articles from some of Fife’s leading consultancy practices and businesses intended to share their expertise and offer hints and tips to help you grow your business.
According to the Office for National Statistics, 90% of all failed businesses had some degree of cash flow problem. Lack of funds can have serious implications for businesses, from pressure from creditors for late payments to problems paying staff and other bills. In turn, cash flow problems can curtail a business’ ability to maximise timely sales while negotiating creditor payments takes away from the proper development of a business.
Creativity is essential in business. Whether its the way to communicate to your customers, the way you position your products, your use of social media or simply how you keep your employees, motivated, the search for new ideas and inspiration is never ending. But, for most people, being creative isn't something which simply happens. It requires time, effort and commitment. So here are a few ways you could help yourself to be creative.
You’ve spent hours, if not years on the creation of your own business. You’ve agonised over your logo, the colour, the font, the style.
Your business cards look smart, with your logo embossed and the easy URL stands out perfectly.
Your website gleams, it’s just the right mix of passion from yourself and what it is your target audience needs to know. Your business is ready to open to the market place…
But there’s one side to a business brand that is often over-looked and this can be costly…
Have you ever felt that progress comes in batches? At some point in time someone has a brilliant, life-changing idea or invention. What follows is an avalanche of innovations that evolve the original idea in continuously diminishing marginal returns. In the end, even the entrepreneur who has delivered yet another app or yet another gin flavour, would feel a degree of disenchantment.