An effective elevator pitch can often be the only difference between you and your competition. If you're up to your eyes in trade shows, conferences, or business lunches, be sure to have a tried and trusted pitch at the ready.
Customer delight is everyone’s responsibility. Modern SMEs cannot afford to make their customers unhappy. If you don't meet their expectations, they can publicly share their criticism online. It's so easy nowadays for any customer, client, or happenstance bystander to share their instant discontent on the likes of Facebook Reviews, TripAdvisor, Yelp, or Google Reviews...
The onslaught of emails is constant, particularly when you're running your own business. Figuring out how to manage the never-ending wave of communications is key to squeezing the most out of each day.
We’ve all been told at one time or another that "it’s not what you know but who you know" that counts. Now, while there is no substitute for real knowledge and expertise, it certainly helps to have a highly developed network of contacts.
Sitting here on Europe’s periphery in a relatively small market, the ability to ship our products and services overseas is vital, both for the economy as a whole and for individual SMEs. If your business has hit a ceiling at home, then export may be the only way to take things to the next level.
Crowdfunding, crowdlending, marketplace lending, P2P lending, online lending, AltFi. These are all terms that Irish business owners are hearing more and more. As FinTech (Financial Technology) continues to transform the traditional financial landscape, SME owners need to understand these terms, particularly P2P lending.
Topics: P2P Lending
Time is money. When you’re driving your own business you will need to wear many hats. You'll be making financial strategy decisions one minute, and unloading a delivery or answering phones the next. When you're trying to keep so many plates spinning, it can be difficult to focus on what's truly important. It can often feel like there are not enough hours in the day.
It might surprise you but even in this digital age, up to a third of Irish SMEs still don't have a website and about 90% have no e-commerce capabilities. A lack of in-house skills is often cited as a major obstacle among those businesses with no online presence. But in an era of easy access to information there really is no excuse...