Archive for the ‘business growth’ Category

How to Boost New Business Cash Flow

Wednesday, December 19th, 2012

A problem with cash flow is one of the main reasons that businesses fail. Even if you have work coming in and are generating profit, not keeping a handle on the business expenditure can quickly spell disaster, even for the best business ideas.

Of course, there are certain essential expenditures that all businesses need to factor into their cash flow projections. Office supplies are one of these expenditures – however, it is possible to minimise the impact that stocking up on the basics has on your business cash flow.

Discount Office Products

Buy Discounted Office Products

When shopping for personal items you’re likely to shop around for the best possible price. It’s important to also apply this bargain hunting mentality to shopping for your business supplies. You can find all that you need for your business, from stationery to furniture, at Office Allsorts, the online superstore for discount office products. With prices discounted up to 90 per cent, you’re sure to find the best possible buys. Office Allsorts will even deliver them directly to your office and also offer a free no quibble returns policy for ultimate peace of mind.

Choose 5 Star Products

Slash that stationery bill even further by forgoing the branded favourites and going for  ‘no frill’ discount office products. The 5 Star range at Office Allsorts may not have fancy packaging, but it offers quality products without the price premium that a well know brand will command.

It’s easy to shop for 5 Star discount office products at Office Allsorts using the dedicated search facility.

Apply for Credit

If you really need to control that cash flow then you can apply for a business credit account at Office Allsorts. This buy now, pay later solution means that you can have all that you need to get your business off the ground, and pay for it over time, as a manageable outgoing.

Keep your cash flow under control and you’re already on your way to making your business a success. Office Allsorts makes it easy to stock an office without breaking the bank, and time spent browsing the website is time productively spent.

Author:  Carl Barton

Time to Expand Your Business?

Tuesday, August 7th, 2012

When you’ve built your business up so that you are running at full capacity then it may be time to expand your business. For example, if you find yourself with a full order book, no hours left in the day and perhaps even having to turn work away. But how?

There are many ways in which you can expand your business, including:

Expand your BusinessHiring

When you are working at full capacity, hiring in some help can, in theory, enable you to double the work that you are able to take on. Hiring in staff to take on other tasks, for example, your admin or marketing, can free up your time to work on your business priorities. Taking on staff could even help you to expand your business even more, by enabling you to spend time bringing in new business – thus creating a positive circle.

Do, however, consider the costs and responsibilities involved in hiring staff. Go to the HMRC website for information regarding your legal obligations and let Office Allsorts deal with your additional office furniture and equipment needs.

Diversifying

Diversifying – perhaps by expanding your range or moving into a different but related area, can be a great way to move your business on to the next level. It is usually wise, however, not to move into a completely unrelated line of business. For example, a web design business could also offer a copywriting service as the two are linked and one line of work will feed into the other, making for organic expansion.

You could also consider moving your existing product or service into a different market, perhaps adapting it slightly.

Franchise

Deciding to franchise your business is a big step, but one which can bring vast returns. You do however have to be prepared to relinquish some of the control, which can be difficult for small business owners. But if you are serious about expansion then it is something that you will have to come to terms with, as delegation is key – whether that’s to a new staff member, a manager of a new premises, or a franchisee.

Deciding that it’s time to expand your business is an exciting step worth celebrating. If the time is right for you and your business then careful expansion can move you onto the next level of success.