The last 12 months have been incredibly tough for all of us, but we’re optimistic that 2010 will be a great year for UK small businesses. To succeed, businesses will need a sound understanding of their priorities and strategies. Based on our discussions with small business owners, we have come up with the Top 10 Goals for 2010 that every small business owner needs to think about.
Here is a taste of some of the tips on offer:
1. I will sort out my finances
Sometimes even the greatest business ideas can fail due to a simple lack of readily available cash. This is something that many small business owners find challenging to keep track of, but it’s vital to be aware of how much is being spent and for what, as is tracking VAT and making accurate returns. It is important to keep on top of bookkeeping right from the start, otherwise there is a risk of forgetting crucial costs or, even worse, failing to invoice a customer.
2. I will learn something new
Going solo can be nerve-wracking and lonely at times, however there is an absolute wealth of advice and top tips available online, as well as many forums and communities where other small businesses share their experiences. Our blog has advice and tips, including the ‘Secret Guide for Small Business’, which was created by small businesses for small businesses. Smarta, Enterprise Nation and BusinessLink are just a few other examples of sites where you can get free information and support.
3. I will become web-savvy
Having an online presence is absolutely essential for small businesses and the most recent Business Pulse survey found that over a quarter (28%) of small businesses surveyed have found more customers through use of technology. Whether it’s getting a website, investing in SEO (Search Engine Optimisation) to get found when people search online, or even getting involved with social networks such as Facebook and Twitter, the internet has become an important forum for businesses to reach and interact with their customers.
You can view the full ‘Top 10 Small Business Goals’ at www.smallbizmatters.co.uk.
Have we missed your number one goal? Feel free to share your ambitions for 2010 in the comment section below.
These are all very vital tips to make a business and entrepreneurs afloat during this times. I agree that it pays good to web savvy.
Posted by: Basic Bookkeeping Online | 12 March 2010 at 05:39 AM