We get it, the thought of limiting your target market by niching down can be scary, especially when you’re just starting out. You feel if you only service a particular group of people, you’ll limit your chances of landing clients and making more money. But the truth is, niching down does the very opposite!

Do you have clients or customers that aren’t paying on time? Asking for an overdue debt to be paid is an uncomfortable but sometimes necessary part of being a business owner. Usually, sending a friendly reminder or giving a courtesy call is enough to prompt the customer to pay you. But if the customer isn't responsive, you might have to escalate the situation. Here are some steps you can take as a guide to receiving an overdue payment from a customer.

As a business owner, your business’s financial health is of the greatest importance. There is more to measuring the financial health of your business, however than simply looking at how much money is in your bank. In fact, there are many tell-tale signs that indicate your business is financially unhealthy. Recognising them can make all the difference in ensuring your business survives. Let’s take a look at 5 signs of poor financial health in small businesses.

A business relationship is one of the most significant connections in your life, so getting the right partner makes a material difference to your best business outcomes. There are a few boxes to tick on any potential business partner to ensure your professional relationship is a long and successful one. We’ve put together 5 things to look for in your ideal business partner.

If you want your business to make more money, there are only 4 ways to increase revenue: increasing the number of customers, increasing average transaction size, increasing the frequency of transactions per customer, and raising your prices. Understanding the 4 ways in which to increase your revenue can be helpful in deciding how and where to focus your efforts in building your business. So let's jump into it!

We've said it before and we'll say it again, the systems and processes you have in place are KEY to scaling and growing a successful business. Whether you are a solopreneur or run a growing business, having the right systems and tools in place can help you effectively and efficiently run your business. Poor management has led to the failure of countless small businesses. Here are the 6 systems you NEED to build a successful, long-term business.