time

A Small Business Owner Guide to Managing Your Time Effectively

A Small Business Owner Guide to Managing Your Time Effectively

The most precious resource you have, it is crucial you manage your time smartly. Here’s how More than anything else, time is the most precious resource you will deal with as a business owner. Unlike money, you can only make so much of it in a day, so it is crucial you manage your time as effectively as possible. This article will provide you with invaluable tips on how to make time work for you, including how to prioritise and plan your time, which day-to-day tasks can be automated or delegated, and common pitfalls to avoid. How do I prioritise my time? You won’t have the time to deal with everything in your day, so prioritising is essential. Follow these steps to manage your time effectively: Work out your goals: Write down a list of all your goals. Try and spend time on activities that h... »

Lost Time is Lost Money

"New Business" Response Times It may seem like a cliché but in business time really is money. And to back that up new research, supported by the UK’s business leaders, reveals a shift in response times to "new business". Critically there is a "two hour window" in which to respond to a sales enquiry otherwise one in three companies will say they will simply take their business elsewhere. Vodafone’s latest research into mobile working polled more than 1,000 managers, directors & business owners and found the true cost of businesses failing to communicate with customers. Only 20% of sales staff have any form of mobile communication with their offices the average value of a lost sales call is £18,000 and in higher-stake businesses that... »

A Guide to NVQs for Business

A Guide to NVQs for Business

National Vocational Qualifications (NVQ) can offer a range of benefits to your business – they are nationally recognised qualifications covering almost all occupations, from customer service all the way up to business management. Because of this, even the smallest firms can benefit from NVQs in some way; most will have some staff who could benefit from a customer service-based NVQ, at least. What can NVQs offer my business? Essentially, NVQs can measure whether someone has the competence to do their job according to a set of standards, which are based on work performance. These standards are agreed and set according to industry, and are generally measured in different modules or ‘units’, each representing a different area of work performance. For example, the core units for the ‘Health and... »