Category Archives: Business

Understanding Your Business Model

Your business model describes the key elements of your business and how they fit together to create, deliver and capture value. If your business model is not sustainable, is inappropriate or inadequate then your business is at risk. Understanding your business model is essential if you are to manage and grow your business. In my…

Benefits of a Young Business Owner Having a Mentor

Two heads are better than one.  An old saying, but one that is of great value in the early growth stages of your business. Seeking out the advice of a mentor who has the experience of being in business can help you share knowledge in terms of specific business information or personal skills. The word…

Time Management

“Not that hoary old chestnut”, I hear you say.  So why am I raising it? The reason is the problem never seems to go away.  It continues to be mentioned by business owners I meet in my role as a mentor. In large organisations time management can be addressed in performance reviews, and support and…

Working On Your Business Not Just In It

We’ve all heard and used the phrase.  But exactly how should a business owner go about working on their business? The first challenge is that of knowing what to do.  Some business owners prefer to act on intuition and are successful, but this has the disadvantage of being hit or miss. Others prefer to be…