The Business Builders Newsletter #86
By admin
The Business Builders Weekly Newsletter
4 Must-Have Skills For Every Small Business Owner
Every business owner you meet today is trying new techniques, new strategies to grow their business.But as your business grows, it begins to require more of you; more time, more resources and, more skills.
And unless you grow with your business in capacity and skills, you wouldn’t be able to grow your business effectively.You would miss out on growth opportunities, and fail to carry your business where it should.
This is why you cannot rely on the few skills you have used to run your business so far, to continually grow your business.Moving your business from one level to another means that its needs would have to change.
Importance Of Contracts To Small Businesses
A simple handshake used to be all it took for two individuals or businesses to enter into a legally binding agreement – not anymore!
Today, many small businesses in Nigeria and around the world have opted to protect themselves from losses from broken deals, breach of agreement, etc. by signing legally binding contracts.
The truth is that these contracts do not always have to be bulky and complicated; they just have to contain a few elements like an offer, acceptance, consideration, etc.
Keep reading to learn more about the five contracts your small business needs and how they can help your business grow.
3 Tips To Make Your Small Business Outlive You
Only 20% of small businesses outlive their founders.
What a shame!
This is especially sad when you consider the effort and resources it takes to build a business, only to see it all crumble when the owner becomes absent.
The truth is that no business owner wants his or her business to die when they retire or are appointed into public service or suffer a health challenge.
They’d like the business to go on and prosper.
But to make that happen goes beyond just wishing for it, it takes hard work, foresight and structure that many small business owners are unfortunately too busy to handle.
If you want to build a business that can live on after you have left it for whatever reason, here are a few tips that would help you put things in place to achieve that goal.
Contracts & Agreements Made Easy Vol. 2
Many small businesses have lost a lot through contracts and agreements.Contracts And Agreements Made Easy provides a comprehensive range of sample contracts and agreements that you can use to avoid such loss.
If your business prepares contracts and agreements or you have to scramble for your lawyer each time you need a contract or agreement to complete a transaction
Then you answer search no more.You now have the book that guides you through making contracts and agreements without having to go to your lawyer.
SME Financier
If your business is unable to attract equity from investors or access credit from lending institutions?Then SME Financier is what you need.
SME Financier works with you to create clarity and credibility around your books, enabling your business to run on credible data, not on hunches. It helps to make your accounting and finance practices totally intuitive to you and easily understandable to third parties.
Get on the fast track of small business finance.Find the money you need to start, grow or scale your business.
You can view a wider range of our products and services at the SME Shop.
Be part of our community. Join the conversation at THE SME GROUP.
You have questions or feedback? Simply reply this email.
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