Sunday, 12 March 2017

50 How To Create A Successful Company Guides For London Business Advice Tips


Welcome to BBEN - THE BUSINESS BUILDING EMPOWERMENT NETWORK! 


To learn how to create a successful company or higher level success business in London here are ideas, advice and lessons for London small business leaders, owners, founders and entrepreneurs.  


There are business strategy ideas and business advice for success from various sources ie successful business leaders, successful founders, professional business consultancy firms and successful national and international companies. 


Here Are The Business Strategy Advice Tips Images Here!


Simply review and learn lessons and ideas for your business from the pictures, images and notes shared below in this blog article by BBEN Business Network. 


Accounting Information Advice Tips Ideas 1





Learn How To Avoid The New Tax On Partnership Loans

Back in the mists of time, a ‘tax planning’ idea gained momentum. It enabled employers to make loans to their employees through employee benefit trusts in place of a salary, and this avoided or delayed the payment of PAYE tax and national insurance contributions. You can learn even more about this for effective accounting. 

Accounting Information Advice Tips Ideas 2


Another image above with some ideas for effective London businesses accounting planning. 


Accounting Information Advice Tips Ideas 3

Accounting Information Advice Tips Ideas 4

Potential Complications For Partnerships In Future

Although there are some cases were the application of these new rules will be clear cut, there are also instances where an unexpected tax charge might apply.

The following examples highlight situations where an unexpected tax charge is likely to apply:

A partner withdraws cash from a partnership as part of his monthly drawings which are in excess of the profits allocated to him to date. 

Although the drawings may subsequently be cleared by taxable profit allocations, there are exceptions, and these will trigger a tax liability.

A start-up partnership or sole trader making low profits may be funded by borrowings. Drawings in this case may be funded by those borrowings rather than by profits, and so will effectively be a loan until profits are made in the future, and so will now be taxable. 


Accounting Information Advice Tips Ideas 5
Set The Groundwork For Next Year Now

If you don’t want to face the same problems next year, take steps now to prevent them. Collect all of your paperwork for the current tax year (which ends on April 5th 2017) and buy a box file to keep important documents such as interest certificates from your bank, dividend vouchers showing money received on shares, and so forth.

Make sure you’re also keeping on top of your day-to-day business accounts and your expenses too.

Accounting Information Advice Tips Ideas 6

When your company is implementing a new accounting system, setting up consolidation processes, or needs to improve timeliness and financial statement quality.


You can learn even more about business accounting, plus other SME business strategies ie marketing, operations plans, commercial legal, sales strategy, business finance, business leadership skills with 1 Business Guide


Marketing Objectives Strategy Advice Tips Ideas 7


Marketing Objectives Strategy Advice Tips Ideas 8


Start A Business Webinar

When you run a webinar, giving some advice, tips and ideas to your audience and your potential customers can also help you in “Building Up” your customers. 


Some webinar visitors may want to buy into your offer instantly, others may say no, and others may buy it later stage. You can learn more advice above marketing tips when you register to learn more. 


Marketing Objectives Strategy Advice Tips Ideas 9


Marketing Objectives Strategy Advice Tips Ideas 10


Story Telling


Advice from a highly successful business leader and entrepreneur Richard Branson includes story telling.


Richard Branson has mentioned that Hollywood, Bollywood and also the books and magazine industries demonstrate that there is nothing sells better than a great lovely story.


Marketing Objectives Strategy Advice Tips Ideas 11


Marketing Objectives Strategy Advice Tips Ideas 12

Send A Weekly Email

Sent one email a week to your customers, leads, prospects to maintain your business relationship with them. 

Send an email that is of good value to the people you already do business with or potential can also become your clients.

Business Strategy Advice Tips Ideas 13


Do The Most Important Thing For Your Business Each Day

Mark Zuckerberg founder of Facebook advised to do the most important thing you could be doing with your business.

Simply ask yourself every day this question, ‘Am I doing the most important thing I could be doing?’ You can learn more from Mark Zuckerberg for your London business progress and success with your "Business Guide" once you subscribe. 

Business Strategy Advice Tips Ideas 14


Do Insist On Experiments To Test Out The Assumptions You Have Made

Having strategic business plans necessarily involve hypotheses that certain outcomes (increased revenues, improved margins, higher ROI) will result from a given set of initiatives.

Business Strategy Advice Tips Ideas 15

Business Strategy Advice Tips Ideas 16



Understand What A Strategy Really Means In Your Industry Sector

McKinsey Consultants have some advice here on business strategy. This is that by the time business executives have reached the upper echelons of a company, almost all of them have been exposed to a set of core strategy frameworks, whether in an MBA or executive education program, corporate training sessions, or on the job. Part of the power of these frameworks is that they can be applied to any industry sector.

Business Strategy Advice Tips Ideas 17


Business Sales Methodology Advice Tips Ideas 18

Develop A Sense Of Urgency

Brian Tracy a very successful business leader has advised many “business leaders” and “entrepreneurs” over many years about effective sales strategies for their own businesses greater success.

His advice is the first thing you should start with when attempting to close a sale is to create a sense of urgency.

The client or customer you are attempting to sell to should feel as though they will miss out on something special if they don’t decide to close the deal today.

You can learn even more from Brian Tracy with your 100 Business Strategy Guide once you register. 

Business Sales Methodology Advice Tips Ideas 19

Minimize What You Say

One mistake that many sales people make is talking too much while they are attempting to make the sale. This is especially true of sales people who are fresh in the business. Instead, create a convincing speech with as little talk as possible. You can learn more with the guide. 

Business Sales Methodology Advice Tips Ideas 20



Business Sales Methodology Advice Tips Ideas 21

Identify The Decision Maker

No matter what industry you are in, knowing the decision maker is crucial to a quick close. Many times the decision makers will send someone else into the fire to learn all of the information they can about your company.

Business Sales Methodology Advice Tips Ideas 22


Business Sales Methodology Advice Tips Ideas 23
Know Your Competition

Competing for business is tough. Knowing the areas that you are more competitive than your competition can lead to that quick close.

Again, this is all about preparation. Do your research and make sure that you make note of something that you are doing that your competition is not. This is often times the biggest selling point, so you don't want to ignore it.

Business Legal Advice Tips Ideas 24

How To Manage Employee Expectations On Holiday Requests As A Legal Business

If there is sickness and an employee is unable to take annual leave due to sickness, you must allow them to carry it over into the following annual leave year. 

The courts state that sick leave and holidays have different functions, so an employee cannot be compelled to take holiday while recuperating from illness.

Business Legal Advice Tips Ideas 25

Annual Leave

You can’t request that employees take annual leave at a time when they genuinely couldn’t work. For example (for many workplaces), this applies to the weekend. You can access more free business legal advice in your guide once you register to receive it. 

Business Legal Advice Tips Ideas 26
Budget More For Legal Spend Than You Think You Need

Don’t underestimate your legal expenses. Legal fees could end up being a large upfront investment when you start your business. 

In business experience, these fees always end up being more than anticipated due to the constant back and forth, legal complexity and other factors.

Business Legal Advice Tips Ideas 27
Assume You Need Twice As Much Time As You Anticipate

When the idea for your business comes to you and you see a market need that is not being fulfilled, you want to get cracking right away. 

But getting your legal ducks in a row can take time, so plan ahead.
Make sure you know which licenses you need, to begin operating, and take into account the time needed to acquire those permits.

Business Legal Advice Tips Ideas 28
Business Legal Advice Tips Ideas 29

Latham & Watkins LLP is one of the world's top law firms.

Make Sure You Have The Right Commercial Lawyer For Each Task

Specialization matters. An attorney or commercial lawyer not versed in the specific field can be costly.
For instance, if you need to obtain a patent, or worse, go toe-to-toe with a patent troll, work with a patent lawyer or solicitor.

This specialist's years of experience in intellectual property, and in-depth knowledge of the ins and outs of patent



Business Web Design Tips Ideas 30

Use A/B Testing

There are methods for testing your business website and this can also support setting up the right pages for users. 

So your business website key pages are designed effectively for users. This will allow you to see what visitor page design works best for users.

Business Web Design Tips Ideas 31

You can learn even more about website development once you join BBEN Business Network below. 

Plus if you check your emails you can also connect directly with a London website expert for free 10 minutes direct website development advice your London business progress, once you register for your  guide. 
  
Business Web Design Tips Ideas 32

Increase Website Page Speed

On some occasions it takes a long time to load a website page, which doesn't help website user experience. Barnes and Nobles is a tool for increasing the page loading time for users.

When users have to wait a long time to load a page on your website, they may leave your website and you lose a potential clients or lead. Use tools to enhance and speed up user experiences on your website for your business effectiveness.


Business Web Design Tips Ideas 33

Have An Effective Call To Action

To increase the conversion rates, where some website have conversions of 20%, 30%, 40%, there needs to be a clear “Call To Action”.

Include a sense of urgency in your call to action.

“Buy Now”
“Learn Now”
“Join Now”
“Click Here”

Learn more with your guide. 

Business Web Design Tips Ideas 34

Effective Website Colour

The colours on your website and message used are important for conversion. Some have tested colours, action messaging and psychology with research to check what works and increased clicks by 11%.

Review which are the most effective colours for your visitors on your business website. The effective colours can then get you even more users and more visitors on your business website. But also your users on your business website, so they are now more likely to take action to sign up, join or buy your product /services.

Business Web Design Tips Ideas 35

Effective Headings

It should relate to what your users and searching for. Also include SEO keywords in your title to target your message and attract the right people to your site.



Business Operational Plan Tips Ideas 36


Business Operational Plan Tips Ideas 37

Setting Team Expectations

Setting proper team expectations and accountability has become one of the most impactful things to businesses.


Twice a month in some businesses all managers and executives get together for a big meeting to discuss each department and their accomplishments and challenges. It is also a time for other departments to give feedback to management. At the end of these meetings, everyone leaves with follow-up tasks.

Business Operational Plan Tips Ideas 38



Managing Without Ego

Many CEOs, COOs and executive level staff have various methods that they swear are the best ways of doing things. But what many people don’t take into account is that there are other variables at work, such as the dynamics of the company and the people within it.

Solid operations come from management who can admit when their systems are failing and are willing to change to improve.

Business Operational Plan Tips Ideas 39


Business Finance Advice Plans Tips Ideas 40

Don’t Procrastinate


One of the biggest mistakes finance advisers sees new entrepreneurs make is that they put off their bookkeeping needs. 

If you aren’t financially minded, programs such as Quickbooks can make small business accounting seem completely unmanageable, especially if all you need to do is send out a few invoices and track a few expenses. 

You can learn even more about some business finance advice and business finance planning with your business strategy guide once you subscribe to receive your guide.  




Business Finance Advice Plans Tips Ideas 41

Understand Your Seasonal Cash Flow

Business Finance Advice Plans Tips Ideas 42

Another cautionary tip given here is young startups is to understand seasonal cash flow and that pointer comes directly from his personal experience.




Business Finance Advice Plans Tips Ideas 43
Focus On Your Core Strengths

One issue that finance experts see far too much is startup owners, particularly software-as-a-service providers, believing that they need to create everything from scratch. 

If you’ve already got a coder on your team, it can be seriously tempting to have him or her build internal apps and products rather than investing in existing solutions.



Business Finance Advice Plans Tips Ideas 44
Ask For Discounts

Finally, here’s a fun tip from finance experts. If you’re seriously tight on available funds but you want to take advantage of existing solutions, try emailing the founder and asking for a discount. It won’t work in every case, but you’ll be surprised by how often you can get free stuff just by asking.

Business Networking Advice Plans Tips Ideas 45
Visit As Many Groups As Possible That Spark Your Business Interest

Notice the tone and attitude of the group.
Do the people sound supportive of one another?
Does the leadership appear competent?
Many groups will allow you to visit two times before joining.

Business Networking Advice Plans Tips Ideas 46

Business Networking Advice Plans Tips Ideas 47
Hold Volunteer Positions In Organizations

This is a great way to stay visible and give back to groups that have helped you.

Business The Power Of Positive Thinking
Advice Tips Ideas 48
Norman Vincent Peale based on his great positive mind set as supported, served, enhanced better and a more pleasant life styles for millions of people. 

You can access his great book online since it can also support, inspire great London business leaders, owners, entrepreneurs etc for their greater higher level business success. 

Business The Power Of Positive Thinking

Advice Tips Ideas 49
Express Gratitude


One of the easiest ways to increase your positivity is to express gratitude. Being thankful for what you currently have since that immediately releases any negativity that you might be holding onto.

Business The Power Of Positive Thinking Advice Tips Ideas 50
Be A Giver


Many times, negative feelings can be caused by focusing on the perceived negative aspects of your life. You can instantly shift this feeling by giving unconditionally to others.

Business The Power Of Positive Thinking Advice Tips Ideas 51

Business Leadership Skills Advice Tips Ideas 51

Business Leadership Skills Advice Tips Ideas 52

Business Leadership Skills Advice Tips Ideas 53



Business Leadership Skills Advice Tips Ideas 54



Business Leadership Skills Advice Tips Ideas 55



With these 50 ideas, advice, lessons and tips for London business leaders, owners, founders and entrepreneur you can learn even more about BBEN - THE BUSINESS BUILDING EMPOWERMENT NETWORK!

   

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