02 Aug 7 Important Things Every Business Owner Should Know
There were 835,494 new businesses launched in the UK in 2020, a 41% increase on 2019, when 591,924 were registered.
There were 835,494 new businesses launched in the UK in 2020, a 41% increase on 2019, when 591,924 were registered.
What does it take to start and succeed in business? That's a question I get asked a lot. Although there is no one answer that fits all businesses, there are a number of practices followed by successful business owners. Below are some common themes.
In this podcast, Bayo Igoh and Simon discuss how important partnerships are in growing your business.
"My background has always been about partnerships. The key is collaborations. I may not be good at X, I may not be good at Y but I know a man or woman who is. The idea is to bring all skillsets and talents together." - Bayo Igoh
Getting your communications right is important, because whatever your objectives, clear communication is the key to success.
Over the years, I began to learn the advantages of asking questions instead of giving answers.
Like all stories, the formation of your belief system has a beginning, middle and end; heroes, heroines, villains and bit-part players; a main theme and subplots.
Change the way you think
The way you think creates your success. If you find yourself blaming other people or circumstances for your lack of success, you need to take responsibility for your choices.
Volunteering lets you show that you genuinely care about the state of your surroundings both culturally and economically.
And helping out with causes I care about, helps me to raise the collective floor of Lewisham’s burgeoning business community.
During the past 12 months, I like many micro/small business owners have found it difficult. That has not stopped my zeal and commitment to help my fellow business owners as a Coach and Mentor.
It's those volunteers again…
As experts in business, Federation of Small Businesses (FSB) offers members a wide range of vital business services including advice, financial expertise, support and a powerful voice heard in government.