The Positive Impact of Job Costing
blog

The Positive Impact of Job Costing

Looking to enhance your project management while bringing costs under control? Job Costing offers a powerful way to unlock the potential of your business. Here's some tips to get you started.
bookkeeping
blog

Keeping Up with Your Bookkeeping

Tax season is upon us once again, leaving many business owners scrambling to find receipts and get their numbers in order before the April 30th deadline. Here are some tips to get your business bookkeeping in order before the big day.
Project Management Apps
blog

Boost Your Project Management with These Apps

Looking to boost your project management potential? This week, we’ve pulled together some of our favourite project management apps to help you achieve your business goals.
Project Management 101
blog

Project Management 101

Looking to make your business a lean, mean fighting machine? Project Management can help you achieve more with your business by maximizing efficiency. This blog explains how.
How to Manage Stress
blog

How to Manage Stress as an Entrepreneur

Business blogs are packed to the brim with helpful tips about managing cashflow, maximizing marketing spend and a myriad of other topics. Unfortunately, one vital area of business life is often neglected, despite the critical importance it plays in all our lives. Thanks to Let’s Talk Day and other mental health initiatives, the conversation around mental health has shifted to a healthier place in recent years. We all go periods of doubt, stress and anxiety, with the unique demands of life as an entrepreneur placing a magnifying lens on these emotions. How you traverse these periods is vital to your long-term health and the viability of your business. Here are some simple tips you can employ to help manage stress as an entrepreneur. A Problem Shared is a Problem Halved Internalizing your doubts and worries is a one-way ticket to feeling worse about things. While it may sound glib, discussing your problems with a trusted friend is one of the quickest and easiest ways to decompress. Whether that person can provide useful feedback doesn’t matter. What’s important is that you’re verbalizing your worries and sometimes this is enough to give you a fresh perspective. Are You Working Out? Exercise isn’t just a great way to improve your fitness, it’s also scientifically proven to aid with the release of endorphins, the body’s pleasure hormone. The good news is that you don’t have to become the next bodybuilder at your local gym. Small positive changes can make a huge impact on your mental health. Consider increasing the amount of walking you do; cycle instead of driving when you can. Introducing yoga to your life is a guaranteed stress buster thanks to its relaxed pace, beginner friendly nature and slow breathing work. The main takeaway is to increase how much you move your body – there’s no right or wrong path to follow. Plan Accordingly Stress has an ability to creep up on you one day at a time as little tasks pile up. A lot of entrepreneurs possess fantastic organizational skills that help them to fend off this worry. Even if you don’t, consider dedicating one day per week to attacking those little tasks and responding to emails you’ve left unanswered. Dedicating one day as an “Admin Day” can help stave off feelings of anxiety about that pile of work you’ve left to the side. The more you can plan out your week, the more successful you’ll be in attaining your business goals. Lean on Your Team If you’re lucky enough to possess a team around you, don’t be afraid to lean on them. There aren’t enough hours in the day for you to do everything yourself. You hired the team around you because you trust them and their competency. Empower them to take on roles and perform tasks you’ve previously done yourself. This will instantly free up time for you to attack other work and free you from one of the stresses most entrepreneurs face. Learn to Say NO As an entrepreneur you’ve likely been conditioned to want to say yes. There’s nothing inherently wrong with this; yes is usually good for business. But why do we say yes when internally we want to say no? Learning to respect this “no” and become comfortable with it is a liberating skill to learn. If you’ve reached capacity and can’t take on any more work, it’s totally fine to say no. If a client or partner is difficult to deal with, it’s ok to say no. Stop saying yes to things that stress you out. Thank you to our GD Commerce Partners: Create Your Business Website Using Shopify Harness the Power of Drip CRM Software Set up Subscription Boxes, Recurring Orders and Payments Easily Using Bold Partners Boost Your Business Bookkeeping with Bench Learn How to Master Website SEO Using Mangools
2019 Business Trends to Watch Out For
blog

2019 Business Trends to Watch Out For

While we can't predict the future with 100% certainty, it's still possible to make some educated guesses about the business landscape in 2019. Here are some upcoming trends to be aware of.
New Years Resolutions for Small Business
blog

New Years Resolutions for Small Business

It’s that magical time of year when blank slates abound, and optimism is high for the future. New Year’s resolutions offer a powerful impetus to improve your small business and foster the positive change you’ve long been planning. Alongside your own personal goals and hopes, here are some tangible improvements you can make to kick start your business growth plans for 2019. New Year’s Resolutions for Small Business Improve Your Website With the day-to-day hustle of running a business, it’s easy to put off projects like modernizing your business website. After all, if you’ve got an existing site there’s likely several more important projects attracting your attention. Your website is your digital shopfront. It’s often the first point of contact for potential customers and we’re all aware of how important first impressions are. If you run a brick and mortar store you wouldn't accept garbage piling up around the place. Your website should be treated no differently. These days, beautiful websites can be crafted using services like Shopify, especially if you’re operating in the ecommerce sphere. GD Commerce is a Shopify partner and we’d love to chat about making your website vision into a reality. Contact us to find out more. Start Content Marketing You’ve created a beautiful website, now it’s time to attract customers through the door. The gold standard for achieving this business goal is to leverage the power of content marketing. For a small time investment on your behalf, creating a blog will allow you to tap into the power of search engine optimization and help make your website more “Google friendly.” Your blog should tackle timely, popular topics you have expertise in. What kind of questions do your customers typically have? What issues regularly crop up in your industry? Answering questions like these is the first step to creating content. Blogs are an amazing way to enable customers to find your website and fantastic fodder for sharing on social media accounts. Consider Mentoring Others Think back to the early days of your business. There were likely moments you keenly felt the challenges of entrepreneurship and the isolation those moments can bring. Who did you turn to for advice and mentorship? In 2019, consider offering your services as a mentor to an entrepreneur in your field. While it won’t have a direct financial impact on your business, acting as a sounding board for a fellow entrepreneur is a personally and professionally enriching experience. Helping others to talk through their issues may even give you a fresh insight into the difficulties you face with your own business. Start Planning Long-Term After coming through the busy festive period, there’s likely several things you’d do differently next time out. Why not devote some time now to prepare your business for the coming 12 months? Start by analyzing sales in previous years and planning stock levels for the coming year accordingly. How was your staffing level during the end of year rush? Allow time to bring on extra people resources for next year. Is your web hosting solution up to periods of high demand? Conduct stress tests on your infrastructure to make sure it’s bulletproof. Are you using a CRM to gather customer information in one convenient place? If not, look into solutions. There are a million small ways you can use this time to run a more efficient operation. Delegate As an entrepreneur you likely want to do everything yourself. We get it. That’s why you got into business and it’s the fuel that powers your success. However, this “do it yourself” approach can, if left unchecked, lead to burnout. Hiring staff inherently means you trust their abilities. Lean on them and empower them to take up a leadership role in your organization. Delegating tasks to your people is a necessary skill to learn (and it is a skill) for your own health and the long-term well being of your business. Thank you to our GD Commerce Partners: Create Your Business Website Using Shopify Harness the Power of Drip CRM Software Set up Subscription Boxes, Recurring Orders and Payments Easily Using Bold Partners Boost Your Business Bookkeeping with Bench Learn How to Master Website SEO Using Mangools
4 Tips to Build Customer Loyalty During the Holiday Rush
blog

4 Tips to Build Customer Loyalty During the Holiday Rush

The holiday period is a time of high sales but it also presents an opportunity to turn gift purchasers into repeat customers. Here are four tips to build customer loyalty during the holiday season.