business survival
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Business Survival Starts With Your Back Office
2013-09-25The last few years have been hard for many businesses. During hard economic times business owners turn to optimisation and cost reduction to make their businesses more sustainable. One area often overlooked is the cost to run your office. Many back offices are plagued by business fragmentation, especially when it comes to IT fragmentation. Many [...]
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More than 50% of Businesses Will Not Survive Five Years
2013-05-15New businesses have a hard time in the beginning. They have to somehow make a profit despite often needing to also pay off their startup costs at the same time. If they are unable to make a profit or if they experience cash flow problems then they could easily go out of business. There are [...]
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Your First Business
2012-01-05Starting your first business can be a very overwhelming process. Unfortunately, a large number of start-ups fail within the first few years of their existence. Any decision to start your own business should never be entered into lightly, especially if it will involve you quitting a secure job. Entrepreneurship is particularly risky at the moment [...]
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Keeping your business alive
2011-11-25Most business failures are due to relatively simple errors that occur through lack of experience. The high mortality rate of start-up businesses is something that we at WinWeb strive to help lower. With this in mind, consider some of the following common mistakes that a rookie business owner can make. Don’t become arrogant and start [...]
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Cashflow: Essential Business Survival Advice
2011-11-17Cashflow is the lifeblood of small business. Careful cashflow management is essential to avoid financial trouble. A lack of cash can be hard to remedy, especially if the business needs to purchase supplies to make further sales. Without additional investment or a bank overdraft to help out the business, it will often lead to disaster. [...]