12 days of small business advice
At Be Rescued, we love giving small business advice and we love Christmas, so, this blog combines both - 12 days of small business advice! But the big question this festive season is when does 12th night fall? Do you take your decorations down on the 5th or 6th January? The timing has long been a subject of debate. Here are 12 pieces of small business advice that work whatever the time of year.
Why Partners and Cost Structure are key building blocks for businesses
At Be Rescued we love giving small business advice and top tips. So, over the past year we’ve taken you on a whistle-stop-tour of the Business Model Canvas with a deep dive into some of the key things you need to consider as a business owner. This crucial document helps to ensure your business can function effectively and turn a profit. We’ve reached the final stage of the Business Model Canvas, and in many ways, saved the best till last with step 8 ‘Partners’ and step 9 ‘Cost Structure’. At Be Rescued, we see both as essential building blocks for businesses, here’s why and what you should consider.
Small business advice: How Core Activities help your business succeed
Here at Be Rescued, we love giving small business advice. The Business Model Canvas is an essential part of a small business owners toolkit and provides a blueprint for success. Step Six: Core Activities details the key activities you need to perform to make your Business Model succeed and keep your business running.
How to build strong customer relationships
We’ve all heard the age-old saying ‘the customer is king’. Customers are everything to a business and prioritising them is a must for small business owners. Customers are central to the Business Model Canvas and feature twice in the nine point framework. In particular, developing strong customer relationships is crucial to the model and to the success of every business. Building strong customer relationships involves a two-pronged approach. First you must get to know your customers, only once you’re armed with detailed knowledge can you develop a strategy to acquire, nurture and retain customers.
A deep dive into Channels and why they matter for your business
Finding the best way to reach your customers and deliver your products and services is crucial to the success of your small business. Channels are the way you do this and are fundamental to the Business Model Canvas.
Why revenue streams are important for small businesses
Revenue is the driving force of any small business, a good income stream will help your business cover costs, grow and turn a profit. Revenue streams are central to the Business Model Canvas So, what are revenue streams? The Collins Dictionary states that: “A company’s revenue stream is the amount of money that it receives from selling a particular product or service.” It is how you generate cash. To be successful you need to look for a constant revenue stream. Building income streams is crucial for the development of your business. Here’s the low-down on why revenue streams are important for small businesses.
Discover the Power of Purpose for your Small Business
The power of purpose for small businesses should not be underestimated. Purpose can be transformational and helps businesses connect with employees, stakeholders and customers. At Be Rescued, we’re firm believers in understanding your purpose and the positive impact it can have on your business. Following the path to purpose can really pay off. Want to know more about purpose and what it could mean for your business? Here’s the low-down from the Be Rescued team.
Why a Value Proposition is crucial for small businesses
A Value Proposition explains why people will buy from your business and not your competitors. It is arguably one of the most important segments of a Business Model - if not the most crucial. But what is a Value Proposition and how do you create one? We will explain all this and more, so grab a cuppa and have a relaxing read!
How creating a Business Model will benefit your small business
With so many do's and don’ts in business, it’s difficult to know what you should and shouldn’t do. But there are some must do’s for small business owners. A Business Model is something you simply must have. Done correctly it provides a framework for the workings of your business and the all-important strategy that underpins it. The Cambridge English Dictionary defines a Business Model as: “A description of the different parts of a business or organization showing how they will work together successfully to make money.” A Business Model will help you understand the fundamentals of your business and will pave the way for success. At Be Rescued, we’ve shown our clients the value a Business Model can bring to their business and want to share how it can benefit other small business owners.