NatHERS Blog

NatHERS Blog

Michael Young - Wednesday, April 11, 2018

Two of the questions I often hear from new business owners is “When is the right time to hire my first employee?”, and secondly, “What role should I hire for?” This on the surface is somewhat easy to answer, however, there is quite a lot that sits behind these two questions. To fully answer them, we need to examine how businesses grow and we need to also look at the roles and responsibilities of key staff in a small business. I will address each of these in tur read more.......

Is your business an OOPS?

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Michael Young - Wednesday, April 04, 2018

One of the big mistakes that many small business owners make is that their business is an OOPS business. That is, a business with Only One Product or Service. Whilst a one product or service business might sound like it’s less complex and easy to run, the challenge is that an OOPS business is unlikely to be profitable. To understand what I mean, we need to take a bit of a step back and examine two key maxims in business. Maxim 1: Income follows Assets The first key maxim is th read more.......

Michael Young - Wednesday, March 28, 2018

One of the common comments I hear from small business owners is that they need more clients. Whilst this may be the case, when I respond by asking how they intend to do that, there I am often just met with silence. This silence may simply be because business owners often just don’t know how to get more clients, or because they may just not be aware of what they need to do to get people to buy. The old days of cold-calling prospective customers are dead. Everyone hates the telemarke read more.......

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