Understanding Opportunity Cost as a Small Business Owner

Running a small business or startup is often a balancing act, filled with countless decisions that can shape the future of your company. One critical concept that many entrepreneurs overlook is opportunity cost. How often are you thinking about opportunity cost when it comes to your business? Let’s dive into why understanding and considering opportunity cost can be a game changer for your enterprise.

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It Should Be Easy…But It Isn’t: Social Media Management (Pt 1)

Let’s talk about the elephant in the room—or should I say, the blue bird, the thumbs-up icon, and that little camera that could. Yes, we’re talking about social media this time. You know, that thing we all thought would be a walk in the park, like teaching your grandma to use emojis. But as it turns out, it’s more like teaching her to code in Python.

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It Should Be Easy But It Isn’t: Automation (Part 1) 

The very concept of ‘automation’ evokes thoughts of simplicity, being easy and straightforward, and efficiency, right? 

Then you immediately figure out how you could be using automation to make your life as a small business owner easier, and suddenly the world all falls into place, and you sail off into the sunset on your piles of cash. Right? Right?! 

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Small Business Owner’s Guide: The Value of Your Time

In the wise words of Miles Davis, “Time isn’t the main thing. It’s the only thing.”

This statement couldn’t be truer for small business owners. You have everything to get done, but there are only so many hours in a day or week to do it. If you’re feeling overwhelmed and turn to the internet for advice, you’re likely to find a plethora of management strategies promising perfection—for a price. These can often be too vague or not easily actionable.

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It Should Be Easy… But It Isn’t: Prioritising

Is there a worse word in life? Prioritise.

If it doesn’t come naturally to you, the need to prioritise (and even the mere thought of it) is the stuff of nightmares. So much so, that many of us just add it to that list of things we were going to prioritise in the first place and leave it there to haunt us.

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Benefits of Outsourcing Your Bookkeeping

We Asked Our Expert Project7 Bookkeepers To Lend Us Their Expertise This Month For Our ‘P7’S Monthly 7’ And Tell Us Seven Reasons Why You Should Be Hiring A Virtual Bookkeeper Now To Help Change Your Business For The Better.

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