5 Risk-Managing Systems For Firms In New Industries

A business is as complex as a machine, with multiple moving parts and logical principles that keep it in motion. However, no machine is going to function for long without risk mitigation systems. A car without strong suspension is going to be at mercy of uneven roads, and a fire suppression system is nothing without multiple inputs from detecting mechanisms. As such, a business hoping to make headway in a newer industry needs to be the most risk-managed of all. That’s because not only do you have to contend with the very many risks of usual business operation, but also plan against those that aren’t visible yet. In this post, we’ll explore some basic principles and systems to put in place, guiding you through that process.

lifestylesAdminSeptember 10, 2025business hacks, business plan, techComment

My Leads Are On Life Support – What Can I Do?

A common problem in business is losing a lead. In simple terms, generation is good but conversion is on life support. Without immediate surgery, the company is going to struggle for the foreseeable future. Let’s take a look at the options on the surgeon’s table. Hopefully, they lead to new blood coming into the business.

lifestyleslouise mckenzieJune 19, 2018home business, business hacks, business plan, lead generationComment

Can I Afford To Start A Business?

Starting a business might seem like something which only wealthy people are able to do, but this actually is not the case at all. Many people who have families and a full time job start a small business from their coffee table. It is purely a case of understanding the costs of different types of business and knowing where you put skills and passions really lie.