Our Should I Own A Business Podcast, likes to look at things a little differently. We will introduce you to our Slightly Familiar Friends, who you will hear about during our episodes. Who are these Slightly Familiar Friends? Our Slightly Familiar Friends are fictitious characters based upon real people or businesses that we have observed. Our...
Business failures are too common New business failures continue to be alarmingly prevalent despite an overwhelming amount of information at our fingertips. Government statistics often show that the majority of new businesses will fail within a few years. If you are thinking about starting a business or buying a business or franchise, how do you...
If your art hobby is your passion, could you make money by turning it into a viable artistic business and what are the differences should you be prepared for? This article explores the differences that you would have to consider to change from being an amateur artist into a part-time or full-time professional business. The COVID economic...
Dealing with customer expectation is something that few people starting-out in a home-based business are adequately prepared for and it is very easy to underestimate just how challenging it can be to deal with. Moreover, an inability to deal effectively with customer expectation can kill your enthusiasm for your home-based hobby business very...
If you spend your spare time working with wood, have you thought about turning your hobby into a woodworking business? This article explores the things that you would have to consider to turn your woodwork hobby into a business. The COVID economic downturn has triggered many people to look for new ways to boost their income and change their...
If your hobby is making things using your metalworking skills, have you thought about turning your hobby into a metalwork fabrication business? This article explores the things that you would have to consider to turn your metalwork hobby into a fabrication business. The COVID economic downturn, has triggered many people to look for new ways to...
Professional power-tools can cost substantially more than DIY hand tools or power-tools. Why is there a price difference and when should you buy professional power-tools? Commercial-grade power-tools cost more because their life expectancy is longer due to their design and build quality. It might make good sense to buy professional-grade or...
The more complicated a factory production process becomes, the more there is to go wrong with it, and the harder it is to manage. Managing and increasing manufacturing productivity needs to be simple and natural. The owners of manufacturing companies must develop the management skill to see complicated things simply, in order to maximise...
Is manufacturing with robots a positive or negative experience for small to medium manufacturing companies? Manufacturing with robots and automation can increase production efficiency but may also have several drawbacks. Using robots in manufacturing businesses can offer advantages to reduce production costs, automate repetitive tasks and replace...