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Getting a mentor is one of the easiest ways to accelerate your growth when starting a business. With a mentor, you have someone to give you the tips and tricks to get started on your business path. A mentor is more like a teacher who will provide you with valuable...

Workloads are much easier to manage when tasks are split up between multiple people. It’s important to know when to delegate tasks to your team, to both free up valuable time and to ensure team members get an opportunity to be involved in different projects and make...

One of the most important qualities we can possess is the ability to be self-aware. Leaders who are rooted in reality are better able to keep focused on the work at hand and communicate effectively with people around them. Understanding your own strengths and...

Having a clear exit strategy is a fundamental part of any business plan. It is crucial for the business owner's future and can be a key tool in securing investment. Whether you have set up your business with the aim of seeking acquisition or you are coming closer to...

At Highwoods and Associates, we value team working as a means of delivering maximum value to our clients, and we know that all businesses can enjoy fantastic results when they invest in their team working culture. But what are the benefits of effective team working?...

Value-based pricing is a model that sees businesses price a product according to the value that it’s perceived to have in the eyes of the customer, rather than how much it costs to produce, etc. It's rather beneficial for the businesses that employ it as a pricing...

When running a business, time is money, so you want to ensure you’re using it efficiently. Some of the consequences of poor time management include: • Poor workflow: Without planning or sticking to goals, you may end up jumping between tasks rather than working...

If you have just started a small business, or find you are at a stand-still with a long-standing business, you will likely be analysing ways you can help your business to stand out. It can, however, be difficult to differentiate your business from competitors if you...

The idea of working less but managing to earn more money sounds like a pipe dream. If it were that simple, surely everybody else would do it – and we learn from a young age that time almost invariably equals money. Whether your business is big or small, there is still...