Is it really a business or just a good idea? How do you know?….

AM Total Business Solutions Ltd - www.angelarmorris.com

By Angela Morris

Is it really a business or just a good idea? How do you know…

It’s not such a complicated question! One of the easy ways to find out if you are running a business or a hobby is not to ask everyone what they think but rather ask yourself a few simple questions. Such as:

thinking

 
 Are you doing your product/service for commercial reasons?
 Is your product/service for the purpose and prospect of making a profit?
 Do you find yourself repeatedly or regularly undertaking or making the products and/or activities?
 Is your service/product planned, organised, distributed and carried on in a business-like manner?
 Do you find there is a natural (organic) demand for your activity

 
If you answer yes to more than two of these questions, it would be reasonable to assume that you are operating a business. The next very question is:

Question mark
Are you being paid for what you do or are you giving your time effort and energy just because you love what you do? Even if you charge, you need to calculate how much time is spent on a project or product so you don’t end up working for £1.00 and hour or less!

 

As a working example: a dear friend of mine who is incredibly gifted charges for her creative work however by the time she has spent hours (which is why a day rate is good) on the phone to the client as they continually “tweak” (I can’t that word!) the product, means that in real terms she is making nothing! In fact she is really in the red!

 

Think about it: if someone asks you to design a logo for them and they continually want to discuss, change etc. If you have spent a total of 25 hours talking to them you will be out of pocket unless you factor this possibility in.

Enough of my rantings for now! In the meantime try and make up your mind as to whether you are serious about making some money! Why?  Because….

 

“Life’s too short!”

Need further help or advice? call me or visit my website:  https://angelarmorris.com

 

Is it really a business or just a good idea? How do you know?….

AM Total Business Solutions Ltd - www.angelarmorris.com

By Angela Morris

Is it really a business or just a good idea? How do you know…

It’s not such a complicated question! One of the easy ways to find out if you are running a business or a hobby is not to ask everyone what they think but rather ask yourself a few simple questions. Such as:

thinking

 
 Are you doing your product/service for commercial reasons?
 Is your product/service for the purpose and prospect of making a profit?
 Do you find yourself repeatedly or regularly undertaking or making the products and/or activities?
 Is your service/product planned, organised, distributed and carried on in a business-like manner?
 Do you find there is a natural (organic) demand for your activity

 
If you answer yes to more than two of these questions, it would be reasonable to assume that you are operating a business. The next very question is:

Question mark
Are you being paid for what you do or are you giving your time effort and energy just because you love what you do? Even if you charge, you need to calculate how much time is spent on a project or product so you don’t end up working for £1.00 and hour or less!

 

As a working example: a dear friend of mine who is incredibly gifted charges for her creative work however by the time she has spent hours (which is why a day rate is good) on the phone to the client as they continually “tweak” (I can’t that word!) the product, means that in real terms she is making nothing! In fact she is really in the red!

 

Think about it: if someone asks you to design a logo for them and they continually want to discuss, change etc. If you have spent a total of 25 hours talking to them you will be out of pocket unless you factor this possibility in.

Enough of my rantings for now! In the meantime try and make up your mind as to whether you are serious about making some money! Why?  Because….

 

“Life’s too short!”

Need further help or advice? call me or visit my website:  https://angelarmorris.com

 

Is it really a business or just a good idea? How do you know?…. was originally published on Angela R Morris – Total Business Solutions

,

My meeting with a Business Woman of the Year!

AM Total Business Solutions Ltd - www.angelarmorris.com

By Angela Morris

My meeting with a……

Businesswoman of the year!

Hi All! I must say, I am thoroughly enjoying myself as an entrepreneur. The fascinating people I meet on almost a daily basis constantly has me learning new things, getting great tips and making new business connections! My latest new “business” friend is Jackie Groundsell Founder and CEO of 1230 The Women’s Company, who last year won the coveted award of Beckenham Businesswoman Star Award of the year!

Award-winning Jackie, knows only too well the challenges and pressures faced by today’s business women; meeting various personal challenges in her own life has given her great empathy with the wonderfully inspiring business women she meets and supports. “I would say my can-do attitude and ability to talk are two of my greatest personal assets. I’m always up for a challenge!” Jackie continues to run her IT training company as well as public speaking and mentoring and is constantly inspired by the business women she meets through her networks.

As always, in my meeting with Jackie, I asked her to share some tips for those of us in the world of running our own business.

Here they are:

  1. Make use of the flexibility being your own boss gives you.
  2. Get some “me” time in there, no matter how small!
  3. Network! For support, advice, expertise – business growth
  4. Listen to gut reaction and enjoy!

How is that for good, practical advice? Behind these words lie a host of stories and experiences. I don’t want to miss out any further and now, I too am a member of her prestigious networking club: 1230 The Women’s Company. Why wouldn’t I want to? Because…

“Life’s too short!”

 Jackie and IJackie Groundsell

 

To find out more 1230 The Women’s Company visit her website: http://1230.co.uk/

My meeting with a Business Woman of the Year!

AM Total Business Solutions Ltd - www.angelarmorris.com

By Angela Morris

My meeting with a……

Businesswoman of the year!

Hi All! I must say, I am thoroughly enjoying myself as an entrepreneur. The fascinating people I meet on almost a daily basis constantly has me learning new things, getting great tips and making new business connections! My latest new “business” friend is Jackie Groundsell Founder and CEO of 1230 The Women’s Company, who last year won the coveted award of Beckenham Businesswoman Star Award of the year!

Award-winning Jackie, knows only too well the challenges and pressures faced by today’s business women; meeting various personal challenges in her own life has given her great empathy with the wonderfully inspiring business women she meets and supports. “I would say my can-do attitude and ability to talk are two of my greatest personal assets. I’m always up for a challenge!” Jackie continues to run her IT training company as well as public speaking and mentoring and is constantly inspired by the business women she meets through her networks.

As always, in my meeting with Jackie, I asked her to share some tips for those of us in the world of running our own business.

Here they are:

  1. Make use of the flexibility being your own boss gives you.
  2. Get some “me” time in there, no matter how small!
  3. Network! For support, advice, expertise – business growth
  4. Listen to gut reaction and enjoy!

How is that for good, practical advice? Behind these words lie a host of stories and experiences. I don’t want to miss out any further and now, I too am a member of her prestigious networking club: 1230 The Women’s Company. Why wouldn’t I want to? Because…

“Life’s too short!”

 Jackie and IJackie Groundsell

 

To find out more 1230 The Women’s Company visit her website: http://1230.co.uk/

My meeting with a Business Woman of the Year! was originally published on Angela R Morris – Total Business Solutions

A tale of two sisters – keys to maintaining a thriving family business!

AM Total Business Solutions Ltd - www.angelarmorris.com

By Angela Morris

A tale of two sisters- How to maintain a thriving family business!

Anyone who really knows me, knows that I love getting my hair and nails done, that’s just a part of who I am!

In following my nail technician(Camille) around I came across a lovely hair and beauty salon named Halos, owned by two sisters Joy and Yaema which was founded and has remained established since 1998.
In my mind, based on my experience, they achieved what they aimed for in terms of the ambience, warm and friendly atmosphere which is sadly missing from many beauty salons today even though they face huge competition in the local area!

 

In my brief interview with Joy (whose background is legal conveyancing), I wanted to establish how she and her sister managed to survive recessions, competition and saturation of the market (when they started out back in the 1980’s hair technology such as weaves and nail technology was practically non-existent in the UK).

 
Interestingly enough their approach to closure of business is that it may be at times be necessary but not necessarily a negative, rather an opportunity to be creative in going forward!

 

I asked them for just 5 helpful tips they would like to send out to SMEs and these were as follows:

 

 

1) Be able to do what your employees can do so that if they leave you are not stuck!
2) Have a personal life as well as a business one. It’s very easy to let business take over your life!
3) Love what you do and even when the odds appear to be against you, you will find a way to keep it going!
4) Create a happy working environment not just for you, also your employees!
5) Make sure you are making some money!

 

 

Joy and I

Joy and I

Hoping you will find this helpful as you go through your business journey. Why? Because………..

“Life’s too short!”

Location of Halos salon where a warm welcome awaits you!
252 London Road Croydon CR0 2TH
Tel: 020 8688 3007
Email: joybowling.jb@nullgmail.com