Every year brings new challenges, for many different reasons; some economical, some a change in demand, and some are internal challenges within your organisation! In this week’s blog post we are going to highlight what the top 4 challenges that small businesses are likely to face in 2024.

Before we start, it is important to note that every business is different and therefore some will be more affected by certain things than others. For example, a small cafe is more likely to be negatively affected by inflation than something that offers an in-demand SaaS (Software-as-a-service) product. Nevertheless, no business becomes successful without having to face a challenge or two!

Is it really worth starting a business in 2024? Yes, and here is why…

As the economic landscape both globally and nationally is looking rather bleak, it is no surprise that the thought of building a startup fills us with fear! Having said that, the evidence actually says we shouldn’t be too worried!

As we are now fully back in the swing of things after the Christmas break, we’re sure you’re likely to be getting prepared to take your small business to the next level! As we’re sure you’re aware, this is easier said than done - especially with the current economic instability facing the UK at the moment!

Therefore, we thought, who better to ask for some top business tips for success than our very own founder, Elizabeth!

As we bid farewell to the challenges of the past year, it's time to set our sights on the future and embrace the opportunities that the New Year brings. In the spirit of a new start, let's explore how business owners can kickstart the New Year with purpose through a set of impactful resolutions!

Motivation is the key to business success. As a small business owner, staying motivated is crucial to maintain your focus and continuously strive towards achieving your goals. If you find that you are struggling to motivate yourself this winter, then take a look at our tips for regaining and sustaining your motivation!

Funnily enough, it isn’t every day that you get an email from the editor of one of the region’s biggest business magazines. It certainly isn’t typical to then be told to get the glad-rags ready for Spring because you’ve made the final of one of the East Midlands BIGGEST awards events! However, that’s what happened to Elizabeth, the CEO of Admin and More, last week as she was casually enjoying a cuppa.

From practical tools that will streamline their daily operations to delightful treats that will brighten their workspaces, we have curated a selection of gifts that cater specifically to the needs and interests of small business owners. With our help, you can find the perfect presents that express your appreciation for their tireless efforts and entrepreneurial spirit.

At Admin and More, we understand that entrusting your Virtual Assistant (VA) with sensitive data is a necessary but worrying aspect of working together. Protecting your business and maintaining privacy is so important. But don’t worry, we are here to put your mind at ease by our best practices for securely sharing sensitive data and minimising potential data protection risks.

As the year draws to a close, small business owners face not only the festivities but also the crucial task of year-end planning. It's a time to reflect on the past year, learn from it, and ensure you're well-prepared to lead your business strongly into 2024. To help you navigate this process smoothly, we have created a comprehensive checklist specifically designed for small business owners.