Yes, you can pay your employees more

You can grow where you are. Here are ways to build your business from what works already.

Subscribe   /   View in browser   /   Invite a friend 18 October 2022 If you're looking to boost your business, small moves can lead to big profits. Whether it's franchising your already successful brand, making money from what you already own or incentivizing employees by paying them more, here are some ways to financially thrive.       01 How to start building passive income now Do you have stuff? Do you want to make some money? Combine the two by starting a passive rental business from things you already own. Read more Do you have stuff? Do you want to make some money? Combine the two by starting a passive rental business from things you already own.       02 Yes, you can pay your employees more While money is always tight, one way to reward employees – even when times are tough – is to introduce a bonus scheme. Read more While money is always tight, one way to reward employees – even when times are tough – is to introduce a bonus scheme.       03 It's time to expand – here's how If you've built a business that's doing well, you can share the success with other people – and grow even more – by building a franchise model. Read more If you've built a business that's doing well, you can share the success with other people – and grow even more – by building a franchise model.       04 Advisory boards aren't just for corporations Getting outside feedback is crucial to growing your business – why not formalize it? Here's how small businesses can set up their own advisory boards. Read more Getting outside feedback is crucial to growing your business – why not formalize it? Here's how small businesses can set up their own advisory boards.       05 Use your customers to sell your product User-generated content is the network effect that small businesses need to know about. Here's how to get it right. Read more User-generated content is the network effect that small businesses need to know about. Here's how to get it right.

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