Problem solving is challenging but it’s critical to business success. But too many businesses spend far too much time, money and energy putting up with problems in their businesses rather than solving them.

Everyone knows it's more expensive to secure a brand-new client than it is to get more business from our existing clients. We also know that whilst we are hard at work chasing new clients we are probably leaking existing customers because they are feeling unloved.
So here are 10 tactics you could employ quickly and easily.

The Why and How to Set Worthwhile Business Objectives.
Before the 'how' let's ask why we should set business objectives, goals or targets. It doesn't matter what you call them. The important bit is to set them.....:

All businesses have suppliers but have you thought what the implications are for your business if your supplier lets you down or worse still goes out of business?

… But why?
Bank managers, angel investors and many, many failed business owners will all tell you that profitable businesses go bust. Why? Because they run out of cash!

It’s official! 60% of SME businesses don’t track any Key Performance Indicators (KPI) at all. Almost 2/3rds of respondents confirmed that monthly KPIs are non-existent in their business

Your business is running risks every day. But the majority of business owner paid only passing attention to identifying or managing business risks
Businesses should have a risk log which details:

Almost every business owner I know takes time at Christmas to reassess their business achievements and set next year’s goals and new projects. Here are my 12Ps of Business Planning for Christmas to help you focus you’re thinking.

This weeks guest post is all about business insurance. Steve Mansfield sets out what you need to consider when it comes to renewal.