How to make a million
Whether you’re happy keeping your business small but perfectly formed or have your sights set on the sta...Read More
My business card says:
Hair professional offering expertise.
I would describe myself in five words as:
Fair, committed, passionate about hairdressing.
I decided I wanted to run my own business when:
The opportunity came my way 18 years ago when I was working part-time as a self-employed hairdresser. This suited me as a mum with two young children. I’d previously spoken with my accountant about owning a business but it wasn’t on my immediate agenda. But when she found out this salon was up for sale she asked if I was interested. I had a look, thought why not and decided to go for it.
The hardest part of setting up my business was:
Finding the finance. My businesses partner – who’s also my other half – and I put in our savings but we also had to find a loan. That was really tough. We put our house up as collateral but that still didn’t guarantee us a loan as banks were dubious about lending. I think banks could do more for businesses: bank charges cripple us. We have to pay for every transaction.
I would tell other businesses to shop around and negotiate your banking regularly. Don’t stick with one bank for years. You might want to build up a relationship with a bank thinking goodwill goes a long way but it doesn’t – I’ve only met my bank manager once. Also, I could cut hair but I didn’t know about marketing the business or managing the team. I’ve had to educate myself.
My greatest business success is:
Being in business for 18 years and being successful year on year.
The key to being a successful small business owner is:
My top tip for entrepreneurs is:
You can get advice from business coaches and your local business community and I’ve always found most people are willing to help, but don’t forget to listen to your instincts.
My top money-saving tip is:
Shop around. For utilities, for insurance, for business banking. And check regularly to make sure you’re still getting the best deal.
The business headline I would most like to see is:
‘VAT rate cut to 15%.. VAT is a killer, especially having risen to 20%.
If I wasn’t answering these questions I would be:
Having lunch! It’s gone 5pm and I’m only just now getting to eat as it’s been so busy.
Very helpful & straight forward
"Ian Howell was excellent, help me find a good deal and the process was very smoth."This review was posted by Sam on the 17th of October 2017
Nicole Borneuf contacted me by e mail
"Nicole Borneuf contacted me by e mail. Didn't keep bothering me. Happy to recommend"This review was posted by Mr Gareth Wigdahl on the 16th of October 2017
Good clear advice and saved me money …
"Good clear advice and saved me money without any pressure thanks Bhavni"This review was posted by Sam Weston on the 16th of October 2017
Excellent advice from Ian
"Excellent advice from Ian"This review was posted by Steve Tunnicliffe on the 13th of October 2017
Switching Suppliers can be really …
"Switching Suppliers can be really stressful, but luckily Bhavni was assigned to me. She really helped break everything down and made everything simple. Amazing member of staff for Switchmybusiness.com Due to Her helpfulness I will be returning to switchmybusiness.com again in the future."This review was posted by Dean on the 12th of October 2017