The area of tax for small businesses is not straightforward, in fact it can be a real minefield for the unwary. However, if you take a little time, and work with your accountant, it’s usually possible to find ways to save some tax. To help you think about ways you and your business could pay […]
One of the main benefits of becoming self employed is the ease with which you can start up and run your new business. You can even become a sole trader (another term for self-employed) whilst working as an employee for someone else, so you can test the water and see whether working for yourself suits […]
No matter how successful your business has been with just you working in it, if you want to grow you’ll need to take on employees.
There are innumerable benefits of having employees. The right people will ease the workload on you and allow you take holidays. Good staff keep your business running day to day, so you can focus on the most important part of your role as the leader: growing the business. (more…)
Every year there is a new mobile operating system update, so businesses can be forgiven for not being aware of the vast array of new features that are made available.
In fact, it is usually the case that most users are not engaged enough to uncover the secrets that a new OS has to offer. So to help you benefit from the best new features on iOS 12 and Android Pie, we asked Anthony Main of The Distance to highlight the new features that businesses can take advantage of. (more…)
When you start your own business, one of the first things you need to do is to start promoting it and finding customers?
Depending on the type of business you are in, one age-old and sure-fire way to build relationships is through networking. However, if you are to enjoy the full rewards of networking you need to know what you are doing. (more…)
How much of what you say is actually remembered? As a business owner, communicating your vision and expectations is vital if your business is to succeed, so strong and effective communication skills are a pre-requisite for any business owner.
You need your presentations or speeches to be remembered and acted upon long after the staff or board meeting, but in reality, most presentations are forgotten after a few hours. Even less is remembered after a few days and many people will only remember about 5% of what you said after a month. So how can you make sure your presentations are memorable and impactful? (more…)
When you decide it’s time to get your business started, you’ll find the first piece of advice given by most experts is to “get a business plan written”.
And they’re right; that is the first step to turn your business dream into a reality. But many people find it the hardest step to make. (more…)
If you run a business it’s inevitable that disputes will arise. Whether it’s problems with suppliers failing to meet their obligations, employee issues or non-payment by customers, when a dispute arises it can be difficult knowing how best to resolve the problem with the minimum of disruption, time and expense.
Taking the matter to court to resolve is costly and takes a long time, so we asked Tim Bennett of Fairlead Mediation to explain how businesses can use mediation to resolve disputes more effectively. (more…)
So, you have a great product idea, it’s exciting, you see the value and believe it could change your company’s future or launch your next new business. This idea may be a brand new product solving a problem, or a better way to address a market need than the competitors out there today.
Knowing that not all business ideas make it, jumping into your new idea can be a significant risk, requiring you to commit substantial resources. However, it doesn’t have to be, and there are a few questions to focus on early to test your idea’s potential. (more…)
Last year I took the massive step to leave the security of a six-figure salary, bonuses and pension to do something that I truly love.
Some might say this was a crazy move but at the age of forty I realised that we are not on this earth for a look around and being happy and doing something with purpose is more important than fancy titles and money. (more…)
Starting a new business is a mixture of fun, fear and challenge. For many new business owners, the technology side of things can be particularly fearful. With so many things to think about, how do you know what you do and don’t need to be able to make a success of your new business, and stay on the right side the law?
So to help you tackle the tech, we asked Mike Ianiri to outline the technology essentials for startups, and how to maintain IT security from day one. (more…)
Value Added Tax (VAT) is a tax on the final consumption of certain goods and services in the home market but is collected at every stage of production and distribution. Most business-related goods and services will therefore be subject to VAT.
Every business owner can learn valuable lessons from studying how successful businesses are born and grow. Looking out for, and replicating, key drivers of success in other businesses, can help to drive our own business forward. However, vital insight can also be gained from business failures. In many cases, what we can learn from terminal […]
It may seem like yesterday, but Amazon first began disrupting the retail status quo nearly 25 years ago. As one of the world’s largest online retailers, it has set ecommerce standards. But it now has its sights set on stores. With Amazon’s move into offline retail set to be a game-changer, we asked Retail Technology […]
Company reviews left on websites such as Glassdoor and Indeed can be a great way for your organisation to build a positive reputation and help in efforts to recruit new talent. However, there is always the risk that staff may leave negative reviews on these websites, which can have a very different impact altogether.
Many small businesses up and down the country have a corner or storeroom where dead or unused electronic kit sits, unused and gathering dust. Many of us keep it there because, hey you never know, it might come in handy for spares one day. But it never does and ends up sitting there for years. […]
Starting your own business from scratch can be a terrifying prospect filled with self-doubt and worries about failure and going broke. To help you safely negotiate the path of entrepreneurship, we asked business mentor and author Brian Marcel to share his blueprint for business success.
“You should never judge a book by its cover”, or so runs the popular advice. But there’s a reason that these words are so often-repeated; we often need to remind ourselves that first impressions aren’t everything. Whether we’re meeting a new person for the first time, or picking up an unfamiliar product, our natural drive […]
Christmas might be a time for giving, but the common perception is that it’s not a time for investing. However, as John Auckland of TribeFirst reveals, funding statistics surprisingly show that December can be a great month to find investment for your business.
Christmas is just around the corner; the high streets are flooding with people, the markets are springing up in town and city centres across the country, and the festivities are in full swing. While it is a time of great celebration and merriment, Christmas can also be incredibly stressful with a stack of work to […]
Some businesses will work on Christmas Eve but then close down until Wednesday, 2nd January. It may feel as if everyone is off work and every office is closed (especially with many schools closed until 7th January as well) – but that’s not entirely accurate. Many people are still working during the festivities. As a […]
When you need to find business funding fast, what are your options and what are the quickest ways for you to secure more finance? We talk you through the most viable fast funding options for SMEs who need finance in a hurry, and include practical tips on how to ensure your funding application goes as […]
It’s Christmas! Well, nearly – and that means festive gifts and the goodwill. If you’re smart, your generosity can be tax deductible, so we asked Jonathan Amponsah of The Tax Guys to explain how you can claim some Christmas tax reliefs, and reduce your tax bill whilst still keeping the taxman happy.
With the average UK household spending between £500 to £800 on Christmas this year, around 20% will consider some form of borrowing to tide them over the holidays.
Today’s events offer the best of both worlds when the right technology is applied to the immediacy of the face-to-face experience. Delegates can enjoy the impact of personal, immediate interactions, networking opportunities and cutting-edge talks – with the added benefits of VR experiences, social sharing, personalised follow-up experiences and automated check-ins. In this way, the […]
Most entrepreneurs really struggle to bring in investment without the proper tools to bolster their proposition. An engaging pitch deck is a key part of any successful fundraising strategy, so it’s vital to get it right. With no clear consensus on what a great pitch deck for raising funds looks like, we asked funding expert, […]
There are a whole range of ways that you can build backlinks to your business’s website, from guest posting to tactical link audits and on-site asset creation. However, the amount of time and effort it takes to get each link can become a barrier, particularly when you have limited resources.
In a small business or start-up culture there is often limited time available for formal employee appraisals or structured feedback planning. However, developing a business culture where structured feedback is routinely given, received and acknowledged is essential for long-term growth.
According to a study by Elements Global Services, 69 percent of UK businesses are planning to expand internationally in the next three years. At the same time, 58 percent of businesses described hiring and onboarding overseas staff as challenging. Problems identified in the research include setting up global payroll, benefits programs and other HR essentials; […]
When I first discovered entrepreneurship, I was a blind optimist and believed that most entrepreneurs were succeeding, earning big money, enjoying freedom and making an impact. I knew there was work involved, but I couldn’t understand why people wouldn’t choose to be an entrepreneur – success was a sure thing if you were ambitious, tenacious […]
Following a successful recruitment and selection process, employers will be able to identify which candidates they wish to employ. Making a job offer to the successful candidate appears to be a straightforward area of law, however, there are several factors that employers should consider to put themselves on the best path.
New scientific products are often innovative, forward-thinking and can even be life changing to many. But those seeking to bring them to market must prepare themselves for an uphill struggle.
Visuals help people retain information up to 55% more effectively. Therefore, if you want your business’s products to be top-of-mind for consumers, you must have a visual merchandising strategy in place.
New research reveals that companies who take their insurers to court over non-payment of an insurance claim only win in around one in three cases.
Under the Working Time Regulations 1998, employees are entitled to take a minimum of 5.6 times their normal working week as paid annual leave each year. As employees typically place great significance on their holiday entitlement, the act of declining an annual leave request can often be met with annoyance.
The business landscape is constantly changing, and new technology is accelerating the pace of developments. These changing dynamics have redefined the ‘ability to learn’ as an essential skill, whatever your role in the organisation. ‘Learn something new today’ should not be just a lesson for when you are in school or university – it should […]
Whether its public, private or hybrid, cloud is redefining how SMEs use IT. Businesses of any size can now acquire high-quality, IT software and technologies when they need it. According to the latest research, total cloud adoption in the UK now stands at 88 percent and no longer are SMEs trailing behind larger corporates, with […]
Pre-paid funeral plans are set to be met with much stricter regulation, it has emerged. The funeral plan industry has been brought to the attention of the UK Government which plans to deal with bad practice in the sector.