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How To Pivot Your Business Strategy

If your business goes through a tough period, it may be time to pivot your strategy. Necessity is the mother of all invention. Many firms have had to pivot their business strategy due to the current market conditions. In order to pivot your strategy, you will need to start by doing your research, reassessing your […]

Read more June 22nd, 2021

Financial Support From Test And Trace Support Payment Scheme

The £500 Test and Trace Support Payment is for people on low incomes who have to self-isolate due to coronavirus (COVID-19). You may be eligible if you are employed or self-employed, cannot work from home, and will lose income as a result. You can only apply if you’ve been told to self-isolate by NHS Test […]

Read more May 21st, 2021

ONS Confirms Economy Growing

The Office for National Statistics (ONS) have published their latest figures on the economy showing that: The monthly gross domestic product (GDP) grew by 2.1% in March 2021, but remained 5.9% below its level in February 2020, which was the most recent month not affected by the coronavirus (COVID-19) pandemic. The rise in GDP was […]

Read more May 17th, 2021

Lockdown Rule Changes

From 17 May government advice is we should continue to work from home if we can and below we summarise the new relaxed lockdown rules: Gathering limits will be eased. Outdoor gatherings will be limited to 30 people and indoor gatherings will be limited to 6 people or 2 households (each household can include a […]

Read more May 17th, 2021

What Can Businesses Learn From Jeff Bezos?

As Jeff Bezos steps down as CEO of Amazon, his legacy continues to inspire business leaders across the world. Jeff Bezos started Amazon as a loss-making online book store and has built it into one of the largest and most successful businesses in the world. Amazon is a business that is known for having high […]

Read more March 24th, 2021

Feed Forward Rather Than Feedback

People can respond negatively to constructive feedback – so feed forward instead. When we provide feedback to an employee, we share information in terms of how they are currently performing. When negative feedback is given, the individual can respond defensively. Even constructive feedback can be taken the wrong way. The idea of feed forward is […]

Read more March 23rd, 2021

What Trends To Watch In 2021

The challenges faced by businesses in 2020 have driven businesses across the world to develop, adapt and innovate. Here are some of the key business trends to watch in 2021. Remote working technology Working from home is here to stay. Now that staff have adapted to remote working, they will expect to continue to be […]

Read more February 16th, 2021

Have You Updated Your Business Plan For 2021?

How to build your 2021 business strategy in the face of uncertainty. We live in uncertain times and planning for the future is challenging. Rather than paying attention to what you can’t do, focus on what you can do. For example, when restaurants couldn’t serve customers indoors, they transitioned to delivery, take-away and outdoor dining. […]

Read more January 27th, 2021

New Year Resolutions To Save Tax

At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax affairs before the end of the tax year on 5th April. An obvious tax planning point would be to maximise your ISA allowances for the 2020/21 tax year (currently £20,000 each). You might […]

Read more January 14th, 2021

Farewell 2020

This will be our last article before Christmas and the New Year break so let us wish you a Happy Christmas and a more stable New Year. We think many will be glad to see the back of 2020. Let us have hope that later in 2021 we return to a more normal way of […]

Read more December 21st, 2020

Are Digital Banks Suitable For Business?

Digital banking platforms such as Starling Bank or Monzo have risen in popularity, but are they suitable for business use? Digital banks have built popular apps for personal users to manage their current accounts from their smartphones. The apps allow users to easily manage their money, make payments and track their transactional activity. The digital […]

Read more December 21st, 2020

Local Restrictions Support Grant (For Open Businesses)

The Local Restrictions Support Grant (LRSG (Open)) supports businesses in England that have been severely impacted due to temporary local restrictions. Businesses that have not had to close, but which have been severely impacted due to local tier 2 or tier 3 restrictions, may be eligible for LRSG (Open). Eligible businesses may be entitled to […]

Read more December 9th, 2020

Coronavirus Bounce Back Loan

29 lenders have now signed up for the Bounce Back Loan (BBL) scheme. BBL enables smaller businesses to access finance more quickly during the coronavirus outbreak. The scheme helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available is £50,000. The government guarantees 100% of […]

Read more December 9th, 2020

Vaccine Optimism – The End Of Lockdown?

The news is full of stories this week of the UK Government approving the Pfizer vaccine and who will be first to be offered the jabs and how the vaccine will be rolled out and, rightly so, people are more optimistic about the ending of lockdown and a return to some form of normality. The […]

Read more December 9th, 2020

The Off-Grid Day

Blocking out a whole day once a month can work wonders for your productivity. Time management courses, books and best practice all suggest carving out some time each day to focus on being productive and working towards your goals and personal business objectives. However this often conflicts with the emails, notifications, calls and reminders that […]

Read more November 19th, 2020