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COVID-19 Business Support Update 2 April

Business Secretary Alok Sharma gave the 1 April 2020 daily press briefing on the government’s response to the COVID-19 pandemic. He also gave some updates on the business support offered. He commented: “From today businesses will start benefiting from £22 billion in the form of business rates relief. And grants of up to £25,000 which […]

Read more April 3rd, 2020

Universal Credit / Benefits Calculator

Many people will need to consider Government Benefits because of the Pandemic. For some, this will be the first time and you may require guidance on what you can claim and how much. If you are at all unsure we have included links to guidance from independent Benefits Calculators. Benefits Calculators If you want to […]

Read more April 3rd, 2020

Budget Day Is 11 March

The December General Election meant that the Autumn Budget was delayed. We now know that Sajid Javed will deliver his first Budget on the second Wednesday in March which is when Budget day used to be! We are expecting that the tax measures in the Conservative Party manifesto will be announced again, together with confirmation […]

Read more February 10th, 2020

Becoming A More Resilient Leader

We live in uncertain times. As such, business leaders need to be able to deal with temporary setbacks and recover quickly when things go wrong. Managers are faced with different challenges every day. These might include managing conflicts, dealing with increasing regulatory change or difficult trading conditions. Having the ability to cope effectively when under […]

Read more January 24th, 2020

Fast Followers Versus First Mover Advantage

Most of us are familiar with the term “first mover advantage” but sometimes the “fast follower” is the winner. A Fast Follower is a company that quickly imitates the innovations of its competitors by collecting research and data. By figuring out the innovations that seem to have the greatest potential, companies are able to weed […]

Read more January 23rd, 2020

Key Business Trends For 2020

The environment, wellbeing, mental health and technology look set to be some of the big business trends in 2020. As we move into 2020, businesses will have to adapt to a world that places greater emphasis on sustainable business practices. People will want to work for firms that take care of their employees in terms […]

Read more December 19th, 2019

Executing Your Strategy

Having a good strategy is one thing, executing it well can be a huge challenge. Many business owners and managers are familiar with the scenario: you arrange a strategy day with your team, capture the outputs and create a strategic plan. Everyone goes back to the office, the strategy paper gets filed and that is […]

Read more December 19th, 2019

Reduce Debtor Days To Improve Cashflow

Cashflow is king in any business. Yet cash flow is one of the areas that many businesses struggle to manage. Customers are reluctant to part with their money, even if it’s to pay for your goods or services. As such, it can take a while for them to pay their invoices. While longer debtor days […]

Read more December 19th, 2019

Data Protection Fees

Companies which are not registered with the Information Commissioner’s Office (ICO) are currently receiving a notice that their Data Protection Fee may be due by 17 January 2020. Many companies will already have received this notice. Under the GDPR regulations arising in 2018, any business that processes personal information is required to pay this fee […]

Read more December 19th, 2019

The Future Of Work

There is a lot of jargon out there around “the future of work”. What does it really mean for businesses? There is a lot of buzz around trends like artificial intelligence (AI), machine learning, blockchain, remote working, agile working, augmented reality (AR) and various other new concepts. As technology improves we have new opportunities to […]

Read more December 19th, 2019

The Power Of Saying “No”

It’s important to be able to say “no” at work without making enemies. It’s a simple word, but one that far too many of us have trouble saying. Perhaps it is because you’ve become successful by saying yes to every business opportunity, every request that has come your way, in order to grow your business […]

Read more September 24th, 2019

How To Raise Your Prices Without Losing Customers

The cost of running a business goes up every year, but when was the last time you increased your prices? Many business owners and managers worry that if they were to increase prices, they would lose customers. However, a customer will often be willing to pay a higher price if they feel they are getting […]

Read more September 23rd, 2019

Make Time For Your Own Personal Development

As a leader in your business, you are focused on developing the people around you. But who is responsible for your own development? If you want to help your employees to grow and develop, you need to invest time in developing yourself, as a leader. In order to focus on your own personal development, you […]

Read more August 22nd, 2019

Staff Summer Party Can Be A Tax-Free Benefit

Your organisation may have an annual Christmas party for staff, but the tax rules also allow staff parties at other times of the year which are a tax-free benefit as long as certain conditions are satisfied. The exemption applies to an annual party (e.g. a Christmas party), or similar annual function (e.g. a summer barbecue), […]

Read more July 9th, 2019

4 Steps To Effective Multitasking

In today’s fast-paced business world, here are some tips to help you to be more effective at multitasking. Over the past 10 years or so businesses have become leaner by reducing employee numbers, focusing on efficiency and increasing the demands on their staff. An increased workload forces us to multitask, which may be effective for […]

Read more May 28th, 2019