New online tools and the desire for a better work-life balance have made flexible working a realistic option for many people. But whether you want to work from home yourself, or are considering offering more flexibility to your employees, it is important to avoid some common traps. Challenges for home workers People who start working … Continue reading Flexible Working: the Pros, the Cons and the Technology
The most worn out phrase in the world of business valuations is that “it’s an art not a science”. This could not be more true, but what does it mean? To put it simply, it means there is no technically right answer when it comes to valuing a business. It is only worth what someone … Continue reading The Art of Valuing Your Business
Local Councils and Police, currently cracking down on licensing laws, have been focusing on the beauty industry. It has become common practice for hairdressers and beauty parlours to offer a complementary alcoholic drink as part of a ”pamper” package, without realising that an alcohol licence is required. A licence must be held, not just to … Continue reading Does Your Business Need to Be Licensed?
There are thousands of charities around the UK and, although we often only hear of the few high profile charities that appear in media coverage, there are also many very small charities whose main purpose is to help local causes. Some charities are ‘excepted’ from charity registration providing their annual income is below £100,000, an … Continue reading Should You Be a Registered Charity?
Budgeting is an essential tool used to monitor a business. It allows business owners to monitor what the business is actually doing, compared to what it wants to do. This seems a rather straight forward concept to understand, but it can often be met with scepticism when it comes to setting a budget. The “trying … Continue reading Insight into Foresight
Writing a business plan may sound like a long and tedious process that will lead to very few benefits for your business, but in reality the benefits that can be achieved from business planning are huge. Attracting investors – Business plans give investors a look at what a business expects to achieve in the future … Continue reading Business Planning: Plan to Succeed!
Networking events are more or less everywhere, whatever your field or location. Thanks to social media, it’s easier than ever to set up, plan and run a networking event. But what are our top tips for achieving a successful one? Keep it personal As your events may start to grow, remember to still try and … Continue reading Top Tips: Organising Networking Events
Business groups have outlined their priorities for businesses and the economy ahead of the 2017 Spring Budget. In a letter to Chancellor Philip Hammond, the Confederation of British Industry (CBI) called on the government to ‘back business’s growth ambitions’ to help build prosperity across the UK, and to work alongside firms to ‘prioritise stability’ during … Continue reading Business groups set out Spring Budget priorities
As first announced in 2014, the new 12-sided £1 coin will be finally be here on the 28th of March. For the first time in over 30 years, the pound coin will be changed after fears the existing coin was easily illegally copied, meaning a lot of worthless coins have been in circulation. The Royal … Continue reading Are You Prepared For The New Pound Coin?
According to Economy Secretary Ken Skates, the Development Bank of Wales is on course to open in the first half of this New Year. The aim of the new bank is to provide more than £1 billion of investment support to Welsh businesses across the next five years, and to help micro and medium businesses … Continue reading Development Bank of Wales to get its Skates on