Nowadays there is absolutely no reason why your business should not be recycling. Many would argue it is even negligent to not have some form of recycling system in place, even if it could be more efficient (the chances are it can.) By not recycling at all, you are likely to be spending more money on waste than you should be and your bin area is likely to have overflowed into a mess at least a couple of times before.
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“Don’t start a company unless it’s an obsession and something you love. If you have an exit strategy, it’s not an obsession” – said Marc Cuban, a well-known American entrepreneur. Running a startup is much harder than many aspiring entrepreneurs could have imagined. You might have difficulties in different spheres including communication, project management, marketing, and sales. Thus, it is important to ensure that you are well prepared and equipped with reliable tools to handle such activities.
There is no doubt that accounting software can come with great benefits for your small business. From helping you keep up with the tax deadlines to making it easier to keep records of your business finances, accounting software can be a great help. But how do you choose the right one?
As a small business involved in overseas trading, there lies a high risk due to fluctuating currency. More specifically, the volatile nature of the marketplace and mitigating factors which directly impact the value of selected currencies, both at home and the trading country. As a small limited company or an overseas contractor, it is vital to actively measure the risk and equip your business against changing exchange rates. Failure to do so could tip your business towards financial difficulty, disrupting company cash flow and the overall profitability of the company, writes Keith Tully of Real Business Rescue.
Readers questions: A small limited company has signed an agreement with me to provide certain services when its building project is complete. So my question is if the company is sold on, does the acquiring company have to honour this agreement with me?
There are probably a few people who still doubt the power of social media. Long gone are the days where we’d log on to simply keep in contact with those closest to us; social networks have now developed to a point where we can shop, stream and even report a crime, all without closing an app.
Most of us dream of at some point in our adult lives, being able to work doing something that we really love. After all, according to the National Office of Statistics, most people spend at least 37.5 hours a week at work. To be doing something that we hate isn’t good for us.
To be an entrepreneur is both a reward and a challenge. An entrepreneur’s to-do list is neverending and there’s always a new task to complete.
For a lot of people, starting their own business requires a huge leap of faith. The reason behind this is simple – it is most often a step into an unfamiliar world, where you cannot be sure whether any of it is going to work out, even if you have a brilliant business idea. However, the very fact that you are seriously thinking about it is already enough for a good start. You are aware of the risks, and you have already heard all the intimidating statistics on startup failure.
Two brothers, Timothy McElroy and James McElroy founded their business as they struggled to find a dog sitter for their dog. They took inspiration from the likes of Uber and Airbnb to set up their business. Now, HouseMyDog is Europe’s largest online community that enables dog owners to find and book local, trusted dog sitters and walkers. It operates in more than 70 cities across the UK, Ireland, Spain, France, Germany, Switzerland, Austria, and Belgium.
Have you ever dreamed of putting your toe in the water and working abroad in a sunny, relaxed place for a few weeks a year, or even working away on a permanent basis? If you’re hearing the call from your dream beach location, then you could work from there.
Getting tax right requires careful planning. Whether you are a sole trader, a business owner with staff, or a higher rate taxpayer, you need to be talking to your advisors and keeping your eye on the ball.
The digital marketing world can no longer afford to ignore podcasts as a platform since the rest of the world definitely isn’t. If the world’s podcast episodes were the citizens of a nation, it would sit somewhere between Malaysia and Mozambique, with over 28 million people and rising. A country of podcast listeners though would number somewhere between Indonesia and the United States. Nearly two-thirds of South Koreans, half of Americans, a third of Australians, and a fifth of Germans, and many other portions of other countries all reporting having listened to a podcast in the last month.
Technology has broken any barriers of distance and culture. Thanks to this, virtual teams are the ideal solution for small businesses or for tasks which don’t require too much human interaction. Truth be told, there are even solutions that allow people who require high degrees of interaction to work remotely with great success as well.
Readers Questions: Does limited liability still apply with just one director?
Every manager needs to be well acquainted with the performance of their employees. It’s an essential part of the job. You can’t make any effective changes if you don’t know who is lacking and why they aren’t reaching their full potential. A lot of managers, including us from MAUS Business Systems, use staff performance software to help them keep track of many employees and their progress over time. These programs come with their own pros and cons.
So, you’ve done it. You’ve had an idea, you’ve launched a business, it’s even started to grow. Congratulations; you’ve cleared your first set of hurdles. But what do you do next? You have information coming at you from every angle. Demands on your time are growing and your available time is dwindling. How do you know which information matters? And how do you keep the momentum going, or even build to the next level? Every business is different, but some requirements are universal, and some data should never be overlooked.
If you’re a business owner attempting to expand your brand and client base, millennials can be an attractive choice. It can be difficult to figure out how to start appealing to this new base. Even precise timelines for millennials are hard to pin down, but the general understanding is that the youngest of them are finishing college and the oldest are approaching 40 years of age. Thankfully, pinning down their tastes have been a bit easier than pinning down their age demographic.
Every time you create content for an email campaign, a landing page or an advertisement, you want the copy to be powerful enough to convert visitors to sales. Our detailed guide for small business owners covers seven ways to create content that has a bottom-line impact and generates more leads.
As only 57% of businesses have recently reported that they are ready for the Making Tax Digital (MTD) for VAT deadline, we want to ensure that small business owners are prepared for the future of accountancy. Essentially, the industry is in a period of transition where businesses with an annual turnover over the current VAT threshold of £85,000 (as of 2019/20) are required to digitalise their VAT accounts.
