There are a lot of things working against a small company in today’s business world. Government regulation costs far more for smaller companies than medium or large companies, the economy of scale seldom applies so services and products typically cost more leaving margins even more narrow, and when things are going well there is simply not enough manpower in reserve to tap into to take advantage of an upswing in business or the economy. Despite this, small businesses can still flourish by taken advantage of the things that work in their favor. The key to taking advantage of opportunities is to make a great first impression and earn the respect of larger businesses and public when opportunities do present themselves. Continue reading “Big Impressions Help Small Companies Compete”
Every business in the world is thought of as a faceless bunch of suits that want to take advantage and have a pack of attorneys just waiting to step in and start litigating at the first sign of trouble. The truth is that the opposite true. Nobody, particularly a business, wants things to go to the extreme of litigation and legal actions. It is expensive and time consuming and distracts from the daily routine of running a business and providing great value to its customers. If there is actually a fault in the business world it is the reluctance to use legal counsel when it really should. Continue reading “Knowing When It is Time to Get Legal Help”
With the UK business sector enjoying it’s most sustained spell of growth for more than 15 years, there is understandable optimism among SME’s nationwide. This must be treated conservatively, however, as there is no guarantee that this growth will continue indefinitely and the threat of long-term recession continues to stalk the global economy. As an independent business-owner, it is imperative that you take responsibility for your own financial future and safeguard your investment with sound fiscal decision making. Continue reading “The Practical Side of Recycling: Saving and Making Money as a Business-owner”
In financial and logistical terms, there is a world of difference between online and offline business ventures. Not only do offline businesses generally require a larger amount of capital to be invested into funding start-up costs, for example, but these ventures also demand a greater infrastructure if they are to succeed over time. This contrasts sharply with online ventures, whose owners can often maintain minimal overheads while also operating without the need for a clearly define structured or multiple staff members. Continue reading “How to Become a Safety Conscious Employer”
If you are thinking of starting up a franchise, it is vitally important that you work with an experienced franchise attorney. Franchise lawyers will make sure that the company you are setting up is fully legitimate and that you actually get what you are paying for. Additionally, they will help you with your contracts and more. Let’s take a look at some of the main reasons why you should always work with franchise lawyers. Continue reading “Excellent Reasons as to Why You Need a Franchise Attorney”
While the national unemployment rate may be continuing to fall in the UK, there remain concerns that there are a fundamental lack of long-term job opportunities nationwide. This is triggering something of a vicious cycle, however, as it encourages some individuals to pursue further education in the form of a Master’s Degree or similar academic qualification. The lack of long-term employment opportunities mean that these qualifications do not necessarily boost your chances of finding work, and ultimately leaves a growing demographic of jobless graduates in the UK. Continue reading “The Lure of Entrepreneurship for Students: It Benefits in 2014”
Now more than ever before, businesses have a social responsibility for ensuring that their actions don’t have an irreversible effect on our environment. Climate change has been almost unanimously accepted as a reality and a genuine threat to future generations and the continuation of life on earth. And unfortunately, businesses are one of the chief contributors. How are they affecting the environment and what can they do in order to be socially responsible? Read on. Continue reading “The Social Responsibility of Businesses Today”
There is no denying it; the nature of the contemporary workplace is far removed from previous generations. This evolution has been triggered by the advent of technological advancement, which has improved remote communication methods and made it far easier for individuals to work independently. This has triggered a rise of the number of freelancers, independent contractors and aspiring entrepreneurs active throughout the UK, while it has also encouraged many more to consider branching out as a sole trader.
The competitive world of business is constantly changing, and companies must learn to be flexible and adaptive if they intend to find success. Whether you’re part of a large and well-established business or the head of a small start-up, it’s important to be aware that there are plenty of ways to improve business efficiency. Some of these suggestions don’t cost anything at all and are guaranteed to boost your company’s bottom line. Continue reading “How to Increase the Efficiency of Your Business”
It’s that time of year again. The snow has melted and the air has warmed, but your business is still stuck in winter-mode. No matter how young or old your business is, there’s no better time than the present to make changes that will benefit you, your employees, and your customers for the rest of the year. If you’re looking for ways to save your business money, or perhaps make it run more efficiently, take a look at these six spring cleaning strategies that will refresh how your company functions so you can continue to make better business decisions for the future. Continue reading “6 Spring Cleaning Strategies for Business Owners”
All industries are covered by legislature governing their operational responsibilities. These responsibilities may include anything from finances and employee rights, to health and safety or manufacturing guidelines. The very nature of regulatory responsibilities means that they are, for the most part, governed by law. Therefore, not adhering to them could spell disaster for your company and your employees, not to mention any third parties involved in whichever regulated procedure is being neglected. Continue reading “Is Your Business Meeting Its Regulatory Responsibilities?”
Although the environmental benefits of recycling are well known; you may be surprised to note how it can also benefit your business. Not only will you and your employees gain the sense of satisfaction achieved from helping to contribute to a cleaner, greener environment for yourselves and future generations but it could also help to reduce your businesses costs and increase productivity too.