Accounting, Bookkeeping, Accountant

5 Reasons Why Outsourcing Bookkeeping & Accounting Is Always Better For SMEs

No-one quite prepares any business owner prior to the launching of their company for the baptism of fire you face in the initial fight for revenues, in keeping those early customers happy, and in juggling all of your new-found responsibilities.…

What Help As A Small Business Is Available During The Coronavirus?

For small businesses, the coronavirus pandemic has created an environment of severe uncertainty and financial hardship that is constantly changing. The modern world has never faced a crisis like this before, nor one on this scale, making…
Business. Coronavirus

How Does Your Business Survive During The Coronavirus?

By now, businesses are starting to understand the impact that coronavirus is going to have on our economy, and on various sectors. For some that impact is already being keenly felt, such as in the hospitality and leisure industries. For others,…
Wage

What Is Wage Push Inflation?

Wage push inflation is an idea that economists and governments often use as a reason that it could be difficult to increase minimum wage in a country. But what does it actually mean? Put simply, the term refers to a situation where a rapid…
Investment, Entrepreneurs

How To Find Investment

For new businesses, finding investment can be the most nerve-wracking part of getting set up. With thousands of start-ups springing up every year, investors receive dozens of pitches every day, and it will take something special to convince…
Exit Strategy, Business Owner

Exit Strategy - Why Do You Need One?

An exit strategy is the preparation made by a business owner to leave their company on a permanent or semi-permanent basis. Departure from a business is normally followed by succession (passing the business onto a family member), a disposal…
Business, Entrepreneur

What Is An Entrepreneur?

Broadly speaking, you can define an entrepreneur as someone who sets up and runs businesses in potentially lucrative unexploited or under exploited niches. The money needed to launch the business will be drawn from their own finances or finance…
Employing, Staff, Contracts

The Advantages And Disadvantages Of Employing Staff

If you’re a business in the UK, hiring staff can be a big decision. Before taking on employees – whether on a full-time, part-time or self-employed basis – it’s important you have a good reason for adding to your workforce and understand…
Business, Valuation, Selling

How To Sell Your Business

There are many reasons that you, as a business owner, might decide to sell your business. The business might be failing, or you could be tired of running it. You might have a new opportunity you want to pursue or have other life changes that…
Staff, Mental Health, Workplace

Ways To Improve Your Staff’s Mental Health

As an employer, mental ill health within your workforce can lead to lower productivity levels, increased absences and potentially staff conflict. As a result, raising awareness of mental health at work should be one of your priorities as a UK business.