We often hear the word ‘thriving’ but have you ever stopped to consider what it really means, or whether it applies to you? The dictionary definition of ‘thrive’ is ‘to prosper, be fortunate or successful’ and also ‘to grow or develop vigorously; flourish’. In coaching terms, thriving is all about working on your self-development, personal […]
What Does It Mean To Thrive? Read More »
There has been much discussion recently in credit industry events and forums I have attended about tell-tale signs to look out for if any of your customers are experiencing financial problems, which will ultimately impact payment of your invoices. It is vital not to overlook these as if you delay taking appropriate action you may
Red Flags In Credit Control Read More »
Selling a business is often viewed as a highly complex process, not least when trying to find the ideal buyer. This is why business owners should consider a management buyout (MBO) as an attractive succession option that can allow for an early and profitable exit from their business. Why should I opt for an MBO?
To grow a business, business leaders need to understand where they are now, have the ability to review their business and use that information and reliable data to plot their plans for growth. Growth can only be measured by having robust data to help you understand how far you have come or may still have
Automation in accounting: data driven decisions Read More »
Until recently, and for over a decade, I was Head of Digital and Chief Product Officer (CPO) at Freeads, having the privilege of being part of an incredible journey. Growing 400% from 1m in 2010 to 4m in 2013 was truly a collective effort. I believe this journey speaks to the importance of strategic digital
Unlocking Product Success with Daily Data Read More »
In 2020, Oxford Economics estimated there were 4.8 family million businesses in the UK, making up 85.9% of all private sector businesses, employing 13.9 million workers, 51.5% of private sector employment. Family run businesses can be extremely successful. The individuals know each other well and at least in the early days, they are all pulling
Highs and Lows Of Running A Family Business Read More »
It has generally been the case that dividends have offered company owners and directors a cost effective and flexible remuneration option compared to a bonus or salary. However, the gap between the two has narrowed more recently, and with the recent Corporation Tax rise from 19% flat rate to an upper rate of 25%, it
Salary or Dividend For Company Owners and Directors? Read More »
A positive culture is crucial for many reasons, including employee wellbeing and attracting and retaining staff. A positive culture within an organization is essential for a variety of reasons, and its impact extends beyond just the well-being of employees. Some key reasons as to why a positive culture is crucial can come down to promoting
Culture Positivity For A Healthy Workplace Read More »
The number of fit notes issued in the UK hit a record high last year – 10.4 million. In part, the increase has been attributed to the economic crisis and also to the impact of the pandemic, which has led to more stress-related absences. If you’ve been noticing increased absences, it might be having negative effects
Sickness Absences Are At An All-Time High Read More »
In today’s highly competitive business landscape, companies are constantly seeking new ways to differentiate themselves and gain a competitive edge. While various strategies and tactics can be employed to achieve this, one aspect that often stands out as a crucial factor in determining success is customer service. Providing exceptional customer service not only fosters positive
Customer Service For Profit Read More »
