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 »
We speak to a lot of people who have a website who are finding it isn’t really doing anything for their business. If this is the case for your website keep reading to find out some simple changes you can make to get more sales through your website. 1. Be Clear on the Purpose of
Three Ways To Get More Sales Through Your Website Read More »
I read a blog today. 20 reasons why you need a business plan. It was an interesting read. A lot of interesting content. BUT, personally, I disagree with the premise. It doesn’t make the author wrong or me right. But I do disagree. I would love it if you would indulge me and let me
The ONLY Reason to Write a Business Plan Read More »
What is a Virtual Assistant? In today’s digital age, businesses increasingly turn to virtual assistants (VAs) to streamline operations and enhance productivity. A virtual assistant is a remote professional who provides a wide range of administrative, technical, or creative support to individuals or organisations from remote locations. Unlike traditional assistants who work onsite, virtual assistants
Exploring the Role of a Virtual Assistant Read More »
A recent survey highlighted that with engaged employees, a company has 21% more profitability and suggests that employee engagement increases productivity by 17%. With the average UK engagement rate of 49%, 51% of employees therefore not engaged, these statistics should definitely not be ignored! In my previous article, I set out the 5 successful employee
EMPLOYEE ENGAGEMENT AND CULTURE – SUCCESSFUL EMPLOYEE ENGAGEMENT STRATEGIES Read More »
All businesses encounter problems at some stage. Good management sees the red flags early and takes corrective action before the downturn sets in and becomes irreversible. The end game may be an insoluble cash flow crisis, but the trouble starts way before then. Budget miss Forecasts are always wrong, the only question is by how
Spotting Problems Early & Acting Decisively Read More »
