Highs and Lows Of Running A Family Business
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 …
Salary or Dividend For Company Owners and Directors?
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 …
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Culture Positivity For A Healthy Workplace
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 …
Sickness Absences Are At An All-Time High
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 …
Customer Service For Profit
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 …
Three Ways To Get More Sales Through Your Website
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 …
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