Monthly Archives: September 2020

How Bill Gates Learned to Be an Empathetic Leader

by Shawn Freeman • September 24, 2020 • 0 Comments

The awkward tech leaders of yesteryear no longer cut it — founders must find ways to strengthen their interpersonal skills if they want to thrive.

3 Reasons Why Client Retreats Should Be Your Go-to Event Model Starting Today

by Jenn Murray • September 24, 2020 • 0 Comments

This is how to make sure your event stands out from the crowd.

What You and New Citigroup CEO Jane Fraser Can Learn from Other Female CEOs About Sustainable Success

by Patti Fletcher • September 24, 2020 • 0 Comments

Turns out seemingly doomed leadership situations don’t have to fail after all.

Covid expected to cost small businesses £69bn

by Anna Jordan • September 24, 2020 • 0 Comments

Originally written by Anna Jordan on Small Business
The effects of COVID-19 could cost businesses £69bn, according to new figures from Simply Business.
That’s an average of £11,799 per business, made up of lost work, earnings and total revenue.
A worrying 67 per cent of businesses said they had to stop trading at some point in the past six months. There could be more to follow, as 14 per cent said that they’re likely to close in the next one to three months, 12 per cent believed they’ll be closed within the next three to six months and 11 per cent within six months to a year.
Small businesses fear a second lockdown with one in five (17 per cent) saying that they wouldn’t survive.
A large proportion of respondents (48 per cent) believed that it will take at least 12 months to recover the money lost due to COVID-19. A significant 12 per cent thought that it would take two to three years.
However, it’s not an entirely gloomy picture. Despite lockdown’s challenges, 85 per cent plan to remain self-employed and ten per cent plan to start businesses. Others have adopted new technologies – 47 per cent are using messaging apps, 33 per cent are

Hot Business News Today

One in 5 Brits want to go into business for themselves since lockdown

by Rory Bennett • September 24, 2020 • 0 Comments

Originally written by Rory Bennett on Small Business
One in five Britons have either started a new business since lockdown or plan to start one by the beginning of 2021.
According to Direct Line, the most popular sectors to have started a new business are IT and web design (21 per cent), engineering (14 per cent), building/property (8 per cent), education/ training (8 per cent), retail/wholesale (6 per cent) and business/management consultancy (4 per cent).
The surge to start a new business comes as people have come off furlough since lockdown, often to find themselves unemployed.
The Bank of England estimates that unemployment will spike at 2.5m by the end of this year, with the unemployment rate almost doubling to 7.5 per cent. Over 730,000 people have become unemployed since March according to Office of National Statistics.
Research suggests that young people, aged between 18-34, are hardest hit by the pandemic, but 48 per cent have become or intend to be entrepreneurs.
Of the kitchen-table entrepreneurs who have not yet started their venture, 19 per cent hope to have it up and running by the beginning of 2021.
The survey is supported by Companies House data, which showed that more than three times the average number of