Scaling your business is exciting. If all goes well, your team, your customer base and your revenue will grow. If done badly, you could end up with stressed out colleagues, a crisis of responsibility, and a lot of admin. Here are five things you should think about before scaling up. Know your business An analysis
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Admin is killing UK business: A quarter of managers struggle daily
by Owen Gough • • 0 Comments
New research reveals that managers from across the UK suffer from too much admin. It has been found that small businesses are being particularly affected, as 35 per cent of SME leaders spending much of their day on paperwork, tripling time spent on admin tasks over customer services. The management pressures and productivity survey, conducted by
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Cyber security readiness study finds widespread shortcomings
by Owen Gough • • 0 Comments
A study of 3,000 companies in the UK, US and Germany, conducted for specialist insurer Hiscox, reveals that more than half (53 per cent) of businesses in the three countries have ill-prepared security to deal with cyber-attacks. The Hiscox Cyber Readiness Report 2017 assesses firms according to their readiness in four key areas – strategy, resourcing, technology
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Midlands engine roars ahead in start-up surge
by Owen Gough • • 0 Comments
Midlands city, Birmingham, is crowned the most entrepreneurial city in the UK (outside of London), while overall the north has seen a surge in start-up lending, according to data from The Start Up Loans Company. The top ten is based on the local authorities, including city boroughs, that secured the highest amounts of start-up funding in
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The Party Plan – An UnderEstimated Way To Make A Great Living – Arbonne Review
by Ted Nuyten • • 0 Comments
Direct Selling has basically 2 kinds of compensation plans to make a living possible for a distributor: The Network Marketing compensation plan and the Party Plan. Around a party plan there are myths and mis-understandings:
“You can not make much money in a party plan”
‘It’s for stay at home mums”
“It’s not sexy for young people”
“You have to wait for weeks before you get your money”
If you analyze the earnings in a party plan compensation plan, in this case Arbonne, the truth is different. The average party plannes holds two to four a month including in-home, online and virtual parties, plus direct orders through customer accounts. Party plan companies have combined their party plan with network marketing compensation strategies, and therfore made it possible to earn much more.
Companies pay commissions by direct deposit weekly or
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London mayor backs new initiative to improve diversity in business
by Owen Gough • • 0 Comments
Pride in London today announced it is launching a new initiative in partnership with OUTstanding aimed at promoting diversity and inclusion in business. Covering a wide range of LGBT+ themes, Pride in the City will bring together organisations from a variety of industries and sectors, in support of LGBT+ inclusion. A recent study showed that
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Cyber security: What small businesses need to know
by Owen Gough • • 0 Comments
Did you know that 27 per cent of SMEs believe that they are too small to be of interest to cyber attack? Despite the fact that almost 60 per cent of UK SMEs have been victim of an attack. No one is too small to go untargeted. So if you’re starting up a small business, you need
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Does my fledgling retailer need an online marketplace to survive?
by Owen Gough • • 0 Comments
The online marketplace has revolutionised how we shop online. They give people a single destination from which they have access to a myriad of brands and products – the concept is as old as time, of course, but instead of Harrods, Westfield and Walmart we’re talking about Amazon, Etsy, and eBay. The benefits of this
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The most important aspects of running a family business
by Ben Lobel • • 0 Comments
In my time as a company CEO, I have learned a great number of things that work well in business, and an even greater number of things that don’t. When it comes to running a successful family business, I would say that the most important aspects are these: ethos, balance and innovation. When it comes
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Accountants call for clarity over National Insurance Contributions scrap
by Owen Gough • • 0 Comments
Top 40 accountants Bishop Fleming are calling on the government to be open and honest about its plans to reform National Insurance Contributions paid by the self-employed. The firm fears that the promised £145 a year saving for the self-employed from the scrapping of Class 2 National Insurance Contributions in April 2018 will be cancelled
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