Monthly Archives: January 2021

Hot Business News Today

Should small businesses outsource their payroll management?

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Originally written by Partner Content on Small Business
Today, several businesses are receiving services from other companies on topics that are not in their area of expertise. In this case, which we define as an outsource service, it is possible to receive the most professional service for your specific needs if you cannot perform on your own or prefer to assign it to a more experienced party. That is why many corporations choose to outsource some of their operations. Payroll is one of them.
In fact, a company may start receiving outsource payroll services for several reasons. For example, there are many significant benefits of outsourcing payroll systems for large companies. The more employees working in the business, the more complicated the payroll becomes and the higher the burden falls to HR employees. If you outsource the payroll service, you are not just outsourcing payroll preparation. The service also provides you with resources such as leave and absence monitoring, entrances, and exit transactions. For this purpose, payroll services provide large-scale companies with savings of time and effort.
For small companies and start-ups, outsourcing payroll services has numerous benefits. Imagine a business that was founded a year or two ago and employing around ten people.

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Hot Business News Today

Gerald Ratner: ‘I don’t think it’s right that there’s such a stigma attached to failure. It’s a British disease’

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Originally written by Timothy Adler on Small Business
Welcome to Small Business Snippets, the podcast from SmallBusiness.co.uk. Today’s guest is Gerald Ratner, author, motivational speaker and businessman.
We discuss the decline of the high street and how Gerald reinvented himself after one of the biggest setbacks of his career.
Listen to it in the media player below.

You can also catch our episodes with:

Entrepreneur and TV presenter, Trinny Woodall
Pub owner and bartender on Channel 4’s First Dates, Merlin Griffiths
Founder and chairman of Pimlico (formerly Pimlico Plumbers), Charlie Mullins
Retail expert and former Dragon, Theo Paphitis
Author and boardroom expert, John Tusa
Digital guru and investor, Sherry Coutu
Entrepreneur and former Dragon, Rachel Elnaugh
Businesswoman and Dragon, Deborah Meaden
Entrepreneur and The Apprentice 2005 candidate, Tim Campbell
Gousto CEO, Timo Boldt
Entrepreneur and The Apprentice 2018 candidate, Jackie Fast
Investor and former Dragon, Piers Linney
Investment fund manager, Nicola Horlick
Supermodel turned entrepreneur, Caprice

We’ve got podcast episodes from the first series looking at:

How one business owner’s mental breakdown caused her to see trolls from her past
How one entrepreneur hired a videographer to track their every move and build their business brand
How funding a business led one entrepreneur to stress-related alopecia
One entrepreneur’s first professional public speaking engagement
Adapting to UK life and learning English before starting a business
Securing

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