Tag Archive for Advice

A small business guide to going freelance in 2018

The new year is here and along with losing weight, giving up alcohol, becoming a vegetarian or learning to dance, perhaps reviewing your career is on the list too? And that might not just mean changing jobs, but taking the plunge to work for yourself. If you haven’t had the confidence to take the leap
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Should your business invest in cryptocurrencies?

Digital currencies that are produced and overseen by cutting-edge encryption systems are known as cryptocurrencies. Until relatively recently the idea remained somewhat theoretical, but in 2009 the establishment of Bitcoin made cryptocurrencies a more popular commodity. In late 2017 the entire cryptocurrency market went stratospheric, with across the board increases that were no doubt spurred
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Starting out as an SME: what you need to know

Starting a new business is exciting. It’s also very hard and many young businesses fail; in Europe around one in three very small businesses die before their second birthday. However, this also means that at least two thirds make it through the tough early years and beyond – so what does it take to succeed?
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The MAC response to the call for evidence on the impact of Brexit

The Migration Advisory Committee (MAC) was asked by the UK government to advise on the economic and social impact of the UK’s exit from the European Union (EU) and also on how the UK’s immigration system should be aligned with a modern industrial strategy. The MAC’s findings and recommendations to the UK government will be
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How to be resourceful: Top tips for small business frugality

‘Work on developing a culture of resourcefulness’ – Richard Branson, founder of Virgin A practice of frugality is endorsed by many successful entrepreneurs the world over. Ben Collins, founder of finder.com.au, recommends that frugality ensures you can worry less about finances thereby having greater room for taking risks. A baseline benefit shared by many who’ve
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How to make the transition from freelancer to small business

Freelancers are driven by many of the same motives as entrepreneurs. You want to be your own boss, do things your way and take control of your own destiny. The big difference is that as a freelancer, there is a limit to how much you can grow your client base, with only so many hours
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Older entrepreneurs: Tips for business success

When you think of an entrepreneur, what image usually springs to mind? Many would think of a young, tech-savvy student straight out of a top business school, embarking on a new innovative business venture. However, increasingly this is not always the case. In fact, entrepreneurs are now more commonly middle-aged professionals who have spent around
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Digital risk management strategies for modern businesses

Digitisation has contributed to smooth business processes across multiple industries. However, there are several risks that come with digitisation especially when it comes to safeguarding and governing the data. Here are a few tips to help you with risk management for your digital business. Developing deletion schedules Having a good data deletion and retention schedule
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The company offering kitchen space for food businesses

Self-employment is at a record high as we’re now seeing emerging technology making it easier than ever to set up a business. Technology has been one of the biggest enablers for aspiring entrepreneurs, opening up opportunities through innovative apps and accessibility to an eager customer-base. With so many new entrants, there is greater risk that
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Realising the power of renewables for small businesses

Use of renewable energy in the UK is slowly growing, now accounting for more than 20 per cent of the country’s electricity1. In June this year we had a record breaking day with over 89 per cent of the country’s electricity demand met by low carbon sources, with renewables making up 50 per cent of
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