Tag Archive for Business Management

How entrepreneurs can grow their home-based business

Today, starting a home-based business can be for everyone, thanks to the rise of technology. Cloud technology, in particular, has opened up new doors for budding entrepreneurs as the need to rent physical space right from the off has become redundant. In 2016, 52 per cent of businesses in the UK were based in their
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Five common digital mistakes entrepreneurs make

Taking the leap and starting a new business can be a very unnerving prospect. Even for someone with extensive experience in the corporate sector, making the move into small business ownership can be a daunting and unfamiliar one. An important part of establishing a new business is creating a recognisable and credible digital platform. Digital
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Working capital: how to improve your situation

According to a report published by the UK Office for National Statistics, only 44.1 per cent of businesses that launched in 2011 still survived five years later. In other words, over half of all businesses shut down under five years. There are many reasons why this is the case. Poor strategy, ineffective marketing and leadership
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How to scale up businesses with a tricky-to-scale product

How does an SME take their business to the next level? Scale it up to break the glass ceiling? This is a challenge I have taken on and been working through in the last year. I am going to talk about the difficulties of scaling up a business with a product that cannot be easily
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Back to work: five ways to avoid a headache after your holiday

Holidays are an essential part of life, helping you to feel rejuvenated, inspired and better able to run your business. But what about when the time comes to put the sun-lounger away and return to work? The transition from holiday to work doesn’t happen at the drop of a hat. We’re not robots after all.
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Business energy costs: how can you slash your gas and electricity bill?

With the average UK business spending almost £4,000 a year on energy, there’s never been a better time for companies to take a good look at their gas and electric usage and find quick and easy ways to reduce their bills. Becoming energy aware (and energy smart) can not only help businesses boost their bottom
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Is salary transparency a good idea?

A recent survey conducted by Love Energy Savings showed that the majority of UK employees don’t want any salary information to be made common knowledge throughout their businesses. When asked which approach to salary transparency they would prefer in their company, eight per cent of UK respondents said they didn’t want any salary information shared within
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Five ways to rework sustainability into your business goals

Small businesses cannot afford to neglect environmentally-friendly policies in 2018. Rises in extreme weather events are putting businesses at risk, as interconnected supply chains and insurance protection gaps are increasing. Globalisation has also brought increased competition across all industries and businesses have never needed to differentiate themselves, and cut costs, more than today. Given these
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Financial growth: the next steps for your business

When you’re looking at financial growth for your company, it’s a good idea to pay attention to people who have been where you are before. Among the many pieces of sage advice passed on by Steve Jobs, one should always stick in the mind for any entrepreneur: ‘Start small, think big.’ Starting small is hard
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How technology can help businesses in the food industry

The food sector is changing fast, not least because of the rise of technology. Here is what is happening to the industry and how the right tech tools can maximise your business offering. A challenging market Is eating out on the way out? You would be forgiven for thinking so, with the UK’s top 100
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