A hard Brexit could cost the UK’s automotive, technology, healthcare and consumer goods sectors a total of almost £17 billion per year in lost EU export revenues, according to ‘the realities of trade after Brexit’. The report, launched today by global law firm Baker McKenzie, covers four sectors that account for 42 per cent of
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Tag Archive for Business Management
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Securing your financial future if you’re self employed
by Owen Gough • • 0 Comments
There can be many benefits to freelancing or running your own business – flexible hours, the option to work from home, no fixed holiday allowance and, of course, the chance to follow your passion. On the other hand, one potential downside is that the responsibility for looking after your finances all falls to you. It’s
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What can football managers teach small business?
by Owen Gough • • 0 Comments
The 21st FIFA World Cup is due to kick-off at the Luzhniki Stadium in Moscow on the 14th June 2018. Prior to that the four Home Nations will be vying to become one of the 32 qualifiers to reach the finals. The tournament is one of the biggest sporting events in the world, bringing together
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Could employee ownership hold the key to a mission-led business legacy?
by Ben Lobel • • 0 Comments
For many business owners, the topic of succession planning weighs heavy – with efforts to select the strongest leadership team, spread risk and protect jobs a key focus. However, for socially-conscious organisations, the question of how to preserve the ethics and values of the business can be even more challenging. Rather than assuming they can
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Lessons learned from the Google anti-diversity memo
by Ben Lobel • • 0 Comments
In this Small Business monthly series of ‘Lessons Learned’, Jennifer Janson, author of The Reputation Playbook and chairman of Six Degrees, will assess how a company that was recently in the news has handled a crisis, and provide top tips for small businesses to handle crises in the best way possible. As issues surrounding freedom
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UK independents still rely on pen and paper to manage their business
by Owen Gough • • 0 Comments
Today, Lightspeed and SaveTheHighStreet.org reveal that more than a third of UK independent businesses are still using pen and paper to manage vital parts of their businesses such as managing inventory and ordering stock. Of the 2,000 businesses surveyed from the SaveTheHighStreet.org database, only 15 per cent indicate they had an EPOS system installed to
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How small businesses can streamline their processes
by Ben Lobel • • 0 Comments
It is in human nature to complicate everything even the simplest of tasks. It is no different at the workplace. Every job basically entails following through a string of processes, meaning all you have to do is ensure that each process is done effectively. The workflow of a business is simply determined by how effectively
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Four ingredients every business needs to survive a competitive market
by Owen Gough • • 0 Comments
Too often, you hear of individuals starting a business because they heard someone else had started one in the niche and managed to succeed. While it’s a good thing to be inspired by others, it is ill-advised to attempt to accomplish what someone else has done without understanding how they went about achieving it. Successful
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Running a small boutique hotel – What are the costs?
by Owen Gough • • 0 Comments
I’ve always harboured a secret dream to run a small but luxurious boutique hotel. I blame reality shows like Alex Polizzi, Hotel Inspector. We watch the struggling proprietors with dismay and shout at the screen ‘I could do much better than that.’ Nodding enthusiastically along with the advice proffered by Ms. Polizzi. By the time
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Reputation management in a small business: the dos and don’ts
by Owen Gough • • 0 Comments
There’s no such thing as bad publicity, except when you’re a business, especially a small business. Reputation management is crucial to your survival, which is why more companies invest money into hiring social media managers these days. If you’re afraid of making mistakes, here’s a quick dos and don’ts guide to help you out. Do
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