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REAL BUSINESS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
THE FUTURE IS FLEX: THE OFFICE SPACE POST-COVID Flex can also allow businesses to reduce the risk in their real estate portfolios. For many businesses, real estate is the second highest cost after staff, due in part to lengthy contracts that may last five, ten or even 20 years. A 12-month licence in a flexible office greatly reduces the risk, and the cost of flex can sit on a profit and loss CAN YOU BE EMPLOYED AND SELF EMPLOYED? Charge a price for work done or sell products and services for a profit. Basically, if you are making money by any means other than employment, you are most likely self-employed. And if you are self-employed, regardless of whether you are also employed or not, you will need to register as self-employed with the HMRC. THE BEST SMALL COMPANIES WITH A TURNOVER OF UP TO ?10M IN LinkedIn. Copy Link. On 28 November, the Amazon Growing Business Awards will be held for the 20 th time, and among the accolades up for grabs is Small Company of the Year (Turnover up to ?10m). Below, explaining in 100 words why they are deserving of the Small Company of the Year (Turnover up to ?10m) title, are the eight contenders. HOW TO SET UP A FOUNDATION Setting up a foundation. There are several steps to setting up a foundation – these are outlined below, highlighting what you need to know about starting your own foundation. 1. Apply for charitable status. Anyone can set up what they call a ?foundation? and give money away, but to be trusted by third parties and to qualify for taxbreaks, it
TOP TEN OLDEST UK COMPANIES Top ten oldest UK companies. 1. The Shore Porters’ SocietyEstablished in 1498, this Aberdeen co-operative claims to be the oldest established transport contractor in the world. 2. Brooke’s MillFounded as a wool cloth mill in 1541 by the Brooke family, John Brooke and Sons Ltd is believed to be the oldest surviving family business in the UK. FIVE STRATEGIES FOR ACHIEVING AND SUSTAINING SME GROWTH As such, it is key to be deliberate, figure out the rate-limiting step in your growth, and pour as much fuel on the fire as possible. But for this to be beneficial, you may need to take the following strategies into account. (1) Don?t just charge in ? make careful deliberations James Hind, the founder of carwow, is a great advocate of sharing WHY ARE SOME EMPLOYERS NOT PAYING THEIR STAFF ENOUGH? Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
HOW STARBUCKS ADAPTS TO LOCAL TASTES WHEN GOING ABROAD How Starbucks adapts to local tastes when going abroad. When it launches in a new country the company sets about researching culture, history and local tastes, before partnering with local coffee companies and building stores which serve the needs of locals without comprising the signature brand of the Seattle-founded coffee store. 12 FICTIONAL LEADERS THAT MAY INSPIRE YOU Movies, TV programs and books have played a part in our lives for decades. So, from Darth Vader and Walter White to Iron Man and James T. Kirk, here are 12 fictional leaders that may inspire you.REAL BUSINESS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
THE FUTURE IS FLEX: THE OFFICE SPACE POST-COVID Flex can also allow businesses to reduce the risk in their real estate portfolios. For many businesses, real estate is the second highest cost after staff, due in part to lengthy contracts that may last five, ten or even 20 years. A 12-month licence in a flexible office greatly reduces the risk, and the cost of flex can sit on a profit and loss CAN YOU BE EMPLOYED AND SELF EMPLOYED? Charge a price for work done or sell products and services for a profit. Basically, if you are making money by any means other than employment, you are most likely self-employed. And if you are self-employed, regardless of whether you are also employed or not, you will need to register as self-employed with the HMRC. THE BEST SMALL COMPANIES WITH A TURNOVER OF UP TO ?10M IN LinkedIn. Copy Link. On 28 November, the Amazon Growing Business Awards will be held for the 20 th time, and among the accolades up for grabs is Small Company of the Year (Turnover up to ?10m). Below, explaining in 100 words why they are deserving of the Small Company of the Year (Turnover up to ?10m) title, are the eight contenders. HOW TO SET UP A FOUNDATION Setting up a foundation. There are several steps to setting up a foundation – these are outlined below, highlighting what you need to know about starting your own foundation. 1. Apply for charitable status. Anyone can set up what they call a ?foundation? and give money away, but to be trusted by third parties and to qualify for taxbreaks, it
TOP TEN OLDEST UK COMPANIES Top ten oldest UK companies. 1. The Shore Porters’ SocietyEstablished in 1498, this Aberdeen co-operative claims to be the oldest established transport contractor in the world. 2. Brooke’s MillFounded as a wool cloth mill in 1541 by the Brooke family, John Brooke and Sons Ltd is believed to be the oldest surviving family business in the UK. FIVE STRATEGIES FOR ACHIEVING AND SUSTAINING SME GROWTH As such, it is key to be deliberate, figure out the rate-limiting step in your growth, and pour as much fuel on the fire as possible. But for this to be beneficial, you may need to take the following strategies into account. (1) Don?t just charge in ? make careful deliberations James Hind, the founder of carwow, is a great advocate of sharing WHY ARE SOME EMPLOYERS NOT PAYING THEIR STAFF ENOUGH? Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
HOW STARBUCKS ADAPTS TO LOCAL TASTES WHEN GOING ABROAD How Starbucks adapts to local tastes when going abroad. When it launches in a new country the company sets about researching culture, history and local tastes, before partnering with local coffee companies and building stores which serve the needs of locals without comprising the signature brand of the Seattle-founded coffee store. 12 FICTIONAL LEADERS THAT MAY INSPIRE YOU Movies, TV programs and books have played a part in our lives for decades. So, from Darth Vader and Walter White to Iron Man and James T. Kirk, here are 12 fictional leaders that may inspire you. THE RECOVERY OF THE HOSPITALITY SECTOR The UK retail and hospitality sector has been one of the most impacted industries throughout the COVID-19 pandemic. The UK Hospitality Quarterly Tracker reported that sales dropped by 64% between April 2020 and March 2021, totalling an estimated £80.8 billion loss inrevenue (CGA).
DO BUSINESS AND ETHICS GO HAND IN HAND? 8 hours ago · In today’s modern world, there is often a conflict between business and ethics, with many businesses struggling to find a balance between profits and ethics. But do business and ethics go hand in hand or is it unrealistic to think that the two could ever be compatible? In this article, we’ll examine the relationship between business and ethics and answering the question of whether a WHEN DO I NEED TO REGISTER AS SELF-EMPLOYED? The HMRC recommends that you register your business as soon as it is possible for you to do so. However, there is a cut off involved with registering your business, and it is 5 October after the end of the tax year that you began your self-employment. For example, if you started a business/ became self-employed in July 2020, you’d need to IS BEING VAT REGISTERED GOOD OR BAD? THE PROS AND CONS If you own and run a business, registering for VAT should be something that you give some thought to. While it is necessary for certain businesses to register for VAT once they reach a certain turnover threshold, other businesses have the choice of whether they want to register or not.. In this article, we will be exploring whether registering for VAT is a good or bad thing for your business TIPS ON MAINTAINING TOP CUSTOMER SERVICE IN A PANDEMIC The COVID pandemic has created a crisis for many businesses. It has forced entire industries to change how they operate overnight and rapidly adapt to the ‘new normal’. Companies have had to adapt their customer service to an increasingly online audience, while overhauling their logistical BUSINESS VS JOB- WHICH IS BETTER, WHAT’S THE DIFFERENCE? Starting up your business part-time while still maintaining a full-time or part-time job is a great way to get a feeling for entrepreneurship while still THE PROS AND CONS OF LISTING YOUR BUSINESS ON THE STOCK Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
SOLE TRADER & UNLIMITED LIABILITY Liability refers to the amount that a business owes at any one time. This responsibility for these debts can fall on either the company itself or its business owners, depending on the structure of the business and where liability lies in that business structure. Read on to learn everything you need HOW TO BE AN ALLY FOR LGBTQ+ STAFF IN THE WORKPLACE It is understandable to feel overwhelmed by information in the eternally evolving world we live in. But, by educating yourself and listening to people’s experiences and feelings, you can always become a better ally to the LGBTQ+ community in the workplace. Why is it important to be an ally LEGAL ISSUES FOR UK BUSINESSES COLLABORATING WITH THE US Legal issues for UK businesses collaborating with the US. At a time when companies are increasingly partaking in cross-border work, businesses in the UK would be well-advised to bear in mind a handful of key differences as outlined below. Since contract law is based mostly on case law rather than statute, courts in the US often rely on HOW TO GIVE EMPLOYEE FEEDBACK CALMLY AND EFFECTIVELYAUTHOR: DIANESTROHFUS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
COVID-19 PRESENTS ONE OF THE GREATEST CHALLENGES IN COVID-19 presents one of the greatest challenges in business – rise to it! CEO of managed property bond portfolio, HJ Collection, Reece Mennie says businesses should find opportunity in adversity and rise to the challenges presented by coronavirus. WhatsApp, Instagram and Uber all share something incredible in common aside from having CAN YOU BE EMPLOYED AND SELF EMPLOYED? Charge a price for work done or sell products and services for a profit. Basically, if you are making money by any means other than employment, you are most likely self-employed. And if you are self-employed, regardless of whether you are also employed or not, you will need to register as self-employed with the HMRC. WHY TRUE TRUST BETWEEN COMPANIES AND CUSTOMERS IS CRITICAL Developing true trust between companies and consumers is in everyone?s best interests. Customers become more loyal, and businesses can reduce costs while improving revenue. Customers receive more value for their money, with better experiences more tailored to them. However, true trust must first be established – and this is the bridge RAISING CAPITAL IN BUSINESS: ASSESS YOUR OPTIONS When time is a factor, bridging loans can be the fastest option for accessing relatively large amounts of money in a short period of time. Typical bridging loan underwriting processes can be as fast as 3 to 5 working days. Each of these loan types has its own unique characteristics and advantages. For example, a secured loan may attacha lower
TEN COMMON TEAM CHALLENGES AND HOW TO OVERCOME THEM Working in a team often comes with challenges, but how you overcome them is the most important thing. We've highlighted 10 of the most common challenges of teamwork, and what you can do to overcome them. FIVE STRATEGIES FOR ACHIEVING AND SUSTAINING SME GROWTH As such, it is key to be deliberate, figure out the rate-limiting step in your growth, and pour as much fuel on the fire as possible. But for this to be beneficial, you may need to take the following strategies into account. (1) Don?t just charge in ? make careful deliberations James Hind, the founder of carwow, is a great advocate of sharing WHY ARE SOME EMPLOYERS NOT PAYING THEIR STAFF ENOUGH? Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
10 PITFALLS IN STRATEGIC MANAGEMENT The message here is simple: you need to be ruthlessly honest. Otherwise, you may wake up one day and your business is gone. 4. Failure to respond to structural changes in the market. Refusing to acknowledge that structural changes are real can also lead to flawed strategic responses. When something new comes along, the answer isusually to move
TAKING YOUR BUSINESS TO AMERICA, THE PROS AND PITFALLS Taking on America could be the best move your business makes. Building a business in your home market is no easy feat. But it’s nothing compared to trying to make it big in the United States. Business is all about risk and return. However, minimising the downside risk of new ventures, whilst ensuring your company can accrue maximum benefit. HOW TO GIVE EMPLOYEE FEEDBACK CALMLY AND EFFECTIVELYAUTHOR: DIANESTROHFUS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
COVID-19 PRESENTS ONE OF THE GREATEST CHALLENGES IN COVID-19 presents one of the greatest challenges in business – rise to it! CEO of managed property bond portfolio, HJ Collection, Reece Mennie says businesses should find opportunity in adversity and rise to the challenges presented by coronavirus. WhatsApp, Instagram and Uber all share something incredible in common aside from having CAN YOU BE EMPLOYED AND SELF EMPLOYED? Charge a price for work done or sell products and services for a profit. Basically, if you are making money by any means other than employment, you are most likely self-employed. And if you are self-employed, regardless of whether you are also employed or not, you will need to register as self-employed with the HMRC. WHY TRUE TRUST BETWEEN COMPANIES AND CUSTOMERS IS CRITICAL Developing true trust between companies and consumers is in everyone?s best interests. Customers become more loyal, and businesses can reduce costs while improving revenue. Customers receive more value for their money, with better experiences more tailored to them. However, true trust must first be established – and this is the bridge RAISING CAPITAL IN BUSINESS: ASSESS YOUR OPTIONS When time is a factor, bridging loans can be the fastest option for accessing relatively large amounts of money in a short period of time. Typical bridging loan underwriting processes can be as fast as 3 to 5 working days. Each of these loan types has its own unique characteristics and advantages. For example, a secured loan may attacha lower
TEN COMMON TEAM CHALLENGES AND HOW TO OVERCOME THEM Working in a team often comes with challenges, but how you overcome them is the most important thing. We've highlighted 10 of the most common challenges of teamwork, and what you can do to overcome them. FIVE STRATEGIES FOR ACHIEVING AND SUSTAINING SME GROWTH As such, it is key to be deliberate, figure out the rate-limiting step in your growth, and pour as much fuel on the fire as possible. But for this to be beneficial, you may need to take the following strategies into account. (1) Don?t just charge in ? make careful deliberations James Hind, the founder of carwow, is a great advocate of sharing WHY ARE SOME EMPLOYERS NOT PAYING THEIR STAFF ENOUGH? Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
10 PITFALLS IN STRATEGIC MANAGEMENT The message here is simple: you need to be ruthlessly honest. Otherwise, you may wake up one day and your business is gone. 4. Failure to respond to structural changes in the market. Refusing to acknowledge that structural changes are real can also lead to flawed strategic responses. When something new comes along, the answer isusually to move
TAKING YOUR BUSINESS TO AMERICA, THE PROS AND PITFALLS Taking on America could be the best move your business makes. Building a business in your home market is no easy feat. But it’s nothing compared to trying to make it big in the United States. Business is all about risk and return. However, minimising the downside risk of new ventures, whilst ensuring your company can accrue maximum benefit.REAL BUSINESS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
THE RECOVERY OF THE HOSPITALITY SECTOR 15 hours ago · The UK retail and hospitality sector has been one of the most impacted industries throughout the COVID-19 pandemic. The UK Hospitality Quarterly Tracker reported that sales dropped by 64% between April 2020 and March 2021, totalling an estimated £80.8 billion loss in revenue (CGA). TIPS ON MAINTAINING TOP CUSTOMER SERVICE IN A PANDEMIC The COVID pandemic has created a crisis for many businesses. It has forced entire industries to change how they operate overnight and rapidly adapt to the ‘new normal’. Companies have had to adapt their customer service to an increasingly online audience, while overhauling their logistical COVID-19 PRESENTS ONE OF THE GREATEST CHALLENGES IN COVID-19 presents one of the greatest challenges in business – rise to it! CEO of managed property bond portfolio, HJ Collection, Reece Mennie says businesses should find opportunity in adversity and rise to the challenges presented by coronavirus. WhatsApp, Instagram and Uber all share something incredible in common aside from having IS BEING VAT REGISTERED GOOD OR BAD? THE PROS AND CONS If you own and run a business, registering for VAT should be something that you give some thought to. While it is necessary for certain businesses to register for VAT once they reach a certain turnover threshold, other businesses have the choice of whether they want to register or not.. In this article, we will be exploring whether registering for VAT is a good or bad thing for your business THE RISE OF “HUSTLE” CULTURE Even before the outbreak of COVID-19 in late 2019, social media sites had been gripped by the rise of “hustle” culture. Motivational videos, public speakers, influencers, and even celebrities had all perpetuated the idea that to achieve your goals, you had to work incredibly hard, dedicating BUSINESS VS JOB- WHICH IS BETTER, WHAT’S THE DIFFERENCE? 1 day ago · Starting up your business part-time while still maintaining a full-time or part-time job is a great way to get a feeling for entrepreneurship while still getting a THE FUTURE IS FLEX: THE OFFICE SPACE POST-COVID Flex can also allow businesses to reduce the risk in their real estate portfolios. For many businesses, real estate is the second highest cost after staff, due in part to lengthy contracts that may last five, ten or even 20 years. A 12-month licence in a flexible office greatly reduces the risk, and the cost of flex can sit on a profit and loss SOLE TRADER & UNLIMITED LIABILITY Liability refers to the amount that a business owes at any one time. This responsibility for these debts can fall on either the company itself or its business owners, depending on the structure of the business and where liability lies in that business structure. Read on to learn everything you need HOW TO BE AN ALLY FOR LGBTQ+ STAFF IN THE WORKPLACE It is understandable to feel overwhelmed by information in the eternally evolving world we live in. But, by educating yourself and listening to people’s experiences and feelings, you can always become a better ally to the LGBTQ+ community in the workplace. Why is it important to be an allyREAL BUSINESS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
HOW TO GIVE EMPLOYEE FEEDBACK CALMLY AND EFFECTIVELYAUTHOR: DIANESTROHFUS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
CAN YOU BE EMPLOYED AND SELF EMPLOYED? Charge a price for work done or sell products and services for a profit. Basically, if you are making money by any means other than employment, you are most likely self-employed. And if you are self-employed, regardless of whether you are also employed or not, you will need to register as self-employed with the HMRC. EORI NUMBERS: THE ULTIMATE GUIDE Since the finalisation of Brexit, rules for trade between Great Britain and the European Union have changed. As of 1 January 2021 all businesses based in Great Britain need an EORI number to import and export goods from or to the EU. If your trade business is just starting out, then getting your head around EORI numbers can be tricky. Even if you have been trading for years, the way you do THE FUTURE IS FLEX: THE OFFICE SPACE POST-COVID Flex can also allow businesses to reduce the risk in their real estate portfolios. For many businesses, real estate is the second highest cost after staff, due in part to lengthy contracts that may last five, ten or even 20 years. A 12-month licence in a flexible office greatly reduces the risk, and the cost of flex can sit on a profit and loss TOP TEN OLDEST UK COMPANIES Top ten oldest UK companies. 1. The Shore Porters’ SocietyEstablished in 1498, this Aberdeen co-operative claims to be the oldest established transport contractor in the world. 2. Brooke’s MillFounded as a wool cloth mill in 1541 by the Brooke family, John Brooke and Sons Ltd is believed to be the oldest surviving family business in the UK. THE BEST SMALL COMPANIES WITH A TURNOVER OF UP TO ?10M IN LinkedIn. Copy Link. On 28 November, the Amazon Growing Business Awards will be held for the 20 th time, and among the accolades up for grabs is Small Company of the Year (Turnover up to ?10m). Below, explaining in 100 words why they are deserving of the Small Company of the Year (Turnover up to ?10m) title, are the eight contenders. SHOULD YOU SET UP A SEPARATE LIMITED COMPANY FOR YOUR NEW The main advantages of using separate companies are based on commercial factors. For example: Separate companies can ring-fence potential risks or liabilities from existing business, in case it does not work out as you had hoped. This means that any problems in the new business should not damage or affect your existing business. WHY ARE SOME EMPLOYERS NOT PAYING THEIR STAFF ENOUGH? Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
12 FICTIONAL LEADERS THAT MAY INSPIRE YOU Movies, TV programs and books have played a part in our lives for decades. So, from Darth Vader and Walter White to Iron Man and James T. Kirk, here are 12 fictional leaders that may inspire you.REAL BUSINESS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
HOW TO GIVE EMPLOYEE FEEDBACK CALMLY AND EFFECTIVELYAUTHOR: DIANESTROHFUS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
CAN YOU BE EMPLOYED AND SELF EMPLOYED? Charge a price for work done or sell products and services for a profit. Basically, if you are making money by any means other than employment, you are most likely self-employed. And if you are self-employed, regardless of whether you are also employed or not, you will need to register as self-employed with the HMRC. EORI NUMBERS: THE ULTIMATE GUIDE Since the finalisation of Brexit, rules for trade between Great Britain and the European Union have changed. As of 1 January 2021 all businesses based in Great Britain need an EORI number to import and export goods from or to the EU. If your trade business is just starting out, then getting your head around EORI numbers can be tricky. Even if you have been trading for years, the way you do THE FUTURE IS FLEX: THE OFFICE SPACE POST-COVID Flex can also allow businesses to reduce the risk in their real estate portfolios. For many businesses, real estate is the second highest cost after staff, due in part to lengthy contracts that may last five, ten or even 20 years. A 12-month licence in a flexible office greatly reduces the risk, and the cost of flex can sit on a profit and loss TOP TEN OLDEST UK COMPANIES Top ten oldest UK companies. 1. The Shore Porters’ SocietyEstablished in 1498, this Aberdeen co-operative claims to be the oldest established transport contractor in the world. 2. Brooke’s MillFounded as a wool cloth mill in 1541 by the Brooke family, John Brooke and Sons Ltd is believed to be the oldest surviving family business in the UK. THE BEST SMALL COMPANIES WITH A TURNOVER OF UP TO ?10M IN LinkedIn. Copy Link. On 28 November, the Amazon Growing Business Awards will be held for the 20 th time, and among the accolades up for grabs is Small Company of the Year (Turnover up to ?10m). Below, explaining in 100 words why they are deserving of the Small Company of the Year (Turnover up to ?10m) title, are the eight contenders. SHOULD YOU SET UP A SEPARATE LIMITED COMPANY FOR YOUR NEW The main advantages of using separate companies are based on commercial factors. For example: Separate companies can ring-fence potential risks or liabilities from existing business, in case it does not work out as you had hoped. This means that any problems in the new business should not damage or affect your existing business. WHY ARE SOME EMPLOYERS NOT PAYING THEIR STAFF ENOUGH? Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
12 FICTIONAL LEADERS THAT MAY INSPIRE YOU Movies, TV programs and books have played a part in our lives for decades. So, from Darth Vader and Walter White to Iron Man and James T. Kirk, here are 12 fictional leaders that may inspire you. THE RECOVERY OF THE HOSPITALITY SECTOR 6 hours ago · The UK retail and hospitality sector has been one of the most impacted industries throughout the COVID-19 pandemic. The UK Hospitality Quarterly Tracker reported that sales dropped by 64% between April 2020 and March 2021, totalling an estimated £80.8 billion loss in revenue (CGA). IS BEING VAT REGISTERED GOOD OR BAD? THE PROS AND CONS If you own and run a business, registering for VAT should be something that you give some thought to. While it is necessary for certain businesses to register for VAT once they reach a certain turnover threshold, other businesses have the choice of whether they want to register or not.. In this article, we will be exploring whether registering for VAT is a good or bad thing for your business TIPS ON MAINTAINING TOP CUSTOMER SERVICE IN A PANDEMIC The COVID pandemic has created a crisis for many businesses. It has forced entire industries to change how they operate overnight and rapidly adapt to the ‘new normal’. Companies have had to adapt their customer service to an increasingly online audience, while overhauling their logistical THE RISE OF “HUSTLE” CULTURE Even before the outbreak of COVID-19 in late 2019, social media sites had been gripped by the rise of “hustle” culture. Motivational videos, public speakers, influencers, and even celebrities had all perpetuated the idea that to achieve your goals, you had to work incredibly hard, dedicating BUSINESS VS JOB- WHICH IS BETTER, WHAT’S THE DIFFERENCE? 1 day ago · Starting up your business part-time while still maintaining a full-time or part-time job is a great way to get a feeling for entrepreneurship while still getting a HOW TO START A BUSINESS WITH £1,000 Use What You Have. One of the biggest pieces of advice that we can give you when it comes to starting a business with £1,000 or less is to capitalise on what you already have. Take a good, hard look at what your skills and assets are before deciding what type of business youwant to start.
THE FUTURE OF WORK: IS HYBRID WORKING THE WAY FORWARD? For this reason, many businesses have introduced the idea of hybrid working, which allows employees to work part the week from home to cover individual projects and admin-based work, and the rest of the week in the office to complete team projects and to catch up with colleagues. This concept has been received well as a happy medium by SOLE TRADER & UNLIMITED LIABILITY Liability refers to the amount that a business owes at any one time. This responsibility for these debts can fall on either the company itself or its business owners, depending on the structure of the business and where liability lies in that business structure. Read on to learn everything you need HOW TO BE AN ALLY FOR LGBTQ+ STAFF IN THE WORKPLACE It is understandable to feel overwhelmed by information in the eternally evolving world we live in. But, by educating yourself and listening to people’s experiences and feelings, you can always become a better ally to the LGBTQ+ community in the workplace. Why is it important to be an ally SHOULD YOU SET UP A SEPARATE LIMITED COMPANY FOR YOUR NEW The main advantages of using separate companies are based on commercial factors. For example: Separate companies can ring-fence potential risks or liabilities from existing business, in case it does not work out as you had hoped. This means that any problems in the new business should not damage or affect your existing business. HOW TO GIVE EMPLOYEE FEEDBACK CALMLY AND EFFECTIVELYAUTHOR: DIANESTROHFUS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
COVID-19 PRESENTS ONE OF THE GREATEST CHALLENGES IN COVID-19 presents one of the greatest challenges in business – rise to it! CEO of managed property bond portfolio, HJ Collection, Reece Mennie says businesses should find opportunity in adversity and rise to the challenges presented by coronavirus. WhatsApp, Instagram and Uber all share something incredible in common aside from having CAN YOU BE EMPLOYED AND SELF EMPLOYED? Charge a price for work done or sell products and services for a profit. Basically, if you are making money by any means other than employment, you are most likely self-employed. And if you are self-employed, regardless of whether you are also employed or not, you will need to register as self-employed with the HMRC. WHY TRUE TRUST BETWEEN COMPANIES AND CUSTOMERS IS CRITICAL Developing true trust between companies and consumers is in everyone?s best interests. Customers become more loyal, and businesses can reduce costs while improving revenue. Customers receive more value for their money, with better experiences more tailored to them. However, true trust must first be established – and this is the bridge RAISING CAPITAL IN BUSINESS: ASSESS YOUR OPTIONS When time is a factor, bridging loans can be the fastest option for accessing relatively large amounts of money in a short period of time. Typical bridging loan underwriting processes can be as fast as 3 to 5 working days. Each of these loan types has its own unique characteristics and advantages. For example, a secured loan may attacha lower
TEN COMMON TEAM CHALLENGES AND HOW TO OVERCOME THEM Working in a team often comes with challenges, but how you overcome them is the most important thing. We've highlighted 10 of the most common challenges of teamwork, and what you can do to overcome them. FIVE STRATEGIES FOR ACHIEVING AND SUSTAINING SME GROWTH As such, it is key to be deliberate, figure out the rate-limiting step in your growth, and pour as much fuel on the fire as possible. But for this to be beneficial, you may need to take the following strategies into account. (1) Don?t just charge in ? make careful deliberations James Hind, the founder of carwow, is a great advocate of sharing WHY ARE SOME EMPLOYERS NOT PAYING THEIR STAFF ENOUGH? Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
10 PITFALLS IN STRATEGIC MANAGEMENT The message here is simple: you need to be ruthlessly honest. Otherwise, you may wake up one day and your business is gone. 4. Failure to respond to structural changes in the market. Refusing to acknowledge that structural changes are real can also lead to flawed strategic responses. When something new comes along, the answer isusually to move
TAKING YOUR BUSINESS TO AMERICA, THE PROS AND PITFALLS Taking on America could be the best move your business makes. Building a business in your home market is no easy feat. But it’s nothing compared to trying to make it big in the United States. Business is all about risk and return. However, minimising the downside risk of new ventures, whilst ensuring your company can accrue maximum benefit. HOW TO GIVE EMPLOYEE FEEDBACK CALMLY AND EFFECTIVELYAUTHOR: DIANESTROHFUS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
COVID-19 PRESENTS ONE OF THE GREATEST CHALLENGES IN COVID-19 presents one of the greatest challenges in business – rise to it! CEO of managed property bond portfolio, HJ Collection, Reece Mennie says businesses should find opportunity in adversity and rise to the challenges presented by coronavirus. WhatsApp, Instagram and Uber all share something incredible in common aside from having CAN YOU BE EMPLOYED AND SELF EMPLOYED? Charge a price for work done or sell products and services for a profit. Basically, if you are making money by any means other than employment, you are most likely self-employed. And if you are self-employed, regardless of whether you are also employed or not, you will need to register as self-employed with the HMRC. WHY TRUE TRUST BETWEEN COMPANIES AND CUSTOMERS IS CRITICAL Developing true trust between companies and consumers is in everyone?s best interests. Customers become more loyal, and businesses can reduce costs while improving revenue. Customers receive more value for their money, with better experiences more tailored to them. However, true trust must first be established – and this is the bridge RAISING CAPITAL IN BUSINESS: ASSESS YOUR OPTIONS When time is a factor, bridging loans can be the fastest option for accessing relatively large amounts of money in a short period of time. Typical bridging loan underwriting processes can be as fast as 3 to 5 working days. Each of these loan types has its own unique characteristics and advantages. For example, a secured loan may attacha lower
TEN COMMON TEAM CHALLENGES AND HOW TO OVERCOME THEM Working in a team often comes with challenges, but how you overcome them is the most important thing. We've highlighted 10 of the most common challenges of teamwork, and what you can do to overcome them. FIVE STRATEGIES FOR ACHIEVING AND SUSTAINING SME GROWTH As such, it is key to be deliberate, figure out the rate-limiting step in your growth, and pour as much fuel on the fire as possible. But for this to be beneficial, you may need to take the following strategies into account. (1) Don?t just charge in ? make careful deliberations James Hind, the founder of carwow, is a great advocate of sharing WHY ARE SOME EMPLOYERS NOT PAYING THEIR STAFF ENOUGH? Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
10 PITFALLS IN STRATEGIC MANAGEMENT The message here is simple: you need to be ruthlessly honest. Otherwise, you may wake up one day and your business is gone. 4. Failure to respond to structural changes in the market. Refusing to acknowledge that structural changes are real can also lead to flawed strategic responses. When something new comes along, the answer isusually to move
TAKING YOUR BUSINESS TO AMERICA, THE PROS AND PITFALLS Taking on America could be the best move your business makes. Building a business in your home market is no easy feat. But it’s nothing compared to trying to make it big in the United States. Business is all about risk and return. However, minimising the downside risk of new ventures, whilst ensuring your company can accrue maximum benefit.REAL BUSINESS
Published by . Telling the truth about SME life today Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-marketcompanies.
TIPS ON MAINTAINING TOP CUSTOMER SERVICE IN A PANDEMIC 1 day ago · The COVID pandemic has created a crisis for many businesses. It has forced entire industries to change how they operate overnight and rapidly adapt to the ‘new normal’. Companies have had to adapt their customer service to an increasingly online audience, while overhauling their logistical BUSINESS VS JOB- WHICH IS BETTER, WHAT’S THE DIFFERENCE? 1 day ago · Starting up your business part-time while still maintaining a full-time or part-time job is a great way to get a feeling for entrepreneurship while still getting a THE RISE OF “HUSTLE” CULTURE Even before the outbreak of COVID-19 in late 2019, social media sites had been gripped by the rise of “hustle” culture. Motivational videos, public speakers, influencers, and even celebrities had all perpetuated the idea that to achieve your goals, you had to work incredibly hard, dedicating COVID-19 PRESENTS ONE OF THE GREATEST CHALLENGES IN COVID-19 presents one of the greatest challenges in business – rise to it! CEO of managed property bond portfolio, HJ Collection, Reece Mennie says businesses should find opportunity in adversity and rise to the challenges presented by coronavirus. WhatsApp, Instagram and Uber all share something incredible in common aside from having IS BEING VAT REGISTERED GOOD OR BAD? THE PROS AND CONS If you own and run a business, registering for VAT should be something that you give some thought to. While it is necessary for certain businesses to register for VAT once they reach a certain turnover threshold, other businesses have the choice of whether they want to register or not.. In this article, we will be exploring whether registering for VAT is a good or bad thing for your business THE FUTURE IS FLEX: THE OFFICE SPACE POST-COVID Flex can also allow businesses to reduce the risk in their real estate portfolios. For many businesses, real estate is the second highest cost after staff, due in part to lengthy contracts that may last five, ten or even 20 years. A 12-month licence in a flexible office greatly reduces the risk, and the cost of flex can sit on a profit and loss SOLE TRADER & UNLIMITED LIABILITY Liability refers to the amount that a business owes at any one time. This responsibility for these debts can fall on either the company itself or its business owners, depending on the structure of the business and where liability lies in that business structure. Read on to learn everything you need 10 SIGNS YOU HAVE WHAT IT TAKES TO BUILD A BUSINESS EMPIRE From Walt Disney to Jeff Bezos, from Cath Kidston to Oprah, some people just seem to have what it takes to build a business empire. Have you ever wondered what these people have in common? What is the key to success that they all seem to have? And, most importantly, do you have what it takes to follow in their footsteps and build your own business empire? We have done the HOW TO BE AN ALLY FOR LGBTQ+ STAFF IN THE WORKPLACE It is understandable to feel overwhelmed by information in the eternally evolving world we live in. But, by educating yourself and listening to people’s experiences and feelings, you can always become a better ally to the LGBTQ+ community in the workplace. Why is it important to be an allySkip to content
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TELLING THE TRUTH ABOUT SME LIFE TODAY__
News
FURLOUGH ENVY, ISOLATION AND JOB LOSS FEARS STIGMATISE MENTAL HEALTHAT WORK
Praseeda Nair -
Editorial Director
__November 3, 2020
UK workers less likely to talk to managers about experiencing mental health problems since lockdown, fearing ‘repercussions’ of jobloss.
News
DISCRIMINATION CASES MAY TAKE UP TO 14 MONTHS IN TRIBUNALPraseeda Nair -
Editorial Director
__November 11, 2020
Employment tribunal delays show courts are under massive pressure, leaving claimants stuck waiting until December 2021.News
CHILDCARE NEEDS ON THE RISE FOR 3 IN 4 UK WORKERSPraseeda Nair -
Editorial Director
__November 4, 2020
Employees expect employers to offer childcare support during COVID-19, with hundreds of thousands of children being sent home from school since they re-opened in September.News
FURLOUGH ENVY, ISOLATION AND JOB LOSS FEARS STIGMATISE MENTAL HEALTHAT WORK
Praseeda Nair -
Editorial Director
__November 3, 2020
UK workers less likely to talk to managers about experiencing mental health problems since lockdown, fearing ‘repercussions’ of jobloss.
News
DISCRIMINATION CASES MAY TAKE UP TO 14 MONTHS IN TRIBUNALPraseeda Nair -
Editorial Director
__November 11, 2020
Employment tribunal delays show courts are under massive pressure, leaving claimants stuck waiting until December 2021.__
Opinion
FOOD LABELLING AND BREXIT: IS YOUR FOOD BUSINESS READY FOR THETRANSITION?
Staff writer -
__November 18, 2020
While the Government has extended the deadline past January 2021 in some cases, food producers, manufacturers and retailers need to prepare for new requirements for food labelling coming into force on 1 January 2021, warns legal expert Amy PeaceyOpinion
WHY UK BUSINESSES SHOULD ACT NOW TO MOVE GOODS IN OR OUT OF EUROPEStaff writer -
__November 17, 2020November 17, 2020 If you’re a UK business with goods you need to move in or out of Europe, you should move them NOW, before potential tariffs post 1st January 2021. Tax expert Andrew Oury explains.Opinion
LONDON WILL BOUNCE BACK FROM COVID SETBACKPraseeda Nair -
Editorial Director
__November 17, 2020
Luke Davis, CEO of SME investment house IW Capital, discusses London’s resurgence post-covid, and how it will impactthe nations SMEs.
Opinion
ECONOMIC RECOVERY MAY BE BLEAK IF WORK FROM HOME POLICIES CONTINUECharlie Mullins
- Founder, Pimlico Plumbers__October 12, 2020
Pimlico Plumbers boss Charlie Mullins explains why working from home impacts productivity and our economic recovery. What’s the solution?INTERVIEWS
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CREATIVE NATURE: BRITISH BUSINESS GROWS OUTSIDE THE EU TO AVOIDBREXIT UNCERTAINTY
Staff writer -
__November 18, 2020
BRADFORDS GIFTS: KEEPING THINGS SWEET THROUGH THE BREXIT TRANSITION FENTON: THE INDEPENDENT JEWELLERY COMPANY WHICH PLANNED FOR BREXITFROM THE START
OFF THE GRAIN: HANDCRAFTED FURNITURE MAKER SEES 710% REVENUE INCREASEIN LOCKDOWN
PERSONALISATION IS THE ONLY THING THAT CAN SAVE RETAIL POST COVID, SAYS JEWELLER ROSEANNA CROFT SON’S TRAGIC DEATH LED TO BUSINESS TURNAROUND FOR NORTH WALES CCTVPIONEER
ANNA BARÉZ-BROWN IS IN THE BUSINESS OF MAKING BUSINESSES MORE HUMANNEWS
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DISCRIMINATION CASES MAY TAKE UP TO 14 MONTHS IN TRIBUNALPraseeda Nair -
Editorial Director
__November 11, 2020
CHILDCARE NEEDS ON THE RISE FOR 3 IN 4 UK WORKERS FURLOUGH ENVY, ISOLATION AND JOB LOSS FEARS STIGMATISE MENTAL HEALTHAT WORK
THIRD TIME LUCKY? CHANCELLOR RISHI SUNAK ANNOUNCES OCTOBER’S THIRD ECONOMIC SUPPORT PACKAGE BEYOND RFID: USING QR CODES FOR SUPPLY CHAIN OPTIMISATION ALMOST HALF OF BRITS WOULD RESIGN IF THEIR COMPANY FORCED THEM TO RETURN TO THE OFFICE WILL THE CHANCELLOR’S EXPANSION TO THE JOB SUPPORT SCHEME WORK?ADVICE
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NAVIGATING THE SME HR PANDEMIC MINEFIELDStaff writer -
__November 17, 2020November 17, 2020 HOW TO PLAN YOUR OFFICE CHRISTMAS PARTY IN 2020 HIRING OVERSEAS: A GUIDE FOR SMES PCLOUD: WHY ZERO-KNOWLEDGE CLOUD STORAGE SECURITY MATTERS STOP BLAMING COVID-19 FOR POOR CUSTOMER SERVICE THE PSYCHOLOGY OF LONG-TERM REMOTE WORKING: PRODUCTIVITY VS.INCLUSIVITY
30 ANNOYING BUSINESS JARGON PHRASES AND WHAT THEY REALLY MEANOPINION
Read More
FOOD LABELLING AND BREXIT: IS YOUR FOOD BUSINESS READY FOR THETRANSITION?
Staff writer -
__November 18, 2020
WHY UK BUSINESSES SHOULD ACT NOW TO MOVE GOODS IN OR OUT OF EUROPE LONDON WILL BOUNCE BACK FROM COVID SETBACK ECONOMIC RECOVERY MAY BE BLEAK IF WORK FROM HOME POLICIES CONTINUE THE IMPORTANCE OF UK COPYRIGHT IN THE TRADE NEGOTIATIONS PREPARE FOR THE POST-FURLOUGH BLUES WHY COPYRIGHT LICENSING IS AN IMPORTANT TOOL IN OUR RECOVERY FROMCORONAVIRUS
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TELLING THE TRUTH ABOUT SME LIFE TODAY Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-market companies. Real Business provides readers with high profile interviews, news, insight and industry benchmark reports, as well as a growing stable of events tailored to SME growth. Join our Newsletter Designed by DigitalAssociate
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