Starting a business and growing a business are two different things. While you may feel adulation at getting your startup off the ground, and even if you have steered your fledgling company towards regular and predictable profits, you may need help. Why? Because businesses that have the potential to grow to new heights need to take those opportunities or fall by the wayside. If you think you are happy with turnover, imagine how happy you will be with triple, quadruple, or ten times your turnover.…
If you’ve had an entrepreneurial brainwave that’s going to change the world in ways that people can’t yet even imagine, you’re probably eager to dive right in and get started with your business start-up. Here are some things to consider first…
Keep an eye on hidden costs
This is something that almost all entrepreneurs can hold their hands up to and say that at some point they have been guilty of. The fact is that businesses have overheads. Little expenditures here and there that grease the machinery of average daily business operations.…
Starting your own company is no easy feat, and you need to get a lot of parts up and running. Something that is absolutely vital is making sure your employees are safe.
Right Equipment
Now, this one is going to be impacted by what line of work you’re in. If you’re setting up an office space, you’ll want to ensure your employees have chairs for back support and the wiring is in good condition for however many computers you need. If it’s a warehouse floor, you’ll need to ensure you have good cobots.…
Recruiting the right talent for your team can be a difficult, frustrating, and time-consuming process. The use of technology makes it easier to reach out to a wider audience or, the use of HR onboarding software help can make it easier for you to attract better candidates and provide a smoother application process.
Understanding your recruitment strategy
A recruitment strategy is a clear plan of action that details the roles you need to recruit for, alongside timelines and strategies of how to do so.…
If you’re looking for Coronavirus business support, you’re not alone – and Hudson Weir Insolvency Practitioners are here to help.
The novel COVID-19 coronavirus and resulting lockdowns have impacted heavily on the health and day-to-day life of individuals and families across the globe.
Concerningly, the situation is also affecting the health of companies. Almost overnight, companies of all sizes and in all sectors have run into severe difficulties.
Here to help you through
From the start of the outbreak, the team at Hudson Weir has been inundated with queries from companies that had been profitable and growing – until the coronavirus pandemic.…
Difficult clients are a part of the challenges you have to deal with in business. Often, they become difficult because they’re discontent with the service you’ve given. Once in a while, it could simply be because they have a character that conflicts with your organisation’s values, or they have expectations that are out of touch with the real world.
When you’re confronted with a difficult customer in your small business, it can be hard to know what to do. Despite the fact that you may feel like kicking them to the curb on some days, it’s important that you try to try to stay calm and deal with the situation smartly.…
If companies want to be future-forward, they need to accept that many of their work roles can be filled in by employees working remotely. Remote work was already gaining ground among companies and employees before the COVID-19 pandemic hit. It offered employees with a way to set right their work-life balance, and companies with a means of earning greater employee satisfaction.
The Novel Coronavirus lockdowns enforced across the world shut down offices and workplaces. Industries which had the infrastructure for allowing remote work asked employees to telecommute to work now.…
Sometimes you can see certain things coming before they happen. If it starts looking like your job might be in jeopardy there are some proactive things you can do to make the transition period shorter, less painful financially and more productive overall.
Here’s what to do when you’re about to be laid off.
Reassess Your Budget
Hopefully, you’ve taken the advice of every financial expert out there who recommends setting aside an emergency fund of three to six months of your monthly expenses.…
When it comes to selecting a suitable candidate to work for the organisation, dulging a little deeper than purely the face value should be a commonplace process.
So why is a background check needed?
Criminal record checks or a national police certificate are available to most recruiters and HR workers. Employers in the modern era have the right to learn more about the new prospective hire that they are about to commit into a legal relationship with by way of a formal job contract.…
Small business owners face a lot of challenges, but not having enough space shouldn’t be one of them. Whether the business is a start-up run out of a home garage or a local retail business operating a brick-and-mortar store, self-storage makes it easier to declutter the office, keep track of inventory, and stay organized. Read on to find out how.
1. Reduce Clutter
Items like excess stock, old equipment, and documents that must be kept for records but don’t need to be accessed frequently can all leave offices and small commercial spaces feeling cluttered and cramped.…
