With the UK economy back at a pre-crisis level, many business are starting to see that little bit of extra money move through their books each month. Of course, just because business is going well for many companies, it doesn’t mean that other companies are struggling to make ends meet in this post-recession climate. Thankfully, most business sit somewhere comfortably in between these two positions, and if you find that you identify with this, pay attention. Although you might be doing okay – financially speaking – financial upset could be just around the corner.…
In many ways, the existing economic climate in the UK is particularly empowering for small or aspiring business owners. Even though the validity of growth in the housing market and construction sector has been questioned by some, most data sets point to genuine growth and long-term promise for businesses nationwide.
Even good news such as this must to be treated with caution, however, as economic growth can never be guaranteed over a prolonged period of time. If you are launching a start-up firm or enjoying your first year of trading, it is therefore crucial that you protect your venture with adequate insurance coverage.…
If your investors recently pulled out, or if your loans simply aren’t enough to cover your start-up costs, it may be time to get creative with your business funding. You may be surprised that there are many types of financing that you can take advantage of especially if you have a great credit history. Other than these, there unique ways for you to get the capital you need for your business.
1. Downgrade Your Lifestyle
You might be surprised at how much money you can raise from selling your home or trading in your vehicle for an older model.…
As financial market traders and investors can testify, there is a common mind-set and philosophy required to access sustainable financial gains. While the way in which it is translated into individual strategies will vary depending on your appetite for risk and the specific market that you choose to operate in, it is underpinned by a number of fundamental values that must be clearly understood. It is therefore crucial that aspiring investors ask themselves some serious questions prior to making a financial commitment, in order to ensure they are equipped to achieve long-term success.…
In 2014, keeping costs low and profits high can often seem at odds with our companies’ need to be green. Despite this unfortunate reality, there are plenty of ways to increase the profitability of your business without causing any damage to the environment. In fact, if you’re smart about it, you can make your office a greener place to by and all the while increase your profits. In other words, although it might not seem like it at first, economic growth of your business and implementation of green ideas go hand in hand.…
If you run a business that is responsible for furnishing care homes then there are things you need to bear in mind when approaching your customers with the right material so they can create an environment that is right for their patients. It is far more complex for your clients than simply browsing through a catalogue or scouring a website for the cheapest and most basic chairs and tables. They will have to take into consideration the needs of their staff and residents at the same time as trying to develop a pleasing aesthetic.…
Commercial electrical power can be lost due to downed lines, malfunctions at a sub-station, inclement weather, planned ‘rolling’ blackouts, or in extreme cases a grid-wide failure so it’s vital to make sure your IT business is protected. Here are some tips to help you know that you’re ready should a power cut affect your business.
Power Protection Equipment
In an IT business, your computing technology will usually be one of your biggest investments and any damage due to a power surge or failure can be detrimental.…
For years and years now we’ve all been told that digitizing both personal and work documents is the way forward. However, having said that, ridding yourself of the paper habit is easier said than done, especially if you’ve been reliant upon it for a number of years now.
Business is a cutthroat world and, as a result, people seem to be wary and cautious of new techniques. This ‘stick to what you know’ philosophy, although useful, has its limitations and can actually hold a business back.…
While reported growth in the UK property market has garnered a significant amount of media interest in recent times, it is important that aspiring real estate investors do not take the plunge too quickly. This is because while the current market may be in a relatively healthy position, it remains vulnerable to sudden change and is generally considered to be one of the most volatile entities in the financial world. It is therefore not for the faint-hearted, so it is important to take a considered approach before making a financial investment.…
It’s easy to be overwhelmed by all the jargon surrounding technology. When you’ve got far more important priorities to consider like launching your business, looking after your stock, covering your liabilities, and ultimately making a profit, it may seem like a waste of your precious time to be analysing the pros and cons of every new piece of kit someone tries to sell you. But by exploring what’s on offer and getting to grips with the technological power available to you, you can potentially use it to make some big gains for your business.…
