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  • 16 things you must do before you start a new business

Do you desperately need to find some more space in the office but can’t afford to move elsewhere right now? Perhaps your office is simply lacking space or maybe you no longer need certain items on a daily basis but need them in the long run and they are just taking up room. If this sounds familiar then you are probably looking into extra storage outside of the office.
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We share the same language, some shared history and a love of many of the same pop culture references, but doing business in the UK and the USA shows how dramatic the contrast truly is. Aside from the UK’s plodding pace and slightly begrudging attitude towards work (versus the USA’s ‘go-getter’ attitude and culture of overtime), ‘doing business’ in the USA is very different to doing business in the UK.
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Setting up the actual framework of your own website can be tough. There are literally thousands of terms to understand for hosting, promoting, structuring and maintaining a site, and that’s before you’ve decided on the exact content.
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The simple and honest answer is – not much! Most companies that go into liquidation are insolvent, apart from those that are placed into Members’ Voluntary Liquidation. It’s probably easiest if we start by looking at the definition of insolvency and then we can look at how this impacts companies with financial difficulties, tells Richard Saville of Corporate Financial Solutions.
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Running a business is certainly no walk in the park, as it’s fair to say you’ve got quite a few things to manage. Management skills alone though aren’t enough to secure success, there are a number of essential attributes needed to run a business and put it on the right path.
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Forward-thinking companies are fast replacing traditional performance management methods with agile performance management, resulting in greater efficiency, happier staff and higher quality. But what is agile performance management, and why should businesses be choosing it?
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Owning a business is tough. It can be difficult waiting for receipts to clear. You may find you’re spending all your time trying to chase profit and leads, and neglecting your cash flow.
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Many people dream of starting their own business and when you consider the freedom it offers – like exploring your passion and setting your working hours – it’s easy to see why. In fact, 2016 was a record year for business startups, with 80 new ventures created per hour in the UK. With that in mind, if you own a small business or are thinking of taking the first step into entrepreneurship, here are 5 things every successful business needs.
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Throughout 2016 we’ve seen a shift in media attention towards cyber security. Data breaches and hacking are now headline news. This year has seen accusations of hacking in the US election, Yahoo admitting to two colossal data breaches with lost user records numbering in the billions, and hacks on small businesses rising dramatically, with SMEs increasingly targeted by ransomware attacks.
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Will there be a mass migration of foreign talent or will such employees still be able to feather their nests in the UK? The plight of foreign workers and whether they will be in a position to remain in the UK post Brexit, or whether they will be forced to leave, is amongst the most topical discussions concerning Brexit.
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SEO and keywords are closely related. The former improves a website’s chances of ranking highly for relevant search terms while the latter are inserted into web coding and content to improve search engine visibility. Shaz Memon of Digimax explains what both SEO and keywords can do for your site once you’ve got a winning combination.
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Branching out into imports and exports can be extremely lucrative. However, it can also present numerous complications. Without adequate planning, research and preparation, you could end up losing money, breaking the law and in turn potentially even lose your business.
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2016 hasn’t been the best year for British business. From the sale of Tata Steel to the closing of BHS and then of course the mounting uncertainty that the Brexit result has provided, there has been very little good news for those working in a lot of British industries.
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The growth of social media seems unstoppable, and it has become an excellent marketing tool, with a huge number of brands using sites such as Twitter and Facebook to attract and retain customers. But what of LinkedIn?
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Your business budget is something that must be strictly adhered to, and so this means it pays to be frugal to ensure there is no over expenditure as the months go on. In this case, let’s take a look at your business vehicle.
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Good news for small business owners as global research from LinkedIn finds that SMEs are leading the way on keeping their staff happy, with the UK’s small businesses currently enjoy the country’s highest levels of job satisfaction.
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For a standard business, there are often standard expectations and theories on how to be more productive.  The simple formula of producing more work in less time is the most popular way to view productivity, but if you use a virtual office, there are many more ways to improve the productivity of your employees.
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In a poll of more than 500 freelancers and small business owners carried out by accounting software firm FreeAgent, nearly a third of self-employed people say they work more than 48 hours per week on their business, and 6% admit to spending more than 64 hours each week working.
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Directors’ loan accounts can appear to be a complex element of your business at first glance, but the basic concept behind them is straightforward – to provide transparency when moving monies between you, as a director, and the company.
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It has never been a better time to start a business in the UK, although money worries do persist for those going it alone, according to new research by award-winning cloud accounting software provider FreeAgent.
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