The end of the year is often a quiet time for non-retail focused companies, as staff and management look forward to Christmas and the New Year and begin to wind down in anticipation. This can mean that big decisions are left for January. By and large this makes sense; there’s little reason to institute changes which won’t really go into full effect until January or beyond.
Paternity leave is a hot topic in HR. This guide will help small business owners determine whether their employees are eligible for paternity leave, the statutory allowance and pay they are entitled to, as well as providing information on shared parental leave, extra pay or time off, and antenatal appointments. [read the full article]
Over the last couple of years Instagram has become huge. Boasting 800 million active monthly users, it is the second most popular social media network, after Facebook. Instagram is already heavily utilised by businesses to attract new customers, clients and building connections, so small businesses definitely need to take note of this and get on Instagram as soon as possible to reap the benefits of their huge user base.
Twitter is one of the biggest social media platforms, competing with the likes of Instagram and Facebook. A presence on Twitter is essential for small businesses to have, and utilise, to extend the reach of their business. Twitter currently has 330 million monthly active users, that’s a huge pool of people to reach and share your business story with. From tweeting about current affairs to creating personalised hashtags, Twitter really does have something great to offer small businesses.
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Besides your usual marketing strategy, have you ever thought about alternative ways to drum up interest in your business? Holding a workshop to teach others your area of expertise could be just what you need to capture a new audience in your field, as well as meeting new people that could soon become colleagues.
Perhaps the greatest challenge facing any young tech company trying to grow its business, is to ensure that the enterprise is operating to the best of its ability – efficient, dynamic and prepared to make the most of market opportunities.
The price of leased lines is dropping – making them more accessible and affordable. A leased line is a permanent network connection between two points; typically the local telephone exchange (also known as the PoP – the Internet Service Providers Point of Presence) and a company’s premises, and they offer an ‘uncontended service’, i.e. the connection is completely dedicated to you.
Facebook is the biggest social media platform that’s in use today, and it’s growing in many ways. With 2 billion monthly active users, the potential reach for your business could be huge. A Facebook page will help you be found, as well as allowing you to connect with your customers and clients. What better way to get started on your social media marketing than joining the biggest social media network?
People can get angry anywhere, whether it’s on the street or at work, anger is a natural emotion. However, it is essential to diffuse anger to avoid any irreparable damage that may occur in the workplace. Anger is a normal reaction, it could be directed towards another employee, or an employee might be angry at themselves. In order to ensure minimum damage, its best to address the anger and use techniques of emotional intelligence to diffuse the anger in the work place.
The idea of starting a business whilst studying may seem incredibly daunting, you may feel like it’s not the right time or that you’re not ready. However, having access to your student resources could be hugely beneficial for starting up your business and to the success of it. So if you have a dream of starting your own business, then why wait around? Get started on building your future today.
The Brits have started adopting American retail/shopping holidays in the recent years, with Black Friday and Cyber Monday being huge hits with the shoppers. Another retail holiday is making its way in the UK, the Small Business Saturday. It has been inspired by the American Small Business Saturday, which takes place traditionally the Saturday after Thanksgiving. However in the UK, Small Business Saturday will be celebrated in the upcoming weekend, on Saturday 2nd of December.
Standing out from the crowd and bringing something new and unique to the market is essential for start-ups. Making something different whether it is a product or the way you deliver a service will help you outshine and stand against your competitors. Small businesses have corporate giants as well as independent small businesses as competitors, therefore they have to work extra hard at being memorable and different. [read the full article]
The coffee shop industry in the UK is expanding, and it is expected to be worth around £15 billion by 2020. This will see the rise of about 10,000 outlets in the upcoming three years. With room for you to thrive, opening a coffee shop now could be ideal for you. Coffee shops are well in demand with sleep deprived Brits inclined to purchase a cup of coffee or two throughout the day. There is, however, stellar competition that coffee shops owners will face from large chains such as Costa and Starbucks as well as the many independent coffee shops who are offering a unique experience to stand out.
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As the festive season gets underway, many businesses will start to enter a few weeks of spending on items and events that were unplanned or not in their initial budgets. It can add a significant dent in your profitability if steps aren’t taken to ensure your company doesn’t let spending get out of control.
Hiring employees to your business is a sign of growth and expansion and something that should be celebrated. However, it can be a daunting process, especially if you don’t have any experience in hiring staff and employees. You must therefore be prepared to ensure that you have made a good decision and hired the right person.
As children, there was always time for naps, cloud-watching, or simply to lie around and just ‘be’. But as business owners it can feel as though there simply isn’t the time to kickback, explore, play, and dare we say, go on an adventure. There is always more work to do on the business!
Suzy Pelta is the latest entrepreneur to feature in one of our success stories. Suzy from SuzyPeltaBakes is a business woman, a recipe book writer and demo chef. After winning Lorraine’s Cake Club, Suzy transformed her life and took advantage of opportunities that came her way. She discusses juggling being a parent and being a business owner as well as the importance of social media.
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As a small business owner you will always be pitching. From pitching to investors to get funding to pitching at networking events to seek out potential partners, pitching will be an essential part of your role as a small business owner. Therefore, you need to take time to learn the art of pitching and how to perfect it. Not being able to communicate your ideas and plans because you haven’t learnt how to deliver a good pitch can be detrimental.
Once again, Contractors sat yesterday with baited breath to see how the secrets of Philip Hammond’s red box would affect them. In his first Budget since the government lost their majority in the general election, it was good to hear the Chancellor affirm his commitment to small businesses, recognising them as the backbone of our economy and praising them for their “vibrancy and resilience”.
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