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When you are starting out as an entrepreneur, your dream is to grow your business into something much bigger. But once you turn this dream into reality, you should now plan on bringing new talents on board to ease pressure on your current workforce. This requires detailed planning and thorough vetting to ensure you add the right people to your time.

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The last few months have been, shall we say, ‘challenging’ for many business owners and when you’re faced with constant stress and uncertainty it can be easy to lose the passion you once felt for your business. The good news is; you can reconnect with that passion, and use the opportunity to create a new balance in your life.

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Today, more and more businesses are making the commitment to sustainable and eco-friendly business practices, not just to appeal to discerning customers, but to save money in the long term, too. Big or small, businesses can’t afford to ignore the growing climate crisis and the responsibility to do their part. Fortunately, giving your business a green makeover is easier than it sounds, and a little goes a long way.

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A good sign of business growth is the need for more staff. As your business grows, one of the most important roles you will have to fill is an IT/Tech support professional within the business. Majority of the businesses in today’s world will need some sort of IT support for the business and its employees, in order to work efficiently. IT staff can ensure that your other staff are able to effectively work as well as finding new tech to support your business whether this is new software or new equipment.

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There are several signs to suggest that as a nation we’re through the worst of the COVID-19 pandemic. Infection rates have fallen from the highs seen in mid-April, and London – which was one of the worst affected localities – recently saw no new coronavirus cases for a full 24-hour period.

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Many small businesses are being to plan for their reopening, or if they have been maintaining their businesses during Covid-19 perhaps they are preparing for staff to return to their workplace.

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Small business owners will be relieved that lockdown looks set to be easing. However, this isn’t a return to normal. Business needs to think of the changing situation as moving forward into a new normal and continue to deal with the reality of the coronavirus.  Handling this period will take resilience and adaptability from business owners.

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Though many areas are beginning to ease up on their shelter-at-home directives, it’s still going to take weeks if not months for in-person customer interactions to get back to normal. This is why it’s essential for businesses to pivot their communication strategies to focus on maintaining and forging virtual connections.

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As communities begin to reopen during the COVID-19 pandemic, businesses are looking to take the right steps in preparing for that reopening. Experts are discussing the importance of careful planning during this stage of the pandemic. Business owners will need to be informed about how to properly reopen.

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April is the time when many businesses will take stock of the year just gone, whilst planning for the quarters ahead, however, the impact caused by the coronavirus (COVID-19) pandemic may loom heavily over these plans.  Many businesses are attempting to balance outgoings and ensure cashflow remains intact for the next few months, which, for many, could bring a downturn in income.  To mitigate the deepening economic and social impact, the UK Government has introduced a package of support to help both employers and employees through the crisis.

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Many of us have been compelled to change the way we work and move our meetings, presentations, sales pitches etc. to an online setting. This takes some getting used to as I have found.  In the process of moving online, I have learned some valuable lessons as I have conducted meetings and coaching online. Here, Simon Day from Toastmaster International will share how small businesses can communicate with impact online.

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Due to these circumstances our planet has found itself in, a lot of changes are being made in all spheres of life. Many countries are currently on lockdown in order to flatten the curve and stop COVID-19 from spreading. The measures that are being taken are various and each government is dealing with it in its own way.

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The coronavirus has started to take its toll on the UK economy, the general public and small businesses. There is a lot of panic and anxiety with constant news of new cases and deaths due to the virus. This is an especially difficult time for small businesses, who will struggle to keep afloat with the lack of consumer demand. Whether you run a restaurant or a clothing shop on the high street, the effects of this pandemic are being felt.

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According to the Office for National Statistics, a “high street” is “a cluster of 15 or more retail addresses within 150 metres”. In other words, the presence of retail outlets is literally what makes a high street and the media often uses the phrase “high street” as a synonym for the retail sector.

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Your business needs happy, healthy employees who enjoy their work.  They are your greatest business asset while for the individual their greatest asset is their health and mental wellbeing. A person who feels appreciated will ALWAYS do more than expected.

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The majority of schools will close on 20th December so from that Friday the pressure is on! With Christmas Day and New Year’s Day both being on a Wednesday, this holiday season may be proving a bit more complicated to plan than usual.  What time off will you be giving your employees?

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Showing your employees how much they mean to the company should not be expressed only through promotions and paychecks. To help them understand that they are a vital part of your business and that you plan on working with them in the long run, you should implement some work culture strategies that will illustrate how much you care about their wellbeing as well.

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In the business world today, the competition is becoming more serious. This is why it is crucial for business owners to pay attention to the latest trends to get ahead, especially for small businesses. Getting ahead means accessing new knowledge, skills, resources, and tools. And you can only learn these things when you break away from your comfort zone.

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SMEs generally need the capability to juggle many different tasks at any given moment. If you’re a new SME business your focus might be on finding suitable premises, financing your operation, strengthening your team or simply staying afloat. With a plethora of moving parts to consider, digital risk management can get left by the wayside. The risks, however, can be severe and are more prevalent in smaller businesses than they are in larger ones.

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Sophie Hainsworth, Co-founder of LoyalFree, features in our latest success story to discuss everything from the inspiration for their app business to the process of developing it.

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