If you set up a limited company, you are not legally required to appoint an accountant, although there are multiple benefits of doing so. In this article, we discuss if appointing a limited company accountant to look after your affairs a statutory requirement, or if can you take care of your accounting duties yourself?
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There are several great reasons why every business should strive to operate sustainably. Firstly, it’s mostly a money-saver. Using sustainable resources and processes might take some upfront investment, but it reduces your costs in the long run. Secondly, it’s great for PR. There’s an excellent chance that your target audience will think better of you if you go green.
[continue reading…]If your business isn’t doing everything it can to stay as competitive as possible, someone else will come in to fill the gap. Managing a business is about delegating responsibility, but it’s also about paying attention to the details. And following a few sensible strategies can give your business the edge it needs to minimise the bottom line.
[continue reading…]Cash is not always one of the key strengths of a startup business. Startups key strength is usually the idea, motivation, energy and determination to make it happen. One of the golden rules of a successful business is “increase the cash inflows and decrease the cash outflows”.
[continue reading…]No company wants to have to lay people off, but it is often necessary due to budget issues. Especially during this difficult time, almost every business in the country has been impacted. COVID-19 brought the world to a halt including millions of businesses. Many lost their employees, and some of the biggest names in business had to let go of thousands of staff members.
[continue reading…]Running an eco-friendly business or office reduces the impact on the environment and preserves natural resources. Assess your current printing environment and identify areas you can improve. Are your printers energy efficient? Do they switch to standby mode? Does your business use recycle paper, remanufactured ink cartridges, or low-melt toner? Do you have printing guidelines in place such as printing on both sides of the paper, limiting unnecessary images and adjusting margins?
[continue reading…]There’s no denying that running a restaurant is no small feat. In actuality, it can be a colossal endeavour that, if tackled lightly, won’t yield the desired returns. After all, not only is the industry rife with competition, but it can be more than just a little challenging for a dining establishment to maintain a consistently high level of productivity without spending more than it needs.
For much of history, the concept of a safe workplace was one which was free from physical hazards. While this is still very definitely the case, there is a growing awareness of the need to protect employees’ mental health as much as their physical health.
Nowadays there is absolutely no reason why your business should not be recycling. Many would argue it is even negligent to not have some form of recycling system in place, even if it could be more efficient (the chances are it can.) By not recycling at all, you are likely to be spending more money on waste than you should be and your bin area is likely to have overflowed into a mess at least a couple of times before.
Businesses often think of training as a benefit for the employee – a way to build skills and level up in their career. Sometimes this kind of thinking hinders companies, especially small ones, from offering comprehensive training and implementing training programmes. However, this narrow view only harms businesses, big and small, in the long run.
Cycling to work is on the rise, but many office workers still feel discouraged from the active commute by poor office facilities. A survey by the British Council for Offices found that 40% of office workers would commute by bike if their workspace offered better facilities. Here are a few ways to kick start active commuting.
Generally, after Christmas, consumers cut back on spending meaning businesses do too. With little business activity, the economy becomes sluggish and businesses find it difficult to get things going again.
Printer manufacturers provide us with the opportunity to buy their hardware at ludicrously low prices, but then more than make up for it with the price of consumables. However, with some clever thinking, you can come out on top. Here are some simple ways to reduce your ink or toner consumption.
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A company succeeds or fails on its reputation; a good reputation will bring you more customers, more sales, and ultimately more profits. You will be able to grow and thrive exactly as you want to. A bad reputation will result in fewer sales because fewer people will want to be associated with your company name, brand, products, or services. Although this sounds fairly frightening, it’s not something that you should lose sleep over – as long as you commit to doing the right thing at all times and admit your mistakes (because every business makes them, no matter how established they are, and it’s how you deal with them that counts).
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You might think that your office printer is working well and fulfilling its purpose but it’s likely that you could be getting more value out of it. To make sure you’re getting the most out of your machine Printerland have put together a list of five printing tips and printer tricks that can help to improve its performance.
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Telecom related issues can cost a business time and money, and create stress for anyone in the department that has to operate the telecom software alongside their usual tasks. Although telecom software can be an asset to certain businesses, it’s not always the perfect answer to your Telecom Expense Management (TEM) needs. There are so many components of TEM – from reviewing invoices, dealing with vendors, auditing invoices and negotiating contracts – so why not hire an expert team to do it for you?
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Co-working is becoming more and more popular, with many corporations choosing to do this instead of having a full time, permanent office space. Coworking is about sharing office space with workers from other companies, all doing their own thing in one large, usually open plan, space. It has many benefits, and it looks as though coworking could really become the way of the future. Cornerstone Office Search give us reasons why so many corporations are choosing coworking as their preferred option.
With the average UK start-up spending over £22,000 in its first year, finding ways to reduce costs early on can be the difference between survival and going under. Here are some tips on how you can reduce your start-up costs.
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When running a small business, saving money and cutting costs where you can should always be a priority. By being smart when dealing with taxes it can actually save you a considerable amount of money. If you are effectively dealing with your taxes, it could be the difference between a steady profitable business to one that’s just barely getting by.
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Boosting productivity in the workplace is a major goal for most business owners. Fortunately, there are many handy tools on the market to help you do just that. What’s more, lots of them are free or are available in free versions.
