Business Update – 22 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Raise interest rates even more, policymaker says According to Bank of England policymaker Catherine Mann, the central bank should raise interest rates even more aggressively to shore up the weak pound. China takes advantage of discounts on Russian oil China is now the biggest importer of Russian oil despite…  Read more

5 signs you have cash flow issues

Whether it’s for personal use or for your business, cash flow is important. The movement of money in and out keeps everything running smoothly, and you have to know where you stand. But what if it seems that your cash flow isn’t really, well, flowing? If it seems that you’ve tightened your belt in every area and still coming up short, you might have cash flow issues. Here are some…  Read more

How to choose the best investments for you

The world of investing is daunting for many people. There’s so much to learn and a lot of terminology that isn’t part of the everyday lexicon. Dividends, EPS, historical returns… and what exactly is an NFT? But once you’ve mastered the basics and the language of investing, there’s another question at play: how do you choose the right investments for you? Of course, the goal of investing is to grow…  Read more

Business Update – 15 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Recession fears loom after Wall Street plunge The S&P 500 sunk more than 20% below its record low on Monday, falling firmly into bear market territory. Experts warn a recession is likely on the horizon. Pensions “injustice” leads to years of delay for older women Thousands of women born…  Read more

Business Update – 8 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Four-day work week trial underway Thousands of UK workers from 70 different companies are trialing a 4-day work week starting this week. It’s the biggest pilot scheme in the world to explore changing work patterns, and will last 6 months. Air travel disruptions continue, stranding thousands Budget airlines such…  Read more

7 tips for combatting employee burnout

The working environment of the past 2 years has brought the concept of burnout to the forefront. Unexpected work-from-home situations, juggling the new normal, and mental fatigue have all contributed to the issue. Recognizing employee burnout and having a plan to address it will ensure you retain employees and keep your company healthy. 1. Ensure everyone takes their time off In an attempt to appear as though they can handle…  Read more

How to manage payroll effectively

Payroll is one of those things that starts out simply enough. You start your business, hire a few employees, and things tick along pretty well. It’s straightforward enough to keep everything in line at first, but what happens to most companies is… they grow! This is a great thing, but it also means that payroll becomes more complicated. As such an important aspect of your business, it’s important that payroll…  Read more

Business Update – 1 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Significant increases to budget food items UK shoppers are facing price increases of up to 50% over last year, including budget items such as pasta, rice, and bread. One year later, UK firms still frustrated by Brexit implications British exporters fear that the Northern Ireland protocol will make it…  Read more

How to keep your finances on track

When it comes to your finances, it’s a good idea to check in on your progress periodically, to see if any adjustments to your budget or changes in your habits are necessary. Even if you’ve set your budget for the year, you may learn a new strategy or have a priority come up suddenly that causes you to shift your thinking. Here are ways to take stock of your finances,…  Read more

Business Update – 25 May 2022

UK Weekly Digest – 25 May 2022 Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Some food item costs have risen 20% Many people are experiencing “shelf shock” as grocery prices continue to soar. Cereal, mushrooms, and cheese are among the items that have risen the most. Retail sales are up despite inflation Surprisingly, retail rose by…  Read more

Business Update – 18 May 2022

UK Weekly Digest – 18 May 2022 Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Tory MPs question Bank of England’s independence Bank of England governor Andrew Bailey is set to face a grilling from Conservative MPs on Monday over rising inflation, which is nearing 10%. Household Support Fund fails Britain’s poorest The £500m support scheme, launched…  Read more

5 steps to test your business idea

When you’re in business for long enough, you’ll likely come up with new ideas you want to try. Innovation is important for your company to grow, to diversify its income, and to attract new customers. An important step between having an idea and jumping into it is testing the idea. Here are some important ways to test your idea, so you can launch it with confidence. 1. Talk to people…  Read more

6 Benefits of long-term investing

When it comes to an investment strategy, there are an almost endless number of paths you can take. Depending on your overall priorities, needs, and values you can follow any established formula or set your own path. One path that has numerous benefits is long-term investing. In long-term investing you put your money in an investment with the goal of leaving it there for a long time. You’re not buying…  Read more

How to finance your child’s education

As a parent, you may worry about how to ensure your child can receive a post-secondary education. Costs are constantly rising, and you may face high tuition fees as well as cost of living expenses if your child has to live away from home. Here are some steps you can take to save for your child’s education. Be clear about what you can and cannot afford to pay Being clear…  Read more

4 Steps to Retiring Early

Early retirement may sound like a big dream, but it is achievable if you’re willing to do some planning and stick to your strategy. Here are four steps you can take to put yourself in a position to retire early. 1. Figure out how much money you’ll need after you retire This involves figuring out what age you want to retire at–if you want to retire at 55 you’ll need…  Read more

How to Choose the Right Savings Account for You

Virtually everyone can use a savings account to help build up their wealth, but with so many options available, how do you pick the best savings account for you? The number of options available might make it more difficult to select which savings account to choose, but it also means that with a little bit of knowledge, research and strategy, you can almost certainly find a savings account that fits…  Read more

6 Unconventional Ways to Market Your B2B Company

Sometimes you want to try something new when it comes to networking with other business owners. Here are some unconventional ways for you to grow your network and bring in new leads. 1. Collaborate with others in the industry You know your niche, so you know the questions to ask others when it comes to your industry. Collaborate with people who fit your ideal market. For example, you could create…  Read more

Tips for keeping your business data secure

It’s no secret that data loss can be a costly nightmare for a small business, with recent estimates citing the total cost of data breaches exceeding $2.1 trillion by 2019. Unfortunately, cyber attackers increasingly target small businesses because they are less likely to have security protection in place. Accidental loss or loss due to a natural disaster can be just as harmful to a business, with recovery efforts and delays…  Read more

Top 3 reasons start-ups fail and how to avoid them

The start of a business is an exciting time. You’ve got a great idea for a business and are enthusiastic to get started. It’s important to plan ahead to give your business the best chances for success. Planning ahead means anticipating challenges and developing ways to successfully address them, so they don’t upend your start-up. Here are three reasons why start-ups fail and ways you can avoid them Lack of…  Read more

5 Steps to Setting Up Your Business Processes for Success

When a business first starts out, it’s natural for the owner to be a jack-of-all-trades. You may not have the capital to hire specialists or access to the technology that can help you. As your business grows–or as you look to take a smaller role in your company–you may find the business has become over-reliant on you, which makes it difficult for you to take a step back. Here are…  Read more

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