Tag Archives: business advice

Reasons to Spend Money on Training Your People

train people well enough

Why spend time and money training people if they’re just going to leave…. but what if they stay!? “Train people well enough so they can leave, treat them well enough so they don’t want to” – Sir Richard Branson Richard Branson is one of the world’s most influential businessmen & he […]

How to improve an underdeveloped team

underdeveloped team

If you have the responsibility of managing a team then you may be aware of some challenges that are hindering your teams’ performance. Underdeveloped teams need to be addressed promptly before low morale and skills gaps turn into ‘runaway poor performance’, which in its extreme can result in a total […]

Top tips on managing your time effectively

time management

Have you ever come into work on a Monday morning with a long to-do list, or switched your laptop on to tonnes of emails? Ever had that feeling that you don’t have enough hours in the day or feel overwhelmed by your workload?   If the answer is yes, you’re […]

What is the difference between profit and cash?

profit versus cash

When you are running a business it’s easy to confuse cashflow with profit. After all both could be considered to indicate that you’re making money, so what exactly is the difference between the two? Profit Profit looks at the total financial gain (or loss) that a business experiences over a […]

How to truly achieve life balance?

Life Balance

Work – life balance – work to live or live to work? It’s an increasingly hot topic of late as working from home, flexible and agile working becomes more the norm. Many would think this would facilitate a balance; however, some people still find that when they are at home […]

Business Fraud – surely fraud wont happen to my business?

business fraud

There is an increasing amount of damage caused by fraud in the business world. It is easy to perceive this as a risk that just affects larger organisations or that it simply ‘won’t happen to a business’ like ours. These assumptions are dangerous and can post great risk if adequate […]

How do I know how much profit my business is making?

profit in a business

A common issue in business occurs when business owners don’t fully understand how profit their business is generating.   The Importance of understanding profitability: Financing – Understanding business profitability is important as profits influence financing decisions such as obtaining loans from banks. Dividends– Profitability is also important when extracting dividends […]

Time Management – how to remove barriers

Time Management

Time management in running a business can often feel like this: stop, start, stop, start, think, start, stop. You don’t have the time or resources to gain full momentum most of the time and when you do, there’s always something niggling away at you that needs to be sorted. This […]

What should you do if you or your staff are ‘pinged’ by the NHS COVID-19 App?

test and trace App

It is being reported that there are an increasing number of people being ‘pinged’ by the NHS COVID-19 App.  The terminology ‘pinged’ is referring to when a person is sent an alert by the App. The App sends anonymous alerts if the user has been in close contact with another […]

Why do you need an organisational review?

Organisational review

As a business owner do you find you are wearing too many hats? If so you may need to run an organisational review on your business. In order for a business to run effectively and efficiently there needs to be a clear organisation chart, which visually defines departments, functions, roles […]