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 […]
Tag Archives: business advice
06
Oct
Oct
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 […]
20
Sep
Sep
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 […]
24
Aug
Aug
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 […]
12
Aug
Aug
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 […]
09
Aug
Aug
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 […]
03
Aug
Aug
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 […]
29
Jul
Jul
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 […]
22
Jul
Jul
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 […]
21
Jul
Jul
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 […]