Business

Getting in control of your inventory – to unlock efficiency and cashflow

Modern inventory management tools help put you in complete control of your stock. Find out how the latest cloud software helps you become more efficient, cost-effective and profitable. #businessadvice #SmallBusiness #inventory #stock #businesssoftware As a manufacturing or product-based business, efficient stock management is a big part of running a smooth operation. But the way we manage stock and...

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5 tips for running good performance reviews

Performance reviews are a valuable tool for tracking people's progress, providing feedback, and aligning individual achievement with company goals. But they have to be done well. Here are some top tips for getting the most out of your performance reviews. When times get tough, it can be easy to let some of your people processes fall away as...

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How running a lean business model improves your cashflow and efficiency

Switching to a lean business model could be the most effective way to grow your manufacturing business. We’ve picked out five ways that lean helps your business meet its goals. #businessadvice #SmallBusiness #leanbusinessmodel #manufacturing Keeping your operational expenses under control, while also remaining efficient and meeting customer demand can be a challenge – one that can catch out...

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Are you pursuing a trade, or following a hobby?

Are you pursuing a hobby, or carrying out a trade? It can be hard to define in some circumstances, so we’ve explained the nine ‘badges of trade’ as used by HMRC. #tax #accounting #hobbies #trade #badgesoftrade Many of us have hobbies that are dear to our heart, whether it’s playing guitar, building a giant model train system or...

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6 secrets to getting prompt payment

Keeping positive cash flow is really important for a small business. Late payments can cause big issues, so stay on top of your invoicing with a proactive strategy. Sometimes it just takes a phone call. #smallbusiness #moneytalk If you’re struggling with late payments, and about half of small businesses are, here are some simple tips to try. Invoice...

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10 steps to Business Continuity Planning

Business continuity is your Plan B for how to set up a means of trading in a crisis. Talk to us about your continuity plan. ‘Business continuity’ is the process of planning out how your company can continue trading – when disaster hits. In essence, it’s your Plan B for how to set up a means of trading,...

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Business tips: Making the most of digital and cloud

Going digital is a no-brainer for any forward-thinking business. We’ve summarised the big advantages of embracing cloud tech and a digital business model. #businessadvice #digitaltransformation Transforming into a digital business sets the best possible infrastructure for your future growth. And, as your business scales, the benefits of going digital will start to become obvious. Running your key business...

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Could outsourcing help you grow your business?

A surge in work is great news for a small business – but it can also be a source of stress. Outsourcing can help you cope with a seasonal or irregular burst of sales, without the commitment of new employees. When you run a small business, the amount of work can ebb and flow. Unexpectedly busy periods can...

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Company year-end preparations: time to get ready

Is your company’s year-end getting close? Talk to us about planning your year-end tasks and delivering a smooth and hassle-free year-end process. #tax #accounting As your company year-end date gets closer, there are a number of administrative and financial tasks to start planning for – so it’s a good idea to get yourself organised and ready. There are...

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