Advice, Ideas & Planning – Page 29
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Banks criticised for Coronavirus loan requirements
Image: David Iliff Some banks have come under intense criticism after it was revealed they required business owners to guarantee their emergency Coronavirus loans with personal assets. Although the borrower's main home would not be under risk, they may still be required to guarantee the loans using shares, personal ...
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Managing staff when the clocks go forward
With COVID-19 being the main talking point for everyone right now, it's easy to forget that the clocks will be going forward on Sunday 29th March, at 1 am
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Development Bank of Wales supporting: Nutrivend
Since launch, Nutrivend has gone from Scott working as a one-man band to 20 staff and depots across the UK.
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PeoplePerHour pledges £10m to help freelancers
PeoplePerHour, the UK’s largest freelance marketplace, has pledged £10 million in support for freelancers and self-employed workers affected by the Coronavirus pandemic. With the aim of helping both small businesses and freelancers maintain continuity and prevent loss of earnings worldwide, the money will be used to provide support to small ...
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Eight ways to futureproof your business during a crisis
During troubling and unpredictable times, it’s natural for businesses, no matter what industry or sector, to feel anxious and unsure what the next steps should be.
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The secrets of successful people
Some people dream of being a different person, possessing more things or having a different future – and yet what they aspire to remains an insubstantial dream.
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10 tips for growing a UK business in 2020
Businesses are much easier to start than to grow. In the UK, nine out of ten startups survive the first year in business, but five years on, only four out of ten will still be trading. While starting a business may be easy, the complexities of scale are real and can be hard to overcome.
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Navigating the business of the Coronavirus #7
By Jimmy McLoughlin, former business adviser to the Prime Minister This content is taken from Jimmy’s newsletter, ‘Coronavirus & Government Updates’. Subscribe here . This email is for UK entrepreneurs and small businesses trying to navigate support that the government and other agencies are offering. I used to advise the ...
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How to prevent burnout in the home working environment
In order to equip staff to deal with workplace stress, high anxiety and overwhelm, it is crucial they are aware of how burnout can happen and the signs to look out for.
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Securing the workforce when ‘business as usual’ has fundamentally changed
Businesses must secure their corporate data as it moves beyond the confines of the office walls. This has to be done quickly.
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How small businesses can increase employee engagement
By Emma Gaywood, principal HR assistant at VHR Global Technical Recruitment With the cost of recruiting one employee costing business owners an average of £30,000, retention is crucial for small businesses to grow and succeed. Here are four ways business leaders can increase employee engagement at a low cost to ...
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Tackling isolation when your business is socially distancing
Social distancing doesn’t mean that managers, business owners and entrepreneurs cannot or should not stay connected.
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Gearing up a customer-facing workforce for remote working
By Neil Hammerton, CEO and co-founder of Natterbox The “work from anywhere” concept was set to become a reality for many organisations over the next decade, but due to the current global health crisis, the speed in which businesses roll out virtual offices has had to increase significantly. Advancements in ...
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Coronavirus: Economy shrinking faster than in 2008
The UK economy is contracting at a faster rate than during the 2008 financial crisis, according to a closely watched survey. The Markit/IHS Purchasing Managers' Index for the services industry registered a score of 37.1 for March, the lowest figure since the survey began in 1998 and compares with a ...
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Calls for government to stop construction work
There is growing pressure on the government to stop essential construction work to help stop the spread of Coronavirus. There was initially confusion about the sector following the Prime Minister's announcement of tougher restrictions on Monday but Health Secretary Matt Hancock said yesterday (Tuesday) that those who cannot do ...
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No bailout for airlines, Chancellor says
The Chancellor Rishi Sunak has told airlines that they will only receive a bailout as "a last resort". In a letter to the airlines on Tuesday, Mr Sunak urged troubled airlines to seek extra funding from existing shareholders. Several airline bosses have warned that they may collapse without government support ...
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10 ways SMEs can weather the Coronavirus storm
A downturn or significant global event such as the Coronavirus may represent a seismic shift that requires careful management in order to manage through the uncertainty and even to survive.
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Navigating the business of Coronavirus #6
I used to advise the Prime Minister on business, so I know how hard it can be for government to reach out and how tough business can find it to navigate the labyrinth that is gov.uk.
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Attracting high-ticket leads
Making good money in business is all about making sales. But while this may sound self-evident, it’s not always necessarily that simple.
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Waterstone's boss hits back at 'endangered staff' claims
Allegations that Waterstone's endangered its staff's lives by forcing them to work over the weekend have been dismissed as "utter sh*t" by its CEO James Daunt. The book retailer announced it would close all stores by the end of trading on Monday, but its online store would remain open. It ...