If you are considering opening a branch office for your particular office or firm there are a host of issues which you need to look at. Firstly, you will require extra space for your increased workforce. Currently you choose from a number of different options when it comes to office branches. The best port of call is to go in and set up an appointment to go through all the details. If you want to be fully prepared then check out below some of the best questions to ask.
What makes the difference between success and failure in business? In this extract from ‘The Crowdsourced Guide to Business’, Strategic Marketer, Luthier and Entrepreneur Brock Poling provides his wise words of wisdom for those who are just starting out, or considering starting their own business.
The life expectancy of the average company is becoming shorter by the year. Last year there were a record number of bankruptcies. This rapid changing of the guard is due to the fact that technology is evolving at an ever faster rate. Recent events have made it obvious that past success is no guarantee of future success. I’ve tried to come up with a story to motivate companies to re-invent themselves.
Last year, almost 500,000 new businesses were founded in the UK. More than 15,000 were set up in London’s tech city alone, many of which are building their tech-centric business models around mobile apps, cloud computing, social media and eCommerce. This makes the UK a sweet spot for young technology businesses that want to market to early adopters and grow internationally.
The skills shortage in the UK is a growing concern, with it now accounting for more than one in five of all vacancies (22%), up from one in six (16%) in 2009. It is also a pressing issue in the technology sector where specialists have been in short supply. A survey from the Recruitment and Employment Confederation (REC) revealed that IT and computing in 2013 became the most in-demand skill area within the UK, moving up from second place.
Posted on 7th March 2014 in Business Management , Business Support, Business Travel, Finance, Finance Management, Home Business, HR, Office Space & Management, Recruitment, Software , Tech & Innovation.
The best strategy in the world is of little use to anyone if it isn’t implemented in the right way and by the right people. Developing good strategy involves a lot of hard work, but it’s not where things tend to go wrong. Execution and people are very often where problems begin.
Danny Clenaghan, Managing Director at Argos for Business, part of Home Retail Group, looks at how the definition of a benefit has changed in years gone by.
We live in a time when there has never been more information than there is currently. We are constantly told of the value this information holds and its importance to business success, while industry analyst Gartner talks of us all ‘entering the era of the Digital Industrial Economy’.
A business card is often the first thing, beyond yourself, that people see regarding your business, and therefore can influence the all-important first impression that so often lingers as your relationships build. With that in mind, it’s extremely important to keep your business cards up-to-date and looking great. It might only be a tiny piece of cardboard, but it can say a lot about your business, employees and the overall personality of your brand.
As the corporate risk landscape changes, North American companies need to conduct a risk assessment and implement a top-down culture and compliance program against bribery and corruption. Our first series of CSR Law Bulletins look at the issue from three perspectives (that of the corporate legal counsel, the litigator, and the UK). In the first of the series, we look at the issue from the point of view of a corporate legal counsel, examining proactive steps to foster the development of an ethical business culture within a company.
Posted on 3rd March 2014 in Business Support.
The thought that ‘hey there’s more data than we can process!’ is dressed up as the latest trend with associated technology must-haves. Big data has become one of the most overused corporate buzzwords in 2014. If you’re not dropping it into conversations, pretending you know what it is and tweeting about it you might as well not even bother turning up for school. If you’re not part of the big data movement, forget trying to get into the cool gang.
It is a truth universally acknowledged that all businesses — big and small — want to recruit and retain the best talent. Increasingly, this means hiring people with skills and experience gained outside the UK.