DO YOU HAVE CONFIRMATION BIAS?

Most business people these days have too much information and not enough time. We don’t have the time to weigh up every facet of every decision. This tends to encourage us to take shortcuts where we can. As such, we often go into a meeting or a negotiation with an idea as to what the[…]

CO-WORKING SPACES – CAN THEY WORK FOR YOU?

Co-working spaces were once the preserve of freelancers and creative types. Now medium to large sized businesses are getting in on the act too.   The modern workplace is evolving. First, we had flexible working. Then we had remote working. Now we are seeing an increased demand for co-working spaces – workspaces which are shared[…]

HOW TO GET CLIENTS TO PAY YOU ON TIME

You’ve done the work. You’ve invoiced the client 60 days ago. You are still waiting to get paid 30 days after payment was due. It’s time to chase for payment.   It’s never easy chasing clients for payment. However, this is business and you are entitled to be paid for the work that you have[…]

BUDGET 2018 – What you need to know.

More money for the NHS and an end to austerity? As previously announced, these were the main themes of the Chancellor Phillip Hammond’s third budget but what we were waiting to hear was where the extra money was going to come from? Had he found a “Magic Money Tree”, or would tax and borrowing have to[…]

BEING BUSY ‘V’ BEING PRODUCTIVE

In today’s hyper-connected business environment, it seems we are all busier than ever. Whether we are responding to emails outside of office hours or taking a call while on the way to a meeting, there is so much going on in our work lives that it’s easy to lose focus on getting the most important[…]

DESIGN THINKING

 When we think of designing something, most of us tend to think of an object or an end result such as a “well designed product”. However, “Design Thinking” can be applied in business too.   Design as a process Designing something tends to require various prototypes to be created and evaluated in order to agree[…]

ADVISORY FUEL RATE FOR COMPANY CARS

There have been changes for the mileage rates of company cars. These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 September 2018. Where there has been a change the previous rate is shown in brackets.   Engine size Petrol  Diesel LPG 1400cc or less 12p (11p) 7p 1600cc[…]

CLASS 2 NICs TO CONTINUE FOR SELF-EMPLOYED

In 2016 the government consulted on a proposed abolition of Class 2 National Insurance contributions (NICs) for the self-employed.   This flat rate contribution, currently £2.95 a week is payable by the self-employed in addition to Class 4 contributions based on the level of profits. The flat rate contributions were due to cease on 5[…]

Make more of social media

Your business can use social media to deliver great customer experiences and develop deeper relationships.   Creating good content and distributing it through social media can be a very effective way to grow your business. That’s why businesses like PWC, Amazon, and McKinsey invest huge amounts of resources into producing great content that people want[…]