Business
Dealing With Higher Inflation: Strategies to Thrive Amidst Rising Costs
May 31, 2023
The cost of living continues to rise, and many are feeling the pinch. However, there are ways to navigate and adapt to this challenging financial landscape. If youāre looking for practical solutions and workarounds to help you tackle higher...[Read More]
Determining the Right Business Structure (from day one)
May 17, 2023
All successful businesses depend on a solid and dependable structure. While you can always work it out as you go, improvisation in the business world is inefficient, highly risky, and likely to lead to failure. Getting the right systems in place...[Read More]
Quality Trumps Cost Every Time
May 10, 2023
Like other well-known fashion houses that have stood the test of time, Gucci is an iconic brand that has always been focused on quality. From the leather bags they made for saddles in the 1920s to the clothes and accessories the brand is known for...[Read More]
Do You Own a Business or Does Your Business Own You?
April 26, 2023
Given a chance, most people would love to own a business and be their own boss. If you have a great product or service concept, the thought of building your own company from scratch can be very attractive. After all, who doesnāt want to be the...[Read More]
Financial resolutions to make this New Year
January 26, 2023
The new year is a perfect time to reflect on your achievements from the ending year and to plan for the new year. While you can also make resolutions for other aspects of life, financial success should be at the top of your list. Check if you...[Read More]
Time management: The meaning, importance and benefits
January 18, 2023
It is often said that āTime and tide wait for no one.ā Therefore, to achieve success in life, one needs to develop a deep appreciation for time. Anyone can benefit from time management ā whether in school, in the office or with life in...[Read More]
Work-from-home opportunities are for everyone
December 7, 2022
One of the few important things the pandemic has taught everyone is that itās possible to be productive and earn a living from home. In fact, some companies have seen the benefits of remote working options and continue to offer them as part of...[Read More]
Understanding your pay
November 30, 2022
Overview When you start work, your employer should tell you how much youāll be paid and how often. They should also tell you: the day or date youāll be paid, for example each Friday or the last day of the month how youāll be paid, for...[Read More]
Biden says Sunak as UK PM is a milestone
October 26, 2022
It is a “groundbreaking milestone” that Rishi Sunak will become the UK’s next prime minister, US President Joe Biden has said as he marked Diwali. Mr Biden said at an event in Washington on Monday evening “it matters”...[Read More]
Charging, reclaiming and recording VAT
October 19, 2022
As a VAT-registered business, you must chargeĀ VATĀ on the goods and services you sell. You must beĀ registered forĀ VATĀ to start chargingĀ VATĀ on your invoices. This guide is also availableĀ in Welsh (Cymraeg). How to chargeĀ VAT When you sell...[Read More]
The economy is a system for distributing limited resources. Confused? Keep reading
September 8, 2022
Economists say economics is the study of scarcity. Thatās because resources, such as workers, land and raw materials, are limited – while the demand for them is infinite. Basically, we always want more. So the textbook answer is an economy...[Read More]
Truss appointed as UKās PM: Inflation hits double digits, the cost of energy soars
September 8, 2022
The Queen has appointed Liz Truss as British prime minister, tasked with steering the country through a looming recession and energy crisis that threatens the futures of millions of households and businesses. Truss, the fourth Conservative prime...[Read More]
Insurance for professional services ā key considerations
August 25, 2022
Your job as a professional requires you to apply your expertise to satisfy the requirements of your clientele/patients. Your customers count on you to provide high-quality services and expert guidance. However, despite your best efforts, thereās...[Read More]
What to think about before setting up a board of directors
September 1, 2022
There are a couple of reasons youād find it necessary to set up a board of directors. If yours is a publicly held company, regulators would require you to have a board of directors. Also, if youāre seeking funding from a venture capitalist or...[Read More]
Negative cash flow and how to manage it
August 11, 2022
Company owners usually struggle with the need to strike a balance between their income and costs, particularly in the early stages of their business. In fact, even the most profitable companies experience concerns over cash flow at the start. You...[Read More]