Investment Seeker: The Power Of Money In Business

(Image Source)

It’s no secret that money is one of the key components of running a business. In fact, throughout history, the vast majority of companies which have formed have been for the sole purpose of making it. Of course, though, along with making money, businesses often have to spend it, and this can be the hardest part of all. To help you out with this, this post will be exploring the idea of investment, along with the tools which can be used to keep a business afloat when times are tough.

A business is only ever as big as the amount of products it is able to produce, with loads of people finding new ways to make money from this each day. A lot of businesses in this position will have to work hard to stay afloat, as relying on producing something quickly is usually the result of unfair labor, and it won’t be sustainable. This not only gives you the chance to plan current products, but it also gives you the opportunity to understand what will be coming next for your company. Having more money will make it much easier to up your rate of production.

People will only ever be able to work at their best when they have the right kind of space to do it from. Providing this to your employees is a simple matter of dedication, with loads of companies out there offering to do the office space up for you. A renovation will always cost a small fortune, But, having had an investment, you will be ready to spend this sort of cash, and it will be worth it once a sale or two start to come in. When taking this on, it could be worth doing some research to figure out which design elements make for the best workspaces.

Getting your company’s name into the world of one of the hardest parts of running your own business. Not only will this job take a lot of work, but you will also need to learn how to use some of the platforms you have available if you want to successfully market a business. A large part of this job is handled behind the computer. You won’t need to reach out directly, and the most personal connection you will have will be through social media. Marketing effectively will always take some money. You will need to make physical flyers and leaflets, while also paying to promote your own social posts, but this will all be worth it once you have more customers hitting your store.

Hopefully, this post will inspire you to start looking for ways to fund your business. A lot of companies can benefit from this rot of support, enabling them to grow like never before, while also giving lifelines which the business wouldn’t be possible without. As time goes on, a lot more of your company will be going digital, and it will be a good idea to have someone to deal with all of them when it happens.

Continue Reading

Promotion Perfection: Advertising Your Local Business

We live in a very digital world, as so when it comes to business it’s easy to focus our marketing on online efforts. And while having a good online presence is essential for any company, if you’re a local business who sells products or services in person- it’s important not to overlook other methods too. If for example you’re a cafe, a launderette, a baker or other business that doesn’t sell goods online- it doesn’t make sense to spend a big chunk of your budget on things like Google Adwords, to promote your business across the entire web. You need focused methods that target people in your area who will be the ones using your company. Here are some ideas for advertising your local business.

Flyers, Posters and Billboards

These are considered ‘older’ marketing methods, however for certain businesses they remain some of the most effective. If you’re selling products or services in your local area, it makes sense that you will focus your efforts to being seen by people who live nearby- and flyers, posters and billboards are an effective way to do this. If for example you’re a local cafe or takeaway, how about posting menus through letterboxes of the surrounding streets? If you’re an internet or study cafe for students, how about handing out flyers with your information to university students or posting them through the doors of student accommodation. Billboards in busy areas will be seen by thousands of people a day and could be great exposure for your business. Be sure to show your website link clearly so that people can have a look to get more information if your company has caught their eye.

Events

Hosting an event is a great way to interact directly with potential customers and clients. You could have an open day, hire a bouncy castle for the kids, run giveaways and competitions on the day and even have it catered by a company like abmcatering.co.uk. These are all ways to get people into your store, or all in one place so you can converse face to face. Here you can explain more about your business and give more information and it’s a more personal way to promote your company. If you give away things like pens with your company name on, it reminds people of you whenever they use them and is another way to advertise.

photo source

Social Media

Social media is a fantastic tool for any business. Big or small, local or global- regardless of what you sell and on what scale, you need to be on board with social media. But social media is particularly good for small, local businesses. It’s free, and can really help you get your name out there to the people who are likely to buy from you. Positive interaction from a customer will been seen by their friends, and in turn their friends. Encourage customers to share photos of products they have bought from you, and run sweepstakes and giveaways to get people interacting.

Continue Reading

It’s Time To Start Talking About Money

https://www.pexels.com/photo/silver-and-gold-coins-128867/

There’s a very strange attitude that most of us seem to have in modern society that we are pretty much allergic to discussing the subject of our finances. There’s a feeling that it’s somehow wrong or vulgar to talk about money or that people will judge you because of how much or how little you have. Sure, no one wants to listen to someone else boast about their vast riches, but the problem with that kind of attitude is that it means that many people who are dealing with financial problems end up suffering in silence. With that in mind, here are some things that you can do to finally start talking about money.

Questioning when things are unfair

Here’s a question: do you know how much your co-workers earn? You might think you do. After all, surely they earn the same as you? Well, the fact is that might not be true. In reality, there is often huge disparity between how much different employees make doing the same jobs. Most employees bank on the fact that people won’t want to talk about their income or are scared people will be angry that they make more than them. That way they can keep treating people differently and get away with it. Share what you earn with the people at your work and get them to do the same. Only then can you make sure that you’re all getting fair pay.

Asking for help

Running into financial difficulty can be an incredibly unpleasant thing for anyone to experience. Because of this, they’re often reluctant to talk to anyone about it. However, hiding your head in the sand and keeping your problems to yourself is only ever going to make things worse. Instead, reaching out to friends, family, and even professional organizations like debtconsolidation.loans can be a huge help. That way you’re able to take at least some of the pressure of yourself and finally start dealing with the problem head-on.

Doing what you can

Of course, that’s actually something of a two-way street. A lot of the time people are too afraid to ask for the help they need even if those around them are in a position to help. If you’re one of the people in that position then encouraging your friends and family to be open with whatever financial problems that they’re dealing with can lighten their burden significantly. Of course, you should never put yourself in a vulnerable position, but if you’re capable of helping the people around you, even a little bit, there’s no reason not to talk to each other.

The key is to remember that doing what’s right for yourself and your finances are much more important than worrying about what other people will think of you. Sure, the idea of someone else judging you for how much money you have or don’t have is never fun, but if they’re going to judge, that’s their problem, not yours. The only thing you should be concerned with is that you’re making the best financial decisions that you possibly can.

Continue Reading

3 Tools That Will Take Your Business To The Next Level

When it comes to your business, you’ll always want to make sure that you’re in the best position possible to get ahead. There’s no question there. Because if you want to be able to grow and meet your goals, you really do need to ensure that you’re focused and that you have the tools in place to help you to do it. And here are three different things that could help you to take your business to the next level.

1. Virtual Assistance

First of all, you may benefit from finding online assistance. It’s safe to say that you’re not going to be an expert or skilled at everything – and that’s okay. You can’t be, because you’ll only exhaust yourself trying. However, you will want to make sure that you get everything you need to do done expertly. So hire someone online. Need graphics? Get a designer. Need admin help? Hire an assistant. The internet is a great place to find people for this exact reason.

2. Productivity Apps

From here, you’re then going to want to think about the different apps you need to get the work done that you need to do. These days, there are software programs and plugins that can help you with everything from proofreading to diary management. So you’re going to want to think about bringing in the services to help you get your work done more effectively.

3. Advanced Skills

And finally, you’re also going to want to make sure that you work on your skillset. Keep on training yourself and picking up the best skills for your business, like the below infographic shows. Then, you alone will be able to take things to the next level.


Infographic Design By be an Excel whizz

Continue Reading

Are You the Right Fit for Self-Employment?

How many times have you thought about self-employment? The ability to work on your own terms and be your own boss could be enticing, but there are plenty of reality checks along the way and it’s important that you realize it’s not as simple or straightforward as it sounds. Self-employment comes with plenty of challenges, and we’re going to explain some of the biggest ones to help you prepare for a life of self-employment.

Self-employment is a fantastic choice for those that want to work in the comfort of their own home, but is it really that easy? (Source)

Are you capable of managing your time effectively?

Self-employment is fantastic because it allows you to work at home or at your own pace. However, that doesn’t mean it’s an excuse to work just 2 hours a day and it doesn’t mean you should be working 50-hour work weeks either. As much as you want to be successful, not everyone is cut out for working long. Sure, entrepreneurs like Elon Musk can up to 100 hours per week, but that doesn’t mean it will work for you. Instead of burning yourself out, make sure you set regular working hours much like you would if you worked for an employer. Stick to your times and try to stay away from your computer and your responsibilities outside of office hours unless you absolutely have to take care of something like an emergency. Having a schedule is a great way to keep yourself on-track, but if you can’t stick to it, then it’s pointless to have and you might not be ready for a life of self-employment.

Do you have what it takes to manage your responsibilities?

The last thing you want is for your business to be under a tax investigation because you neglected to record all of your income. As a self-employed individual, you have more responsibilities than the average employee and you need to take this seriously. You need to manage your own accounts and finances (unless you have an advisor or accountant), you need to realize that the livelihood of all of your employees rests within your hands, and you need to remember that your success and growth are in your own hands. If you’re not able to manage these responsibilities, then your business is simply going to fail and you’ll just be wasting your time and effort.

Do you possess the capacity to learn new skills at every possibility?

From learning to protect your business with security software or researching new market trends and how to take advantage of them, you need to be like a sponge that soaks up information at every opportunity. This is because you want to learn as much as possible and apply that knowledge to your business, and this means you need to be constantly reading, constantly listening and constantly learning. Utilize things such as online learning to help you study new subjects and skills without having to attend a college or university, and listen to audiobooks as much as possible. Multitasking is often seen as a waste of time, but if you’re doing something mundane such as running and exercising, you’d be surprised at just how useful it can be to learn new skills through an audiobook.

It’s incredibly easy to get distracted if you work self-employed and it’s the main reason for a lack of productivity and progress. (Source)

Can you take criticism and turn it into something positive?

You’re going to get a lot of criticism as a self-employed individual. Customers will hate you for making small changes that you thought would be beneficial, you’re going to get know-it-all employees that suggest changes about things they know nothing about, and you’re going to be ridiculed on the internet for making poor decisions. It’s crucial that you learn how to minimize the negative effects that come with bad criticism and instead turn it into something positive. Your audience and your employees can be fantastic sources of information, but only if you’re willing to see what they say in a positive and understanding way.

Do you have what it takes to expose yourself and network with the industry?

Entrepreneurs need to be social. They need to attend events for networking purposes and they need to get on social media platforms like Twitter, Facebook and LinkedIn so that they can increase their chances of capitalizing on an opportunity. This means meeting with investors, it means speaking to customers face-to-face at events and it also means making friends with industry figureheads and influencers to help your business grow and expand. Social media is often the most straightforward form of networking, but you should remember that everything you say is on record. Don’t speak out of line, don’t get into arguments, and watch what you say. While it might be tempting to get frustrated and angry at someone who is criticising your business unfairly, you have to be as professional as possible.

Do you have support from friends and family members?

Every entrepreneur needs a source of inspiration. In most cases, this is going to come from friends and family members that support you in your endeavours. It’s incredibly important to have people to speak to when things are going bad, and to also have people that can give you advice. This could be in the form of a business mentor or just a close friend that is also working in the industry or has run a business in the past. Getting the right support is arguably one of the most crucial steps in living a life of self-employment, so don’t neglect it!

Self-employment isn’t for everyone, but almost anyone can fit the mold of a successful entrepreneur if they’re willing to learn, if they know how to communicate effectively and if they have the right motivation to keep them going. It’s a tough life full of responsibilities, but it can be the best choice you’ve made in your life if you’re willing to put in the time and effort.

Continue Reading

Why Move When You Can Expand?

Over time, your home can begin to feel small, especially if you keep bringing more stuff into it. While your instinct might be telling you to move to a bigger place, why not give some thought to expanding instead? Your home has a lot of potential for growth, which will add value to your home and give you extra space.

Image: Pxhere

Major home renovations, like extensions and loft conversions, are not to be taken lightly. There are some things you should consider before you commit to this significant cost and time commitment and only proceed if you’re truly ready to take the plunge.

Here are some things you think about when it comes to expanding your home.

Work out the costs

Cost can be the biggest factor in deciding whether or not you should move house, or expand. In some areas, particularly big cities, the difference between 1/2 bedrooms or 3/4 can be quite significant. Meanwhile, a loft conversion or extension could be much more affordable while also raising the value of your home. Do a thorough comparison of moving versus expanding to help make sure that you’ve considered all of the options.

Consider the logistics

Make no mistake, a home expansion project isn’t a small job. It could disrupt your home for quite some time before the work is complete. You might be faced with some restrictions as to what you can achieve with your home conversion, and with a loft conversion, in particular, you might face height restrictions, problems with your neighbours (if you share walls) as well as structural issues. Keep your aspirations realistic, and if a loft conversion isn’t right for you, you could always consider adding an extension or expanding your kitchen instead.

Call in the professionals

A large-scale home renovation isn’t an easy job any means, so it’s important that you get professional help and advice to make sure the job is done properly. There are planning permissions to secure and surveys to carry out, and you’ll need to hire architects and builders to get everything done. You can speak to friends and family to get recommendations, as well as to give you a clearer idea of the work involved.

Budget

Once you’ve committed to expanding your home, you’re going to need to start budgeting to make it happen. Having a good savings pot behind you is a good place to start, but home extensions can soon start to cost more money than you initially accounted for. Creating a budget for your home improvement work is important, and you should aim to cut costs along the way. Keep an eye out for bargains on decor items you can get in a hurry like loft hatch next day delivery services to help you save money on those essentials. Budgeting isn’t always straightforward, but if you keep your eye on the prize, it’ll make it all worth it in the end.

While there are many things to consider when planning your home expansion, the benefits are worth it to give you the home of your dreams. If you’ve been thinking about moving to a bigger place, why not take a look at your existing home first and see if transforming it could be the better option for you.

Continue Reading

Are There Too Many Distractions In Your Workplace?

Image Source

Are you having trouble concentrating in your workplace due to distractions? Few jobs offer the freedom to focus on one task at a time, however there could well be unnecessary distractions that are making work harder for you and your employees. Here are just a few ways that you can tackle distractions in the workplace and improve workflow and productivity.

Take steps to reduce noise

Some work environments are naturally noisy such as kitchens and construction sites and nightclubs. Offices have no reason to be loud, but some can be due to the whir of machinery and the buzz of people talking to one another. Open-plan offices have become popular as a way of encouraging team communication and cutting costs, but these environments are often very distracting. Introducing a quiet zone to help people concentrate could be worthwhile. As for loud machinery, it could be worth buying machines with a Quiet Mark rating. Sites like Handy Dryers have quiet dryers for bathrooms, whilst you can often get quiet PCs and printers nowadays. You could even introduce headsets for each PC, which can be used for making phonecalls and listening to music quieter.

Contain clutter

Too much clutter has also been proven to be distracting. If your workplace is a mess of files and machinery, it could be worth taking the time to declutter. Start with the stock cupboard and then tackle areas. You might be able to cut down on clutter by going paperless and making all your records digital. This might also allow you to get rid of printer and filing cabinets that are taking up space.

Reduce interruptions from clients

Being interrupted by phonecalls and impromptu meetings can be incredibly frustrating. It’s best to get into a habit of scheduling these events in where possible. Get new customers to communicate by email first and then schedule in phonecalls at non-busy times. You could even outsource a phone answering service such as Moneypenny to take care of incoming calls and filter the important ones to you. As for meetings, schedule these in rather than letting clients wonder freely into your office. You could even find a local coffee bar to host these meetings in so that they don’t have to come to the office at all.

Lay down rules on smartphone use

Many of us can distracted by our phones, reading personal text and opening social media notifications. Some work environments have put a ban on phones. This may not be possible work has to be done on these phones and could anger employees. A more reasonable rule could be to schedule times when smartphones aren’t allowed to be in use, or tell people to mute notifications.

Let employees work from home

Many of us think of home as an incredibly distracting environment, but studies have actually found that people work more productively from home than they do in the office. This could be because there isn’t the distraction of colleagues as well as the pressures of being watched. You can still communicate with employees via instant messaging and video-communication and all files can be shared on the cloud allowing anyone with a password to access them.

Continue Reading

Better Business Starts With Superb Salespeople!

there? Perhaps they give presentations to clients in order to generate leads, or maybe they pitch to customers directly? Either way, if your company uses sales people then there are things you need to do to ensure they can do their job to its best potential. Here’s how you can help them to help you!

credit

A Smart Phone

Sales people are usually out and about, on the road a lot travelling to places to conduct their presentations and meet with clients and customers. So giving them access to a high quality business smartphone is a good move. Of course, most people have their own these days, but having a separate work phone can avoid distractions and also mean you’re able to check how the phone is being used to ensure the role is being done correctly. For example, you could check the bill to make sure clients and customers are actually being called and contacted. There are different phone plans and options for businesses, so this is something you would need to look into to get the best deals.

A Laptop and Software

One of the most important things that your sales people will need is a laptop (or a device like a tablet, depending on the sales pitch and type of work) and good software. You can get all kinds of presentation software. For larger meetings, you can buy projectors that can be hooked up to devices meaning they can share their presentation easily with a bigger audience. Spending a little more on a powerful laptop that will last is a good investment, be sure to factor in maintenance costs too. Thankfully you can find mobile computer repair companies online, these are able to come to you so wherever your salesperson is at the time they could come out and get things working again. The pitch is an extremely important part of a sales rep’s job, so they need a good laptop and software to be able to present this to customers and clients.

A Company Car

A company car is one of the most popular benefits that you can offer to your employees, particularly those that need to be out and about as part of their role. Investing in company cars for your sales reps is advantageous on a number of levels. First, it makes you look more professional- you could have your business information on the side using car magnets and decals. Not only does this make you look more professional but it’s a good way to advertise too. Secondly, it gives your worker access to a reliable vehicle that they might not otherwise have been able to afford themselves. If their personal car is old and unreliable then this can cause a problem with missing appointments and general lateness due to things like breakdowns. Finally, it allows you to employ the best sales people. You don’t have to rule out those with fantastic potential just because they don’t own their own vehicle. As long as they have a license you’re good to go.

When your sales people have good quality equipment, it allows them to do their job well and means more sales and profit for your company. There’s upfront costs to consider, but the service they will be able to provide and the money gained back in sales is well worth it.

Continue Reading

What Is Form SHO1 And When Should You File It?

The SHO1 form is the return of allotment of shares form and this is a document that must be filed with Companies House as part of the process of allotting shares of your company. The director files this form, and it must be done within one month of the shares being allotted. Once the form is filed and accepted by Companies House, the details from the form will be shown on the public register for your company.

The SHO1 form can be filed by the director electronically or send through post. However, you choose to file it, you must include the same information on the form. Many people find that filing the form electronically is the fastest and easiest way to get it to Companies House. Many formation company agents also offer assistance with this filing and can submit it to Companies House for you if you choose.

The SHO1 form became current in 2009 and since this date, details of new shareholders are not required. This information is however, required when your next confirmation statement is submitted or when your next annual return is due. If you have a series of allotments, you can record all of them on just one form. Be certain that the statement of capital reflects your company’s position following your last allotment.

It is worth noting that your SH01 form does not need to be filed for shares that you issue in your company at the time of your incorporation. This information was provided in your IN01 form. The SH01 form is only for new shareholder information.

You must include correct figures, which could mean understanding certain financial terms such as nominal value, unpaid shares and share premium. Remember that if you are notifying Companies House of a new series of allotments on the same form, you will need to file within a month of the earliest of these allotments. You are permitted to file individual SH01 forms as well, and if you do so then you need to try to submit the forms in the order in which your allotments are processed. This helps you to keep the information up to date as it is shown on public record. It may be easier to wait before submitting a new form until the former form is processed.

After you have submitted your SH01 form, you should ensure that you update your register of members. A company formation agent can help you with this if you need assistance. Most will calculate the updated statement of capital for you and configure the nominal value and share premiums for you, as well. If you have trouble with the paperwork, you can opt for this assistance and most companies only charge a nominal fee for doing so. It is a good way however to ensure that these forms are filed properly and on time and that all of the information that is included on them is correct. The form will be populated and then sent to Companies House electronically on your behalf.

Continue Reading

Finding Female Role Models In Everyday Life

(Image Source)

A good role model doesn’t have to be someone with more experience than you. They don’t have to be better at their work, or even have a greater knowledge than those around them. Instead, this sort of title is given to those with the ability to teach through their actions, living each part of their life in a positive way. This is often a very personal thing, with the achievements of the role model reflecting what an individual wants for themselves. Of course, though, finding people like this can be hard, especially when you’re after a specific gender.

Social Media: Despite the recent backlash social media has faced over issues like fake news and other societal scandals, it remains an excellent place to get in touch with people around the world. There are accounts used for motivational speaking, career advice, and pretty much everything in between. This gives you access to a huge array of different voices and opinions, while also helping you to keep your searching simple. Websites like Facebook and Twitter are perfect for this, as they encourage written posts over images or video. Of course, there is a negative side to this sort of website, and you will have to work hard to avoid being sucked into it.

Education/School: Teachers, past students, and even those in your current classes could be a great inspirational resource when you’re studying. Roles models from an area like this are often a great way to set standards for your own work. Establishments like Leicester High School have made names for themselves for being girls-only. This sort of place will surround you with prime candidates for the job of being your role model. Giving you the chance to compare methods, sharing study time with those you look up to on your course can be a great way to boost your education, while also helping you to make friends in the process.

Working: Like during school, a lot of people will often find their role models in the workplace. Whether they have the job you want or a particular knack for what they do, the people you spend your career around will be one of the best places to draw motivation and a drive from. A lot of companies recognise this, and will use techniques which force people to see each others results. Of course, simply following someone’s lead is much more effective, and you can work on this for yourself. It’s becoming a lot easier to progress and get high-level jobs as a modern woman. Not only does this make your path smoother, but it also gives you the chance to encounter girls already in good positions.

With all of this in mind, finding some strong female role models should be an easy task. A lot of people struggle to know where to start with this, and may not find it easy to drive themselves using others as their guide. With the right effort, though, anyone should have a chance to make a difference like this in their own life.

Continue Reading