Business impact analysis

The business impact analysis

 

A BIA or business impact analysis emphasizes the most important processes of your company that could threaten your normal business operations in case of a deficit or outage. These processes allow you to evaluate the consequences of a crisis more effectively and devise strategies...

 

Working from home tax deductions

How to tax-deduct working from home

 

Whether you’re self-employed or employed – a growing number of professionals are working from home and many even set-up a dedicated space to perform their job duties. To reduce the tax burden, the costs for working from home can be tax-deducted. However, certain conditions need...

 

Creating a web store: the cornerstone of seed money

Seed money for your online shop

 

When planning the finer details of your online shop, rushing through your financial plan can lead to chaos. It’s important to be aware of how much money you need to spend, and only an extensive finance plan can provide the necessary security for the development of your web store....

 

Agile Working

Agile working: mastering the challenges of the digital world

 

“Agile working” is currently one of the biggest trends in the corporate world. It’s seen as the best way to master the challenges of digitalisation. How does the agile approach work? What opportunities and risks does it involve? And what role will this hot topic play in the...

 

Register as a sole trader

How to register as a sole trader

 

It’s easy to become self-employed in the UK. All you need to get started is a business idea and a bit of courage. The one-person business does require registration with the HMRC and there are a few other requirements you will need to fulfil. It’s important to understand the risks...

 

Body language

Body language: The most important form of nonverbal communication

 

Even when we don’t say anything, we communicate: Our body language is more or less consciously sending out signals to those around us. Gestures, expressions, and posture often share more than we’d like, including how we feel in a given situation. If you’re able to understand body...

 

Supply and demand

Supply and demand – how they control the market

 

Supply and demand determine pricing in a free market. Demand has an influence on supply and vice versa. With no demand, any supply is redundant, and with no supply, demand is ineffective. When they are in equilibrium, prices remain stable and goods are affordable. But how exactly...

 

Crisis management: here’s how to manage a crisis

Crises or emergencies can affect any company. However, a well thought-out crisis management plan helps your company get back on track. To safely navigate through tough times, a company needs a competent crisis team which can examine the reasons, make decisions, and coordinate the right steps to take.

Short-time working: the most important facts for employers and employees

When businesses face a shortage of work for their staff, they can cut the hours of staff members, which is referred to as short-time working. As an employee, this means that you would be working fewer hours at a reduced pay. To replace partially lost wages, employers are legally required to pay statutory guarantee pay. Employees can also apply for Universal Credit or jobseeker’s allowance. Here’s...

Furlough and temporary leave: what’s allowed and when

Employees are generally given a certain number of days off which they are free to use as they please. However, sometimes due to workplace emergencies, employers have no choice but to put their employees on temporary leave. Find out what the conditions for furlough are, what it is, and why the term has come into use in the UK.

Setting up a charity: here’s how to start

Finding trustees, legal structure, governing documents: The jargon around starting a charity can sometimes be overwhelming. In this guide, we’ll look at how to set up a charity, and why it could be one of the most rewarding things you could do, but potentially also one of the most time-consuming.

Ergonomic workstation for healthy working

An ergonomic workspace is an important pillar of the healthy work life. But many people are missing the know-how to create a more ergonomic environment. Illness, discomfort, and a lack of motivation can be the consequence. And yet, an ergonomically-designed workstation is easy to put into practice. We’ll show you the top tips for more ergonomic working.

What is a charitable organisation? Definition and types

When starting a business that aims to educate people or help them with religious guidance, the appropriate form for your business may be a charity. Charitable organisations are types of businesses that have a clear aim, and that are funded publicly. This article explains what a charity is and what differentiates it from other types of businesses.

Crisis communication: the right way to deal with critical situations

What is crisis communication? Many companies make the mistake of remaining silent during a crisis. Instead of addressing issues head-on, they are swept under the carpet – creating a perfect breeding ground for rumours that have the potential to damage a company’s reputation further. Businesses that don’t react well and initiate good crisis communication can damage their image long-term.

Start working from home: A successful implementation

Starting a work from home policy can be a real challenge. Business owners and employees must take into account plenty of technical and human details, and implement them appropriately. Choosing the right software and leadership methods can be critical. Here, we will show you what to pay more attention to, and how to ensure your employees stay motivated long-term when they start working remotely.

The best time management techniques, summarised

Does your to-do list keep getting longer? Do you feel like time is constantly slipping away from you? If you want to be more productive and efficient, time management techniques can help. You can employ proven strategies to prioritise, plan, and efficiently execute tasks and achieve goals faster. In this guide, we’ll introduce you to the best time management methods to boost efficiency and get...

Hard skills: definition and list

Practical skills, professional skills, and technical knowledge: All this can be summarised as hard skills. At present, these skills are in demand in the course of digitalisation, and are becoming more and more important. But traditional hard skills are by no means outdated. What exactly are hard skills, which kinds exist, and how do they differ from soft skills?


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