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...

 

Customer satisfaction

It is not possible to be successful in the long term if you have lots of dissatisfied customers. This is why customer satisfaction plays such an important role. By trying to make your customers as happy as possible, you may let yourself be guided too much by individual statements. Learn how to satisfy customers as a whole and measure customer satisfaction.

E-commerce: the basics

If you’re planning to set up an online store, you have a lot to consider. Amongst other things, your checklist will include applying for a business license, developing a concept, and calculating your finances. But don’t despair! A host of e-commerce programs and optimisation functions are on hand to help you succeed.

Exercise at work can help reduce stress and prevent illness

Sitting for hours on end is not beneficial to mind and body. So, what can you do if you have to work every day as an office worker, where for most of your job you must sit? Exercising at work can help! It is wholly possible to integrate exercise in the office into your routine without interrupting your workflow. Some exercises can also be done at your desk!

How do you pay tax correctly as a freelancer?

Either October or January (depending on whether you submit on paper or online) are usually the deadlines for submitting tax returns on the previous financial year in the UK. This process often leads to questions: How do I determine my earnings? What can be deducted? Which forms need to be filled out? What are the deadlines and extensions? Something that often escapes many freelancers is that...

Entertainment expenses – make the most of the tax incentives

When it comes to entertaining clients and business partners, the UK is not the most tax friendly of locations. However there are still some ways of saving money with your entertainment expenses, and this includes entertaining both clients as well as your own staff. Here you can read all the steps that you need to take to make sure you file your company entertainment expenses correctly, as well as...

Maximum working hours for employees

In the UK, employees shouldn’t work more than 48 hours a week, but you can voluntarily decide to opt out of this and work extra hours. But what exactly counts as working hours? This article explains all about the maximum working hours so make sure you’re not unknowingly doing too many hours.

The four stages of the product life cycle

After introducing a product on the market, many companies tend to wonder how its sales will evolve in the future. Every product goes through the same stages. Once you understand the product life cycle stages, you can better plan your company’s operations. This model affects a wide range of business sectors. Ideally, you should be thinking about the product life cycle for marketing as well.

How to conduct a meeting

Having to conduct a meeting is a challenging, often underestimated task. Many workplace meetings fail because of unprepared participants or showboating colleagues who talk endlessly without getting to the point. But it doesn’t have to be this way, and learning how to conduct a meeting is easier than you might think. With these effective meeting tips, a little preparation, diplomatic moderating...

Starting an association: How to do it

An association is the best way to join forces with like-minded people and pursue a common goal - provided you are not primarily interested in making a financial profit. In order to guarantee that your association functions in the long run, you’ll have to take a lot into account. How do you actually start an association in the UK? And what are the requirements for starting an association?


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