If you would also like to go for it and launch a startup yourself, you’ll need good ideas and a ton of organisation. We’ve got some inspiration for both! How do you systematically approach the search for the next ‘big thing’? How have others written their success stories? And...
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...
Have you heard of SMART goals, but you’ve never used an organised and effective method for setting objectives? We’ll explain the advantages of SMART goals, how to use the technique for your personal and business goals and what to watch out for with this method. Because, like all...
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...
Are you planning on setting up a side business and want to know how to go about it? Starting your own side business while working full time is a great way to minimise your financial risk. Test the waters, but first make sure you are legally registered and that you are even...
Before a business idea can be implemented, it is necessary to create a business plan. This serves as the founder’s roadmap, and summarises all necessary information about planning and finances. However, the business plan is also highly relevant for investors as well as potential...
How can I save on tax? This is an eternal question for the self-employed. In order to be well-versed in questions of tax, and improve your own financial situation, you need the necessary information: What taxes have you incurred? And what can be deducted from them?
Employees receive remuneration for their work, usually at the end of the month. It is up to the payroll accounting department to make sure that each employee gets their earned wages. However, calculating salaries is only one section in payroll accounting, which also covers other aspects like registering employees with the HMRC for income tax and National Insurance contributions.
The laws governing employee time tracking are set out under the UK Working Time Regulations. But things like overtime and meal breaks are managed differently from company to company. However, every employer in the UK is obliged to keep records for their employees, including the hours worked each day and the total hours worked per week. What kind of data must be collected and what role does data...
The work breakdown structure is one of project management’s most important planning tools. Beginners in the field shy away early from creating it – at the same time, with the right approach, it is easier than people think. We’ll introduce various methods for creating a work breakdown structure, and give tips on content structure along with an example that you can use as a template.
Do you want to put a business idea into practice and set up a limited company? You may already have basic knowledge of Ltds, but do you know the process of starting one, how much it costs, and how long it will take? We list the steps to take and provide a checklist so you can keep on track.
How frustrating! You’ve come across a promising contact, you write to them... and receive no feedback. But that’s not a reason to give up: Send regular sales follow-up e-mails to increase the likelihood of receiving a response. Writing messages such as these involves a lot of work. As a result, we’ve built various sales follow-up e-mail templates for you.
Hidden reserves can occur within a company through many ways: Some arise more or less of their own accord, others are created either intentionally or unintentionally. Usually these are completely legal or even required by law. On the other hand, however, these hidden assets can be used for activities of questionable legality. Here, we explain what hidden reserves are, how they are created and what...
Those who apply to register a patent protect their intellectual property against third parties using the same idea. But a patent application requires good preparation and a lot of effort. Before national or even international protection of your idea is guaranteed, there is often a long way to go through various authorities. We explain how to successfully apply for a patent and how to save time and...
Many companies are looking for an alternative to Microsoft 365. It is not always an easy decision to make as there are now numerous free and paid options on the market. Not every option will be right for every company and their requirements. Here we will present a variety of alternatives to Microsoft 365 and discuss their respective advantages and disadvantages.
It is important for companies to have an objective picture of their current market position when making strategic decisions. Analysing your own business activities in comparison with the competition involves comparing your internal strengths and weaknesses with the opportunities and risks posed by micro- and macroeconomic environmental influences. These factors can be determined using PESTEL...
Entrepreneurs face problems on a regular basis. However, in order not to postpone but instead to solve these problems, it is important to look not only at their effects but also at their causes. The fishbone diagram is a tool that helps to identify causes of a problem in a structured way. We explain the principle of this cause-effect diagram.
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