In an earlier post, we reported that most UK small businesses are no longer seeing the need to name their companies based on their family names. In the survey conducted by British Gas Business , 74 per cent of business owners now prefer more memorable names that are not related to any kind of family ties in forming their business . According to British Gas Business’ c … [Read more...]
Tips on raising credit management awareness
Business solutions experts reveal that over 10,000 businesses fail every year because of late payments. It is for this reason that the Better Payment Practice Group has embarked on a campaign, the goal of which is to advise businesses to be more alert in noticing signs of a credit management policy that’s about to fail so as not to meet failure with the company they have f … [Read more...]
Why incorporate?
You’ve been successfully running a small business for quite some time, and you’re doing it as a sole proprietorship or a partnership. Well, good for you—you’re one of the entrepreneurs who make our economy grow strong (a great majority of economic growth comes from the small and medium business sector). But do give a thought about incorporating. Why incorporate? Well, why not? … [Read more...]
New software helps deal with absenteeism
Based on a survey conducted by the Employment Law Advisory Services (ELAS), about one in four small and medium sized business has had more staff taking sick leaves than it has taken action against. But almost 90 per cent of businesses have revealed that they would actually discipline their workers if they were legally confident in doing so. Armed with this information ELAS … [Read more...]
Business cards subject of new research
According to research done by Prof. Cary Cooper of Lancaster University Management School and commissioned by the Entwistle Group, most business owners choose bad designs that pay no attention to who they are trying to impress. Cooper said that business cards should be “the central part of a company’s marketing material. The Entwistle Group suggests that business owners sho … [Read more...]