Author: Victoria Jackson

Money Saving Ideas for Small Business

As a small business, every sale is important and every penny saved is one that can go into the long-term growth of the business. Keeping a dedicated eye on incoming and outgoings, ensuring they match up and help the other, then, is a vital step you need to take as a business owner. Saving money and new ways to do just that should also be consistently on your list of priorities.

With that in mind, here are a few ways to save money as a small business and ensure you keep your business moving forward moneywise.

Report Everything

Having a dedicated reporting system for all of your incomings and outgoings can be one of the best ways to keep on track of your small business finances. After all, having everything written down in plain black and white is an easy way to determine where money is coming and going from your business. This way you can see any needless expenditure that may be occurring in your business, such as payments you set up a while ago and perhaps forgot about, which actually do nothing for the operation of your business, and you can remove them. Everything should be reported, every expense from stationary all the way to the monthly charge of your chartered surveyors Manchester.

Not only is this type of reporting good for the budgets and expenditure of your business, but it can also be incredibly useful when it comes to filing taxes. As a detailed report of every expense, your business has incurred over the financial year can actually help save you money in terms of taxes.

Buy Second Hand

Computers, technology and other equipment can be important for your business, but they can also be incredibly expensive. If you have multiple staff members or need for … Read More

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The Type of Upholstery Stuffing Through History

By: Poakpong

In a single week, a regular office worker can spend at least 40 hours in the workplace. That’s why it’s essential for the employer to create a comfortable and safe environment for all employees. You need to make sure that the workplace meets all the requirements in the health and safety code. That way, the staff is working in a habitable, hygienic and safe space free from any hazards and risks. In a single week, a regular office worker can spend at least 40 hours in the workplace. That’s why it’s essential for the employer to create a comfortable and safe environment for all employees. You need to make sure that the workplace meets all the requirements in the health and safety code. That way, the staff is working in a habitable, hygienic and safe space free from any hazards and risks.

When designing any office interior, style and aesthetics are the most considered aspects. However, it’s essential to merge safety and healthy with these features for the best results. Here are a few things to consider when designing a simple office to meet the health and safety regulations without compromising on the style.

The Health and Safety At Work Act 1974 – You’re Responsibility of Your Employer

Every employer has a duty to ensure the overall health, safety and welfare of the employees. This includes providing work systems and environments with regular training, free from health risks, reasonable maintenance of the workplace and proper storage of substances and articles. That way, the employees can access the environment safely without risking their health.

All workplaces should carry out regular risk assessments to identify and remove any risks or fire hazards present. It’s prudent to take a tour of the workplace and record any present hazards. Next, you should … Read More

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Unique Social Media Ideas for Your Small Business

Coming up with new ways to stand out and distinguish your business from your competitors on social media can be tough. With millions of users, and even more millions of posts and ideas, how can you come up with something unique? The key is the way in which you define “unique”. You don’t generally need to be unique on social media, just within your industry and community. Here are some unique social media techniques you can try out for your business.

Make A Recommendation

One of the most unique social media ideas is to suggest an account for your audience to follow which may be helpful for them. One of the social media basics for a small business is to show your expertise, not to show off your own talents, but to show potential and current customers that they can trust you. However, you don’t always have to put out your own content to show your expertise. By staying connected with others in your field and sharing their information you will also be showing your trust and expertise as it demonstrates that you’re up to date on your industry speciality and want to give useful information to your customers.

Recognise A Competitor

Take the recommendation a step further and try posting something with regard to your competitors. Whilst you don’t want to promote them, you’re showing that there is nothing wrong with acknowledging something that you find useful or appreciate. This type of social media post shows that you’re not only staying up to date, you’re showing confidence in what you do and are not just promoting your brand. It’s a social media best practice to limit just how much you promote your business, but having respect for your competitors will earn you respect from your target audience.

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Creative Ways of getting Funding When Your Bank Denies You a Loan

When a bank denies you a business loan, there are many other creative ways to get the financing you need rather than sit down and cry over spilled milk. Why worry when there are several nontraditional funding methods available for you.

Here’s a guide to help you compare the small-business loan alternatives you have:

Receivables based funding tied to cash flow

There are several revenue-based forms for financing you can use to expand your startup. Such lenders are interested in three primary factors; the profitability of a business, its assets, and the owner’s personal assets. These assets are used as collateral to secure the loan. In case you fail to repay the loan, your lender can sell the assets to recover the losses.

Such types of merchant loans have a repayment plan that fluctuates based on your monthly receivables until the whole amount is settled. They are typically structured for repayment over a 5-year span but can be settled much faster if the company experiences faster growth.

So in a month where revenue is low, you repay less, and in high-sales months you pay back more. This way you can easily manage your cash flow.

Credit card offers

Such offers are meant to support small businesses that won’t access traditional funding because they haven’t been around for long.

You can get this type of funding even without collateral. Only, you’ll find it in the form a 9-month zero-interest business credit card; meaning you have a whole nine months of interest-free credit, so you have ample time to work on establishing your credit history.

Again, in this case, a lender will check your personal credit score rather than your business’ credit.

However, this strategy also comes with a range of risks. For one, failing to reach the minimum payments per month … Read More

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Small business Day

Business ArticlesConnecting decision makers to a dynamic network of information and facts, individuals and ideas, Bloomberg rapidly and accurately delivers small business and monetary data, news and insight about the planet. Essential highlights of Prime Minister Narendra Modi’s speech on India’s 71st Independence Day 15 Aug, 2017 09:52 AM ISTAddressing the nation from the historic Red Fort, PM Modi spoke on several subjects, ranging from GST to terrorism to Swachh Bharat initiative.

A Chinese eye view of India@70: It is time India got out of the hare-tortoise race 15 Aug, 2017 ten:37 AM ISTA corporate lawyer from Beijing explains why India at 70 should really celebrate its achievement as a blessing of its own, not as a suggests of beating other individuals.

India@70: How India, the original globaliser, has begun playing with the globe once again 15 Aug, 2017 09:01 PM ISTIndia’s financial rise, and the expert abilities and household values of individuals of Indian origin worldwide, have also earned brownie points in current decades.

In this potent TED Speak, Simon Sinek suggests that excellent leaders are those whom other individuals feel they can trust-good leaders make people feel safe. You may well surprise your self and locate great in the bad. Thousands transferred, branches closed, but no main protests in SBI 15 Aug, 2017 03:43 PM ISTAccording to SBI, the projected quantity of staff to be redeployed due to rationalisation of administrative offices and branches is about ten,616.

SBI cuts employees strength, appears to redeploy 10,000 14 Aug, 2017 06:50 PM ISTConsolidation and a shift to digital channels for banking have set in motion a job restructuring procedure in one particular of the largest employers in the country. Speedy, practical management tips to enable you do your job greater, delivered weekdays.… Read More

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