Strategy Consulting vs Management Consulting: Unraveling the Key Differences

03/08/2023

Strategy Consulting vs Management Consulting: Unraveling the Key Differences

A Beginner’s Guide to Understanding the World of Consulting If you’ve ever wondered, “What is strategy consulting VS. management consulting?” this beginner’s guide will shed light on their differences, explore the concept of consulting, and understand the differences between the types. The consulting industry in the UK boasts a workforce of approximately 63,000 professionals, According […]

Unlocking Success: The Power of Entrepreneurial Risk-Taking

03/08/2023

Unlocking Success: The Power of Entrepreneurial Risk-Taking

Introduction – Embracing the Adventure of Risk-Taking Taking risks in business can be your pathway to success. As an entrepreneur, you’ll find yourself at crossroads and with dilemmas, unsure of whether to play it safe or take big bold steps. In this article, we’ll explore some real world examples to show the benefits of risk-taking […]

A Guide to Embracing Digital Transformation

02/08/2023

A Guide to Embracing Digital Transformation

Digital transformation must be embraced by every business for various reasons. These include to avoid falling behind competitors, to strengthen security and cut down on security breaches, and to remove the reliance on legacy software. A digital future requires digital transformation now, but where do you start? Here’s an explanation of what digital transformation is […]

How to Manage a Business Crisis

31/07/2023

How to Manage a Business Crisis

Did you know that the UK is facing its longest recession on record? Data shows that, with this crisis looming, uncertainties about business safety are rife and industries such as real estate are being hit the hardest. A business crisis often occurs unexpectedly, throwing your business into turmoil. However, this doesn’t mean you cannot have […]

Tips for Businesses Struggling with Skills Shortages

28/07/2023

Tips for Businesses Struggling with Skills Shortages

Unfortunately, the British economy has not yet recovered to pre-pandemic levels and the skills shortages remains a familiar problem for UK employers, particularly within transport and logistics, hospitality and manufacturing and construction industries. Impacting both productivity and profit, data reveals the reasons for this slow recovery are pandemic repercussions and tight post-Brexit immigration law. In […]

How the 2023 Food Waste Legislation Will Impact Businesses

28/06/2023

How the 2023 Food Waste Legislation Will Impact Businesses

Many businesses will be pausing to consider their environmental impact as the government announces mandatory separate food waste segregation for all businesses. The government passed the Environmental Act in 2021, which will come into effect later this year. Although an official date is yet to be revealed, businesses will be required to separate food waste […]

What is the Most Popular Time to Start a Business?

23/06/2023

What is the Most Popular Time to Start a Business?

The study by UK financial services provider CMC Markets analysed the latest ONS data on weekly company incorporations to determine the best time to start a business. It found that from Saturday 4th June to Friday 10th June 2022, 18,386 new businesses were created at Companies House. This was the fifth highest number of new […]

The Impact of Public Holidays on Businesses

28/04/2023

The Impact of Public Holidays on Businesses

Obviously, every business is different, but public holidays generally impact companies in one way or another. There are both positive and negative effects which depend on the industry and nature of the business, but in this article, we will discuss the overall affects these days have on businesses. How Do Public Holidays Affect Businesses? Reduced […]

Why Competitor Analysis is Important for Any Business

31/03/2023

Why Competitor Analysis is Important for Any Business

A competitor analysis is a comparison between your business and other businesses within your industry that you regard as a competitor. This may be businesses that are within your local area, offering similar services/products to your business, targeting a similar audience, etc. For any business, it’s important to remember that you are not the only […]