What is the Role of Chamber of Commerce in Economic Development?

12/02/2024

What is the Role of Chamber of Commerce in Economic Development?

Are you taking advantage of the Chamber of Commerce? It plays a significant role in the economic development, connecting businesses, government and communities. If you weren’t aware of the part it plays, we’re going to take a closer look in this article. How Does the Chamber of Commerce Drive Economic Development? The Chamber of Commerce […]

What Are the Advantages of Being a Sole Trader?

15/09/2023

What Are the Advantages of Being a Sole Trader?

In the UK, the two most common options are; becoming a sole trader or forming a limited company. While both have their merits, let’s delve into the advantages and disadvantages of being a sole trader, to help you make an informed decision. Sole Trader Advantages Simplicity and Control As a sole trader, you have complete […]

UK Business Startup Grants: Your Guide to Funding Success

01/09/2023

UK Business Startup Grants: Your Guide to Funding Success

One of the most significant challenges startups face is securing funding. Thankfully, the UK government and various organisations offer grants to help budding entrepreneurs. Let’s dive into the world of UK business startup grants and explore your options. What are Business Startup Grants? In essence, a startup grant is a sum of money awarded to […]

Are Businesses Prepared for the Next Global Crisis?

04/08/2023

Are Businesses Prepared for the Next Global Crisis?

After multiple interest rate hikes and global crisis in a short period of time, it’s difficult for businesses to keep up and adapt. But how difficult? New data from the intelligent planning technology Board International reveals that, despite nearly every global business executing some form of planning transformation attempt since 2020, 90% report it failing […]

How Many Shares Does a UK Company Have?

03/08/2023

How Many Shares Does a UK Company Have?

When investing in a company, one of the essential aspects to consider is its shares. But what exactly are shares? In simple terms, shares represent ownership in a company. Each share equates to a small portion of that company. Understanding Shares and Their Types Now, let’s delve into the two main types of shares found […]

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 […]

Tips for Navigating Conversations About Pay in the Workplace

26/06/2023

Tips for Navigating Conversations About Pay in the Workplace

When it comes to your career, knowing how to ask your supervisor for a raise is an important but challenging task. Breaking the taboo associated with conversations about pay is crucial to progress! Research from a YouGov poll found that a higher proportion of women (60%) have never asked for a pay rise, compared to […]