Lockdown has been named the Word of the Year by Collins Dictionary. That’s understandable because this is all a lot of people have been hearing over 2020. Indeed, the UK is now on their second lockdown and it’s expected that there will be more in the future. Plans are in place to save Christmas in the UK and America however there are no guarantees. For businesses, things are a little different. Rather than simply accept the lockdown and admit defeat, companies have been forced to adapt to keep the lights on and the demand pouring in. Many companies with no online presence have already felt the impact of not being prepared for an impossible to predict scenario. For instance, Primark in the UK made zero sales during the first lockdown. Other companies have been quicker to adapt. Thanks to … [Read more...] about Virtual Is The Keyword For Businesses In 2020
A Beginners Guide To Running A Successful Small Business
Anybody can set up a small business, but running a successful one is another matter entirely. Indeed, there are numerous steps that you must take to ensure your business both survives its infancy and thrives over the long term. Find out what they are below. Do your research You wouldn't buy a car or book a holiday without first researching what you can expect to get for your money, so why would you do something as massive and costly as starting up a business without the same attention to detail? Yes, that is right research comes first. This means looking into the market you are considering, your competitors, costing up supplies and resources, and even looking into any legal issues that could apply to your small business. After all, when it comes to startups, better safe than … [Read more...] about A Beginners Guide To Running A Successful Small Business
What Are The Characteristics Of Entrepreneurs Who Make It?
While many people fancy themselves as entrepreneurs, only a tiny sliver of them actually “make it” and develop profitable enterprises that stand the test of time. Many of us want to know what separates these success stories from all the people who get lost along the way. Can we learn any lessons from these captains of industry? It turns out that we probably can. Individual entrepreneurs seem to have characteristics that make it more likely that they will eventually succeed. So what are they? Unbridled Optimism Imagine going to work every day to build a business, knowing that there’s a 90 percent chance that it’ll fail. Those aren’t good odds. What’s more, they hurt your psychology. If the probability of crashing and burning is high, then your unconscious mind takes this into … [Read more...] about What Are The Characteristics Of Entrepreneurs Who Make It?
Should Your Business Invest in Outplacement Services?
With technological advances and modern workplace trends, layoffs are an unfortunate but inevitable reality for many businesses. There’s a lot to think about when letting go of employees. Aside from considering the employee’s well-being, you also have to consider your brand and reputation, legal issues, and your current workers. For this reason, many companies decide to invest in outplacement services, which offer a variety of support and resources for employees and businesses dealing with job termination. If you’re considering the investment, read on as we discuss outplacement services more in-depth and the benefits they offer. What Are Outplacement Services Outplacement services are coaching programs that aid separated employees in their new job search. They provide a variety … [Read more...] about Should Your Business Invest in Outplacement Services?
4 Ways to Improve Your Live Virtual Event
These days, remote working is becoming more and more prevalent. In addition to having employees work from home or other remote locations, things like corporate events, professional training seminars, and conferences are also being done remotely as well. Through the use of video chatting platforms and other remote communication tools, it is possible to host such events and include participants from multiple locations. That being said, the last thing you want is for your virtual event to be mundane and simple. Just as you would put a great deal of thought into such events that you would host in person, you should also be looking for creative and interactive ways to make your virtual events more engaging and professional. Here are four ways in which you can improve your live virtual … [Read more...] about 4 Ways to Improve Your Live Virtual Event
What To Consider When Thinking Of Buying A Commercial Business Property
You know business is going well when you’re considering buying a property for operations to run permanently from. Buying a commercial property can be extremely time consuming, not to mention stressful! You will need to make smart decisions, be budget conscious, and have everything planned out for things to run as smoothly as possible. So, if you’re thinking of buying a commercial business property, here is what you need to consider. Before you even consider buying a property, it’s a good idea to consult your lawyer about your plans. They will then be able to assist you with reading through the fine print and advising you if there are any loopholes with your planned purchase. What kind of property will you need? The first thing you will need to consider is what kind of property will … [Read more...] about What To Consider When Thinking Of Buying A Commercial Business Property