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Attracting and retaining talent has become more challenging than ever for business owners, thanks to the ‘Great Resignation’ that has swept across the UK since the Coronavirus. As a result, this seismic shift in the job market has left many suffering with a significant talent crunch – so how can we combat this? If you, […]

The impact on you and your staffYou will need to ensure that all staff members are paid the increased minimum wage for their age group by this date. How much is the increase?See below for details of the updated Minimum Wages to take effect from 1 April 2024. Apply 23 and over 21 to 22 

Yesterday, the chancellor announced his spring budget.There is a lot to digest and unpick. With a general election looming, it was clear that thechancellor had decided to put more money back into the pockets of working people.However, not much of this money directly comes to small business owners. Let’s start with the good news: National

20% of new businesses in the UK do not make it past the first year, and 60% will fail within the first three years [1]. So, what separates the businesses that thrive from those that don’t?  The answer is simple: resilience.  The past few years have been a testament to this, with the pandemic, Brexit,

In the UK, the average cost of training a new employee is a staggering £1,530.00. With such a significant investment at stake, you want to ensure it’s not in vain. Are you a business owner struggling to retain staff? We have 9 practical, proven strategies to reduce staff turnover. A robust training programme can make a

Do you have a lumpy pipeline? Is cash flow tight around year-end and at the beginning of Q1? Perhaps you had an increase in cash flow towards the end of the year and want to maintain this? As we all know, cash flow is vital; the financial pulse keeps your venture alive and kicking. So

With the self-assessment deadline looming, HMRC has sent out a reminder urging individuals who may have invested/traded in crypto assets to check if they need to report transactions. Does this affect you? HMRC is concerned that individuals who sell or exchange crypto assets through online exchanges may not be aware that they need to file a tax

Are you gearing up to bring new talent on board? Don’t let the complexity of budgeting for new hires overwhelm you. We’ve got your back with a straightforward guide to crafting a recruitment budget that makes sense. From identifying costs to making strategic decisions, we’re here to help you navigate the financial side of hiring.

Strategic planning is the heartbeat of business triumph. In this article, we look at strategic goal planning and the financial pulse of your business. Whether you lead a startup or a corporate giant, understanding how strategic goals and finances align is key to achieving success. Strategic Planning Strategic planning is constantly evaluating where your business

What do you really want from the New Year? As the calendar turns to 2024, we are all contemplating our goals and aspirations for the year. However, while most of us will identify the things we want – such as financial stability, business growth, or personal fulfilment – not many of us take the time