Insurance and Business Insurance
It’s not until you have something unusual to insure that you come across the term “Bespoke insurance”. If you’re the proud owner of a Harp, a life size statue of an elephant, the best set of teeth in the world, a talented musician or sportsman you might find the need to have a custom-made insurance policy. [Read More...]
You’re in business to make money – so why on earth wouldn’t you want to account for it in the most efficient way? As your business grows, your online accounting software should be able to grow with you too. Why not research online as well? You should be able to “swing” a two to three [...]
There are a range of reasons why folk strike out of their own and start a brand new business. Some wish to bypass the daily grind of cubicles, middle-management overseers, and the 9 to 5 grind. Others find the satisfaction and sense of liberty that will come with being your own boss.
Business development is a wide term applied to the method of buttressing ties with existing clients as well as cultivating customers in other sectors of the market. To attain this goal, business development routinely crosses the conventional barriers between sales, promoting, purchaser care, operations and management so as to promote this process of growth on [...]
If you’re setting up a new business, large or small, you may want to think carefully about outsourcing your payroll services department. If you’re a one-man-band, a small or large concern, you should consider a fully managed payroll service or a simple bureau solution. Either way it will free up time for you to concentrate on the important things in your business, such as self-promotion and development.
The areas that any payroll services company will cover are VAT returns, general Bookkeeping, Wage paying, preparing management accounts, Budgeting, cash flow, Accounting systems, reviewing financial mattes and general development of procedures manuals. A Payroll Services company will be happy to tailor its services to your firm. They will be able to pay your wages and bills weekly, bi-weekly or monthly as requested and all at a fixed rate cost to you – no surprises. [Read More...]
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Increasing use of online and communication technologies is changing the way businesses are managed and requiring businesses who want to remain competitive to either outsource non-core activities to specialist companies to ensure greater company effectiveness or to upgrade their management systems and upskill staff to use them. Freight carriers are part of such an upgrade of a management system.
Freight carriers and shipping companies provide shipping, haulage and rail freight services and will handle a range of services for the transportation of a company’ goods. The customers of the service usually is responsible for making clear the types, weights and sizes of the goods, and ensure that the goods are packaged commensurate with any rules and regulations and safety considerations. This will vary from cardboard carton containers to shrink-wrapped pallets or suitable packaging for containers or fragile goods. [Read More...]
You’re in business to make money – so why on earth wouldn’t you want to account for it in the most efficient way? As your business grows, your online accounting software should be able to grow with you too. Why not research online as well? You should be able to “swing” a two to three week free trial with any product, before coughing up the monthly fee or buying the full pack. There’s no reason why the cost of Business Accounting software shouldn’t be as little as £12 or £13 per month.
Features you should definitely be aware of, or look for while researching are that your system should improve productivity up to say 25% with streamline accounts and processes. It’s great if you can get a daily “Cash Balance” for your company, with online scorecards. Procuring Business Accounting software means that you should be able to remove the possibilities of technology bills and maybe save up to 90% of IT costs.
Online Business Services
If you are about to launch into the cloud, with hopes of taking your small business into the stratosphere, you really have to be sure of your hopes and expectations. Because web based cloud services are cheap and reliable, it’s good to know you won’t have to provide a large, upfront investment. The service is usually on offer on a kind of “pay as you go” scale and is therefore cheaper; which means large capital investment won’t be necessary.
It’s important to remember that you are possibly going to hand over a large amount of company information when you access cloud computing tools. Invoicing software and accounting software immediately spring to mind. Cloud-based QuickBooks such as “Essentials” or “Simple Start” can be a fantastic aid to managing your company’s finances and are every bit as flexible online as they are in their original software form on computer. They can however probably not completely obviate the need for a face to face meeting with your Company Accountant.
Should you be nervous about confidentiality? The whole move to cloud should be considered as a very serious one for your empire. Yes, it’s reliable and reasonably cost effective, but what are the data security issues? Remember, if you are intending to store sensitive data from your accounting software on customers for example, you will be required to register information Commissioner’s Office (or ICO).
It’s absolutely essential to choose a Cloud vendor or site that is experienced, reliable and sound. Make sure that you really understand how their system operates. Spend a fair amount of time getting all of your Company queries answered to gain complete peace of mind.
Training and Careers
…that don’t involve teaching!
1. Accountancy – stop yawning, accountants are losing their boring reputation. They now play a massive role in the success of companies, and can be handsomely rewarded as a result. You don’t need a maths degree as accountancy has its own qualifications and training path, but top firms who have their pick of the best talent will look favourably on strong mathematical ability, and it will make your training period easier if you have some skills in place. You do generally need good communication skills as well.
2. Statistical analysis/modelling – many companies need mathematicians to carry out statistical analysis or modelling. Market research companies use a large amount of stats, and need statisticians to help devise questionnaires and analyse results. Large industrial companies and finance companies also need these skills, and the Civil Service uses a large amount of statisticians.
3. Actuarial jobs– Like a niche type of statistician, actuaries work specifically in insurance, carrying out calculations to do with probability on issues such as risk and life expectancy to make sure policies are correct. Actuarial jobs tend to be highly paid and are in high demand at the moment. [Read More...]