The best way to predict the future is to create it! The news is not always that positive right now and the TV and the press are currently full of ‘prices are increasing’ stories. All the negativity in the press can lead to us feeling “out of control” and...
Keeping pace with inflation
Keeping pace with inflation Strategies to manage the challenges of the current inflationary business environment. Inflation can obviously pose serious threats to businesses and has resulted in businesses grappling with escalating production costs, dwindling...
Marathon Mindset
Marathon Mindset Successful Managers: IQ versus EQ The most effective managers make good use of their IQ (intelligence quotient) and EQ (emotional quoentit). Successful business executives tend to have a high IQ as this is key to their personal...
Building business resilience
Millions of businesses and households are struggling with their energy costs, alongside increases in general taxation, the cost of council tax, water bills and other utilities. Is it all doom and gloom or can you plan forward and make adjustments in, and to, your...
STAGFALTION
What could it mean for your business? Stagflation is a combination of stagnant output and rapidly rising prices. In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows,...
Monitor, review and adjust.
Taking control of your Business With Russia's invasion of Ukraine creating additional fiscal uncertainty in the UK and around the globe, economic growth slowed in February and, according to the Office for National Statistics, the UK economy is now only 1.5%...
WHY INFLATION MATTERS TO YOU
Inflation has become the hot topic in financial circles. Low interest rates and quantitative easing, the process by which central banks pump new money into the economy may well be vital to getting the economy running again – but they can both also stimulate inflation....
Budgeting for the year ahead
Budgeting for the year ahead As we come to the end of 2021, it’s a great time for you to start thinking about budgeting for the year ahead. Business planning and setting budgets is become increasingly complicated in today’s uncertain and volatile marketplaces. We have...
How busy are you?
How busy are you? Too Busy! What would your reaction be if you were chatting to a friend with a small business and you asked them "How busy are you?" and their reply was “Not really, I suppose I only do two or three days a week!” You might feel concerned for them and...