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Top Five Myths About Business Energy

October 31, 2022 Leave a Comment

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There are a lot of myths out there about business energy. Some businesses believe that it’s expensive and not worth the investment. Others think that it’s too complicated and that they wouldn’t be able to figure it out. As renewable energy’s popularity in the UK has grown, so too have the misconceptions about it.

Top Five Myths About Business Energy

People may shy away from renewable energy options because they are confused by these fallacies. In this blog post, we’ll debunk some of the top five myths about business energy and show you how it can save you money in the long run.

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100 Tips to Build an E-Commerce Startup From Scratch

April 16, 2022 Leave a Comment

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E-commerce paves huge opportunities for budding entrepreneurs of today. If executed wisely, your e-commerce business could become a global enterprise in a short span. The best part is, that the model offers lower entry barriers. The wider reach of the model has ensured that even brick and mortar businesses are embracing it as an addition to their existing set-up.

How To Start an Ecommerce Business

The convenience of online ordering and payments makes the sale process faster and time-saving. This creates a win-win situation for customers as well as the business. Here are some tips that help you get a holistic view of what all you need to get started and get going:

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4 Ways To Finance Your New Business

March 6, 2022 1 Comment

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Starting up a business is no small thing and there are many factors to take into account if you want to pursue such an endeavor. The number one aspect of starting up a business is having the funds to do so and this is not just a start-up fund at the beginning but an ongoing surplus that needs to be maintained.

4 Ways To Finance Your New Business

Getting a business to a level where it flourishes can be a difficult thing. There are avenues you can take to minimize your overhead costs and make sure that you have the required funds to ensure that your business becomes and remains a successful enterprise.

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Online Mailing Services Create Business Efficiency

August 25, 2021 Leave a Comment

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A lot of factors go into business growth. You need loyal customers, solid marketing, and a team you can count on. Business growth also requires efficiency. When businesses can increase their efficiency without sacrificing quality, they make their productivity soar.

Write better emails

That efficiency often boils down to the little things. Take your company’s mail, for example. Changing your mail system can impact your efficiency in a big way. That’s why a lot of business owners have turned to online mailing services. But how do online mailing services make a difference? Here are just some of the biggest ways.

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ESOP Vs ESS: How To Build A Remuneration Package For Your Employees

August 23, 2021 Leave a Comment

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Creating and offering remuneration packages is perhaps one of the most effective ways to encourage existing employees to perform their jobs more effectively while attracting prospective talents. It may also increase their loyalty, thereby lowering the possibility of sudden resignations. Hence, when starting a business, the startup must have a remuneration package for its future employees. 

employeeconversation

In these cases, there are typically two options to choose from: employee share scheme (ESS) or employee share ownership plan (ESOP). Although the two carry some similarities with each other, they’re two different options. 

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Mistakes to Avoid When Buying a Tradeline

April 22, 2021 Leave a Comment

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Are you looking for a way to improve your credit? Depending on your financial and personal circumstances, it can be tough to do so. It might be so tough that you’re considering slightly higher-risk options, such as buying tradelines.

While buying tradelines can be a reasonable way to boost your credit, it’s important that you only do so correctly and avoid some costly mistakes. 

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Crisis Averted: 5 Ways Business Owners Can Save Money on Workers’ Compensation 

February 8, 2021 Leave a Comment

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As the pandemic surges forward, businesses are struggling to stay open and make a profit. Numerous issues plague business owners who are doing everything in their power to run a successful enterprise while keeping employees cared for and paid. No matter how many safety precautions a company employs, accidents are bound to happen, and employees will need proper assistance. 

Why You Should Encrypt Business Documents

Although businesses have taken required and necessary precautions to ensure workplace safety, all it takes is one slip-up to bring a company to a complete standstill. After an employee is injured, they will need time to rest and recover, which means productivity may decrease. In worst-case scenarios, you may need to hire an interim employee to help with day-to-day productivity or pay non-injured employees overtime to cover extra shifts. 

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Financing Options for Small Business Owners

December 13, 2020 Leave a Comment

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One of the biggest impediments to starting any small business is obtaining the financing necessary to get it off of the ground. Thankfully, as a result of modern technology, there are many options that can help someone get the financing they need. Here’s an overview of some of these options.

Personal Funds, Friends and Family

More often than not, a person will turn to their personal funds, friends, or family in order to obtain the financing they need. These obviously have many advantages: Dipping into your own funds is easy to do, and many creditors will require that someone put their own funds into a project before lending any additional money. If you are fortunate enough to have friends and family that have the resources you need, this can be a relatively easy thing to do. Of course, there are disadvantages: You can strain relationships, owe dear friends thousands of dollars, and potentially go into business with people you care about – something that doesn’t always work out well!

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Investment at the idea stage: How to get your business idea funded

November 18, 2020 Leave a Comment

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If you’ve always thought you need a physical product or a thriving order book to get your business funded, you’re in for a ride! Though it sounds counterintuitive, your business idea is the most important aspect of your business.

How to get your business idea funded

You might think it would be your actual product or service, the profit generated, or the assets you accumulate – mainly because you can attribute monetary valuation to these things. But it is your idea that is the most valuable simply because you can’t put a standardized price on it. Your idea is the ‘why’ of your business – something investors deem crucial when deciding whether or not to fund your initiative.

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How to Safeguard Your Business and Avoid Unexpected Expenses

September 25, 2020 Leave a Comment

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For small businesses, unexpected costs can be a real concern. Without a large annual turnover to fall back on, there’s very little money left in the budget for dealing with additional outlay. As a result, it’s not overdramatizing to state that any surprise charges could potentially derail your enterprise and leave you significantly out of pocket.

Safeguard Your Business

So how do you safeguard against such unexpected eventualities? The answer lies in being proactive. Once a problem has occurred, it may already be too late for damage limitation, so a forward-thinking approach from the outset is the better option.

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