Networking helps you to form and maintain mutually beneficial relationships with others who are linked to your career, sector, market, region or specific interest.
Reducing the environmental impact of your business offers substantial and immediate business benefits, including reducing your costs and improving your reputation
Guide to... legal responsibilities of community organisations
Volunteers at community organisations are often surprised to discover that their legal responsibilities are little different from those of businesses run for profit
The challenges involved in running a community organisation include dealing with finances, making sure you are complying with legal requirements and dealing with staff
Understanding how much a business is worth - and how it can be made more valuable - is of vital importance to anyone buying, selling or simply running a business
Good filing and record-keeping systems make sure you have what you need, and avoid wasting time and effort looking for misfiled information and misplaced files.
Being sued is stressful, time consuming and expensive – three good reasons for settling quickly (or better still putting in safeguards to prevent disputes arising in the first place). But unless you are clearly at fault, or fail to follow the court procedures correctly, the odds are in your favour.
Marketing and selling overseas is a demanding undertaking so you need to plan your overseas marketing strategy, including deciding whether to sell directly or involve local partners
Checklist: staying within the law when using social media
The public nature of social media profiles and the speed at which online messages can go viral can also pose a serious threat to the reputation of a business
Research released in autumn 2019 revealed that 84% of UK firms had suffered a data breach in the previous 12 months. Cyber criminals are growing more sophisticated in their attacks, stealing data and financial information. Small businesses can no longer afford to ignore the threat from cybercrime
Key performance indicators, or KPIs, can help you measure how your business is performing in particular areas, so you can track and improve this over time.
Unless you’re quite happy just ticking over, it is likely that you will be looking for ways to develop and grow your business. The steps in our checklist can set you off in the right direction.
The members of your board are responsible for major decisions on how your business is run - and could be responsible for its failure if they don’t carry out their responsibilities effectively.
