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.
Many businesses find importing requires greater financial flexibility and reserves than buying from a UK supplier. Rather than buying on credit, you must often commit finance well before delivery. Negotiating the right agreement with your supplier can cut the cost and effort involved.
Marketing research helps you understand your competitive position, spot opportunities, reduce risks and take better decisions. It is more than just market research, which is concerned only with examining aspects of a given market, such as its size, location or growth potential.
ATOM guide to... health and safety risk assessment
Faced with the mass of legislation, meeting your health and safety requirements can seem an enormous task. Fortunately, the most critical part of managing health and safety — risk assessment — is relatively straightforward.
Looking after health, safety and welfare is not just a legal requirement — it makes commercial sense. Failing to manage health and safety properly can be far more costly than getting it right in the first place. While the sheer mass of legislation can be scary, most of it is straightforward and help and advice is widely available.
Atom guide to... an email policy for your employees
Most businesses use email as a key communication tool. It can be a quick, convenient and effective way of contacting both customers and other members of your team, without the disruptive effect of a phone call.
It’s essential to carry out thorough research before you start exporting. It will help prevent costly mistakes, boost your chances of choosing the right market and show you how to sell your products and services in that market.
Having a brand can differentiate your business from your competitors’ firms and drive customer loyalty. Branding isn’t just for multinationals with huge budgets: small and medium-sized firms can create an effective brand by examining how the business works, what it means to its customers and acting on the results.