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by Inna Kaushan, co-founder of Solna
When you’re running a business, you are most likely to be fully focused on delivering projects. There is always work demanding your time and attention. Then it is year end, you have tax returns to file, and you are scratching your head wondering where to begin.
You need two things to avoid getting muddled: accounting, and bookkeeping. These important financial processes will help you with financial control and end-of-year tax affairs. Let’s look at the differences between them and how to make the best of both in your business.
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Guest Post
Tagged as: Accounting, Bookkeeping, Guest Post, Inna Kaushan
By Mike Ianiri, Equinox
Change will be accelerating in business telecoms over the coming year. Here are some thoughts on how this will develop and the impact for business.
Data consumption is going to continue to climb. Stats from 2016 show 1.26Gb per user per month, increasing to 1.72Gb in 2017. Although we cannot find statistics to prove this, we believe business users are consuming more data than consumers. At the time of writing, I’ve consumed 7.1Gb of data per month, on average, over the last three months.
With the increasing cyber security threat, the use of mobile data, as opposed to Wifi, will increase dramatically. With mobile data becoming cheaper and cheaper, public Wifi is just not worth the risks it poses.
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Guest Post
Tagged as: Guest Post, Mike Ianiri, Phone, Technology
By Dan Whytock
It has been a long and difficult few years for the UK high street. We’ve seen many shops closing and the loss of many big-name brands, and there may be more to come.
Struggling retailers, including Marks and Spencer and Debenhams, have reported disappointing sales figures over the 2018 Christmas period.
The Internet is often seen as the ‘problem’ – particularly as more customers order goods from the comfort of their own homes and the all important footfall decreases. But, this is due to a lack of understanding of how digital works in the retail environment.
Instead, we should be asking if the Internet can be used to breathe new life into high streets and save established brands, as well as champion smaller, independent retailers. This mix is the life-blood of the high street and every UK shopping street needs to contain both.
The failure of a previous government high street initiative spearheaded by Mary Portas was mainly down to the fact that it did not have a clear and significant digital plan. Understanding the reasons why customers have, and will continue, to choose to shop online, and how bricks and mortar still play a role in the shopping experience, is the key to creating a strategy that gives customers the best of all worlds.
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Guest Post
Tagged as: Business, Dan Whytock, eCommerce, Guest Post
By Mike Ianiri, Equinox
When you consider how much personal data is provided by guests and held by the hotel it is no surprise that the industry attracts cyber criminals – as was discovered in November 2018 when it was reported that “500 million customers of the hotel group Marriott International have been compromised by an unauthorised party.”
Hotel hold information before a guest arrives. When they have checked in they have to submit more personal information when they connect to the hotel WiFi.
With GDPR in force now, the hospitality sector must be sure to have this at the forefront of their minds. A boutique hotel potentially would not survive a fine should a breach occur.
So, what can hotels, big and small, do to protect their guests and themselves from the unpleasant attentions of hackers and cybercriminals?
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Guest Post
Tagged as: Guest Post, Hotel, Marriott, Mike Ianiri, WiFi
By Amanda Hamilton, CEO of NALP
Well, Christmas may be behind us, but there is still a potential hangover if you offer goods or services to consumers that make a great Christmas gift. Although you should have done well in recent months, once the gifts have been given, there is always a chance that there is someone who doesn’t like it, or something turns out to be faulty?
So what rights do your customers have when it comes to returning items and getting a refund?
Without a receipt there is not a lot they can do but, if they’re not shy about asking for said receipt, or if the giver of your product has said they can change the item if so desired, then that’s different.
And what are your customers’ rights in relation to items that have been bought online? With many people choosing that route now, it’s not just a question of taking something back to the shop with a receipt.
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Guest Post
Tagged as: Amanda Hamilton, Consumer Rights, Guest Post, Legal
By John Auckland, Tribe First
After the fun of celebrating the start of another brand new year, we feel just enough optimism to make ambitious New Year’s resolutions. Experience tells us that, although we mean well, these are often abandoned by early February. I won’t tell you to give up your Netflix subscription and swap to a gym membership or to exchange your weekend drinks for the latest fashionable smoothies. What I will do is to share the key reasons why 2019 is the year you should crowdfund your business.
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Guest Post
Tagged as: Crowdfunding, Guest Post, John Auckland
by Inna Kaushan, co-founder of Solna
Freelancers are significant to the UK economy, and in 2017 contributed £271 billion. In the last 12 months, almost three million people have been engaged as freelancers or under self-employed status. Why are more people seeking this type of work? Perhaps because freelancing has many benefits: you work for yourself, select projects which excite you, and in many instances earn more than you did when you were a permanent employee.
That said one of the major challenges freelancers face is fighting to get paid. Recent research reveals that only 19% of freelancers are paid on time, with related invoices being paid on average 18 days after their due date.
Being a freelancer also creates additional administration, requiring individuals to raise their own invoices and manage their own cash flow. This in itself can be quite stressful, creating uncertainty about not getting paid, alongside anxiety for some about having to manage and maintain their own admin and cash flow. This is an increasing problem, with recent data showing that 52% of SME owners blame poor cash flow for impacting their mental health negatively.
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Guest Post
Tagged as: Credit Scores, Guest Post, Inna Kaushan, Invoicing, Late Payments, Payments
By Marco Scotti, Figaroo
The nightclub industry is big: currently valued at $25bn around the world. However, particularly in Western nations the number of people going to nightclubs has been in decline since 2008.
Negative press, tighter noise restrictions, changing social attitudes new alcohol licensing laws etc. have all contributed to falling attendance rates and the closure of famous institutions such as London’s Turnmills and Fabric.
So, is it the end for nightclubs or can they evolve? I believe they will evolve and create a new golden age.
In this article, I aim to assess the deep roots of the nightclub business model, the technological solutions that have made – and are making – their way into the industry, and how they could bring clubs into a new golden age.
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Guest Post
Tagged as: CrowdCube, Figaroo, Guest Post, Marco Scotti, Nightclub
By Mike Ianiri, Equinox
In many countries businesses will work on Christmas Eve but then close down until Wednesday, 2nd January. However, not everyone stops working during this time, so how can you make sure you avoid losing out on business over the Christmas period?
Here are a few tips:
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Guest Post
Tagged as: Business, Christmas, Guest Post, Mike Ianiri
By Anthony Main, The Distance
The high streets are flooding with people, the markets are springing up in town and city centers across the country and the festivities are in full swing.
While it is a time of great celebration and merriment, Christmas can also be incredibly stressful; not only are there gifts to buy, there is work to complete before the New Year, plus there is a substantial amount of preparation that needs to be undertaken before the calendar makes its way to the 25th of December. But the festive season need not be a time of panic and pressure.
Below is a shortlist of a few great apps that will help you manage the less than exciting parts of the Yuletide season, and add an agreeable boost of festive cheer to the most wonderful time of the year.
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Guest Post
Tagged as: Android, Anthony Main, App Store, Christmas, Guest Post, iOS
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