There has never been a lower barrier to entry for new businesses

Amongst all the doom and gloom of the past few years fuelled by Brexit, the COVID pandemic and challenges to democracy a fundamental paradigm shift has taken place: There has never been a better time to be a small business owner. Technology means you can create and launch new ideas, products and services quickly. There has…

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The SEISS claims portal opens again today … but beware of the more onerous conditions

The self-employed income support scheme (SEISS) claims portal reopens today (Monday 30 November), but new rules mean that taxpayers must declare their trade has been impacted by reduced demand before they can claim the third grant. When claiming the first two SEISS grants taxpayers had to confirm that their trade had been adversely affected by the coronavirus…

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Learn from the world’s most exciting companies

In a recent email I talked about why evaluating your business model is essential in these turbulent times. Successful businesses are able to maximize the amount of value that is delivered to customers (and captured in the form of revenue) for the least amount of cost in operating expenses. The better the profit margin, the more options the business…

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Who does the thinking in your business?

Who does most of the thinking in your business? It’s you isn’t it? In fact, you probably do all of it. You are the master strategist for all the parts of your business. You’ve been good at outsourcing the DOING of things (like operations, website creation, newsletter production, customer support, social media, bookkeeping, etc.) but you…

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