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10 Ways to Get Rich

In Business by StevenLeave a Comment

With an estimated fortune of $62 billion, Warren Buffett is the richest man in the entire world. He credits his success to: 1. Reinvest Your Profits: When you first make money, you may be tempted to spend it. Don’t. Instead, reinvest the profits. 2. Be Willing To Be Different: Don’t base your decisions upon what everyone is saying or doing. 3. Never Suck Your Thumb: Gather in advance any information you …

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Why do people go into business?

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One Saturday afternoon, a lawyer was making himself a cup of tea when he noticed a leak coming from under his kitchen sink. So he picked up the phone book and called his local plumber, who turned up within an hour. The plumber took out a spanner from his tool bag, fiddled with a pipe for a couple of minutes, then announced the problem was fixed and handed the …

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A miserly duck and a vampire amongst the richest

In Business by StevenLeave a Comment

Scrooge McDuck, the “penny-pinching poultry” with a fortune in gold coins whose estimated worth is $44.1 billion, headed the list of Forbes’ “Fictional 15″wealthiest imaginary characters.But despite his riches, McDuck still trails Microsoft founder Bill Gates’ $53 billion. Vampire-themed franchises have become big business, so it’s no surprise that Carlisle Cullen, the 370-year-old vampire from the “Twilight” books and films who has been accruing interest on a small savings account …

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Don’t Pee Off the Tax Man!

In Business, Jokes, TAX by StevenLeave a Comment

A Little Bit Of Light Humour HMRC decides to have a look at Grandpas accounts, and summons him to the Tax office. The tax inspector was not surprised when Grandpa showed up with his accountant. The tax inspector said, ‘ Well, sir, you have an extravagant lifestyle and no full-time employment, which you explain by saying that you win money gambling. I’m not sure HMRC finds that believable. I’m …

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HMRC to Target Plumbers

In Business, TAX by StevenLeave a Comment

So… the latest tax enquiry focus is taking a hard look at plumbers. Why is this do we think? Certainly the plumbing Industry is prone to ‘cash in hand’ jobs but probably no more than any other of the building trades, taxi drivers, restaurants or any other ‘usual suspects that HMRC traditionally lines up for enquiry. In fact the answer is rather darker – Welcome to the beginnings of …

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The Local Community

In Business, Marketing by StevenLeave a Comment

Local companies know their customers and their area better than any national chain. Be Local, Buy Local When you buy local, you’ll be helping to shield local firms from the effects of the recession, bringing lasting benefits to your community. Your next purchases can support local businesses – please consider the local options first, whether it’s your weekly food shop, a gift, a major purchase or the services of …

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Where Are All The Potatoes?

In Business by StevenLeave a Comment

As we’re all aware, it is now more important than ever to support your local, independently run businesses. From trades people to coffee shops, farm shops to toy shops, we all have local businesses in our area. These local businesses are very important for supporting the local community and providing consistent revenue to the local economy. Keeping these businesses alive is the only way to ensure we keep our wide choice …

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Tesco Sales Are Not Going To Plan

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Tesco’s is not doing as well as they wanted. Hopes of a rapid recovery under its new boss, Dave Lewis, are fading, with City analysts forecasting a fall in like-for-like sales of between 2 per cent and 3 per cent during the 13 weeks to 30 May, the Guardian reports. The performance is an improvement on the first quarter last year, but marks …

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Not Having a Plan

In Business by StevenLeave a Comment

If you don’t have an overarching strategy for your business, you won’t have a clear idea of where you’re going – and it’s a lot harder to get where you’re going if you don’t even know where exactly that is. Don’t get so caught up in the day-to-day minutiae that you fail to step back and take a look at …

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Discouraging or Ignoring Employee Feedback and Ideas

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You may have a lot of good ideas, but you don’t have a monopoly on good ideas. Not only do they have good ideas, but allowing your employees to contribute their ideas and feedback builds an atmosphere of trust where employees feel they have some level of control over their professional lives. That’s important, because it means your employees will …

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Putting Off Important Administrative Tasks

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When you’re an entrepreneur, you don’t have a boss breathing down your neck, keeping you on task to get things done. It’s easy to procrastinate on important administrative tasks, especially when they’re tasks you don’t particularly enjoy doing, like payroll. You need to have the discipline to get these tasks out of the way in a timely fashion. Being busy …

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Not Delegating

In Business by StevenLeave a Comment

It’s not unusual for small business owners to fall into the trap of thinking that they need to personally run the entire business single handedly. Entrepreneurs are especially prone to feeling that none of their employees can perform a task better than they can, and it doesn’t help that they’re emotionally invested in the success of their businesses. But you …

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Going in Blind

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Going in Blind You may not think that you need any formal training in business or management in order to start your own business; you’re going to be the boss, after all. But that’s exactly why formal training in management is a good idea. You may not need to impress anyone to get the job, but you can still use …

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Are you at risk of making some of the most common small business management mistakes?

In Business by StevenLeave a Comment

Management skills are just as essential for small business owners as they are for corporate employees. They’re what help a small business owner successfully delegate the right tasks to the right employees, and they’re ultimately what make a successful small business grow and thrive. But too many entrepreneurs don’t know what they’re doing when it comes to management. Are you …

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DON’T FALL FOR THE HYPE!!!

In Business by StevenLeave a Comment

Madbid – don’t fall for the hype Madbid is a penny auction site that claims to save users up to 90 percent off high value items like iPads and cameras. A Guardian Money investigation, however, suggests that successful buyers can actually end up paying twice the price for goods available on conventional retail sites. They also found that the same …

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Four Million Couples Are Eligible!

In Business, TAX by StevenLeave a Comment

This financial year sees the start of the new marriage allowance. More than four million couples are eligible for a tax allowance of up to £212, but you have to formally claim it. Referred to by the Government as the Marriage Allowance, it is estimated that more than four million married couples and 15,000 civil partnerships are eligible for the tax break. …

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Unusual But Beneficial Things To Have In The Office

In Business by StevenLeave a Comment

The 50 top things you want in an office A personal butler, a rooftop terrace and nap rooms are just some of the 50 things that make the coolest office. By Business Matters The experts at online gaming site MobileSlots.com have researched what workers would love to have in their working space and have come up with a list of …

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Are You Scared To Personalise?

In Business, Marketing by StevenLeave a Comment

Too Scared to Personalise? Every marketer is being told that personalisation is the number one priority. But when does personalisation become too Too Scared to Personalise? When does the great customer offer segue into the over familiar communication that has a detrimental effect on the relationship? By Business Matters Right now, attitudes vary from companies adopting tactical and ill focused attempts …

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The Single Most Important Leadership Skill

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The single most important leadership skill A study of 20,000 employees around the world found that this trait is more important to them than recognition and appreciation. By Business Matters Everybody wants a little respect. The human need to be respected is well-documented, from soul singers like Aretha Franklin to business studies on employee needs, says inc. Christine Porath, associate …