Increasing staff productivity is an effective way to boost profits for your business because it essentially means that you get more for your money. However, pushing your staff too hard can have the opposite effect and result in declining morale, which has serious knock-on effects for the rest of your business. A study by Oxford University found that happy workers are 13% more productive, so here are five ways to make your staff do more whilst keeping their wellbeing in mind.
It almost goes without saying that you should create an emergency fund for your small business. Running a business can be unpredictable and, as the saying goes, even the best laid plans often go awry. It’s important to create a safety net to prepare yourself for unforeseen circumstances so that your business can weather the storm without running out of cash. We’ve compiled a list of seven easy ways to create an emergency fund for your small business so that you’re prepared fo
If the covid-19 pandemic taught business owners anything, it’s that it pays to be online. The world was undeniably moving in a digital direction pre-pandemic, but the crisis accelerated this shift and many businesses were forced to go online almost overnight. As a result, speed, rather than precision, was understandably of the utmost importance. Now that the world is slowly recovering from the pandemic, it’s time for business owners to consider making certain changes permanen
The recent surge in remote working has presented hackers and cybercriminals with a wealth of new opportunities. In fact, research by Hiscox Insurance found that, on average, one small business was attacked every 19 seconds in the UK in 2020. At the same time, research by cybersecurity company BullGuard found that over 40% of companies in the UK and USA lack a cybersecurity defense plan. In 2021, cybersecurity is more important than ever and changing your password regularly is