Research carried out by one of the UK’s largest insurers, Direct Line, has found that many home business owners are leaving their business uncovered by not having the correct business insurance. If your business isn’t covered with the correct insurance, you could end up loosing money if your business is ever unable to trade due to un-seen circumstances.
Direct Line found that over 25% of all home based businesses don’t have the correct insurance to cover themselves. (more…)
Even if you rarely watch TV, no doubt you have seen one of the aweful adverts from the price comparison websites, whether it’s Peter Jones walking around a glass supermarket, or an opera singer dancing around a coffee shop, the adverts just seem to get worse each time.
It was a couple of years ago now that we saw the first price comparison site TV advert, this was back when they only really dealed with car insurance. However, as these sites get bigger, they have discovered how lazy the people of the UK really are and have widened their sites to offer anything and everything, from loans to small business insurance. (more…)
The sale of PPI alongside loans is now banned in the UK. People who would like to purchase Payment Protection Insurance can choose to buy a standalone policy rather than a single premium policy. The reason for this is that many payment protection plans were not sold according to the correct guidelines over the years. (more…)
Are you cognisant of the life-time value of a client? If by nowadays you have not granted a good idea, it’s time you do at present. Customers are the king. (more…)
Your business’ actual workmans comp insurance premium is based on the annual workmans comp audit performed by the insurance company. This insurance premium can change dramatically from the estimated insurance premium used for your original policy.
To expedite the process, assign one person as the sole contact for the auditor. (more…)
If you’ve ever had to run a business then you’ve dealtwith workers comp insurance companies. Having to deal with the constant threat of increased premiums will make any employer paranoid.
No doubt you already realize that there are many things that can occur in your company that can cause the workers comp insurance companies to increase your rates. (more…)
I know, you have probably heard it a hundred times before: “Outsource your work. Let others do the work for you while you concentrate doing the things that You are good at.” There’s a reason that you hear these things over and over again… because it’s TRUE! (more…)
Cutting your software costs
I want to help you save money and I am never going to ask you for anything in return.
Every year I save thousands of pounds by not spending any money on software. I wanted to find a more economic way of getting systems for my business - a move inspired by the NetSuite pricing in a quote I had received. (more…)
small business erp,erp for small business
Commercial organisations need effective process, the focus of leadership and structure that can stretch to enable the business to grow safely as a massive 55% of businesses fail in their first five years of existence. The observers offer banal opinions as to why this occurs. I consistently see three key reasons why this tragedy occurs so often and to so many people with different backgrounds, qualifications and skill. (more…)
sage software,sage accounting software
I have been perplexed for a while with my accounting and I wanted to share with you a shortcut that I uncovered after a lot of trial and error. Everyone who starts or runs their own business has ‘higher priority’ things to do with their time than spend hours on their accounting. All companies have to be committed to doing their bookkeeping if they want to avoid disaster. (more…)
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