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How to Develop a Stable Revenue Stream
While there are many ways to make your business more attractive to consumers, money talks, and everyone is trying to find ways to save money and increase their income. Developing a stable revenue stream is essential. In this article, we explore how to attain financial resilience. We also look at corporate philanthropy and how it…
Support Mechanisms for Businesses on Their Net-Zero Journey
We are all aware of the dire need to address climate change. The media repeatedly states that SMEs are critical to achieving the country’s net-zero target. Yet businesses on their net-zero journey feel overwhelmed and undersupported by the government in this endeavour. In addition, environmental, social, and governance criteria (ESG), seen as a critical component…
Circular Economy
The term circular economy is not new, and there is some debate as to who came up with the original concept. As with many ideas of its kind, the concept likely evolved concurrently as different factions strove to develop a more sustainable economic model. Definition of Circular Economy In their 1976 report for the European Commission, Walter…
Problem Solving – Global Shipping Crisis
The global shipping crisis presents an unpredictable variable overhead for many businesses. With shipping costs increasing daily and the availability of stock remaining uncertain, fixing delivery costs and timeframes are problematic. And this is something that looks set to continue over the next 12 months. The impact is proving crippling for many businesses. As a…
Managing Uncertainty – How to Promote Financial Stability
The business world has begun to return to normal operations. However, the full impact of the past 18 months is still to be seen. At present, the financial sector is predicting an increase in inflation over the next few years although we are living in a time of extreme uncertainty. When facing such challenges how…
Accessibility – Is Your Business Genuinely Accessible?
There are so many considerations for businesses in the 21st century. We strive to make ourselves more agile, lean, sustainable, and accessible, and not least of all profitable! However, many of these factors are linked, and recognising that is crucial. What is Accessibility? Accessibility is essential for everyone, individuals, businesses, and society. Accessibility means that…
Maturity Mapping
A useful process for assessing the state and efficacy of an aspect of your business is to create a maturity map. This helps you to understand how you are addressing a problem, and identify how you can make improvements. Maturity mapping can and has been applied to many aspects of a business. Accounting for Sustainability…
Mental Health at Work – Here’s How You Can Help
In this article, we explore how to promote good mental health at work. Mental health is a complex issue brought to the forefront in recent months. Yet, it is a difficult subject to consider. The prospect of mental health issues is disquieting, whether you are experiencing them yourself or trying to support others. As mental…
Business Finance Options
Many SMEs have needed to utilise finance options over the last year and a half to survive the challenges that the pandemic has presented. Nevertheless, finance can be a solution to support businesses at any time. In this months blog, we want to look at business financing, and other options to ensure your business succeeds and grows…