A recent study by the Chartered Institute of Personnel & Development concluded that making job cuts should be the last resort in the current economic downturn, after revealing that the cost of laying off an employee could be more than £16,000. Against this another study revealed that 69% of Financial Directors feel under pressure from board colleagues to find more ways to cut costs.
New research reveals businesses could do much more to reduce their business expenditure as it isn’t just MPs and Cabinet Ministers that should have an eagle eye on their expenses. The same goes for businesses throughout the UK.
Businesses can benefit from being able to search for low cost online legal documents from a range of providers with the launch of APOD – The Association of Publishers of Online Legal Documents.
Why do so many people struggle to attain a real return from all of their networking activities? There are a host of possible reasons but I thought this might be a good time to share some ways in which you can get more of a return from your networking.
Business networking specialist Andy Lopata takes time to shatter a few illusions, as networking groups do not produce referrals.
That may disappoint a few people who have spent a lot of time and money joining groups in the hope of generating new business. Hours spent at breakfast meetings, lunches and chatting over canapés when you could have been watching The Apprentice…..all wasted.
Businesses across all industries often look to collaborate with others for mutual advantage. It could be the pooling of resources for R&D; an investment agreement in which one party contributes cash while the other provides technical expertise; or a more complex arrangement involving a separate company with its own funding, management and staff.
Mobile devices using the Android operating system remain a largely untapped resource for many businesses and yet have great potential to benefit and add real business value to the way staff work on the move. And with 3G networks offering high-performance internet connectivity, it makes sense for companies to consider using this technology and capitalise on the business-orientated tools, apps and resources it makes readily available.
Charlie Mullins has hit out at the ‘excessive’ boardroom habits of UK businesses, saying firms need to adopt a ‘less talk more work’ attitude if they are to survive the downturn.
Charlie Mullins, managing director of leading independent plumbing firm, Pimlico Plumbers, has slammed controversial plans by British banks, which could see cheques abolished by 2018.
Video Arts, the training company started in 1972 by John Cleese and Sir Anthony Jay, who wrote the Yes, Minister TV series and is renowned for entertaining films that use humour and well-known actors to deliver essential training messages has created a new licence that lets small and medium-sized companies cost effectively use digital versions of its best-selling titles.
Gone are the days when we could all set our watches by the clatter of the letterbox. The reality now is that despite the rising cost of mail, the service that was once at the core of British industry is now a thing of the past. The recent postal strikes have cost UK businesses an estimated £1.25 billion, money that companies can ill afford during the country’s longest recession. Whether you are a sole trader, an SME or a company who employs hundreds of staff, each and every one of us has been affected by it.
BT has announced it is the first UK communications provider to offer unlimited fixed line calling packages for small businesses. The high value BT Business One Plan Inclusive packages offer unlimited calling minutes to UK landlines, UK mobiles, international destinations and 0845 and 0870 numbers for a fixed fee of £15 per month. This fee is further reduced to £12.50 per month if customers take the unlimited package on a VoIP line and on the face of it represents significant savings for small business.