Cut out the excess fat on your costs

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.

Mythbusters: Business networking might not generate sales

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.

Joint Ventures – What are the best options?

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.

Top ten business applications for Android phones

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.

Michelle Dewberry: failing to evolve your business is planning to fail

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 brings unlimited calls to businesses for £15 per month

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.