Dealing with toxic employees in the workplace

Running a small business comes with its own unique set of challenges, and dealing with toxic employees is undoubtedly one of the trickiest. A single troublesome team member can disrupt productivity, affect team morale, and ultimately harm your business’s success. Knowing how to handle such situations effectively can turn things around. Let’s look at the types of toxic actions, how to address them, and provide practical steps to manage these…  Read more

Why you should have a contingency plan

From terrorism to fire, from extreme weather or earthquakes to cyber-attacks – how would your business cope if it was affected?  Would your staff know what to do? Would you be able to keep trading? Having a contingency plan is not just a precaution; it’s a necessity. Small businesses need to be prepared for a range of scenarios. Without a solid contingency plan, your business could face significant setbacks or…  Read more

Choosing the right accounting software for your small business

Selecting the right accounting software is a crucial decision for your small business’s financial health and accuracy. With numerous options available, this process can seem daunting, but making an informed choice is essential to streamline operations and mitigate risks such as financial fraud and regulatory non-compliance. Introduction The challenge of choosing appropriate accounting software stems from the need to balance functionality, ease of use, and cost-effectiveness. As cloud computing continues…  Read more

How transparent is your pricing?

Navigating the current economic environment can feel like an uphill battle, especially in relation to your pricing strategy. Globally, economies are experiencing an inflationary environment. In the US, for example, average prices have surged by over 20% since the start of the pandemic, significantly influencing consumer price sensitivity. With inflation becoming a part of our daily lives, your potential clients—regardless of industry—are likely to take more time to invest and…  Read more

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