Telling the truth about SME life today

P11D Form

What Is A P11D Form?

The term “P11D form” is typically a catch-all term for the multiple documents required by HMRC for businesses or limited companies that grant benefits in

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Business contract

How Businesses Should Approach A Hyperlink In Contracts

With businesses more likely to use digital contracts, the potential for confusion has multiplied. Terms can now be hidden away in a hyperlink, and the signatory is expected to read all the terms linked to, even when these could be open to change or too general for certain parties.

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RFP Meaning in Business

RFP Meaning In Business

As a business owner you might have heard of RFPs before, which stands for a Request for Proposal. Understanding business processes and documents when you’re

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How To Begin A Charity Or Foundation

Foundations are not just the preserve of the mega-rich. If you want to share the profits of your business and make an ongoing commitment to philanthropy, here are five tips for setting up a foundation.

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pitfalls in strategy

10 Pitfalls In Strategy

Chris Outram has been a strategy consultant for more than 30 years and the founder of OC&C Strategy Consultants. Here are the ten things he’s learned in those three decades.

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Absence Management

Reasons To Call In Sick

As advanced as technology and medicine are today for work and productivity, many common and rare illnesses can’t always be avoided. It is not illegal

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Business vs company

Business vs Company

For many, the terms “business” and “company” are used interchangeably in everyday conversation. This is understandable – both have many similarities, such as their commercial

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Tax-free bonus to employees in the UK - What you need to know

Are Bonuses Taxed UK?

As an employer, there may be many instances in which you want to provide your employees with some sort of bonus and find yourself asking

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Working for Great Organisations

5 Best Companies To Work For In The UK

Top companies usually have one thing in common: killer perks for workers. However, Real Business found that employers who treated staff well often didn't need to rely on flashy perks, while those who treated staff poorly often ended up included in class action lawsuits.

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Examples of copyright infringement

Copyright Infringement Examples

Lawsuits often stem from copyright infringement, plagiarism, or inaccurate details surrounding true events. In some cases, a lawsuit is wrapped up quickly, but here several famous copyright infringements that led to legal action.

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limited company meaning

What Is A ‘Limited Company’?

Key Characteristics of a UK Limited Company Distinct Legal Business Identity Unlike sole traders directly representing their businesses, limited companies establish unique legal entities separate

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Business finance spreadsheet

Businesses And PMT

The business world is filled with acronyms and business jargon that can leave even the most business-savvy amongst us scratching our heads. As a business

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What is Business Administration?

What is Business Administration?

Business administration is the coordination of different roles to achieve the objectives of a company. Business administration is primarily linked with increasing the efficiency, growth,

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Where SMEs go wrong building workplace culture

The key to maximising energy in the workplace

The energy within a company is also equal to the management of a company times the culture squared. While this equation might sound as dense as Einstein’s theory, by breaking it down, businesses can unlock their potential for success.

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How to keep cash flow positive

How to keep cash flow positive

Determining your business’s financial success and stability is crucial, and calculating the operating cash flow is an essential tool for achieving this. The operating cash

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Unethical Practices in Business & How to Avoid Them

Unethical Business Practices

Examples of unethical practices in business include Bribery; misuse of confidential information; false advertising; bullying & harassment and discrimination. They should have no place in

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Umbrella Pay

Umbrella Pay

Umbrella Pay might sound like it is money to keep for a rainy day but it is payment from a company, referred to as an

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what are the roles and responsibilities of hr executive

HR Roles And Responsibilities

HR, an acronym for the human resources department, play a large role in organisational development. HR roles and responsibilities differ, but overall every individual working

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What Does CEO Stand For?

What Does CEO Stand For?

What does CEO stand for? CEO stands for Chief Executive Officer and it is the title of the highest-ranking executive officer within an organisation. Holding

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SME meaning

What Is An SME?

SME is an abbreviation for Small and Medium-sized Enterprises. The typical SMEs have below 250 employees with less than £45 million in turnovers. However, they

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What Is The VAT Threshold For Small Businesses

VAT Threshold 2023

There is a VAT threshold for every small business that is set by HMRC and can vary. Once taxable income exceeds the value set for

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Staff drinking at work – The problems created

This Alcohol Awareness Week 2021, Real Business finds out what it means for the workplace to embrace a company culture which doesn’t involve social drinking habits, and what business owners can do to facilitate those who don’t drink within their workplace social events.

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exit strategy

Why Entrepreneurs Need to Forget About Their Exit Strategy

So, you’ve got an awesome business. After a couple of years of incredibly hard work, things are finally going great. You’ve got backers. You’ve got customers. And now, for some reason, all you can focus on is creating an exit strategy. It’s what the industry tells you that you need to do. But it just doesn’t make sense. At a time when startups are feeding the economy, we need a shift in focus. It’s time for entrepreneurs to stop obsessing over their exit strategy and build a great company instead.

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chatbots

3 Reasons Why Chatbots Could Boost Your SME Conversions

In the wake of a global e-commerce boom, online retailers and service providers have seen an influx of traffic to their sites as consumers switch to the high street for a digital future.

As SMEs battle it out to appear in high-ranking searches and grab the attention of a demanding demographic, user experience has become a key factor in a successful marketing strategy post-Covid.

In order to remain popular amongst a sea of competitors, marketers are striving to put the consumer first. From conversational marketing to accessible UX design, success in 2022 is all about personalisation and one-to-one connections with potential leads.

This is where chatbots come in. In 2021 alone, experts at Invesp reported that over half of all consumers globally used a chatbot when interacting with SMEs online.

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crypto options

How do Crypto Options Work?

Trading crypto options is a very powerful investment tool. You can use them to generate income or for hedging purposes, like any other derivative. Although these trade options are relatively new, they are already becoming quite popular with traders who want to speculate on the value of cryptocurrencies without buying and holding them for an extended period. In this article, you’ll learn what crypto options are, what you can do with them, and how they work!

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Here Are 9 Tips to Improve Copy Trading

Social trading is a relatively new phenomenon in online investment and has gained significant traction in recent years. For the uninitiated, copy trading refers to copying the investment portfolios of other, more experienced investors.

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esg risk management

Why Data is the Key to Unlocking ESG Risk Management

Today, companies are receiving an influx of requests from customers, investors, and regulators to manage a wide range of environmental, social, and governance (ESG) risks. Earlier this year, the UK’s Financial Conduct Authority announced plans to regulate ESG rating providers, while the USA’s Securities and Exchange Commission may also be introducing rules on ESG information. It’s never been more important for companies to respond to and manage ESG issues, despite the pressure this can place on business resources.

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employee engagement

Employee Engagement in the Experience Economy

Today’s job market is dictated by its workers. The level of competition for the brightest and best is so fierce that those making up today’s top talent are able to name their price and motivational incentives, with a variety of job offers usually on the table. With organisations competing against each other more than ever before to attract and retain the most suitable candidates, the importance of the Experience Economy has been highlighted, with employee engagement at its core.

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site performance

Why Your Web Host Matters: Is It The Key To Improving SME Site Performance?

The SME scene is booming in 2022. With more online entrepreneurs than ever before, getting a site up and running amongst a myriad of competition can be tricky. 

As we step into a digitally dominated future, site performance is the key to small business success. While UX/UI design, site SEO, and CX personalisation demands drive the online strategies of tomorrow, business leaders must also consider their web hosting platform in their battle to the top. As of 2021, 1.2 billion hostnames were registered online. Prioritising a web hosting solution has not only become vital in maintaining a robust online presence but investing time and money into professional platform hosting comes with a vast number of benefits ranging from improving site loading speed to boosting a company SERP score.

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smart1 recruitment

Smart1 Recruitment: Going the Extra Mile with Mike Harper

Recruitment has been the number one challenge for many businesses across the UK in 2022. Real Business sat down with Mike Harper from Smart1 Recruitment to discuss how he and his wife are working to make a difference in the world of recruitment by going the extra mile for both their candidates and their clients.

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Don’t Sleepwalk into Disaster, Act Now to Future-Proof Your Business

Pressure is mounting on Britain’s power companies as calls for ministers to hit electricity generators with a windfall tax grow ever louder amid the soaring cost of living crisis. With domestic energy bills expected to jump more than 40% and fears that 30-40% of households could end up in fuel poverty in the coming winter, energy companies cannot ignore the pivotal role they play in supporting the nation through these stormy times.  

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average human attention span

In B2B, Brevity is the Business

I have about seven seconds to get your attention – if I’m lucky. So while I’ve got it, let me tell you about something that’s close to my heart: If you can’t explain what your business does and why anyone should care within the average human attention span, it’s not just time you’re wasting. It’s customers too.

Give me a few more seconds and I’ll explain.

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What Should Real Estate Investors Be Doing Now and Has the Market Hit Rock Bottom or is Now the Time to Buy?

Following many years of housing prices soaring and competition steadily increasing, real estate growth has finally started to slow, likely caused by the cost of living crisis and mortgage rates that are continuing to climb. Year on year, real estate prices have seen rapid growth with The Land Registry saying they rose by 12.8% in May. So what’s the best move? Property investor, Korosh Farazad, explains whether now is a good time to invest or not.

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tech launch

Why Personal Experience is the Key to Tech Launch Success

Santiago Schmitt first started working on the idea for a business that would make his mum’s weekly online grocery shop easier when he was just fourteen years old. Although the concept was far from developed then, at the age of eighteen he launched his product – a browser extension called FoodLama.

FoodLama makes online grocery shopping with dietary preferences, allergies, and intolerances easier – all while sitting on top of grocery sites. By automatically showing users the products that fit their requirements as they scroll, and by making personalised recommendations on the go, FoodLama aims to bring ultra-personalisation to grocery shopping.

Here, Santiago reveals how his personal experience helped his startup become a success.

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procurement

The Rise of the Digital Procurement Officer

It’s fair to say that the past few years have not been kind for procurement and supply chains. From geopolitical challenges and Brexit to a global pandemic and rising costs, businesses have had to cope with several unique issues within the supply chain.

Once-in-a-generation black swan events have become a constant barrier of disruption, putting greater pressure on the role of Chief Procurement Officers (CPO) to ensure continuity and instill greater resilience.

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investing in well-being

Investing in Well-being to Stem the Tides of the Great Resignation

Employee turnover has become a major concern for HR professionals and business leaders, and it is impacting how they are able to strategically plan to meet business objectives. One recent study found that 38% of workers plan to switch jobs in the next 6 to 12 months. This could cost UK businesses up to £17 billion. The Great Resignation affects all businesses, but the costs are especially high for small and medium enterprises (SMEs).

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financial forecast

Planning for the Future: 5 Tips for Building a Robust Financial Forecast

Although the immediate implications of Brexit and Covid-19 are behind us, the long-term repercussions are still being felt by small businesses, thanks to supply chain delays, stock shortages, and an increasingly competitive talent landscape. So how do we as business leaders plan for the future during periods of such turbulence? For some, the idea itself may seem counterproductive. After all, how can we look ahead with any certainty?

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The Hidden Cost of the Four-Day Working Week

Employees want flexibility but the four-day working week isn’t necessarily the answer, as senior recruitment expert Huw Martin warns it is not a bandwagon suitable for all businesses. The pandemic created a sea of change in terms of where and how we work and workers are rightly calling for more flexibility, a better work-life balance, and more choice in deciding when, where, and how best to do their jobs. So is the four-day week the natural next step as we move towards a fully flexible workforce? Or are organisations forgoing flexibility and nurturing workplace culture to capitalise on the buzzword of the moment?

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5 Types of Sales Enablement Content You Need for Your Business (and Tips on How to Create It)

If you’re a marketer putting together content to create brand awareness, you might think sales enablement content sits outside of your remit – or at least, that it comes to a few steps further along in the customer journey. But, when it comes to content creation, keeping marketing and sales teams separate can be a mistake, and in fact, means both are losing out. In this article, we’ll look at five types of sales enablement content, as well as tips for creating it and integrating it with your content strategy.

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How to Grow Your Business Organically

When it comes to launching a business and running a startup, the word ‘funding’ is often hot on everyone’s lips and for many, they consider it to be a prerequisite to compete in the startup industry.

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Why a Mid-Year Review Can Set Your Business Up for Success

Businesses are feeling the pinch of inflation and the cost of living crisis, just as they are still recovering from the pandemic. Add into this the current turmoil in government and the rest of the year looks likely to be an extremely challenging operating environment for many.

One proactive thing that business leaders can do to ensure their company is in good shape for the rest of the year is to conduct a mid-year review.

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growing a small business

How UK SMEs Can Effectively Navigate Some of the Biggest Challenges Impacting the Economy

Operating and growing a small business is never easy especially when economic and geopolitical uncertainties persist that are new to many entrepreneurs. While removing all COVID-19 restrictions was a sigh of relief for many small and medium-sized (SME) UK businesses, just as economic activity picked back up, the invasion of Russia into Ukraine put the world into a state of shock yet again.

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business model

What Is A Business Model?

A Business model is how an organisation will generate revenue, it’s service offering s, key activities, funding avenues, the resources required and customer breakdown.  There

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Does Your Business Need Learning and Development?

A couple of weeks ago, one of our clients – a travel technology company with global operations – told our team something that we wouldn’t hear a few years ago: learning and development opportunities have become a key aspect of their retention strategy.

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automation

Keeping Things Personal: Automation in Recruitment

In the wake of the pandemic, which accelerated the pace of digitisation worldwide at an unprecedented rate, technology has revolutionised businesses in every sector. The recruitment industry is no exception. The developing capabilities of technology like artificial intelligence (AI) and applicant tracking systems (ATS) help automate the most time-consuming recruitment tasks and allow employers to more efficiently refine candidate shortlists.

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Drive to De-Risk and Crystallise Value Spurs Interest in ‘Cash-Out’ Opportunities

Against the current economic backdrop, and with a potential recession looming, business owners with significant wealth tied up in their companies are looking to de-risk their positions. Some are weighing up ways to crystallise part of the value they have created by selling a portion of their shareholding to a private equity sponsor. These kinds of private capital-backed ‘cash-out’ deals are becoming more common these days.

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The Freedom of Freelancing: Why Businesses Shouldn’t Fight the Rise of Independent Careers

The professional status quo has been well and truly disrupted. In particular, the pandemic gave the global working population a chance to re-evaluate their values. Whether greater autonomy, a complete change in direction, or more flexibility, many realised what they want from a career. We are seeing the result of this mindset shift via the so-called Great Resignation, and employers have felt the brunt.

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Celebrating British Excellence with Sarah Austin

Sarah Austin had a nearly fifteen-year-long career in corporate event management, including a highly respected position in an FTSE 100 company. Now, she’s the proud Founder of Sarah Austin Events, the company that celebrates the fantastic, innovative work of companies across the UK with the British Business Excellence Awards.

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7 Ways to Combine Email and Facebook Marketing

In the past, digital marketing took a blanket approach to lead generation that was sometimes obtrusive and annoying. On almost every forum, platform, and web page, users were bombarded with blaring banner ads or videos that started before the page was even fully loaded, and they almost always played too loudly at the most inconvenient times. Here are our favourite ways to combine email and Facebook marketing.

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remote working

Has Remote Working Changed B2B Purchasing Forever?

There’s a significant power shift happening in B2B purchases, with the pendulum swinging firmly in the employee’s favour. With 82% of corporate purchasers wanting the same experience they have as consumers, long gone are the days of having to phone up the only trusted provider for some new stationery. Staff want to control who they buy from and when. For most, price is second to getting the best product or services as soon as possible.

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pitch deck design

Pitch Deck Design Trends and Top Tips for Making Your Pitch Deck Stand Out

Pitching your business to investors often requires a pitch deck. Pitch decks typically contain between 10 to 20 slides and are designed to tell investors about your story, your brand, and your vision. Presenting a powerful and professional pitch deck can be the opening you need to secure funding. It’s therefore key that you know exactly what a pitch deck should contain, the best way to make yours stand out, and what trends to keep an eye on.

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Why Your Business’ Credit Score is Failing You

Thousands of small to medium-sized businesses (SMEs) up and down the country are facing significant financial hardship. Inflation is at a record 40-year high, and the cost-of-living crisis is putting extra pressure on business owners. For many, just staying afloat is now a real challenge. For many small business owners, access to credit is a necessary part of business management, such as easing cash flow processes. And in today’s economic climate, many are turning to credit to weather the storm.

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Super Apps are the Way Forward for Modern Parents: Interviewing the Creator of Onoco

We are exploring the world of parenting technology with business owner and entrepreneur, Margaret Zablocka. The rise of super-apps and digital tools that support the modern family has created a whole genre of family-centric apps that aim to serve working parents and blended, multi-carer family structures.
Real Business interviewed Zablocka on her market-leading app, Onoco, which blends AI technology and child development research to help families establish healthy routines.

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Is ‘Buy Now, Pay Later’ a Good Scaling Solution for Businesses?

Buy Now, Pay Later (BNPL) is on the rise within business-to-business (B2B) transactions. BNPL is a highly regulated financial model that can facilitate more freedom for its users; businesses can spread the costs of purchases, growth, and internal investment instead of operating within the rigidity of the consumer financing model.

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HYBRID WORKING

No Policy in Place? Sorry, but Your Hybrid Working Will Fail

From business growth to onboarding, the vast majority of business processes are driven by a policy. While ‘policy’ often prompts drab visions of rules and restrictions, underpinning such processes is vital to their effectiveness. Hybrid working is no exception – formalising hybrid working with an accompanying policy is critical to its success.

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Financial and Funding Business Contingency Planning with Kevin Harfield – MD JamesField Executive Limited

Perhaps one of the biggest challenges for directors/ business owners and entrepreneurs face is being aware of both financial and funding options to safeguard the business during periods of growth, consolidation, and difficult trading periods, particularly during economic downturns, but also unexpected challenges. Kevin Harfield, Founder of James Field Executive, has over thirty years of experience supporting business owners across many sectors to protect their businesses by advising them commercially with clear financial and funding strategies, and many innovative and bespoke solutions for that business/sector.

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The Pitfalls of an Unpaid Graduate Programme

Last year, job vacancies in the UK hit the highest levels since records began – across all business sizes and industries. Almost nine in 10 managers (89%) say their business currently has vacancies and more than half (55%) state finding new staff is harder now than before the pandemic.

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chargeback prevention

Chargeback Prevention in Real-Time: Myth or Truth?

Sad but true: no merchant is 100% safe from getting chargebacks. In the world of all-encompassing online financial services, chargebacks are bound to happen – whether they are legit or fraudulent. Other chargeback-related issues are also rising: fraud cases grow, and new regulations are being implemented, putting businesses in jeopardy.

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inflation

Tackling Inflation As An SME: 5 Strategies For Corporate Success

It’s no secret that inflation is on the rise. After the annual inflation rate across the United Kingdom rose to 7% in March 2022, Brits are seeing their highest price hike since 1992. In response, we have explored five key strategies that could be crucial to small business success on the back of inflation’s profit pressure. Read on as we delve into the effects of price rises on an SME landscape and discuss the small changes small business owners should make if they want to stay afloat. 

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Preventing a Wage Spiral: How to Balance Talent Retention and Recruitment Post-Pandemic

The Great Resignation has presented a huge challenge for businesses that now have to balance retaining skilled talent with attracting new ones. As workers evaluate whether to stay with their current employer or move on, a Totaljobs survey reveals that 33% of UK working-age adults wish to review the current benefits and options their role offers. Therefore, organisations must take urgent steps to help them retain staff and succeed in recruiting – all whilst preventing an unsustainable wage spiral.

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neurodiverse recruitment

Hiring in a Neurodiverse World

Traditional hiring processes are not designed with neurodiverse candidates in mind. In fact, just 22% of autistic adults are in any kind of employment. But what businesses don’t quite understand is that having a neurodiverse workforce contributes to greater creativity and innovation, and encourages more unique ideas and perspectives. Evidence also suggests that neurodiverse employees have higher aptitudes for technical skills, as well as their ability to focus on tasks at hand.

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E-commerce and Social Media: A Changing Role

Social media has become a significant player in e-commerce, and it’s not just because it’s the platform of choice for millennials. More people are starting to use social media platforms to make purchases, ask questions, hunt for coupon and promo codes, seek help with returns, shipping issues, etc.

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loneliness

How To Beat Loneliness In The Workplace

With Mental Health Week upon us, it is a timely moment to think about the way in which your business supports employees with mental health and wellbeing in the workplace. This is particularly the case in the light of recent changes that many have seen to their working model following COVID-19 and the growth in remote working.

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How To Get Started In Property Investment

The UK property market has always been one of the most popular markets to invest in, as it remains a clear opportunity to build long-term returns. Popular with new business owners and experienced investors alike, while recent property forecasts suggest the UK could see prices grow by 21.5% up till 2025, UK investing remains a reliable opportunity for maximising returns amidst low-interest rates and incredible demand.

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sustainable transport

How the Move Towards Cleaner Transport Fails to Address Safety

Sustainable transport solutions are constantly in the headlines as a means to fight climate change, but there is a missing link. People’s safety perceptions and risks need to be addressed. Failing to do this will reduce their adoption of alternative forms of sustainable transport – and the environment will pay the price. 

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cheesgeek

Conquering Dragons’ Den with cheesegeek Founder, Edward Hancock

Real Business chats with cheesegeek Founder and successful Dragon’s Den candidate, Edward Hancock, about making the leap from finance to food and his experience on the popular BBC show. Hancock launched cheesegeek in 2017, an online subscription service for the best cheese selection to suit any occasion or cheese lover’s tastes.

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demographic

How Small Businesses Can Capitalise on Demographic Changes

While we’d all hoped that 2022 would bring some respite to UK small business owners, the next few months look set to present a whole new set of challenges as inflation continues to rise. Amidst this disruption, prioritising anything beyond the day-to-day of keeping a small business afloat seems daunting. Marketing and growing new customers can easily fall by the wayside.

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business reputation

Branded Content Can Be Key To Protecting Your Reputation

For a lot of businesses marketing and PR is often seen to have one ultimate goal – drive sales. The equation is simple, the more people who see your brand and are engaged by your message or content, the more likely they are to buy from you. But there is another side to communications that we talk about less – reputation management.

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IP Disputes – What Should SMEs Consider?

This March, UK supermarkets Waitrose and Asda became embroiled in the latest IP dispute, with Waitrose sending a legal letter to Asda after it released a discount product range that looked – well, suspiciously similar to Waitrose’s according to the supermarket.

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Eskimoz Conquers the European SEO Market

It is no wonder that Eskimoz has been able to conquer the European search engine optimization market. From 17 million euros raised by Momentum and more than 100 consultants working for them across 5 countries – they are truly a force in this industry.

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innovation

Reducing the Risk of Innovation in B2B

The world is changing so rapidly that even established businesses need to act like a startup. Operational efficiency and agility have become the prerequisite for long-term success. B2B businesses must demonstrate to their end customers that they can deliver a quality product today and focus on developing their resources, systems, and capabilities to remain competitive well into the future. 

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grief rituals

Why Leaders Should Consider Grief Rituals in the Workplace

We’ve seen two years of relentless grief caused by the coronavirus pandemic, and the world is now truly shaking as the horrors in Ukraine unfold. The despair and anxiety has been so persistent that there’s a danger we could become numb to it. We constantly look at the news feeds, but we do not feel their horror. They are data, and we remain detached.

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TikTok for Business: How to Market to Millions

Rob Neander, the Performance Director at Spin Brands talks through how your SME can capitalise on the social media platform taking the consumer by storm. Acting as one of the most valuable marketing tools, Rob Neander tells us how we can take the next step in marketing to millions.

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How Has COP26 Affected The Corporate Sector Six Months Later?

As we reach the six-month mark on the back of COP26, it’s clear that the corporate world is starting to hold itself accountable for its sustainable shortcomings. From prioritising bottom-up action to improving company transparency amongst a more active audience, a number of e-commerce giants are working towards a greener future.

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multi-cultural

How Do You Integrate a Multi-Cultural Hybrid Team?

There’s no doubt that the pandemic accelerated some trends which were already in motion before the virus struck. One of which is flexible working, and after two years of living with successive lockdowns and enforced working from home, many SMEs have made the decision to fully embrace working from home and enact policies which mean employees can work wherever they like.

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How Can We Address the SME Funding Gap?

What if we lived in a world of abundance where all our basic needs were catered for? Set against the threats of climate change and geo-political tensions, this may seem fanciful but it has to be the ultimate aim of every nation. And prosperity through SME job creation is an absolutely essential part of this. Therefore, access to finance and the growth of confidence within the sector are the critical components required to achieve that.

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forex

Where is Forex legal and illegal?

While the global forex market is one of the most liquid entities of its type in the world, this sector remains at the mercy of numerous challenges and misconceptions. Incredibly, the practice is even illegal in some jurisdictions, with some authorities believing them to be highly damaging and vulnerable to rigging in the worst-case scenario.

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best tools for creative freelancers

The Best Tools for Creative Freelancers

With 44% of millennials freelancing in the past year and 36% of Gen Z workers freelancing since the outbreak of COVID-19, the gig economy in the UK is growing more than ever. We’ve put together a few recommendations on platforms you could use to make your freelancer projects run smoothly.

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communication system

Can a New Communication System be a Game-changer for Your Company?

Today, all industries are so competitive, that the smallest advantage you can get on other companies from your industry, may make a great difference at the end of the year. Changing your communication system, to one using VoIP, is definitely one of these elements that will make you benefit and add to your revenues. Here is why.

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how to find the right employees

How To Find the Right Employees for Your Company?

A company is only as good as the sum of the qualities of its employees. No matter how great the product or the service it offers, if employees aren’t right, it will be difficult for the company to grow and thrive. Here are a few tips that will help you hire the right people for your company, in the future.

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lewis hamilton

Lewis Hamilton: Lessons in Resilience and Determination

Lewis Hamilton seems to go against the grain of conventional thinking, no emotional outbursts – rather appearing calm, composed, and gentle-natured. There’s no denying his steely determination to succeed, but this seems in stark contrast to descriptions of him as humble, caring, and altruistic – traits not often associated with pioneers.

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digital skills gap

How a Digital Skills Gap Could Be Harmful to Your Business

A lack of digital literacy in any business could lead to higher costs, poor customer experience and low employee satisfaction. Dr Antonio Wiess, Senior Partner at The PSC and author of The Practical Guide to Digital Transformation, outlines what these threats could look like and how to combat them in an increasingly digitised world.

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sustainability

TALA Raises £4.2m in Funding to Champion Sustainability

Grace Beverley might be one of the biggest social media influencer success stories as her fitness fashion brand TALA has taken the activewear market by storm. With her latest announcement, she champions what young consumers are looking for in their clothing: sustainability and affordability.

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Talisker Whiskey

Oldest Pair Breaks Record Rowing Talisker Whiskey Atlantic Challenge

Guy Rigby, 68, and David Murray, 56, have become the oldest pair ever to row across the Atlantic ocean as part of the Talisker Whiskey Atlantic Challenge. Founder and Chair of the Entrepreneurial Services Group at Smith & Williamson, Guy and his crew mate David, Director of Hotsmoked, investor, and sports enthusiast, set sail in December (2021) as part of ‘The Entrepreneur Ship’ to raise money for UnLtd. 

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self-doubt as an entrepreneur

How to Surmount Your Self-Doubt as an SME Entrepreneur

Do you ever have those days where you start to question what you’re doing? Not just whether this, that, or the other decision was right or wrong. But whether you should even be making those decisions in the first place. Externally you might appear bold and confident. But inside, you’re battling imposter syndrome. Because you’re an entrepreneur, and self-doubt is part of the package.

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net zero

5 Companies Committed to Hitting Net Zero in 2022

In 2019, the UK passed a law to bring all greenhouse gas emissions to net zero by 2050. Since then, the Government has launched its Build Back Greener strategy which shows how businesses and individuals will be supported in their transition to renewable energy.

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Hiring process

Social First, CV Second: How Gen Z is Changing the Hiring Process

If you’re older than 25, you’ll still clearly remember the days when recruitment success came down to your application form and interview performance. The hours spent honing your CV were worth it because that carefully crafted document could open doors. Your professional presentation was all that mattered. But slowly but surely, the hiring process has changed.

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ocean club holidays

Ocean Club Holidays: Vertically Integrated, Organically Grown

As travel restrictions are lifted and the UK adjusts to a new normal post-pandemic, many holidaymakers who have missed the sun, beaches, and relaxation of a break abroad are clicking ‘book’ on escapes away. Family owned and run, Ocean Club Holidays, are excited to see the end of the travel bans, welcoming back loyal guests and new travellers.

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private capital

Private Capital Could Help Drive SMEs Forward on the Road to Recovery

Now that those temporary measures are no longer on the table, businesses are having to think about what permanent solutions are available to them to sustain them through the next stage of recovery and growth. Whether further bank lending will be forthcoming on favourable terms, or at all, is by no means certain, as many SMEs found to their dismay after the financial crisis. One alternative funding option worth investigating is private capital. It could be a game-changer for smaller companies.

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rewards

The New Year: The New Loyalty and Rewards Strategy

It is often true for any business that it is cheaper to retain existing customers than to try and attract new ones. Some of the best methods for encouraging customer loyalty is to offer consumers incentives to make repeat purchases or sign up for subscriptions. Using a loyalty and rewards program to drive sales, gather customer data, and improve customer retention is a tried-and-true strategy.

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What Business Owners Need to Know about Workplace Mental Health Support

The third Monday of January, dubbed ‘Blue Monday’, is a day in which many are often more down. Pay day still feels like a lifetime off, and the blues have well and truly set-in. Leading chartered psychologist and founder of ‘Healthy You’, Dr Jan Smith, explains what you need to have in place to support the mental wellbeing of your staff in the workplace.

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enterprise search

Planning to Upscale: How Can Enterprise Search Solutions Support SME Growth?

Keeping a coherent and accurate record of crucial information and important content can be a serious struggle for businesses, especially when working in separate teams and in different locations. This can be especially difficult when you set your sights on upscaling your business, adding more staff, more clients, and potentially more locations. Enterprise search solutions can help you and your workforce access necessary information and data quickly and easily, cutting down the time taken searching multiple systems for the relevant files.

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print magazines

Are Print Magazines Still Viable in our Increasingly Digital Lifestyles?

In the face of rising digitalisation and the popularity of the minimalism aesthetic, the viability of print magazines might be waning as we step into a more sustainable future. The pandemic restricted our ability to browse the supermarket and slip a last-minute glossy magazine with a scintillating title into our baskets, but will we return to picking up a GQ, Cosmopolitan, or Good Housekeeping with our weekly shopping?

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simplify your small business

3 Easy Ways to Simplify Your Small Business For Streamlined Success

The world of entrepreneurship and operating a business is by no means an easy one, so making things as streamlined and easy as possible can only be a good thing. There are small  changes that can be made and systems that can be implemented as a way to try and action this simplification and in the long run will save you time and energy.

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importance of company culture

The Importance of Company Culture for Recruitment Agencies

The recruitment industry has seen change unlike any other year due to the coronavirus pandemic, leading to global skills and labour shortages. With over one in four workers planning to change jobs in what has been deemed ‘The Great Resignation’, securing the right candidate for a job is proving to be difficult.

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burnout

There’s Bias in Burnout, and Things Need to Change

In different workplace settings across the world, the strange and unsettling feeling of exhaustion – known as ‘burnout’ – has taken many workers by surprise. With cases on the rise in our society, following the fallout of a disruptive global pandemic, many have studied the phenomenon of burnout. Interestingly, the problem runs deeper. Burnout is, after all, biased.

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working smarter

4 Tips for Working Smarter, Not Harder

Have you ever wondered why you aren’t as productive as you could be? If so, you’re in the right place because we’re looking at a few surefire ways to boost productivity. There’s lots to cover, so let’s get cracking…

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laptop

Living the Laptop Lifestyle with Social Cactus

When we were told in March 2020 to ‘stay at home’, many businesses were thrust into an unknown world, fortunately for me and my team at Social Cactus Coaching, we have been practiced in remote working since I founded the company in 2017.

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Christmas TV advert

The Competition to Create the Best Christmas TV Advert

The hype that surrounds the release of Christmas adverts from brands like John Lewis, Waitrose, and Marks and Spencer signals the start of the festive shopping experience, as retailers fill their TV slots with short film-like adverts that seem to be getting bigger and more expensive each year.

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virtual event

How To Crush Your Virtual Event

The pandemic shut the doors on in-person events and businesses had to adapt fast. Virtual events became the go-to option and proved incredibly effective. Now, a shift in approach appears to be staying for the long term, with one UK survey finding 72% of businesses will maintain virtual events going forward, and 77% will pursue a more hybrid approach.

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How your SME can capitalise on the Festive Season

It is clear that Christmas is the most wonderful yet hectic time of year for businesses. As the reindeers rally to Santa’s sleigh and the elves get to work, the excitement builds alongside the influx of anticipating consumers wondering what your SME has to offer.

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team building ideas

5 Unique and Engaging Team Building Ideas

Team building, whether for the workplace or with family and friends, is an excellent way to strengthen interpersonal relationships while strengthening a variety of essential skills. After all, teamwork is known to increase deep learning through human engagement, problem-solving, dialogue, cooperation, and collaboration.

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skills shortage

The Skills Shortage Creating a Crisis in the Jobs Market

UK companies are always on the hunt for high calibre, talented recruits with a broad range of skills. As companies continue to expand roles to maintain profit margins, the fallout from COVID-19 has created a unique situation of highly marketable candidates that are difficult to attract.

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Starting Out in a New Market

Founder and CEO of Alicia J Diamonds, Alison Cooper talks through what you can do as a business owner to start in a new market through the art of innovation and strategic planning.

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6 Tips for Selling your Business

If you’re planning to sell your business, for whatever reason, it is absolutely crucial to ensure that you start planning early. To attract the highest possible interest, it makes sense to put in the hard work as soon as possible to make your business appealing to prospective buyers.

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cybersecurity

Cybersecurity Business Leading the Charge Against Business Threats

Despite the prevalence of cybercrime and the cybersecurity industry, many UK SMEs do not have the right protection in place to safeguard their business and their customers. That’s where companies like Computer Network Defence Ltd (CND) play a vital role in helping small UK companies build the tools and knowledge they need to trade safely in the increasingly digital world of business.

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Talisker Rowing Challenge

“The Entrepreneur Ship” Takes on the Talisker Rowing Challenge

The Talisker Whisky Atlantic Challenge is known as “the world’s toughest row” with participants rowing over 3,000 miles from the Canary Islands to Antigua. Perhaps not a situation many entrepreneurs find themselves in but Guy Rigby and David Murray, the team members of “The Entrepreneur Ship”, decided to take on this immense challenge last year and are soon set to row the massive distance as the oldest (combined age is 124) team to complete the journey.

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Speaking your Mind as an Introvert in the Workplace

You may have never experienced being in a boardroom, with the overwhelming feeling of paranoia that you aren’t speaking enough or like you are coming across as being disinterested in the conversation. However, for us introverts this is a daily struggle. Training consultant and Founder of ‘Flourishing Introverts’, Joanna Rawborne has over 24 years experience working with those who struggle with just this, and she explains her tips on what you can do to speak your mind when you feel like it’s “just not the right time”.

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rising rent

Could Rising Rent Prices Force Out SMEs?

Rising rent prices are increasing at a pace we haven’t seen in over a decade. The high rent costs could become unsustainable for small businesses with bricks-and-mortar stores or offices in London and other major cities.

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wages

The Rising Wages Impact on Small Businesses

Last month, it was announced that next April (April 1st, 2022) the National Living Wage and National Minimum Wage are set to increase. Subsequently, this has had a knock-on effect with the Real Living Wage now being raised to £9.90 for the 300,000 employees whose employers have voluntarily joined the scheme.

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Black Friday Success: Ditch the Discounts and Get Creative

Real Business predicts what Black Friday will look like in 2021 and recommends what you should be doing in order to compete in the saturated market of retail. Now considered one of the most significant shopping events on the retail calendar, there is no denying that UK small businesses’ must not ignore the novelty despite it being over-exhausted by online retail giants.

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ESTA

Doing Business in the USA: ESTA or Visa?

The USA opened its borders again on 8 November, meaning business trips and holidays to The States are possible again. Here, we’ll briefly go over what travel permit you need for a business trip to the US: an ESTA or a work visa.

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The Pros and Cons of Prioritising Growth over Profitability

Entrepreneur and leader, Jessica Kruger discusses why it’s time to stop focusing on profitability and more on growth. Ultimately, the growth of a company is the point where you are reaching expansion and allows for you to seek additional options in order to generate more profit. So, if you aren’t considering growth within your business strategy maybe it’s time you should.

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facebook to meta

Facebook to Meta: The Risk of Rebranding

Just as another Facebook scandal hit our news waves with former employee Frances Haugen imploring regulators to take serious action against the social media giant, the company did their best to play the ultimate reverse card. A total company-wide rebrand. It unfortunately and understandably fell flat.

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community champions

How Businesses Thrive as Community Champions

Admittedly bittersweet, the past eighteen months have reminded our, at times, fragmented world of the power of community engagement and what we can achieve when working together. Neighbours pulled together to support vulnerable community members, be it picking up their shopping or checking in regularly by phone; schools and other public institutions flung open their doors to act as vaccination centres; we stood together, weekly, to recognise our healthcare system and other key workers.

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diversity-led businesses

Levelling the Playing Field for Diversity-Led Businesses

Entrepreneurship can be extremely rewarding. The opportunity to be your own boss, making money doing something you love or getting the chance to meet like-minded people — these are just the tip of the iceberg when it comes to the benefits of being a self-employed entrepreneur.

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6 Tricks that will Treat your SME this Halloween

The spooky season is the perfect time of year for SMEs; it’s an exhilarating window of opportunity to enhance your business in so many ways. The festivities reaps much more than just tasty treats for enterprises. It can be both profitable and exciting for SMEs that choose to incorporate anything and everything Halloween.

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Why “Going Independent” Means Quicker Lead Times and a Higher Level of Customer Service

Independents have been having somewhat of a revival over the past two years, namely due to the pandemic and Brexit but also thanks to consumers wants and needs for a higher level of customer service, the opportunity to be able to speak to someone and the need for a more sustainable product offering. Managing Director and Founder of Polypouch UK, Stephen Frankel explains why you should consider going independent to improve the logistics of your business.

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The Importance of Prioritising Diversity in Leadership Roles

Recent research conducted by Workday, a leader in cloud applications for finance and HR, in partnership with Sapio, has found that despite the economics issues caused by the COVID-19 pandemic, 75% of UK businesses plan to maintain or increase their ED&I investment and introducing new initiatives to improve diversity and inclusion.

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growing your business

Growing Your Business Through Innovation and Sustainability

Paul Alder, Vistafolia’s founder and expert horticulturist and technical landscaper, details advice on how to promote innovation in a company culture and maximise growth potential. An experienced visionary, Paul is utilising sustainability to innovate a lacklustre artificial living wall market with a fresh product.

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What is a MVP?

What is an MVP?

In the world of business, MVP stands for a minimum viable product. It is a technique that was made popular by Eric Ries when he

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Mindfulness Practices Leaders Should Encourage Their Employees To Take

As we celebrate International Happiness at Work Week 2021, Real Business are encouraging you and your workforce to be happy, starting at the place you probably spend most of your time. Spiritual leader and mindfulness expert, Arika Trimnell gives her take on what you should be doing to be more mindful in the workplace, and how you should encourage your team to be doing them same.

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5 Ways to Increase Your Energy Levels at Work

We believe that one of the main priorities as a business owner is to look after your workforce, and as we celebrate ‘International Happiness at Work Week 2021’, we have been highlighting how you can do this. Renowned Neurophysiologist, Dr Nerina Ramlakhan explains how you can increase your energy levels through the simple things, which can make the biggest difference to you and your workforce’s happiness.

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The Importance of Exercise to your Employees

We all know how important exercise is within our daily routines; not just for our body but for the sanity of our mind too. This is especially true with the busy schedule of our workforce. Founder of The Engagement Coach, Amrit Sandhar, describes the positive impact physical activity could provide within your work environment.

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What Small Businesses Can Learn From Space Exploration

Mission Commander and Billionaire, Jared Isaacman and his team, ‘Inspiration4′, are set to be the first all-civilian orbital mission to space this afternoon, nearly 50 years after the United States’ first space station was launched. What can a small business today learn something from a relatively unknown part of NASA’s Space Program? Dwight Steven-Boniecki, director of the film Searching For Skylab: America’s Forgotten Triumph explains.

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Top Strategies for a Successful Rewards Program

Loyalty and rewards programs can help businesses increase their customer lifetime value and customer retention. In order to, compete with high technology-driven consumer companies like Amazon, Apple, or PayPal, for repeated business and to build customer relationship by providing personalised content or discounts and value for money.

There are various types of loyalty programs but what are some of the key strategies for launching a successful rewards program?

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How to Become a Morning Person

Renowned Neurophysiologist and Sleep Expert, Dr Nerina Ramlakhan explains how you can maximise your working-performance by doing these simple steps to ultimately being a morning person.

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Keeping it in the Family: Top Tips For Running a Family Business

Family businesses have been the backbone of the UK economy for many years. Small local firms that punch way above their weight, larger companies that go multinational, all backed and supported by a strong work ethic, a willingness to succeed and unrivalled dedication to the family and the company. Managing Director and Founder of Polypouch UK, Stephen Frankel finds out what you can do to run a family business.

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Tokyo Olympics: Is Winning All That Matters?

As the Tokyo Olympics are finally about to begin, journalists and sports leaders are formatting their tables to count the number of shiny round pieces of metal that our nation’s athletes bring back. Olympic medallist and business coach discusses the ‘results fallacy’, and how much of an impact the craving to win is really having on the workplace and society as a whole.

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British business disrupted from the dubbed ‘Pingdemic’

A record number of people who have come into contact with an infected individual are being forced to self-isolate, whereby most have been ‘pinged’ by the NHS contact-tracing app. Having already produced significant disruptions for many SMEs and critical services already, the “Pingdemic” threatens to undermine the efforts of the country and it’s 6 million SMEs it inhabits who have tried to keep afloat over the past 16 month.

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Breaking down the ins and outs of partial exits

A decade ago, partial exits were a fairly rare occurrence for entrepreneurs. Buzzacott’s corporate finance director Andy Hodgetts explains why private equity houses in particular have more of an appetite for partial exits, becoming a very attractive middle ground for many entrepreneurs.

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National Food Strategy Could Strike a Blow to Bespoke Food Businesses

The National Food Strategy Plan, led by businessman Henry Dimbleby, has stated that the food industry exploits our nation’s poorest, as fast food and high-food products are typically more affordable and more readily available to those on a strict budget. The report has advised the government to hike taxes on ingredients like salt and sugar; this would inevitably raise production costs and market prices, discouraging people from turning to the high-calorie foods like confectionary and cheese.

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Brain Training Tips to Boost Productivity

Getting a good night’s sleep is the worst kept secret when it comes to productivity and success within business and decision making, but, neurophysiologist and sleep expert Dr Nerina Ramlakhan explains how you can do more to train your brain, and be the best version of yourself beyond the advised 8 hours.

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jobs

Is TikTok changing the way we apply for jobs?

TikTok are piloting their latest addition to platform: TikTok Resumes. Currently only available in the USA, the new feature in the app will help employers find their ideal candidates through short, creative videos while also helping users find new career opportunities and apply through TikTok’s easy-to-use tools.

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Capri Cafaro on providing food for thought: Interview

From TV-host to Author turned Cook, Real Business catches up with Capri Cafaro on why she is empowering entrepreneurs through her female equality activism and the importance of food for creating unity. The former Ohio State Senator explains the significance of food during her time in government, frequently leading to productive conversations while reaching over the political aisle.

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