Entering the world of business sometimes releases an onslaught of jargon to make sense of. Some of the lingo refers to how big (or tiny) a business is; a calculation which is based on staff numbers and turnover. It can be handy to know the scale of an organisation if you’re thinking of doing business…
The Bank Referral Scheme (BRS) was passed into UK law by the Government as part of the Small Business, Enterprise & Employment Act 2015. It made it mandatory for banks who have rejected requests for finance from businesses to share this information on. It’s designed so that the businesses could be connected with alternative sources…
According to the Health and Safety Executive (HSE), the UK loses over 11 million days of work each year because of stress-related absences. That’s the kind of figure which would put a dent in anyone’s budget. Employers have a legal obligation to protect their staff as much as possible from Health & Safety issues, and…
In Hong Kong the average working week is 75 hours, making it one of the longest working cities in the world. That’s some intensely long days! A large population should mean more resources with whom to share the load. Unfortunately it also means more competition for jobs, and therefore more pressure to perform. When compared…
Is your business considering going cashless? According to research by UK Finance, payments by cash are predicted to make up less than a quarter of all transactions in the next seven years. That’s a pretty big drop from 2006, when cash payments accounted for 62% of transactions. The reports shows that this figure dropped to…