Jargon Busting Business Categories for Beginners

Jargon Busting Business Categories for Beginners

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…

illustration of man using calculator to check finances Is the Bank Referral Scheme Damaging Small Business Growth

Is the Bank Referral Scheme Damaging Small Business Growth?

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…

Protect Staff, and Include Stress in Health & Safety Risk Assessments

Protect Staff, and Include Stress in Health and Safety Risk Assessments

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…

How to Make Flexible Working Work For You

How to Make Flexible Working Work For You

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…

Weighing Up the Pros and Cons of Going Cashless

Weighing Up the Pros and Cons of Going Cashless

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…