Business

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Business News (May 2017)

Phone switching made easy Switching mobile phone providers could soon be a matter of just sending a text message to your provider in a simple one stage process under plans drawn up by regulator Ofcom. By removing long drawn out telephone conversations with current providers, or using other methods to “un-lock” mobile phones, your provider could simply provide you with a code to switch providers – saving money and increased phone bills. According to research by Ofcom, customers have shown their support with the proposals and would welcome the change. Customers have complained about not only the speed that the change takes place, but have also highlighted hidden costs incurred whilst...

The Bulletin’s guide to Brexit for small businesses

This week, Cheryl Dyer-Ballard and Steven Parham look at the United Kingdom’s decision to leave the European Union: Brexit.   Here, they examine the history of the Eurozone and some of the events leading up to the referendum in 2016.  They look at what happened to create the conditions for the decision to be made, what it means for Britain now, and in the future, the pound in your pocket,and how it will affect businesses both small and large. What does Brexit mean? Before we start this article we need to look at exactly what Brexit means. When we speak about Brexit, we are talking about the decision made by the United Kingdom...

Business News (April 2017)

EDF raises electricity prices for second time this year The energy firm EDF has announced that from 21st June 2017, customers will see an increase in their gas and electricity prices for a second time this year. Customers will see an increase of 9% for their electricity supplies, while gas supplies will rise a further 5.5% for standard tariffs. The hike in prices will see the average dual-fuel customer paying a further £78.00 per year, raising their annual bill to £1,160.  It has been reported that the majority of EDFs customers are on fixed price deals and will not be affected by these rises. However, Ofgem has criticised this rise...

The Bulletin’s guide to expanding your business

This week, Cheryl Dyer-Ballard looks at expanding your business.  What is involved, what are the processes and mechanisms involved, and the pros and cons of going the extra mile to grow your business.   From business loans to mergers, Cheryl examines the ways in which you can increase your business and your turnover, looking at how you can mitigate some of the risks involved and make the most of your connections. Introduction Having written an article on winding up your business a few months back, I now feel that it is important that I look at the opposite side of business. So the big question is, how can you effectively expand...

Buzzword bingo for beginners

Here are the basics, Buzzword bingo (also known as bull£!@t bingo) is a bingo-style game where participants prepare bingo cards with buzzwords and tick them off when they are spoken during an event, such as a meeting or speech. Perhaps it was Mark Twain who coined the first buzzterm, when he described the process of doing the most difficult task of the day first by telling people to ‘Eat the frog’. The goal of the game is to tick off a predicted number of words in a row and then yell “Bingo!” (or “Bull£?@t!”). The game is generally played in situations where audience members feel that the speaker, in an...

Business News (March 2017)

The start of formal negotiations on Britain leaving the EU will be held on 29th April 2017. Teresa May will send notification to European Council President Donald Tusk, starting the two year countdown to complete our generations most important negotiation. The meeting will be directed by Michel Barnier, a French Republican politician, leading the task force for the Preparation and Conduct of the Negotiations with the UK under Article 50. In a statement Mr Barnier has been reported of saying that he wants the talks and negotiations to be completed by October 2018. Teresa May told cabinet ministers that activating Article 50 would go down in the history books and...

The Bulletin’s Guide to Anxiety

This week, Cheryl Dyer-Ballard looks at anxiety, and how it can affect you and your workforce.  She looks at its impact, the problems that it can cause, and the various types of anxiety that can be faced by any one of us throughout the course of our lifetime.   Cheryl also looks at how we can control our underlying worries and fears, mastering and mitigating the effects of anxiety, so that you are in control of it, not the other way around. Introduction In one of my recent articles, I looked at motivation and how it can be a major contributory factor in achieving success. I feel that it is important to...

The Bulletin’s guide to Agile Working

This week, Cheryl Dyer-Ballard looks at a modern day business phenomenon – that of a scheme called Agile Working.  It allows companies and its staff to be more flexible in the way that they work, and is said to improve productivity, reduce work stress and encourage a healthier work/life balance. Cheryl looks at what it is, the pros and cons, how it is on the rise and how to make the most of it. What is Agile Working – how does it work? Agile Working is a method of working utilised by companies which allow their employees to work where, when and how they choose, aiming to maximise performances and allow...

The Bulletin’s guide to Mental Health in the workplace

This week, Cheryl Dyer-Ballard looks at a tricky and sensitive subject that we all will face at some point in our lives, either firsthand ourselves, or through a friend, relative or colleague’s own experience – the subject of mental illness. Statistically, about 25% of people will suffer from some form of mental illness in their lives.  In the workplace, Cheryl looks at how this affects not just those that are ill, but also fellow employees and employers.  She looks at what can be done to help all concerned. Introduction Every organisation no matter how big or small has a responsibility on how to deal with, and treat staff who have or who are...

Business News (February 2017)

The real effect of the Brexit vote is becoming apparent following a report showing that retails sales have fallen by 0.3%, and not the 0.9% rise that was originally forecast. UK shoppers have made cutbacks on their spending following the rise in inflation leading to a nationwide slowdown in the economy. Reports show that forecasters had not expected a fall following the UK’s decision to leave the EU, however, it has shown that consumers are showing their concerns and have become more cautious with price rises combined with the decreasing value of the pound and the increasing price in fuel. “The theme for most forecasters this year is that consumer spending is...