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Please read our latest articles on business, finance, financial Advice, insurance, and wealth management.

How to Motivate Staff

Motivating staff sadly isn’t as easy as throwing a party every once in a while, or getting staff to participate in group and team building activities. Of course these things can help, but more often than not, people are looking for something more fulfilling in their work. They need to feel part of something bigger. One of the major things you can do to improve staff motivation is to ask staff what they actually want. This will be so much more effective than just second guessing, as you will then need to know exactly what you should offer them. Once you understand the key drivers behind your people, you are well equipped to put together staff incentive schemes and to…

How Much Should you Invest in your Business?

How much should you invest in your business? Most people assume they should put everything into their business to make it a success. Is this sensible when you are a businessperson though? Possibly not? You also need to protect yourself should business not work out quite as you planned. You also need to hold something back to ensure you have the money you need in other areas of your life. Financial planning is essential when running and managing your own business. You should have clear financial plans from the start, which will dictate how much you are able to put into your business and how much you need to get out of it in return for your investment. You can…

Why Look for a New Business Partner?

A new business partner can give you the funding you need to expand your busines and begin to grow it, beyond the work you could do if you were running it on your own. The input of another person should never be underestimated, whether you are looking for some more direction or you are considering the financial implications of an investor. In both cases, it is possible for an investor to add plenty of value for you. If you are thinking about bringing a new business partner on board, you should consider your options carefully. However, they can add value in many ways, including: Having more experience of your industry and giving you a different perspective Being able to give…

What Does your Business Need to Succeed?

Running a business isn’t just about getting it up and running and making a success of it at the start. You need to adapt to succeed, continually assessing what your business needs to thrive and move forward. This means in terms of strategy and finance – in every way, you must always be analysing and looking to the future. You should have all the right protection in place as well, to prevent failure if you hit hard times. Choose the right insurance products with the help of a financial adviser and make sure you have exist strategies, as you never can know what the future holds. A savvy business owner will think optimistically, whilst always having options in place should…

Is it the Right Time to Bring an Investor on Board?

Investors are able to invest in shares of your business, giving you more capital to grow your company. They can be a good source of business finance, offering you flexible options to bring money into your business so that you can move it in the direction you want to. Some times will be better than others to bring an investor on board, having more of an impact on your business and allowing you to make bigger changes. There may be times when it isn’t really appropriate to bring an investor into the picture, as you have the money you need already within your business, or you have personal finance options that you can utilise. However, there may be times when…