Britain’s Best Business People: The Leaders Who Stand Out

 

floating puzzle pieces

 

In business, personality can carry you a long way – but it’s your actions that truly stand out. The most famous people in business are those who have led their companies to success by redefining how business is done while also helping their employees find happiness. By showing aspiring businesses how to succeed and setting a great example, these are the entrepreneurs who will always be remembered for their British business brilliance.

 

1. Sir Richard Branson

An unsurprising entry in terms of his sheer contribution to business, Richard Branson began his career selling a magazine called Student. He began selling records through the magazine, undercutting the prices of high street retailers. This was the birth of Virgin, named for being new to business and now a name synonymous with British business.

Branson may have grown up with dyslexia and poor academic performance, but he has went on to successfully launch Virgin Records, Virgin Airways and Virgin Mobile. He has performed a huge number of publicity stunts that include driving a tank through New York and attempting to navigate the globe in a hot air balloon. Whether he succeeded or failed, Sir Richard Branson’s efforts have always been noted and admired by the public. For good reason too, as staff at Virgin get unlimited holidays and longer paternity leave.

Age: 66

Net Worth: Approximately 5 billion USD.

Lesson: Be daring, attract attention and reward your employees.

 

2. Alan Sugar

While he may be famous for celebrity appearances on The Apprentice, Lord Alan Sugar is a recent billionaire who built his empire from virtually nothing. He comes from a working class background and began selling electrical goods from a van. However, after founding Amstrad in 1968, he began to experience rapid success by manufacturing electrical equipment. Despite difficulties, a series of smart investments including Tottenham Hotspur, Amscreen and Amprop now puts Alan Sugar at a net worth of over a billion pounds.

Despite controversy around his business attitude and poor technology predictions (Sugar once famously speculated that the iPod would be dead by Christmas 2005), he remains one of the greatest examples of a self-made man in modern business.

Age: 69

Net Worth: Approximately £1.4 billion.

Lesson: The opportunity is there for anyone who has the desire to succeed.

 

3. Peter Jones

Another celebrity you might recognise from a TV show, Peter Jones is also one of the UK’s most progressive entrepreneurs, having founded the first enterprise academy in the country to support other entrepreneurs and help them achieve their dreams. Jones has managed to establish himself as a leading businessman despite some early failures, which saw him lose £200,000 on the sale of his cocktail bar and have to move back in with his parents.

After setting up Phones International Group in 1998, Peter Jones went on to a number of successful ventures and set up the Peter Jones Enterprise Academy in 2009. His place on Dragon’s Den helped increase public interest in his activities and in 2013 he bought Jessops.

Age: 50

Net Worth: Approximately £475 million.

Lesson: Failures don’t mean you should give up. Support other people’s ventures as you never know what might also benefit you.

 

4. Victoria Beckham

While you may assume that Victoria Beckham’s fame precludes her from this list, she’s still arguably one of Britain’s most successful entrepreneurs, completing rebranding herself and becoming one of the world’s most influential fashion icons.

Despite getting a famous head start as a member of The Spice Girls, Victoria has gone on to launch the Victoria Beckham label, which was the designer brand of the year in 2011. She completely defied expectations, with many branding her a WAG that would not succeed in the fashion industry.

Age: 42

Net Worth: Approximately £240 million.

Lesson: Never be afraid to reinvent yourself. If an idea or plan doesn’t come to fruition, you can move on to the next one.

 

5. Theo Paphitis

The son of Cypriot parents who immigrated to England at 9 years of age, Theo Paphitisa true self-made man who has risen from obscurity to both business success and the public eye. After starting the school tuck shop at 15, Paphitis discovered his love for entrepreneurship and went on to work for Legal & General, where he learned how to read business balance sheets. His first venture was a property finance company, but he spotted a gap in the emerging mobile phone business and bought into NAG Telecom.

From there, he managed to take advantage of the failing Ryman stationary store by buying it out and turning it around. Since, Theo Paphitis has been responsible for changing the fortunes of Robert Dyas, Ryman and Red Letter Days. He also successfully launched lingerie retailer Boux Avenue and was the chairman of Millwall Football Club between 1997 and 2005.

Age: 57

Net Worth: Approximately £280 million.

Lesson: Making smart investments can pay off big time. A product that looks like its failing can be turned around with sensible decisions and enthusiasm.

Do you want to turn your entrepreneurial skills into true success? Maybe you just need some enthusiasm to help you transform that idea into a reality. Enrol on a leadership development course with Impact International to help uncover your worth.

 

 

 

 

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The Marketing Return On Investment Uncovered

 

 

With automotive manufacturers having such a great marketing budget to play with, it comes as no surprise that figures from Google’s Car Purchasing UK Report in April 2017 reveal £115.9 million was invested in by car dealers alone. The online display and direct mail campaigns by car dealers in the UK, in 2016 alone isn’t something that companies with smaller budgets can compete with. With increased interest in online platforms, digital visibility doesn’t come cheap — but is it worth the cost? Audi dealership, Vindis, investigates.

 

Automotive

Google released their Drive To Decide Report in association with TNS in which they discuss how today’s auto shopper is more digitally savvy than before. Over 82% of the UK population aged 18 and over has access to the internet for personal reasons, with 85% using smartphones and 65% choosing a smartphone as their preferred device to access the internet. These figures show that for car dealers to keep ahead in the game, a digital transition is vital to their success.

The report also revealed that 90% of auto shoppers carry out research online. It quotes 51% of buyers starting their auto research online, with 41% of those using a search engine. Car dealers must therefore think in terms of the customer’s micro moments of influence, which could include online display ads – one marketing method that currently occupies a significant proportion of car dealers’ marketing budgets, in order to capture their potential market’s attention early in their search.

According to eMarketer, the automotive industry accounted for 11% of the total UK Digital Ad Spending Growth in 2017, placing the industry in second place behind the retail sector. The automotive industry is forecast to see a further 9.5% increase in ad spending in 2018.

The majority of car purchases still take place on the forecourt so how is the internet influencing their decisions? 41% of shoppers who research online find their smartphone research ‘very valuable’ and 60% of shoppers said they were influenced by what they saw in the media. 22% of the latter were influenced by marketing promotions.This is the proof that online investment into digital advertising is worth the outlay.

The most invested forms of marketing for the automotive sector is still TV and radio advertising although in the last past five years, it is digital that has made the biggest jump from fifth most popular method to third, seeing an increase of 10.6% in expenditure.

 

Fashion

Online sales in the fashion industry reached an impressive £16.2 billion in 2017 and this figure is expected to continue to grow by a huge 79% by 2022. So where are fashion retailers investing their marketing budgets? Has online marketing become a priority?

In December 2017, according to the British Retail Consortium, ecommerce accounted for nearly a quarter of all purchases. We continue to see online brands such as ASOS and Boohoo embracing the online shopping phenomenon with ASOS experiencing an 18% UK sales growth in the final four months of 2017, and Boohoo reporting a 31% increase in sales throughout the same period.

Big brand names including Marks and Spencer, John Lewis and Next have invested millions into their online operations and marketing in a quest to capture the online shopper and drive digital sales. John Lewis announced that 40% of its Christmas sales came from online shoppers, and whilst Next struggled to keep up with the sales growth of its competitors, it has announced it will invest £10 million into its online marketing and operations, clearly expecting this to be a positive move to drive their profits back up.

Shoppers no longer want to go to the high-street store to shop – instead preferring being able to conveniently shop from the comfort of their homes or smartphones rather than in traditional brick and mortar stores.

According to PMYB Influencer Marketing Agency, 59% of fashion marketers increased their budget for influencer marketing last year – an essential marketing tactic in the fashion industry. In fact, 75% of global fashion brands collaborate with social media influencers as part of their marketing strategy.

More than a third of marketers believe influencer marketing to be more successful than traditional methods of advertising in 2017 – as 22% of customers are said to be acquired through influencer marketing.

 

Utilities

With comparison websites spending millions on TV marketing campaigns that are watched by the masses, it has become vital for many utility suppliers to be listed on comparison websites and offer a very competitive price, in order to stay in the game.

More and more consumers are now turning to comparison websites when it comes to choosing the right utilities supplier in search of the best deals. The websites could be the key to many suppliers acquiring and retaining customers.

The four largest comparison websites – Compare the Market, MoneySupermarket, Go Compare and Confused.com are among the top 100 highest spending advertisers in the UK, but how does that marketing investment reflect on the utility suppliers themselves?

Comparison sites can be the difference between a high rate of customer retention for one supplier and a high rate of customer acquisition for another. If you don’t beat your competitors, then what is to stop your existing and potential new customers choosing your competitors over you?

British Gas has shifted its marketing aims toward customer retention as opposed to customer acquisition. Whilst the company recognise that this approach to marketing will be a slower process to yield measurable results, they firmly believe that retention will in turn lead to acquisition. The Gas company hope that by marketing a wider range of tailored products and services to their existing customers, they will be able to improve customer retention.

An investment of £100 million is to be invested in a loyalty scheme to offer discounted energy and services. This turns the focus on the value of a customer, their behaviour and spending habits over time, in order to discover what they are looking for in the company. In such a competitive sector it is vital for companies to invest in their existing customers before looking for new customers.

The utilities sector has also cut itself a slice of the digital cake, as 40% of all searches in Q3 2017 were carried out on mobile, and a further 45% of all ad impressions were via mobile too – according to Google’s Public Utilities Report in December 2017. As mobile usage continues to soar, companies need to consider content created specifically for mobile users as they account for a large proportion of the market now.

 

Healthcare

The healthcare sector is restricted by heavy regulations and so runs by its own completely different set of rules for marketing. As a result, the same ROI methods that have been adopted by other sectors simply don’t work for the healthcare market. Despite nearly 74% of all healthcare marketing emails remaining unopened, it might be surprising to learn that email marketing is essential for the healthcare industry’s marketing strategy.

Approximately, 2.5 million people use email as a primary means of communication, rising in value and usage over the past few years so this means email marketing is targeting a large audience. As a result, 62% of physicians and other healthcare providers prefer communication via email. Now that smartphone devices allow users to check their emails on their device, email marketing puts companies at the fingertips of their audience.

Online marketing is another platform that is a worthwhile investment for healthcare, especially when you consider that one in 20 Google searches are for health-related content. This could be attributed to the fact that many people turn to a search engine for medical answer before calling the GP.

Pew Research Center data shows 77% of all health enquiries begin at a search engine – and 72% of total internet users say they’ve looked online for health information within the past year. Furthermore, 52% of smartphone users have used their device to look up the medical information they require. Statistics estimate that marketing spend for online marketing accounts for 35% of the overall budget.

Whilst the healthcare industry is restricted to how they market their services and products, that doesn’t mean social media should be neglected and is a form of marketing that can and has been utilised effectively. In fact, an effective social media campaign could be a crucial investment for organisations, with 41% of people choosing a healthcare provider based on their social media reputation! And the reason? The success of social campaigns is usually attributed to the fact audiences can engage with the content on familiar platforms.

 

So, is it worth the investment?

The answer is, it depends. For industries such as automotive and fashion it is evident that online marketing investment is critical to company performance. With a clear increase in online demand in both sectors that is changing the purchase process, some game players could find themselves out of the game before it has even begun if they neglect digital.

However, for others, such as utilities, there is far more to consider. Whilst TV and digital appear to remain the main sales driving forces, its more than just creating your own marketing campaign when comparison sites need to be taken into account. Without the correct marketing, advertising or listing on comparison sites, you could fall behind your competitors.

According to webstrategies.com, the average firm in 2018 is expected to allocate at least 41% of their marketing budget to online strategies – with this figure expected to grow to 45% by 2020. Social media advertising investments is expected to represent 25% of total online spending and search engine banner ads are also expected to grow significantly too – all presumably as a result of more mobile and online usage.

So, what is our verdict? Well, if mobile and online usage continues to grow year on year at the rate it has been, we forecast the investment to be not only worthwhile but essential to business success.

Sources

https://pmyb.co.uk/global-fashion-company-influencer-marketing-budget/

https://www.prnewswire.com/news-releases/the-uk-clothing-market-2017-2022-300483862.html

http://uk.fashionnetwork.com/news/Online-is-key-focus-for-UK-fashion-retail-investment-in-2017,783787.html#.WrOjxOjFKUk

http://www.mobyaffiliates.com/blog/retail-accounts-for-14-2-of-digital-advertising-spending-in-the-uk-in-2017/

http://www.thisismoney.co.uk/money/bills/article-2933401/Energy-price-comparison-sites-spend-110m-annoying-adverts.html

http://www.thedrum.com/news/2017/03/28/british-gas-shifts-acquisition-retention-marketing-know-the-value-keeping-the-right

https://www.independent.co.uk/news/business/news/uk-companies-online-advertising-spend-10-billion-more-last-year-2016-pwc-a7678536.html

https://www.webstrategiesinc.com/blog/how-much-budget-for-online-marketing-in-2014

https://www.kunocreative.com/blog/healthcare-email-marketing

http://www.evariant.com/blog/10-campaign-best-practices-for-healthcare-marketers

https://getreferralmd.com/2015/02/7-medical-marketing-and-dental-media-strategies-that-really-work/

The Vital Partnership of Content and SEO

 

seo blue on keyboard

Both content marketing and SEO are important in the digital media industry. However, too often they are separate entities but should be something that work collectively. We will take a look at how you can integrate the two approaches to make sure that you are getting the best possible results.

 

Content Marketing – What is it?

Marketing is content that is created and promoted to help the reader and in some cases it’s there just for entertainment reasons.

 

SEO- What is it?

SEO, otherwise known as search engine optimisation is a way of getting traffic from natural, organic and free search results from the search engines.

 

Marketing

Marketing is about to being in the right place at the right time. These days if we have a question we head to Google. But when it comes to content marketing, many of us turn to email or social media. Although these methods are powerful, you’re relying on your prospective customer receiving this message at the exact point that they are looking for a service/product such as professional blog writing services. It’s clear why this isn’t as powerful as search engine marketing as we know that this information is seen at the point when a potential customer is searching for your service/product.

So, the best plan of action is to have your content found on google at the right time and place and what’s more, it doesn’t come with a cost for each click. We will provide you with two ways of how to get your content marketing found by Google?

  1. Build the authority of your published content and your own site.
  2. Publish content on a site which has high authority so that it ranks well naturally.

Both of these options have advantages. If you can drive people to your own website, you can see the benefits of this for brand awareness as well as the fact that you then have more control of what your next steps will be i.e. lead generation, remarketing, social, email etc.

Publishing content on a 3rd party site is easy, fast and gives you credibility.

 

 

 

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The Small Business Guide to SEO

 

laptop

In this article we will take a look at how a small business can use SEO to promote their products/ services and make sure that you rank as high as possible in search page results.

 

On Page Optimisation

When someone types a question into a search bar, the search engine crawls the web to locate the most relevant pages. You need to optimise pages on your website to make sure that your website ranks as high as possible. What you need to do is:

 

-          Optimise using the right keywords

-          Make sure your URL is short and self-explanatory.

-          Your webpage needs to describe your content clearly.

 

Content

Make sure that the content you create is of high quality and that it draws links from other sites, which means that your site will rank higher in searches.

Focus on content that is timeless and will keep visitors coming back to your site. Remember that you are writing content for your readers and not for a search engine, so avoid filling it up with keywords. For example, if you offer website management services, write posts such as ‘Top 5 reasons why you need management services for your website’

 

Link Building

Within your content, use relevant links and link to external sources which are reliable. Perhaps use 1 to 2 links per page as this will help your sites trustworthiness.

Link to internal pages of your own site where relevant as this improves navigation, as well as user experience.

Try and get some backlinks to your site. This means other sites linking to your sites. Ask friends, customers, suppliers etc. to link to your site as this will help to improve your rankings as well as build authority for your site. What is important is that you focus on relevant and qualitative links. For example, if you are a beautician you don’t want links from an electrician as this can have a negative impact on your ranking.

A final point is to make sure that you monitor your traffic so that you know your efforts are actually working for you. Google Analytics for example can provide you with information related to how customers behave on your site, as well as how many visits you receive.

 

 

 

 

Outsourcing Advice for Small Businesses

people in meeting black and white
If you’re a small business owner you know how hard it is to keep many different balls all juggling at once. Before you decide to outsource, you need to make sure that you’re outsourcing to someone who is good. We will guide you through the basics that you need to research before you go any further.

 

Social Media

Facebook, Twitter and LinkedIn are very useful for getting a feel for someone. Take a look at what their LinkedIn profile says about them and have a look at whether they share content which is very important if you’re hiring someone for a role such as a social medial specialist in SEO and web marketing.

Google

Using google, search the person’s name and take a look at what the results bring up. For now, just ignore their LinkedIn profile and website and just concentrate on whether their name comes up for anything linked to their industry. This will show you that they’re fully active in what they do.

Time

If the person you are planning to hire is charging by the hour you need to work out if they will be sending you a timesheet or something similar, so you can see how many hours they have worked. If you’ve allocated 30 hours a month, check how this time is being split and more importantly, check that they are fulfilling their 30 hours.

Payments

Decide on what the payment terms will be and when you expect them to send an invoice. This can be adapted between each person that you use for outsourcing and It’s something that you need to bring up if they don’t. Never assume that you will be paying the VAT or that payments are 30 days. Make sure that you get this right from the offset so everyone knows where they stand.

Contracts

Before you begin working together, make sure that everything has been agreed and written down from the start, this way your relationship begins on the right foot. A final point to be sure of is that the person you have employed is completing the work themselves and not outsourcing it to someone else.

 

 

 

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Why Your Business Needs an SEO Strategy

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You need an SEO strategy in order for your business to succeed. We take a look at five aspects that you need to consider to ensure that your site is performing as it should be.

Strategy

If you don’t have a strategy in place, your efforts may be wasted. In order to effectively market your products and site to your customers you need to think like a customer. After all, if you don’t understand what your customers want, you will not be able to target them effectively.

Creativity

Even though SEO is techy and data driven, there is an aspect of creativity to bear in mind. It doesn’t matter how good your technical optimisation is if your content is not creative and you will find that you won’t attract or keep your visitors. Create content that is unique and high in quality to make sure that your visitors are engaged. Bear in mind that every industry has its own tone/voice so the content that you create needs to be tailored to suit your audience and not be generic. It may be worth contacting professional copywriting services for more advice here if you’re unsure of how to achieve this.

Technical

An important aspect to work on when it comes to your site is the technical on page optimisation. You need to be effectively managing content updates, domain migrations and redirects. The navigation on your site need to be hierarchical and clear and content needs to be unique.

Relationships

Relationships are key when it comes to marketing. It’s no different when it comes to search marketing and you need to create meaningful relationships with customers are other domains which are relevant. The aim is to develop relationships with publishers and writers so that they place relevant links to your website. Inbound links are also a great option for SEO.

Measurability

Make sure that you analyse and check what’s successful and what’s not working so well where your activities are concerned. This way you can amend your strategies where necessary. Google Analytics is a great way of tracking this progress.

 

 

 

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Why workplace safety could save your business money

safety signs

 

Workplace injuries can cost your business a lot of money – from a loss of working days to personal workplace injury claims made from your employees. In 2016/17, there were 137 workers killed due to a work-related accident. In 2015/16, there were also over 0.6 million workers who suffered from a non-fatal work injury which led to over 4.5 million working days lost, according to self-reports from the Labour Force Survey. It is also worth noting that in 2016/17, there were 92 members of the public killed due to work-related activities.

In 2014/15, the cost of workplace related injuries was £4.8 billion – £2.8 billion was billed to the employers, which doesn’t include potential personal injury workplace claims.

The importance of health and safety in the workplace is clear, not only for reducing the annual bill. As an employer, your staff’s safety should be at the forefront of your mind. Here, experts in accident at work claims claims, True Solicitors, discuss what measures a business can put in place to ensure the safety of their employees, as well as the public, to prevent the risk of workplace fatal and non-fatal injuries that could cost your company money in the long-term.

 

Safety Equipment

The construction industry is the most common industry prone to workplace injuries, with 30 deaths in the industry in 2016/17 – closely followed by agriculture (27 deaths) and the manufacturing industry (19 deaths). These industries in particular often require certain safety equipment to abide by health and safety regulations – and wearing the equipment could separate your employees from a near death experience and a non-fatal injury.

In the construction industry, a hard helmet is required on any work site to protect your head from any falling debris and bumps, impacts, scrapes and electrical exposure. If your staff fail to wear the required hard hat, any of those injuries could be a direct cause of not wearing the correct safety equipment. Protective glasses should also be worn by employees that are exposed to debris, dust and bright lights that could damage the employee’s sight.

Other protective clothing that can be compulsory within working environments like construction and manufacturing include steel toe cap boots, hi-vis clothing, safety gloves and noise cancelling headphones. Implementing a work policy that says your staff are required to wear safety clothing and equipment is the first step to preventing workplace injuries that could lead to fatal deaths or long-term work absences, which cost your company money.

 

Training

Some industries require special training to ensure all employees are fully qualified for the working environment. Every employee should be briefed on the safest fire exits around the premises, as well as what the procedure is in case of an emergency. In fact, many premises are permitted to carry out practice fire drills to ensure all members of staff are aware of the routine.

However, it is not just fire safety procedures that staff need to be trained for. In the manufacturing industry, which is the third most dangerous environment for fatal injuries in the workplace, some job roles require particular training and qualifications to use machinery. Where hazardous or dangerous machinery is involved, staff must be trained on how to use it – and must use the correct safety equipment and clothing at all times. 152,000 of the 621,000 non-fatal injuries in 2015/16 led to over 7 days of work absence – providing your staff with the appropriate training could save you a big cost seen through a loss of working hours due to workplace injuries.

In some instances, employers must ensure that their employees have the correct certification to be able to safely carry out procedures. For example, in the construction industry, any employee who will be navigating a crane will require a Construction Plant Competency Scheme (CPCS) licence.

 

Safety Regulations

One of the main causes of non-fatal injuries is slipping and tripping – 19% of the 621,000 workplace injury victims in 2015/16. The main causes of slips, trips and falls in the workplace are uneven floor surfaces, unsuitable floor coverings, wet floors, changes in levels, trailing cables and poor lighting – all of which can be prevented or marked out safely if the proper regulations are followed. Legally, businesses must follow The Workplace (Health, Safety and Welfare) Regulations 1992, which stipulates that employers must ensure that floor spaces are in good condition and free from obstructions.

The Health and Safety (Safety Signs and Signals) Regulations 1996 legally require businesses to provide and display the appropriate safety signs when there is a potential risk too – whether that is a wet floor sign, or signs indicating loose cables or exposed electric cables.

For most companies, there are specific legal safety regulations in place to follow – it is worth looking up the regulations for your sector to maintain the safety of your staff and to outsource cleaning services to maintain safety if necessary.

 

Sources

http://www.hse.gov.uk/statistics/overall/hssh1516.pdf?pdf=hssh1516

 

 

 

 

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Avoiding uniform tax to save you and your staff money

 

pound coin

If your business provides your staff with a uniform, there are important things to know when it comes to uniform tax. You and your staff will be liable to pay taxes for a uniform if it doesn’t meet certain criteria. So whether you provide your team with a corporate uniform from a high-street retailer, carabiner clad safety gear, or a medical uniform from an online healthcare uniform specialist, this blog should help you and your employees avoid paying unnecessary tax.

 

Uniforms and branding

Your business uniform is only untaxable when it’s permanently branded. That is, branded with the logo of your business. According to HMRC, if a uniform is not branded it’s not actually a uniform. It’s instead classed as a fringe benefit, as it can be worn outside of work hours. This makes it taxable, meaning you or your staff are liable to pay tax for it. The only type of unbranded uniform that’s untaxable is clothing that’s provided for a specific role, like a medical tunic in a hospital. Or clothing that’s designed to ensure staff safety, like a hard hat or high-visibility jacket.

 

Ensuring your uniforms remain untaxable

To make sure the uniforms you provide remain untaxable, branding must be permanent. This includes branding via embroidery, screen printing or tabbing. Detachable branding doesn’t count, such as a name tag, as it’s not permanent, meaning that garment could be worn outside of work. Examples of permanent branding include your business logo embroidered onto the sleeve of a business shirt or blazer, or tabbing that’s sewn into the waistband of a skirt or a pair of trousers.

 

Tax rebates for uniform upkeep

When providing your staff with a branded uniform, it’s important to know that they can claim tax back for the upkeep. This means the money spent to wash the clothing and ensure it’s clean and presentable for them to do their job. Staff can’t claim for the upkeep of something like an unbranded suit jacket, even if it’s part of the dress code for their job. This is because the cost for its upkeep is not exclusively for their job, meaning the jacket could be worn outside of work and would need washing after those occasions too. However, staff can’t claim for upkeep if you offer the facilities for them to wash their uniform, such as a free laundry service. This even applies if they choose not to use those facilities.

The typical claim for the upkeep of a branded uniform is £60, but some professions offer more depending on the nature of the job, with a top limit of £185. Medical staff, for instance, can claim £125 a year. The UK government allows people to make claims for up to five years of consecutive uniform upkeep.

 

Helping your staff claim tax for upkeep

If your staff are entitled to claim tax rebates on the uniform you provide them, it’s best practice to provide them with the resources for them to do so. Making a claim is a straightforward process, which involves them completing a P87 form. This can be obtained on the UK government website. You should make your employees aware of this process and provide them with the correct information to make a claim successfully. Once the claim has been made, the employee’s tax code will be altered and their tax pay will be reduced. There should then be no need to make future claims in their current employment with you.

 

 

 

 

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Is A Company Formation Agent Right For You?

 

desk

When you first decide to form a business, the decisions can be overwhelming. One of these decisions involves whether you should do all of the work for registering your company yourself or hire a company formation agent. There are some things with regards to your business that you must do yourself. For instance, you will need to determine what your company’s name will be and what you will be doing with regards to trading. However, a company formation agent can help you with all other tasks associated with getting your business started. You simply have to determine if you want the assistance of a company formation agent or if you prefer a more do it yourself type of company formation.

If you are familiar with the process, you can submit your own company registration application to Companies House. There are certain steps that you must remember to take and you have to ensure that everything is included that is required. These are not difficult tasks to do but you have to be certain that you have an idea of what must be done in order to register your company properly. You have to have the right information on hand and you must submit the proper forms. Remember to have your company name, company address and at least one director and shareholder for the application.

There are other things that you will need which include your memorandum of association, articles of association, statement of capital and various other documentation. If you are unsure of what these documents are or how to draft them, you may want to consider using a company formation agent to assist you in this process. One of the main disadvantages of filing these documents for yourself is that you risk errors, particularly if you are unfamiliar with the process. Errors could get your application rejected, which would lengthen your time to get started.

Using a formation agent offers a number of benefits, not the least of which is experience. Company formation agents have done this many times so there is very little risk of error, which means that your application is virtually guaranteed to be accepted and you can begin trading quickly.  A company formation agent can also shorten the turnaround time for the application process, so you can receive your certificate of incorporation much faster, typically within just a few hours after filing.

Most companies can be incorporated on the same day that their applications are submitted, even if there are errors that need to be corrected. A formation agent can help you by submitting your application online as well as helping you to properly choose your company structure, assign the right offices and help you to draft important documents like your articles of association. Often, the fees for using a company formation agent work out to be about the same as filing with Companies House yourself, so if you feel that you are not ready to tackle this task on your own, it may be in your company’s best interest to hire a company formation agent for your registration.

 

 

 

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Three Facts to Consider Before Hiring a Data Recovery Service Provider

 

background internet technology

 

Many times individuals or organizations avoid paying attention to the various indications that are displayed on their computer screen. These indications generally show a disk issue which can cause a serious harm to your computer and can later result in a major loss of crucial data. Therefore, creating a recovery file of your existing data is really important when you experience inaccessibility to files and folders on your computer.

State of the art data recovery solution is provided by many data recovery service providers in the market who are capable to offer you an access to files that show an error message while opening. With so many firms that offer services in data recovery sector, it can be a challenging procedure for you to find out the best one that can recover your data.

To help you out, here are some of the pointers to consider while looking for a data recovery service provider.

 

Research the Technical Expertise

When you are looking for a company that offers data recovery services, make sure that the firm has the technical prowess to take care of your needs. This is the very first thing to check when meeting with a data recovery service provider and learn about their working capabilities. An unprofessional service provider will continue making big claims, so it is up to you to analyze their skills. This can be done through conducting a background check on them by digging their previous works and checking the testimonials on their website. Data recovery processes handled by amateurs lowers the chances of successfully recovering the lost data by thirty percent. This is a huge number, as you get to recover your valuable data only once. Any sort of trial and error method can lead to permanent loss of your valuable data.

 

Fully-equipped Setup

Another way to check the quality of a data recovery service provider is the thorough evaluation of his or her workshop where all the data recovery work is being handled. Usually, a data recovery lab is a sensitive place that comes with controlled access. If your drive has undergone some physical damage, then it needs to be brought under the supervision of a professional data recovery New York company. The data recovery infrastructure is a must have for every professional service provider. You can determine the efficiency of a data recovery service provider by taking a look at the way he or she has designed the lab.

 

Data Security Practice

Needless to say, this is an obvious thing to look out for while hiring the services of a data recovery company. A professional firm or individual service provider would stick to all kinds of security protocols in order to maintain the integrity of your data all the time. Data theft has always been a prime security problem and defending it has become a crucial task nowadays. An efficient data recovery service provider will offer a guaranteed protection against any data leaks.

 

Conclusion

The data in your server is very critical and you must take steps to avoid any sort of cybercrime or data failure that can cause you a lot of trouble. Follow the above-stated three guidelines before engaging with a data recovery service provider.

 

Author Bio -Fred Hawkins is a digital marketing executive who also offers IT solutions to his clients. He writes blogs in his spare time and reviews professional data recovery service providers such as https://americantechpros.com/and other websites.

 

 

 

 

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