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Think the unthinkable: Creating a disaster recovery plan for your business
A disaster recovery plan is a documented process designed to help recover and protect a business and its infrastructure in the event of a disaster. It provides a clear plan of action to be taken before, during and after a disaster. A disaster could be man-made or a...
Keeping in touch: Instant messaging versus email
For most businesses, email remains a key method of both internal and external communication. However, there has been a significant rise in the popularity of instant messaging. So what does this mean for you and your business? Most of us receive far too many emails. In...
Health & Safety
Employee health and safety is the responsibility of every employer. Regardless of the type of business you manage, health and safety is a fact of life. Aside from their devastating human cost, occupational accidents and ill-health bear a significant cost to...
How to use Google Analytics effectively
Google Analytics is a free service which allows you to analyse visitors to your website. You could have thousands of visitors to your firm’s website every month, but those visitors don’t mean much if you don’t know anything about them. Google Analytics is one of the...
A GOOD COACH IS A GOOD MANAGER
In addition to ensuring the achievement of business objectives, managers are responsible for encouraging growth, confidence and ambition in employees. Effective leadership techniques have evolved over the last few decades and the way that managers interface with...
CASH AND DIGITAL PAYMENTS IN THE NEW ECONOMY
One of the announcements in the Spring Statement was the possible demise of the 1p and 2p coins and the £50 note, but for different reasons. It seems that more and more of us are paying for small transactions such as our morning coffee or travel tickets by using...
TAX EFFICIENT EXTRACTION OF PROFIT FROM COMPANIES FOR 2018/19
The new tax year means that many directors of family companies will be considering the most tax efficient method of paying themselves. For many years accountants and tax advisors have suggested that director/shareholders should extract profit by paying themselves a...
CHARITIES GIFT AID SMALL DONATIONS SCHEME
Whilst on the subject of the reduction in cash transactions, we take the opportunity remind you of the Gift Aid Small Donations Scheme (GASDC). Under this scheme a charity or community amateur sports club (CASC) can claim top-up payments on small donations up to £20....
Managing the Gig Economy
The so-called “gig economy” is starting to change the way we think about our workforce. As the world of work becomes more flexible, an increasing number of professionals are opting to become independent contractors who market their skills to businesses, for as long as...
PENSION FUNDS CAN BE VERY EFFECTIVE IN ESTATE PLANNING
We have featured the tax efficiency of pension fund investment in a number of recent newsletters. As well as the increased flexibility in terms of drawdown arrangements that were introduced in April 2015 there were some important changes to what happens to the undrawn...