Tag Archives: business

How to Be a Better Support System to Your Staff

Every good business owner knows that a pivotal part of there success is attributed to their staff. Without the help of skilled employees to carry out various functions like sales, marketing, and customer service, the company would essentially cease to exist. In light of this reality, employers should always look for ways to show their support and gratitude. Those who go beyond the paycheck and benefits, connect with their staff on a more meaningful level which helps to improve the workplace environment and productivity.

Your Employees Have Lives

Outside of handling their responsibilities at work, your employees have lives. They have children, relationships, financial obligations, and their own personal ups and downs. As an employer, acknowledging that fact and providing them with valuable resources and support can have a lasting impact on the success of your business. How can you be more supportive of your staff? Here are a few suggestions below:

  • Professional Development – Most people have professional aspirations when they start working for a company. They have desires to move up the ladder and advance their careers. You can show support for your employee’s careers by having professional development opportunities. Offering free training, assistance or reimbursement on educational courses, and encouraging them to participate in networking events can help advance their careers.
  • Mental Health Assistance – As a human being you know that life isn’t always easy. There are a lot of pressures that can push a person to their limits causing them to resort to measures they (or you) never thought imaginable. If you find that one of your employees is struggling with mental health or substance abuse, you can show your support by recommending drug detox centers, therapists, and other solutions to treating their problems.
  • Make Health a Priority- It is only when your employees are in their best health that they can provide the best assistance to your business. You can encourage and support your staff by establishing health incentives in your company. Offering discounts to nearby gyms, weight loss program enrollment, free screening services, and other initiatives, ensure that they can remain in their best health.
  • Family Inclusion – Family is an important element for most people, and working can often take them away from that. You can let your team know that you’re there for them by creating a family culture within the business. Host events where staff can invite their families, if you have the budget for it, perhaps open a childcare center or offer affordable services to nearby daycare centers. You can also do things like offer scholarships to the children of employees to help lower educational costs.
  • Communicate and Be Present – Perhaps one of the best ways to show your employees more support and appreciation is through your presence and communication. Being there when they need to talk, listening to their concerns, and being involved in both their personal and professional lives can help to cultivate a deeper understanding and relationship.

You hand-picked a team that you believed would help you take your business to new heights. These individuals are more than just a gateway to success, however, they are human beings with lives that go up and down just as yours does. As their lifestyles can have an impact on your business it is essential to connect with them. To connect with them on a deeper level, it would be wise to find ways to show your support. Offering the suggestions above and others, let’s your staff know that you see them for not only their performance in the office but for the amazing human beings that they are.

Business Energy News

Many factors currently affect energy prices across the UK. Since the UK exited from the European Union, many uncertainties have been expressed resulting from the policy. The impact on the economy of said policy change will determine how confident businesses are to take risks and move from one energy provider to another by comparing rates through UtilityBidder. However, this depends on whether consumer confidence is also high.

In addition, many considerations and factors further contribute to the rising gas prices affecting businesses in the UK. These include low generation of renewable energy sources such as wind power, the balance between supply and demand, and the overall performance of the economy.

What comprises energy consumption for businesses?

Businesses spend a small fortune each year on energy alone. The bulk of the cost goes on heating, ventilation, and air-conditioning. On top of this comes the cost of lighting and powering appliances. Unfortunately, most UK businesses are missing out on the opportunity to save on energy costs.

According to government figures, 70% of the country’s total energy consumption goes to five business sectors – retail, offices, industrial, hospitality, and health. Also, among all these sectors, the industrial sector is the most inefficient, missing out on their chance to save 50% on overall energy consumption.

Reducing energy consumption

How can a company take better control over energy consumption? Experts have the following suggestions:

  • Switch to energy-efficient lighting. Out of the possible £3.7bn savings, companies can make a year, £1.1bn is attributed to commercial lighting expenses. It is significant for the retail and hospitality sectors where lighting is a constant necessity 24/7. Improving lighting choices such as switching to LED lighting as well as adding sensors and timers is essential.

  • Energy management systems. Installing a method for controlling and monitoring heat and ventilation is something to consider for companies with multiple sites such as hotels and shopping malls. A company can save over 10% in energy costs by installing a management system.

These suggestions are still subject to debate since comparing the energy consumption between different sectors suggests a customised energy savings approach is a better solution. For example, large buildings use up more energy and sectors involved with data processing consume more for cooling and processing data centres, compared with a company simply offering warehouse services and logistics.

As such, targeting specific areas of the business where energy management can reap high benefits is a must. Energy retailers work with companies to offer energy management solutions aimed at helping companies optimise their energy use. A specific example is the implementation of an on-site energy generator. This system allows the company to recover energy which would otherwise end in waste and use it for other processes.

Both the public and private business sectors need to raise their awareness and efforts to reduce energy consumption. With the continuing rise in energy prices, it can be a significant element for change.

7 Signs You Should Start Your Own Business

Not everyone can be an entrepreneur. The hours are long, the decisions are tough, and failure comes as often as success. However, for some people, there is no other option – destiny is pushing them toward business ownership.

If you feel that traditional career paths aren’t compelling, if you have a captivating business concept, if you are a hard worker with keen business sense, you might be a natural-born entrepreneur. Here are a few common signs of a life destined for entrepreneurship – and at least one reason you shouldn’t drop out of school and start your business too soon.

You Are Always Team Leader

Working in teams is a common occurrence throughout grade school and college for the same reasons workers team up in the real world: It encourages greater productivity and creativity. However, every team needs a leader – and you most often take that spot.

Good entrepreneurs prefer to be in control, which means they don’t enjoy being bossed around and they need the freedom to follow their vision. Though you might struggle to manage your controlling tendencies in other aspects of your life, entrepreneurship is where you can let your natural leadership shine.

You Search for New Achievements

“Good enough” is not what you strive for. For some reason, you feel the need to chase perfection, to excel and to win praise, awards and other recognition for your actions. If this is the case, you should become an entrepreneur. Entrepreneurs have the ultimate opportunity to prove their worth. Business ownership can be brutal, but in success, you will show yourself to be the best of the best.

You Feel Comfortable With Risk

There is hardly a riskier endeavor than running your own business – save perhaps bull riding or base jumping. An entrepreneur’s goal is to reduce risk as much as possible, but that doesn’t mean you can ever eliminate it completely. Every decision you make as an entrepreneur carries risk, so you must feel comfortable with risk before you start your own business.

You Are Financially Savvy

Cash flow issues are the number-one cause of business failure, accounting for more than 80 percent of all small business collapses. Other money troubles, such as failing to acquire sufficient funding, pricing products and services poorly and improperly forecasting sales, claim nearly as high rates of fatality. Thus, it is imperative that you know some about finance before you nosedive into entrepreneurship.

Personal finance and business finance are two different beasts, but if you are relatively proficient with managing your own money, you will likely be better at juggling your business’s finances. Fortunately, you can always enroll in finance courses to become better at handling financial matters.

You Understand Yourself

Though movies and television shows often depict entrepreneurs as brooding, introspective types, you should not be indulging in soul searching after you launch your business. By the time your business opens its doors, you should know yourself inside and out: your strengths and weaknesses, your goals and dreams, your ideal daily routine, your social preferences, your favorite destressing activities, etc. etc.

Entrepreneurs who understand themselves are more confident in their abilities, more comfortable in their situations and less likely to make mistakes due to blind spots or insecurities. If you feel there is still much for you to learn about you, you should spend some time with yourself before you start a business.

You Are Committed to Being Better

A business has all sorts of competition, from existing competitors in the market to future market disruptions. However, an entrepreneur’s true rival is their past selves. If you are always looking to improve your skills and knowledge, if you are working toward answering any question and finding solutions to any challenge, you should start your own business.

Entrepreneurs must be the best versions of themselves to ensure their business succeeds. Unfortunately, that means it likely isn’t prudent for you to jump into business ownership right away; instead, you should spend a few years gaining more wisdom and experience in your chosen field. Obtaining a job in an appropriate role and industry while you are enrolled in an online MBA program should provide you with the skills and expertise needed to thrive as a new entrepreneur.

Entrepreneurs are self-starters who constantly search for new opportunities and new challenges. If you are a natural leader, if you feel comfortable with numbers and if you know who you are and what you want, you should become an entrepreneur.

Van Business in UK: Are the stresses and Strains Worth the Investment?

Starting a van business is no doubt lucrative, especially when you get the equation right, but it can be strenuous and even excruciating to keep it going. Anyone might say it is normal for any business to appear daunting at first, but with a van business, is the stress simply not worth it?

Why many start van businesses

There are a number of good reasons to start a van business, with one of them being the simple fact that you have an unused or underutilised van sitting in a corner. The smartest move to make in such a case would surely be to put your van to some profitable use as long as you have a bit of time on your hands.

With a van business, you get to choose the customers you want to serve as the business is versatile and you can engage in a diverse range of work. You get to decide whether you would rather focus on one niche and if business dries up on that end, you and your van can always move to something else. There is also the fact that van businesses will always be in demand, particularly because of the role technology has come to play in selling, with a higher demand for delivery services.

To cap it all, you get to choose when you work, the scale of business you are willing to take on, and how you work. It is the flexibility that makes van business a winner for some.

The ugly side of van business

As many are enticed to start a van business as a result of its many benefits, there are also many who turn away from it due to the associated stresses and strains of the business. Perhaps because they have experienced the uglier side of the venture or because they have heard the horror stories, former van drivers and intending ones change their minds about van business.

Van drivers in the UK often have to drive longer distances and spend longer behind the wheel. This is not healthy, both physically and mentally. After an entire day of driving, the pain can be unbearable and the fatigue would knock you out. Yet, van drivers are expected to get up again the following day and continue.

Doing it right

Driving a van to make a living does not have to be a hellish experience once you are able to do it right. Sometimes, it is the smallest things we do that make all the difference. For example, to avoid long term effects such as elevated blood pressure, you should take a break whenever you start to feel anxious while you are driving. What you need at that moment is to relax and calm yourself.

De-stressing after a long drive is also very important, however you prefer to do it. The bottom line is once you take charge of your health and work, ultimately you’ll be fine.

Five Benefits of Hiring a Recruiter

Searching for a job is a challenge in even the best economic circumstances. Right now, even highly qualified candidates are struggling to find a position that suits their needs and talents. Similarly, companies are unable to locate personnel that are a perfect fit for positions that need filled. Hiring a professional accounting recruiter is the best solution for these situations. There are actually many benefits associated with hiring a professional accounting recruiter; here are five of the most important.

1. Essential Positions Do Not Go Unfilled

Every company requires key personnel in order to run smoothly. If any of these essential positions are unfilled then departmental and even company operations will suffer. The longer personnel shortages affect a company, the more it will suffer. We help ensure that all positions in your company are filled by the most qualified candidates.

2. Companies Enjoy Consistent Productivity

An efficiently-run company enjoys maximum productivity at all times. When skilled, experienced employees are in positions that truly suit them, then the company is assured of the very highest productivity. Beacon Resources helps companies achieve high productivity by providing candidates that are a perfect match for every position. Employees, departments, and the whole company become more productive as a result.

3. We Work With the Best

Top candidates choose to partner with Beacon Resources; this is why we have such a great reputation in the finance industry. Companies trust us to provide top talent for positions such as:

  • Financial accounting
  • Financial reporting
  • Planning and analysis
  • Gap financial management
  • Post-merger financial integration

4. We Partner With Top Companies

Our professional network is made possible by our inclusion in the DLC Group, a portfolio of companies at the head of their game. This gives us a reach and scope that is unrivaled by other recruiters.

5. We Have a Masterful Recruitment Process

We have developed a recruitment process that utilizes best practices and industry-leading protocols. This allows us to deliver better results, faster.

Contact Us Today

Call Beacon Resources today at 1-844-500-8100 or send us a message online.

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