In the past, coaching was not offered as a benefit but mandated to those who were failing to achieve their workplace goals. The term “coaching” was synonymous with “remedial training” and carried an implication of failure. Fortunately, those days have passed and savvy business leaders and HR professionals have realised that coaching can be a great benefit for high performers.   Traditionally employers have turned to training programmes to

  The businesses that will thrive today and tomorrow are those that can be truly flexible. Businesses that are embracing flexible working can use it to help cut costs, attract talent and radically improve productivity.   Technology has changed the way we communicate and it is currently changing the way we work. Gone are the days when office workers spent every working moment in a cubicle or at a desk.

  Engage your audience When it comes to delivering a presentation, your goal is to engage your audience. The presentation itself is only the start – your aim should be that your audience will want to continue to interact with you again in the future. This will give you the opportunity to work on your business relationship with them, positioning yourself as a subject matter expert, and building trust.  

04

Nov 2016

Sustainability

  For businesses, embracing sustainability includes encouraging active preservation of the environment and communities, while also promising attractive cost savings. Many firms have made considerable savings through implementing sustainability programs across their value chains.   Reducing Operational Costs Low-cost initiatives can have a profound impact on reducing energy consumption. Legislation in the form of tax incentives is also encouraging businesses to implement sustainable practices. This includes property tax exemptions, income

  Most businesses will have considered the risk of losing valuable knowledge to the extent that when talent walks out the door, the prime concern is losing the technical know-how which those people possess. Exit interviews are reactive, somewhat ineffective and instead managers should adopt more proactive practices.   Collaboration systems such as internal forums can be useful in encouraging teams to share know-how across the firm. Some firms even

  Competition is a fact of life. The best businesses set the pace and aren’t afraid to go their own way. How do you and your firm respond to competition? Are you leaders, differentiators or do you follow the pack?   If you want to move ahead of your competitors, you need to change how your business positions itself within its sector of the market. After all, doing the same

  If you use your home for business purposes, rent out parts of your home whilst you are still in residence or if you rent out your home while you are resident elsewhere, you may need to consider the tax consequences. This article covers some of the tax issues that you may need to consider:   Use of home for business purposes   If the amount of space you use

  Generally speaking, any business expenditure that you make up to seven years before you actually start trading, is treated for tax purposes as if it was incurred on the first day of trading.   This expenditure includes rent, rates, insurance, wages and other costs that you have had to pay.   You can also claim capital allowances for qualifying assets. Again, they are treated as being made on the

 Talent Management   The “war on talent” seems to be raging on. Large businesses are competing to recruit the best graduates straight from university and many firms are prepared to pay well for the most experienced candidates. As a result, all businesses need to manage the talent they already have.   Talent management is often considered to be an HR matter but the management team in any business should be

  Despite the new dividend rules and the possible introduction of a new “look-though” entity many unincorporated businesses are still considering trading as a limited company. It is also important to consider the VAT implications of incorporation.   Where the new company carries on the same kind of business as the predecessor, the transfer of the trade and assets will normally be regarded as a transfer of a going concern