Whether you are aiming for increased sales, more efficient production, better use of IT or simply a reliable team that can solve its own problems, training is often the best solution. Training can turn an employee from mediocre to good, and make a good person excellent.
Identifying and monitoring key performance indicators (KPIs) helps you focus on the areas that really matter to your business.
Company directors are responsible for the management of their companies. They must act in a way most likely to promote the success of the business and benefit its shareholders.
Building long-term profitability allows you to grow your business and the personal rewards you get from it. Creating and increasing profitability depends on doing many little things better than the competition.
Exporting can boost your turnover and reduce your dependence on UK-based customers. But moving into export is a big step - it’s important you consider whether your business is ready for the challenge.
Floating your company can be one of the most exciting experiences in your business life. But it can also be stressful, time consuming and expensive.
Whether you are the managing director or a shift leader, the way you lead is the single biggest success factor for everyone you work with. Aim to make the most of your strengths and develop key skills such as communication, delegation and effective decision-making.
Every business can benefit from minimising its environmental impact. Complying with environmental laws and doing your bit to help the planet also delivers direct business benefits.
Incentive pay can be a good way to recognise and encourage employees, motivating them to work better for your business. A badly thought-out scheme, on the other hand, can be divisive and demoralising.
Marketing is about much more than simply promoting your business. Marketing helps you understand your business environment, identify the most promising opportunities and exploit them.
If you have a promising business but cannot provide the security needed for a conventional bank loan, the Government’s Enterprise Finance Guarantee scheme may be what you need.