The consumer movement marks 15th March with World Consumer Rights Day every year, as a means of raising global awareness about consumer rights and needs. Celebrating the day is a chance to demand that the rights of all consumers are respected and protected. What are Consumer Rights? Consumer rights refer to the fundamental entitlements and protections […]
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It is not difficult to set up a business if you have an idea and consider you have found a gap in the market. However, the success of a business in today’s economic challenges often hinges on the calibre of its workforce. Ensuring your business is entrusted to capable individuals driven by intellect and passion
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Efficient debt management is crucial to maintaining the financial well-being of any business. Business owners must be aware of their debt to formulate a strategy going forward. This practice can lead to cost reduction, enhancement of cash flow, and preservation of a favourable credit rating. Create a Comprehensive Debt Management Strategy Once you’ve gained a
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Whether you’re launching a new enterprise or managing an existing one, there are various ways to organise your business, each with its unique advantages and drawbacks. Common structures for small and medium enterprises (SMEs) encompass the sole trader, partnership, limited liability partnership, and private limited company. It is crucial to seek customised advice, addressing both
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Planning and time management are key to achieving success in the world of business. When operating a business, individuals often find themselves immersed in their work, constantly thinking about tasks and deadlines. Additionally, they must strategise for the future and chart the course of their business. Time away from the business Effective separation of time
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Have you contemplated the potential risks associated with not having a clear business plan and the absence of a well-defined strategy? Many business proprietors concentrate on current operational matters, planning activities for the upcoming months or even just a few weeks. When unexpected circumstances arise, they often find themselves compelled to make decisions that could
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Should A Business be Charging VAT? Business owners often enquire whether they should or shouldn’t add VAT to the prices of their products. Without much consideration, many assume that if they pay VAT to their suppliers, they should also be charging VAT on what they sell. Doing so without being VAT registered is treated as
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This is a question that is asked regularly. The author has discussed some of the reasons for a business plan in previous articles. However, there are additional reasons for creating them. So, why is it crucial to possess a business plan? Financial Considerations: To initiate a business, a certain amount of startup capital is essential.
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Welcome to Kidwells Business Solutions – a dynamic UK-based brand that emerges from the fusion of professionals and departments across various companies. Functioning as one of the constituent companies within the Kidwells Group. What Drives Us? Our mission revolves around supporting every facet of businesses, from inception and operation to expansion and beyond. As a
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