Growing a business is hard work, particularly during a challenging economic environment. However, now might be the time to increase your market share while your competitors are pulling back. Perhaps some of your competitors are laying off employees and if so, this could be a good time to acquire some talented people from a rival firm. You could also take advantage of less competition from rival firms and try to grow your market share.
In business, critical thinking is the ability to solve problems effectively by gathering key information about the issues at hand, generate further ideas involving a variety of perspectives, evaluating the information using logic and making sure that everyone involved is on board with the decision.
In the increasingly competitive job market, it is important for employers to attract and retain talented people to help them grow their business. More and more key staff would like the opportunity to participate in the equity of the organisation that they work for and employers that do not offer such opportunities will be at a disadvantage when looking to retain and recruit.
The cost of living increase means it’s never been more important for your employees to claim tax relief on work-related expenses. HMRC want to encourage employees to claim money they are entitled to using the HMRC online service.
Innovation has generally been recognised as essential for value creation, both for individual companies and for the UK economy as a whole. The development of new ideas, processes and technologies and their flow across different sectors is a significant driver of economic growth and productivity.