Features
While the economic ramifications of the ongoing coronavirus pandemic are still very much a selection of rather worrying predicted lines and correlations on graphs, there is no doubt the world of commerce and industry is set to be deeply impacted in the long term, and likely changed for good, by the crisis.
Our physical and mental health has been at the forefront of many of our minds during Coronavirus. So should we really also be worrying about financial health? The year of 2020 saw many employees furloughed and even made redundant, causing financial stress. However, there are also many people who have been lucky to be able to continue working during COVID-19.
Running an organisation free of issues is what everyone wants. No business wants to fall victim to cyber attacks. However, that’s not always the case. Day in day out, cyber criminals are devising means of compromising businesses. According to Purplesec, Cyber crime is up by 600% due to the COVID-19 pandemic. Some other factors, such as software issues, make enterprises insecure.
In this article we will discuss no code, the no code startup and the no-code revolution and how it will impact businesses and the world around us. So, what is no code? No idea? Well, essentially it allows programmers, and perhaps more importantly, non-programmers, to create application software through graphical user interfaces and configuration instead of using traditional computer programming (or coding).
If you run a business that relies on vehicles for operations, it can become more and more difficult to manage the fleet as it grows. Keeping the fleet in good working order, making sure that driver safety is a top priority, and saving money on maintenance and repairs can all become much harder to manage as your vehicle numbers rise. Because of this, it’s no surprise that many growing fleet-based companies are turning to fleet management companies. But is this the right solution for your company? Here are some reasons why it might be the best idea.
Two decades ago, London was the place to be. The bustling environment of city life was a haven of opportunity, both personal and professional. Students, graduates, young professionals and aspiring entrepreneurs had their sights set on the cool bars of Soho and classy ‘lunch and learns’ in the hotspots of the capital while enthusiastically scribing their first business plans on whatever napkin or beer mat happened to be available; it was the only place to be.
Bored of the adage ‘If you fail to plan, you are planning to fail’? You’re not alone. Sadly, truisms – much like a parent’s advice – tend to be worth heeding. When it comes to funding, it’s best to do it well in advance. Too many companies leave it until there’s a cashflow crunch before acting. As trusted advisers, accountants need to play the role of parent, use their wisdom to identify future funding opportunities, model a couple of scenarios, and help clients find a source of finance that doesn’t leave them with unfavourable terms.
As December approaches, firms of all sizes will be planning their strategy for 2021. The second lockdown in England has brought yet another blow to the business world, and proves that industries will continue to be impacted by COVID restrictions and a new way of working. Planning for 2021 may be challenging this year, especially for small firms who have found their usual service heavily disrupted.
On 25th November 2020, the EU Commission published a new intellectual property action plan. The action plan, touted as “an intellectual property action plan to support the EU’s recovery and resilience” outlines possible future moves, noting that intangible assets are “the cornerstone of today’s economy”, with IPR-intensive industries generating 29.2% (63 million) of all jobs in the EU during the period 2014-2016, and contributing 45% of the total economic activity (GDP) in the EU worth €6 trillion.
For many, December will soon mark almost eight months of continuously working from home, a complete shift from normality when it comes to working and riding the balance between work and home life. Google trends data also reveals searches for ‘burnout’ peaking as the UK entered a second national lockdown earlier in November.
Of all the industries in the world, the jewellery business is one of the most traditional and old-fashioned. It is also the most reliant on direct interaction between master craftsmen and merchants. The most precious metals and stones in the world pass from hand to hand in a supply chain that has barely changed in hundreds of years.
If you own or run a small or medium sized business (SMB), chances are you’ve heard a lot about data: how it can give you new customer insights, tell you more about your staff, or help you make better business decisions. All of that may be true, but you’re also likely thinking about one key question: how does data help me boost my revenue?







