For those looking to implement GDPR ahead of time, here’s a quick round up of the steps you should be looking to take.
John O’Connell, Scale Up Group chairman and founder of the Enterprise Awards, asks five well-known entrepreneurs about their biggest mistakes in business.
For a lot of companies, one of the key things when signing long-term contracts is flexibility – especially for small businesses, where it might be difficult to predict what the future will bring.
Most businesses, regardless of size, want flexibility. In fact, SMEs are known for agility – there are fewer people calling the shots, there are often no clunky legacy systems in place, and they can adapt with the market as it changes.
Following the news that Agent Provocateur went into administration, with an immediate “pre-pack” sale of the business and assets to a buyer backed by Mike Ashley, it has emerged that unsecured creditors are likely to receive 2.9 pence for every pound they are owed.
After a lengthy recruitment process, you’ve hired the candidate you thought fit best. But you can’t always tell whether you made the right choice until they actually start the job, which is why probationary periods can be a boss’ best friend.
More than four-fifths of businesses surveyed reported that broadband deals are fundamental to operations, so it is encouraging that 82 per cent of business owners claim they are well-catered for by the communications market.
Since City Room Rentals was founded, Findlay encountered issues from early on with his mobile provider.
Currently, energy suppliers must notify clients when a plan is drawing to a close. The provider must give 42-49 days’ notice, and if the client doesn’t get in touch to switch or renegotiate the deal, then it can rollover the contract.
With businesses more likely to use digital contracts, the potential for confusion has multiplied. Terms can now be hidden away in a hyperlink, and the signatory is expected to read all the terms linked to, even when these could be open to change or too general for certain parties.
Departing employees are often well-placed to make use of confidential information. That’s where restrictive covenants come in.
With over 50 per cent of his business coming through public sector tenders, Richard Blanford reflects on why he’s been successful in getting work this way.