There’s a saying in business that sales managers typically create budgets using the "this year’s numbers plus 15 per cent" approach. I can say that from personal experience that is sometimes not too far from the truth and applies in companies of all shapes and sizes.
Fresh from adding a new supply of finance for European entrepreneurs, which arrived in the form of £100m, Octopus Ventures has added a mobile games entrepreneur with ties to Google and Amazon to the team.
Customers now require consistent service standards across email, social media and telephone communications, leaving it up to businesses to tackle the technical challenges this poses.
Let’s raise a glass to the latest in our 30 Digital Champions campaign with Microsoft, as Wild Knight English Vodka becomes the newest growing enterprise using tech to help scale the operation.
As the EU referendum draws closer and with the Immigration Bill nearing Royal Assent, the coming months represent a turbulent legislative landscape for employers.
Entrepreneur Warren Buffett has spent the last 50 odd years assembling a portfolio of businesses, so he's well positioned to deliver advice for both investors and employers – the latest of which claimed passive investors do better than funds handled by consultants charging high fees.
A report has found that a strategic CFO is an agile CFO – "one who can pivot on a dime and react decisively regardless of what the future holds."
You may well find it daunting to discuss with an employee the reasons for his or her sick absence. You may also think there is nothing you can do about absence and so you just accept it. As a result, you only pay lip service to any policies and concentrate on working around the problem of the missing employee.
Entrepreneurs should draw inspiration from all walks of life to improve their business ambitions, and that includes the football pitches of the Premier League.
Every kind of organisation can benefit from a workforce that thinks and tackles tasks creatively – and one of the most effective ways to foster creativity is to give personnel a colourful and stimulating environment to work in.
With technology, regulation and compliance advancing at such a rapid pace, it's important that companies keep abreast of any change that is likely to impact business and, notably, the ability to process payments – both inbound and outbound.