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How to set salaries
Non-financial incentives, such as flexible working, training, extra holidays and a good working atmosphere all have their place in rewarding employees. But let’s be honest, it’s cold hard cash that’s the main reason most staff come to work every morning. So, how do balance paying your staff enough to keep them happy while not breaking the bank?
Avoid the pitfalls of overtrading
Is your business ready for the Christmas rush? You have a great opportunity to make the most of the annual surge in consumer spending, however, you also need to avoid seasonal excesses. Overtrading is one of these risks, where your business takes on orders and tries to fulfil them at a level that can’t be supported by working capital or current assets.
Predicting financial ups and downs
Studies show that one of the main causes of business problems is lack of one specific type of planning: financial forecasting. Don't miss this advice out how to look into the future
Getting funding: sources of business finance
This factsheet outlines the main types of financial support available and lists the most important agencies offering funding. It also gives you guidance on where to obtain further information, or to apply for this support.
Use credit cards safely
Business owners are increasingly using personal credit cards to fund their businesses, particularly when it comes to major purchases such as vehicles and equipment.
Opening a Euro account
Whether or not to open a Euro account depends on your individual circumstances. It may or may not be in your best interests.
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