Tips to Avoid Legal Problems in Your Small Business.
Thursday, 06 June 2019 08:51
We all know that law firms make lots of money from litigation and one of the most profitable areas is business law. This ranges from everything from libel suits (defaming a competitor) to mishandling customer data. Fortunately most of this expensive problems can be mitigated by a combination of common sense and correct insurance cover.
Here at Hold Everything on Regent Street we have heard many stories over the years from companies who have fallen foul of legal guidelines, be it HMRC or for data protection failure. Even simple things like GDPR compliance need taking seriously to avoid costly solicitor’s letters.
If you are setting up a new business it is well worthing appointing a business solicitor to be on call for any troubles that might arise, prevention is an excellent strategy in this area. We are always here to discuss business problems with our clients and if we don’t know the answer ourselves we can certainly put you in the right direction.
How to Make the Most of Your Morning Energy and Be More Productive.
Sunday, 19 May 2019 20:29
Did you realise you could be letting the first few moments of your work day affect your productivity? It’s true, research has shown that many of us tackle rhe wrong jobs in the morning and then run out of important energy later on in the day. For example, many people avoid doing difficult and annoying tasks when they start their working day. There is an old saying that you should ‘eat a frog to start your day’ in other words get the nasty stuff done when you have lots of morning energy. Don’t waste your first 30 minutes reading all your email, just glance through and prioritise for later in the day.
Many of us think that it is time efficient to multi-task but recent research says this isn’t the case. It is much better to start your working day on one important project rather than flit from one to another. Importantly we should not let negativity spoil our super-productive mornings. It is easily done, holding on to the previous night’s aggravations or a difficult start with the kids. It doesn’t matter whether you work in an office or work remotely, you must still avoid becoming negative.
One of the worst energy draining things you can do is to schedule too many early morning meetings . These are basically ‘low energy’ events that are best scheduled later in the day when you have used up your morning’s energy most efficiently. And last but by no means least, try to get some natural daylight by sitting yourself near a window. Oh, and finally, don’t overdo the coffee before 11am it’s not good for you.
Climate Change Affects London Business Too.
Sunday, 05 May 2019 20:11
We have all been watching in amazement over the last few weeks as the young Swedish schoolgirl Greta Thunberg lectured world leaders on the environmental disaster facing all of us. So in our latest weekly news report we have looked at recycling and the problems we face in our capital. Waste collection giants Biffa have been complaining in the media that labelling is inconsistent and incoherent and discourages us from recycling enthusiastically. Our very own Mayor Sadiq Khan is pushing his heating cashback scheme to persuade London businesses to upgrade their boilers and cut back on the pollution they produce in our industrial zones.
At our virtual office centre here on Regent St we are aware of the pollution from an endless flow of buses and taxis along Regent Street. We do, of course, keep many business workers from making a daily commute to Central London by letting them work from their home office and let us be their face in London’s West End. Since we work for many overseas companies providing them a virtual office service we also help them save their carbon footprint in travelling to London unnecessarily.
Nobody knows just how serious the climate change situation is, there are far too many agendas being promoted in the media but it is certain that it is in all our interests that London remains a clean and unpolluted working place.
Avoiding Obstacles to Your Business Growth.
Thursday, 02 May 2019 10:18
When you start up your business it is one of the most exciting moments in your life. The future stretches out before you and you have a vision of what you might be able to achieve, in terms of prosperity for you and your family and the freedom to pursue your own personal and career goals. Yet building a business is not a simple matter and you will be faced with many choices along the road. You might, for example, decide that having a business partner would lighten your load and make expansion easier. Whilst an obvious temptation, it is not always the most effective path. The choice of a business partner should not be taken lightly. You need to find someone who has strengths to complement your weaknesses and will add extra dimensions to the business mix. Very often we choose someone who we just ‘get on with’ but cannot really offer the input you need. I would always suggest that you hold off on bringing in a partner until you have established the basic business and the search out someone who can add a complementary dynamic. If you are essentially a ‘creative’ then you should try to find a partner who is more a detail person and vice versa.
Many new entrepreneurs get easily discouraged, they view the business as a goal in itself rather than as a journey to be taken, this means that if your business goes through inevitable periods of slack you start to worry and get despondent. You need to remember that all businesses have their tough moments and that all successes have some failure along the way. Always keep in mind the reason you first set up shop, let the vision that drove you to register your company and open for business be a constant guiding light in your daily work.
In this short video we remind you of these essentials business truths. We have helped many young businesses get though their early stages by providing all the basic office services at a price that fits with the budget constraints of a new enterprise and allows them to focus on the bigger business picture.
8 Top Tips For Working With a Virtual Assistant
Thursday, 11 April 2019 21:40
When you are used to running a busy virtual office in central London the concept of ‘being virtual’ is a very seductive one. For many small businesses and start ups the natural progression from having virtual office is to have virtual assistants (VAs) scattered in low income countries. Used correctly, this type of support staff can provide a big plus for your business and allow you to delegate many routine tasks such as research and data cleaning.
So how do you find a VA? This is the easiest part as there are websites that let you find and employ a limitless number of experienced part time staff who will charge you an hourly rate way below their counterparts in the UK. The easiest site to go looking on is Upwork which has a well organised sysstem for locating the part time staff of your dreams. In a later blog post I will give tips on how to advertise for a vA and how to go through the virtual interview procedure with them. In this short post I want to show you a video I made that sets out my top tips for working effectively with a VA based on the other side of the world. In my experience the key to successfully dealing with virtual staff is to be friendly and considerate to them. Just because they live far away and your contact is on skype or email you should be as polite as if they were in the next office. The worst thing you can do is take a tone of ‘western superiority’ which will ensure you get the minimum return from your investment. Treat them as you would any loyal office colleague and you will understand why virtual is best.