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A Good Coach is a Good Manager

In addition to ensuring the achievement of business objectives, managers are responsible for encouraging growth, confidence and ambition in employees.

Effective leadership techniques have evolved over the last few decades and the way that managers interface with their teams has become more focused on getting the most out of people through coaching. Compared to a more directive style, a manager who uses a coaching style tends to foster an environment of collaboration and more open communication.

Creating a Great Business Strategy

When many of us think about business strategy, academics and expensive business consultants tend to spring to mind. The good news is that creating a really great business strategy doesn’t have to be complex.

Put simply, a strategy is what you need to get your business from where it is today to where you want it to be in say, 5 years time. Here are three simple steps to creating an effective strategy for your business:

Simplification of Inheritance Tax

The Office of Tax Simplification (OTS) have been tasked with carrying out a review of Inheritance Tax (IHT) with a view to simplifying how the tax operates. IHT is perceived to be complicated and currently yields a relatively small amount of tax compared to income tax and national insurance.

Making Tax Digital Delayed Further, Apart from VAT Reporting

HMRC have confirmed that no further MTD for business changes will be brought in before 2020 at the earliest.

The Treasury set out its revised priorities for current digital transformation projects, to make room for the additional demands on its resources of work to upgrade customs systems in preparation for Brexit. 

Marriage Relief

Since 6 April 2015, it has been possible for you to transfer £1,190 of your annual personal allowance to your husband, wife or civil partner if they earn more than you do. This is a relief which is not being made the most of by a number of people but is worth a tax reduction of up to £238 per year.

Off-Payroll Rules (IR35) to be Extended to Private Sector Workers?

As mentioned in the Autumn Budget, the Government has opened a consultation into a possible extension of the rules that currently apply to “off-payroll” workers in the public sector to the private sector. This consultation is being undertaken at the same time as the consultation into employment status.

Guerrilla Coaching

Some new-fangled description of an age-old method, just to get new punters looking this way?

Well no! Guerrilla Marketing and Guerrilla Coaching are about stepping right in, doing some small stuff, and stepping right out. Small Interventions, BIG results.

GDPR is Almost Here!

The implementation date for the EU Data Protection Regulation (GDPR) is 25 May. Despite Brexit, UK businesses will need to comply.

In order to maintain business links with EU countries, the UK will need to create EU equivalent rules and regulations. GDPR is an example of this and must be complied with if businesses want to trade with the EU. The GDPR regulations are more favourable to consumers than businesses.

Don't Panic! Creating a Disaster Recovery Plan for Your Business

A disaster recovery plan is a documented process designed to help recover and protect a business and its infrastructure in the event of a disaster. It provides a clear plan of action to be taken before, during and after a disaster.

Diversity and Inclusion

Thanks to recent coverage in the global press, diversity and inclusion in the workplace have become an even greater priority for businesses.

As the UK population becomes more diverse, the businesses that embrace diversity and inclusion are more likely to be able to relate to their clients and target sectors, therefore improving their chances of winning new customers.

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