Latest News

BUSINESSES IN JERSEY FIGHT THE RECESSION

06 July 15

The economic surveys show that many small business have struggled over the past few years. There are however a small number of great success stories out there and it’s useful to take the opportunity to reflect on what theses business have done differently and how their success could be replicated.

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I’m just starting out and wonder if there are any common attributes successful small business owners have?

01 August 14

Yes and what is great is that it’s not just about resources and a great new idea or invention - which means that anyone can be successful in any industry. What it all boils down to is locally successful entrepreneurs focus on the 3 most important words in business: Intention, Attention and Responsibility.

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What’s the difference between bookkeepers and accountants?

14 July 14

Unfortunately there is nothing to stop anybody calling themselves an accountant. This means that it is worth understanding who is looking after your financial records.

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It’s all a bit hard at the moment: sales are down; staff are more than usually grumpy. What do you think I should do? Part two.

01 May 14

The first part of my response to this question in last month’s Connect looked at how identifying the purpose of your business will change how you communicate and think about your business - so leading to much improved staff engagement.

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It’s all a bit hard at the moment: sales are down, and staff are more than usually grumpy. What do you think I should do?

01 April 14

There is no quick fix to this problem other than a load of sales and, whilst possible, it’s unlikely they are just going to materialise.

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I’d like to introduce some form of performance related pay or incentivisation into the business. Any suggestions?

01 March 14

A lot of people ask this question as either they want someone not to change or conversely someone to change. Whilst the two circumstances are clear contradictions often the same solution is chosen with the broad principle being – “if you do this, then you’ll get more money”.

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