Category: Business Insurance

Whether you’re an entrepreneur or a business owner, productivity is vital for your success—lifestyle, technology, habits, and discipline matter.

All of us seem to get busier day by day. Despite technology being our ‘Knight in Shiny Armor’, making everything more accessible, we continue to be busy. We use the term “I’m busy” as a badge of honor. If you’re not eventful, you’re acting like a lazy person, and laziness is the very opposite if you want to be a tycoon. However, keeping yourself busy for countless uninterrupted hours doesn’t mean you’re proficient.

The truth is, you require systems to determine what works best for you, to do things slowly. But with extra attention, to adapt the proper habits that will improve your productivity in the long term.

But some professionals, such as entrepreneurs or business owners, usually have many goals to accomplish in little time. On prime of that, they … Read the rest

More than three quarters of SMEs with restrictive budgets are struggling to compete with bigger organisations due to the lack of access to innovative technology, impacting their ability to grow and enlist talent, according to new research.

The survey found some 84 per cent of small businesses say they are unable to keep up with the bigger budgets of larger organisations for technology innovation and digital transformation, with nearly half saying it is restricting growth and nearly the same number saying it has impacted their ability to recruit.

Combined with the impact of COVID-19, a lack of fit-for-purpose technology options and prohibitive costs could lead to many SMEs losing out long-term if they do not take advantage of more flexible and cost-effective solutions.

The research found Technology concerns moved way beyond operational efficiencies, however. A third of businesses surveyed said they felt they were exposed to cyber security risks by … Read the rest

No matter how experienced and successful they are, every business owner is always looking for ways to increase the performance of their business. This process can seem daunting at times, but if you know the right strategies you can apply, it’s going to be easier than you think.

Another thing people worry about is how 2020 was hard on all industries, as it was a very stressful year full of uncertainties and failures. However, 2021 is a fresh new start and if you know all the necessary steps, not only will your business survive this year, it will also thrive.

Use Data Wisely

The importance of data in the modern business world is immeasurable and here are three steps to using data that will ensure you get the best business performance:

• Know what you’re trying to achieve. There are certain issues your business can solve with the help of

The Government spent more than £30,000 promoting the failed Pick For Britain scheme as farmers could not recruit the 60,000 British volunteers needed to save UK crops when the coronavirus pandemic stopped seasonal foreign workers from entering the last year.

Yet £29,830 was spent between April 2020 and April 2021 on the failed scheme, the Department for Environment, Food and Rural Affairs (Defra) told the Daily Mail in a response to a Freedom of Information request.

The figure includes £1,424 paid to Concordia Ltd, a volunteering and international work placements charity, for a film of UK farm workers ‘used to create promotional recruitment materials for the Pick for Britain campaign’, the department’s response read.

Another £2,500 was then paid to the National Union of Students (NUS) so the Government could find out what went wrong after the scheme was scrapped in April 2021.

Pick for Britain, brought in by the … Read the rest

Fiat and crypto have differences that are obvious while some are obscure. Both are only as valuable as their usefulness in payment processing is. When evaluating the potential investment in either crypto or fiat, however, some find crypto to have more appeal.

Inflation is still a potential factor with cryptocurrencies, but with fiat, it is a sure factor at play. Keeping fiat cash in a bank account will eventually decrease the value of that money. As crypto stands today, its market is so large that it hasn’t even gotten close to saturating it.

What Is Fiat Money?

Paper-bill notes are the most common form of fiat money. To be very specific, fiat is any form of currency in which its value is based on changeable prices and not something inherent. Inherent value in this case would be like that found in gold. The actual gold is what has value and … Read the rest

Matty Street talks to us about how his karting company, TeamKarting, has been his saviour and how they survived the pandemic.

What’s the background to your business?

I was diagnosed with dyslexia, dyspraxia and Asperger’s whilst at school. When I was 12, I discovered the world of motorsport through karting and found it really helped me to cope with the challenges of these conditions which made traditional schooling quite tough.

I studied motorsport engineering then went on to secure a degree, working at TeamKarting indoor racetrack in Rochdale throughout. I then raised investment to buy out the TeamKarting business in 2017 when I was 19. In 2019, I took the next step and launched an in-house kart race team that offers a full progression route from indoor karting to outdoor racing. Soon after, I set up the Cadet Kart Championship after being quite frustrated with the championships on offer.

Keeping … Read the rest

In the business world, finding the right budgeting strategy can be crucial to success. A top-down budget refers to a budgeting process in which management makes decisions about the company’s expenditure. Traditionally, budgets were created according to a bottom-up method. Bottom-up is just a top-down method flipped on its head. This article will tell you what top-down budgeting is and how it can impact businesses:

What is Top-Down Budgeting?

Top-down budgeting is when management arranges the company’s budget. The company’s senior management will meet and arrange a budget based on their objectives and goals for the company. To come to a final budget, the company’s management will take the current market into considerations. They will also discuss the previous year’s financial budget, how it worked, and if any changes need to be made to it or if they can implement the same budget. Senior management will also take tax, inflation, … Read the rest

Another giant move for crypto currencies as Scottish crypto currency wallet Zumo announced as signatory to the global crypto climate accord.

In cooperation with fintech and crypto industry leaders, Energy Web Foundation, the Alliance for Innovative Regulation and RMI created the Crypto Climate Accord. The Accord, inspired by the Paris Climate Agreement, is a private sector-led initiative for the entire crypto community focused on decarbonising the cryptocurrency industry.

Crypto Climate Accord Signatories are crypto market participants that make a public commitment to achieve net-zero emissions from electricity consumption associated with all of their respective crypto-related operations by 2030 and to report progress toward this net-zero emissions target using best industry practices. All Signatories also serve in the role of being a Supporter.

Zumo, a decentralised finance platform that makes regular money and cryptocurrency work seamlessly together, announced its key Signatory status of the Crypto Climate Accord (CCA), a global initiative … Read the rest

There comes a time when Indians have problems funding their online gambling account. Fortunately, that’s a thing of the past as today, there are several payment methods for Indian players, and we are going to discuss some of the common ones in this article. Indian online gamblers are given many ways to make payments on online gambling platforms, and all they have to do is choose the one that suits their style and preference. 

• Bank cards – Using bank cards can be a trial-and-error thing as some banks in India block payments once they detected that it’s for gambling purposes. However, international banks allow payments to online gambling sites. You can use bank cards like VISA, MasterCard, and RuPay. Banks that allow payments to Indian gambling sites offer comfort and convenience to all types of online players. 
• E-wallets – If you want to be sure with your payment, your best