Top business tips for increasing sales in 2018

These tips not only work with small businesses but can also be applied to big companies as well. Increasing sales in any business is not an easy task, mainly because it requires a lot of dedication to get to a point whereby you can say your sales have increased. Here are just a few basic tips for increasing sales in 2018: Good customer care It is not a secret that good customer services can greatly impact your business and sales, and it can actually provide some assurances for retaining your customer base. Think about it, if you have a team of friendly individuals who genuinely are about the customers and making their lives easier with order and advice, they’ll more likely return to buy from your company in the future....

How to get out of your bank overdraft

If you find yourself sitting in an overdraft every month, with your monthly pay not helping after rent and other outgoings come in to play. There are options to help manage your overdraft and avoid those high interest rates and fees you might be being charged each month. Bank loan- Taking out a bank loan may help take you out of your overdraft and provide you with manageable monthly payments. You should be able to arrange a meeting with your bank to discuss how you can manage your money and begin a saving plan. Money Transfer credit card- This could be an option to help you get out of your overdraft, however, you must check that the credit card offers 0% transfer rates and time frames that these offers apply...

Things to consider before taking out a bank loan

Bank loans are a good option to assist you financially for large purchases or to simply get you back on your feet. There are a few things to consider before you decide to go ahead with any bank loan. Do you really need a bank loan? This is the most important question to ask yourself. Is loaning money from the bank the only way you can obtain the money your need? Have you considered borrowing money from a relative or working extra shifts? There is a certain criteria you have to meet for the bank to accept you for a bank loan. Having a regular income is essential, and you must be out of a probation period before you apply. Work out how much you wish to borrow and how...

Sorting out your pension plans early

Starting a pension plan as early as possible is extremely beneficial, and you will certainly thank yourself later in life. You are never too young to start thinking about your long term money plans. As you leave education and begin working, your employer will talk to you about a pension scheme, and will discuss with you about how much you wish to contribute. Pension contributions are done in percentages and you can begin with the minimum amount or start at a higher contribution and reassess how you are managing with current finances. Your pension contribution amount can be changed at any time, but it is always to keep your percentage as high as you can manage, as this will benefit you once you retire. Many young people put their pension...

Should I hire an accountant?

  Should I hire an accountant? This is a popular question for new business owners, and there is no simple yes or no answer. Sorting out and managing your incomings and outgoings in one thing but calculating your taxations can prove a little too difficult, that when an accountant comes in handy. Hiring an accountant could save you money in the long run, as they can calculate an accurate tax summary. They will be able to optimise the declaration of any expensive, which could give you a nicer end of year tax figure. Accountants are able to professionally submit your businesses annual tax statement without the risk of getting it wrong, which can often be the case when attempting it alone. An accountant may also be able to offer you...