customer expectation service 1253483

15 Effective Retention Strategies to Keep Your Customers Engaged

The key to sustainable growth for small businesses lies not just in acquiring new customers, but in retaining the existing ones. A study by Harvard Business School has revealed that increasing customer retention rates by just 5% can lead to a remarkable boost in profits ranging from 25% to 95%. This statistic highlights the paramount…

Read More
digital networked networking 1647000

Choosing the Right Website Building Platform for your Small Businesses

In today’s digital age, having a strong online presence is crucial for the success of any small business. One of the first steps in establishing this presence is creating a professional and user-friendly website. However, with the plethora of website building platforms available, it can be overwhelming to decide which one is the best fit…

Read More

HMRC tax enquiries jumped by over 20 per cent last year in the space of just two years with 2999,000 enquiries last year

The UK’s 4.3m self-employed workers have been advised to prioritise their tax compliance after official HMRC data shows that the tax authority opened 299,000 tax enquiries last year – a 52,000 jump equivalent to 21% compared to two years before. The statistics, gathered from HMRC’s quarterly performance updates, show that the number of tax enquiries…

Read More
student typing keyboard text 849825

What is Digital Marketing and What Can It Do for My Small Business?

The power of digital marketing cannot be overstated. For small businesses, it represents a game-changing opportunity to connect with a wider audience, build brand awareness, and drive growth. In this article, we’ll delve into the world of digital marketing, exploring its benefits, key components, strategies, and challenges, all while shedding light on what it can…

Read More
coins currency investment insurance 1523383

Top 5 Factors That Influence the Value of Your Business

Comprehending the multifaceted factors that contribute to your enterprise’s valuation is pivotal. Whether you’re embarking on an entrepreneurial journey or steering an established business, gaining insight into the core elements that shape your business’s value can be a compass for your strategies. Let’s delve deeper into the top five pivotal factors that exert a significant…

Read More
cyber network technology futuristic 3400789

Implementing Data-Driven Strategies for Small Business in 2023

In today’s fast-paced business landscape, small businesses face numerous challenges when it comes to staying competitive and making informed decisions. One powerful tool that has emerged to address these challenges is data-driven strategies. Leveraging data allows small businesses to gain valuable insights, make informed decisions, and optimise their operations for sustainable growth. In this article,…

Read More

Britain’s services sector company profits fall for seventh consecutive quarter

Profits for Britain’s services sector companies have fallen for a seventh consecutive quarter, new figures suggest, as businesses continue to struggle under the weight of higher interest rates and stubborn inflation. The latest quarterly services sector survey by the CBI has found that cost pressures and disappointing business volumes drove down profits for the consumer…

Read More
apples farmers market buy buying 1841132

10 Strategies to Reduce Customer Churn for your SaaS business in 2023

As we delve into 2023, staying ahead of the curve in reducing customer churn is paramount for businesses seeking sustained growth and profitability. The latest statistics underscore the significance of this challenge and the dynamic factors that contribute to it. Let’s explore the evolving landscape of customer churn for businesses in 2023 and discover ten…

Read More
workspace vector graphic design 2517759

Top 10 Most Powerful Uses of Google Docs for Small Businesses

Small businesses are constantly seeking innovative tools that can provide a competitive edge. One such tool that has gained significant traction is Google Docs. This cloud-based suite of applications offers a wealth of features designed to cater to the diverse needs of small businesses, enabling them to streamline their operations, enhance collaboration, and maximise efficiency….

Read More
web design user interface website 3411373

Empowering Growth: Unleashing the Potential of Data-Driven Decisions for Small Businesses in the UK

Data has emerged as the cornerstone driving transformative decision-making processes. This phenomenon holds a profound significance for small businesses in the United Kingdom. This comprehensive article delves into the intricate tapestry of data-driven decision-making, elucidating its undeniable impact on the growth trajectory of these enterprises. From discerning the pivotal role of data utilization to navigating…

Read More