Summer seems to go by quicker every year, and it’s hard to believe that the children have already been back at school for a couple of weeks. Now they’re rested they can continue their journey to fulfilling their potential, and it could be the same for your business.
A chance to reflect
If we’re refreshed from a summer break, it’s a good time to reflect on the year that has passed so far.
At Larking Gowen we have over 300 employees across nine locations and ensuring their mental wellbeing is a very important part of our core values.
We are training managers to support staff and identify any issues that may arise in their day- to-day lives that affect their wellbeing. All of our staff have access to a confidential, free, 24 hour support helpline covering many different services including mental health issues, family issues, gambling, financial pressures, stress, and housing, to mention just a few.
We have seen some unusual political times over the last few years and these have produced uncertainties for the many small businesses that are the lifeblood of the UK economy. I have written recently about Making Tax Digital (MTD) and how this would have a significant impact for these small businesses, including those with rented properties.
On 11 July, the Taylor report, an independent review of modern working practices, was released. This review considers the implications of new forms of work on worker rights and responsibilities, as well as on employer freedoms and obligations. It sets out seven principles to address the challenges facing the UK labour market.
You may have heard that the Government recently announced a new timetable for Making Tax Digital (MTD).
Originally, the start date for many businesses was April 2018, however, they will now not be asked to keep digital records, or update HMRC quarterly, until at least 2020. This applies to all taxes except VAT.
Larking Gowen has been running a trilogy of business breakfasts on the theme of ‘How to make business fun, fulfilling and financially rewarding in 2017’. In June we presented part 2: ‘Invest in yourself’, and I thought that I would share some of the presentation with you.
Start by asking yourself some questions:
Focus on what you want to achieve; sometimes it is just not painful enough to make that change and remember, if there is no will, there will be no way!
Are you pulled by a dream or pushed by circumstances?
Have you identified your values?
What would you like to be remembered for?
What makes life worthwhile?
Stephen R Covey said: “If I really want to improve my situation, I can work on the one thing I have control over – myself.
Data protection has always been considered a key concern for big business. High profile data breaches in recent years highlight the scale on which data is now gathered and the risks inherent with collection of data en masse.
It has been almost two decades since the UK Data Protection Act was introduced in 1998.
You’ve started your business, you’ve perfected your offering, now all you need to do is find someone to buy from you. Social media is an effective way to promote yourself, so why bother to network?
What puts people off networking?
Some of my clients are put off networking because they feel it involves getting up at the crack of dawn, and having to stand up and deliver a short talk to sell themselves.
Now that we are in the new financial year it is perhaps a good time to consider the financial state of the agricultural industry in the UK. “Fragile” is a good word to start the assessment. Commodity prices have picked up over the last six months, but much of this is simply a currency movement following the Brexit vote and even so there is still relatively little margin when wheat stands at under £140 for harvest.
February marked the 75th anniversary of American troops arriving in the UK during the Second World War. The arrival of thousands of American personnel to the east of England changed the region forever. By 1943 there were more than 100,000 US airman based in Britain, mainly in East Anglia.
For this reason, Larking Gowen decided to hold its 2017 Tourism Survey Seminar in Suffolk, at The Swan in Lavenham.