Category Archives: Business

When was the birth of modern accounting?

While it may not seem like the most scintillating of subjects, modern accounting is something that plays an extremely important role in all of our lives.  As we have become increasingly corporate in our society, the balancing of books to show that investments and social projects are able to pay their way has become an important factor.  The beginnings of modern accounting start at the end of the 19th century and the start of the 20th.  certain events laid The foundations for the modern world of accounting that we have today. Bookkeepers Southend on sea or anywhere else for that matter, owe much to these pioneering times.

Image credit

The first major building block of modern accounting stems from the Industrial Revolution.  As the huge profits generated by the production of coal, steel, cotton and mass produced products began their had to be a way of illustrating how and where money was being spent and earned.  In this way huge corporations also grew to maintain control of these resources.

Image credit

Governments soon realised that there needed to be a level of control exerted upon these large operations so they demanded that businesses properly account their credits and debits based on the system developed by Luca Pacioli.  Proper accounting bodies, that were professional, started to spring up.  These bodies ensured that all of the  financial operations that large corporations engaged in were cost and accounted for.  Within this was the work of the bookkeepers tirelessly documenting everything.

How did Labour Rise to Power in 1997?

For over a decade, New Labour were in control of the UK -the later 90s and into the new millennium saw Labour rise from relative political obscurity to win the election with a landslide victory. After so many years under Tory party rule, Britain was about to be changed. To discover how this came about, you have to go back to the 1980s…

The 1983 labour party suffered a huge defeat to Margaret Thatcher’s Conservative Government. In Britain at the time, the 70s were a recent memory and the strikes and economic issues of the time were certainly not something that had been forgotten. It was in this year that the future two Labour Prime ministers joined the party as MPs – Tony Blair and Gordon Brown.

Image Credit

Neil Kinnock then became leader, and among other changes, he adapted the new logo of the red rose and hired Peter Mandelson to take charge of the election campaign. Despite the defeat of Labour once again in the 1987 election, Peter Mandelson had spotted potential in Blair and Brown.

Image Credit

Through the early nineties, the Labour party sought to change its old image, particularly that of being the party that would raise taxes in order to appeal to the voters. Once Blair won the leadership campaign, he then also had the assistance of Alastair Campbell  https://www.theneweuropean.co.uk/contributor/alastair-campbell/ who at the time was a journalist working for the Daily Mirror.

With all of these changes in place and with the public increasingly dissatisfied with the Tory government, Labour won the 1997 election with a huge majority.

Things to think about when purchasing a Refurbished Laptop

A new laptop is an expensive investment and not everyone can afford one. However, a refurbished device could well be a consideration for those on a budget. Nevertheless, there are risks involved in doing so as many private sellers don’t offer warranties. However, buyers can mitigate those risks by using online professional computer sales companies. Buying a device through these sites also allows buyers to make secure payments and offers protections if the device doesn’t work as advertised with warranties. Continue reading Things to think about when purchasing a Refurbished Laptop

How to run a building site efficiently and effectively.

A building site of any size needs to be organised, efficient and effective for it to run smoothly, contractors, suppliers, labourers, and the site manager have to communicate well together on a daily basis.  Having a professional company like https://www.tc-consult.co.uk/service/quantity-surveying/ on your team will certainly make your lives much easier as they are one of only just a few elite specialist Quantity Surveying Companies.  Keeping communications open and honest between all the teams is essential and an experienced Quantity Surveyor will have a wealth of experience behind them in order to ensure these crucial talks are conducted effectively.

Image credit

A building site can potentially be a fatal place to work with all the building machinery and equipment as well as labourers possibly working at incredible heights. The most common injury to occur on any building site is a fall and these accidents make up 35% of all construction injuries.  Falling from scaffolds, roofs, ladders or chimneys, it depends on the height from which the fall occurs as to the possible severity of the accident.  Having a well organised, well-run site will certainly reduce the potential for any unfortunate accidents.

Image credit

An honest, down-to-earth, practical approach from your professional Quantity Surveyor means that all the way from the first feasibility study until the final hand-over at the end of the building project the day to day working of the site will be smooth and the success of the build will be guaranteed.

Using Marketing and Branding to Help your Business Grow and Succeed

To grow a small business, you need to make sure that you get your name out there. Marketing is essential, whether you have a business that is large or small – however, before you start, you firstly need to have a strong brand.

Branding a business is something that requires a lot of thought. A brand is more than a company logo, or uniform – you need to get across a message about your business, your values and what makes you stand out. A strong brand is something that people become familiar with, building a relationship of trust.

Image Credit

There is a lot that goes into creating a brand – from using the right colours to thinking about your brand values. Once you have the right branding, you can then go forward and start to think about how you will market your company effectively.

Image Credit

Online marketing should not be ignored in this day and age – for a small business, local SEO can be really beneficial. Get in touch with a professional like this SEO services provider https://www.rycomarketing.ie/seo-services/ who will be able to help you to target the area that you want and help you be found online.

Social media is also something that many businesses, both large and small make the most of in regards to marketing. Different social media platforms can be really beneficial, helping you connect to other local businesses and also to target your particular market for your business.

Methods of Employee Training

To keep your employees motivated and productive, you will likely invest in training, and there are many ways to keep your employees learning and developing their skills.

On the Job

One employee can instruct another in a new skill or supervise them in undertaking a project in a new area. Success can depend on the quality of the trainer, and when someone is regularly training new starters or members of their team, they should be trained in how to prepare and coach to get the best out of them.

Image credit

Off the Job

A trainee will have to take time away from their day-to-day work to attend a course, seminar, or lecture which teaches them something new. Conference attendance is another off-the-job training employers invest in for their team members.

Online

Online training courses can be a great way to grow your business’s skills because employees can fit online training modules into their working patterns. They can complete the training when they feel most comfortable. Find out about Train The Trainer Courses by visiting collegeofpublicspeaking.co.uk/courses/train-the-trainer-courses

Image credit

Apprenticeships

A combination of gaining practical knowledge working on the job and learning theory in a classroom, apprenticeships are something that most employers are required to invest in. An apprenticeship can last four or five years and be completed while working when the employer consents their employees to take time out of their regular work to study.

Training Centres

Instructors can give training on new equipment and unique processes on machines in training centres, where a worker can learn how to use them without the pressure of everyday work happening around them.

Combining some of these training methods can mean you have a rich and personalised employee training and development programme which adds value to your business in the long term.

How to Optimise Pack Line Productivity

The key to high packaging line productivity is to optimise the process. This can be done through various methods, from equipment improvements to more effective staff training.

First, look at your current performance metrics. Then, evaluate how they compare with your ideal production output. You may need to adjust your expectations. For outsourcing with Contract Packing, contact www.wyepak.co.uk/contract-packing/

Image credit

For example, your packaging line has a much lower throughput than you expected. In such cases, it’s essential to understand what’s causing the problem. Once you understand your bottlenecks, you can start optimising your production. Your goal might be to increase throughput or minimise changeover time.

Often, the speed of a packaging line is measured by how quickly products leave the assembly workstation. The whole line might slow down if a machine cannot keep up with this. A broken machine could mean downtime and labour costs, depending on the situation.

Investing in automated machinery can add efficiency and reduce the likelihood of manual errors. But if the equipment is too old, it might need help keeping up with the needs of your operation.

Image credit

There are also other factors to consider. Damaged materials and consumables, for instance, can slow down a line. Likewise, if supplies get warped during storage, they might wrinkle the packaging line.

Another issue that can cause problems is poor maintenance. Fortunately, today’s technology has made it easier to avoid such issues. By identifying what’s causing your production to slow down, you can create a workaround that will help your company save money and improve the efficiency of your operations.

Skills you need to work in care

Working in care, in Care Jobs Gloucester way such as the ones you can find at https://takefivehealthcare.co.uk/job-search/care-assistant-jobs-gloucestershire/care-assistant-jobs-gloucester/ can be incredibly rewarding roles. There are lots of different tasks that can be undertaken whilst working in care and the type of role that you take up will depend on whether there are areas of the industry that you want to specialise in as well as the skills and experience that you have.

Image credit

Regardless of whether you choose to specialise in one area of care or decide to work in a role that allows you to support individuals in their own homes, there are a number of skills that are needed for you to be successful in this industry.

  • Patience – when working with people who need care support, you need to have patience. In some circumstances these individuals need time to be able to carry out tasks. They need to be given the time that they need to carry out these activities without feeling they are being rushed or pressured.

Image credit

  • Multi-tasking – there are times when you might need to carry out a number of different tasks at the same time and being able to multitask can then come in handy.
  • Good communication skills – communication skills are key in any job but when working with those who need extra support you may need to draw on different ways to communicate.

Four Things to Look for When Choosing your Retirement Property

When you get to retirement, there are lots of big life decisions that you might want to make, as retirement is a time of big changes. You might be planning to spend more time with family or have goals and dreams to spend some time travelling. Something else that you might also be thinking about at this time is moving house – with no work to go to, priorities will change, and you might want to also move to a house that can better support this new phase in your life. Continue reading Four Things to Look for When Choosing your Retirement Property

How can an employee establish that they have been constructively dismissed?

Constructive dismissal, resignation, being forced to quit. Regardless as to what term is used, losing a job is never nice; it hurts more when the employee leaving the position feels they had no other choice but to resign.

Image Credit

But what exactly is constructive dismissal, and when can an employee make a claim? Below are a few pointers on what is meant by this term, what might cause constructive dismissal, and how to go about making a claim in the event of being affected.

What is constructive dismissal?

The term constructive dismissal is used when an employee quits their job in direct response to the conduct of the employer. This conduct must be in breach of an important part of their contract, express or implied, to be deemed constructive dismissal. In this case, the employee may regard themselves as having been effectively dismissed; they’ve essentially been forced to leave a job they did not want to leave.

Poor conduct examples may include an employer changing the duties of an employee without first consulting with them or being entitled to do so, reducing an employee’s rate of pay or not paying their salary, demotion without warning, removal of benefits or making changes to an employee’s hours of work or place of work outside the range of what is deemed reasonable.

When can a claim be made?

An employee might be eligible to make a claim against an employer in the case of a repudiatory breach. This is a breach of either an express or even implied term of their contract of employment. In this case, an employee may feel that they have been effectively dismissed and can potentially make a claim.

The employee may be due compensation in the case of such a breach of contract resulting in constructive or unfair dismissal. If the employee isn’t sure whether a claim is possible, a website such as https://www.employmentlawfriend.co.uk/constructive-dismissal may offer assistance as to how to go about the next steps following dismissal, as well as templates and free guides on how to interpret UK employment law.

One important thing to consider is that an employee resigning without giving due notice will be considered by an employment tribunal. In this case, the compensation due will be made in accordance with the financial position the employee would have been in had proper procedures been followed. In other words, they may be due the pay for their remaining notice period in addition to any other recompense.

A constructive dismissal claim differs from an unfair dismissal claim in that the latter is usually only an option available to employees who have been in their employment for more than two years. In this instance, a tribunal would consider the reason for the dismissal and whether the employer behaved in accordance with the employee’s contract.

How much compensation might an employee be due?

If the employee is successful with their claim, their compensation will be calculated based on several standard factors, including their length of service, salary, and age.

An employment tribunal may also investigate any financial losses the employee might have suffered as a direct result of having to leave their job, taking into account what the employee has done to mitigate this loss (for example, by looking for new work).

Image Credit

It should be noted that constructive dismissal claims have a time limit of three months from the date of termination, so any claims should be made in a timely manner. As we noted above, getting the right document templates and guidance on employment law is the best way to ensure success.