Investing in Business has rapidly grown over the past years, particularly with the rise in cloud based business solutions and ideas.
Therefore there is a growing amount of diverse finance, as opposed to the traditional loan from the bank. Examples of this would be crowd funding and peer to peer lending.
Crowd funding has taken a huge rise as of late, everything from business propositions all the way to a very recent one where the Neath Community need to raise £11,000 so they can have their Christmas Lights switched on. In fact, thanks to Crowd Funding they have now raised £16,500 so it really does show an online support for new businesses and incentives whatever they may be!
The good news is that actually if your new business meets specific requirements then you may also be entitled to help with business rates or tax relief for research or development. This is all thanks to the wonderful people at Business is Great.
So why not check out their links and see what you could be entitled too today:
Data driven solutions and business software specialists. Clarity365 is our cloud based online accounting and business management solution for businesses.
Showing posts with label data. Show all posts
Showing posts with label data. Show all posts
Monday, 10 November 2014
Monday, 20 October 2014
With Clarity365 you'll Be Able to get on with your Day - Try Us For Free!
Here at Clarity365 we know how busy you can be, and with that in mind we've spent the last three years developing this software, we love it and that's why we're offering you a free trial! check us out today, you won't be let down!
Avoiding the Graduate Employability Crisis
All hail students, graduates and employed graduates –
if you hadn’t noticed from the news, things are beginning to look
rather grim. For the younger amongst us, if you want to get a job (or
for the managers, keep one) it is time we woke up and smelt the roses –
we are now facing an unprecedented ‘Graduate Employability Crisis.’
Tertiary
education, which has enjoyed a steady rise in popularity since the 70s,
has for the first time reached a tipping point – there is now a huge
oversupply of graduates (Papadopolous, 2014), coupled with the lowest
number of jobs for graduates (Dodd & Tadros, 2014). Add to this the
fact that 49% of graduates say they are unprepared for the workforce
(Huynh, 2014), some are, for the first time in decades, wishing that
they simply started working after high school as they believe their
university course was a ‘waste of time.’ (Kimmorley, 2014). Given the
potentially imminent exponential increase in fees, university could be
about to become an extremely expensive waste of time (Knott &
Gilmore, 2014).
I’m not about to give up on
degrees altogether, though. After all, they are a minimum entry
requirement for many professions, and can provide an opportunity for fun
times and a great lifestyle (yes, I was a marketing student). However,
completing your degree with decent academic grades is simply not enough.
What do you need to do? Well, let’s start with a great resume and cover
letter…
NO
I’m joking.
I barely glance at peoples CV and Cover Letter.
I’m serious.
Read on for some real advice.
Contrary
to the views of most university careers professionals, advice columns,
books and websites, success as a graduate these days is not about the
best CV and cover letter. Nor is it about the best answers to interview
questions, or the best psychometric testing results. Succeeding in these
areas certainly helps, however, gathering experience in a number of key
areas will increase your employability far more than a well-crafted
cover letter. Yes folks, I’m about to let the cat out of the bag in
terms of graduate success. Read on if you dare.
i) Fail, fail often, fail repeatedly – and live to tell the tale: It
was said once that you can’t understand success until you’ve
experienced failure and this, more than ever, is true of graduates. The
workplace is often, and especially when you are young and inexperienced,
far from peachy and in fact littered with challenging and frustrating
obstacles. It goes without saying that the more times you have failed in
your pre-work life, the more resilience you will have built and the
better equipped you will be deal
with workplace challenges (including tough interview questions!). So
fail, fail, then fail again, and hone your coping mechanisms and
emotional control, whilst developing a healthy and positive attitude
towards setbacks.
ii) Start a business – or get involved with one: Even
if you aren’t studying business – you will no doubt be employed in one
when you finish, so you will need to accumulate a reasonable amount of
business and commercial acumen. The best way to do this, in my opinion,
is to start your own business whilst at university. The product or
service is irrelevant, the important part of the exercise is that to
start a business, you will need to consider how to create a strategy,
market and sell something, manage finances, and possibly even manage
people. Doesn’t that sound like…yep,
that’s basically what any business, large or small, tries to achieve.
Learning these lessons early will put you light years ahead of your
peers in terms of ‘big picture’ business understanding. This is your
lightbulb moment! Clarity365
would help you actually develop your acumen with our easy, simple
business management solution. Don't go excel if you do go it alone,
speak with us!
iii) Learn how to sell: I
feel like ‘sales’ has turned into a slightly dirty word, and many
students avoid jobs of this description like the plague – but I can tell
you, nothing influenced my interview skills, and later influencing
skills, more than having a challenging sales jobs.
Because it goes without saying if you can sell a substandard product
that you don’t believe in to people you don’t like, that you will be
able to translate this skill into selling yourself and your services. So
the next time you see a job advertisement for telemarketing…think about it.
iv) Say Yes to Everything : This is simple mathematics. The more activities you participate in the
more people you meet, the higher chance you will meet someone that will
give you your ‘lucky break.’ Furthermore, having a diversity of
experiences makes you a more interesting person, and also increases your
chances that you will be able to make better conversation and have more
in common with more people, including the hiring manager sitting in
front of you. Party? YES. Travel? YES. Volunteering? Yes. Yes. YES YES
YES.
v) Go it alone: I
turned up to a final interview once, and the hiring manager had screwed
up my interview guide. ‘What are you doing?’ I asked, perplexed. ‘I
don’t need that,’ she responded. ‘The only question I need to ask the
graduate is what is she is doing to be independent from her parents.’
It
was an extreme reaction, but one that had an undertone of truth. How
are you meant to function as an independent adult in the workplace, if
you have never cooked a meal, cleaned your bathroom or made your bed?
Despite the emphasis placed on teamwork in modern workplaces, at the end
of the day you are paid a (base) salary for your individual
performance. You will have to make decisions, take responsibility, and
generally function as an independent being. It’s better to ‘practice’
being independent then
before you are forced to – by moving out, and taking responsibility for
your own life and decisions. Also – remember that you are Generation Y,
and the hiring manager staring at you on the other side of the table
probably was married with children at your age. So it helps to show them
you are an established, independent adult.
vi) Believe in Something: The
amount of young people I meet that can’t identify a passion (outside of
their studies, which I believe they are sometimes programmed to say) is
truly startling. My sibling is one of these people, she went to
University, studied fine art and now...well what does she want to do? what does she believe in? If you don’t believe in anything, is life even
worth living? Having a passion is absolutely key, both whilst studying
and when at work, as it shows you have balance. Also, if you can
convince a hiring manager you
believe in something, or ultimately, inspire them to share your belief,
they will have every reason to believe you will bring that same passion
to your work and career. So – what do you believe in?
Friends, the Graduate Employability Crisis is amongst us — but don’t let it apply to you.
REFERENCES
Dodd, T & Tadros, E (30 July 2014) Graduate Employment Worst Since 1992 Recession. AFR. http://www.afr.com/p/national/work_space/graduate_employment_worst_since_cgxKIHNeXZ5nvpl0jB85y
Huynh, M. (Aug 11 2014) Australia’s University Graduates not cut out for the workforce? Start Up Daily http://www.startupdaily.com.au/2014/08/australian-university-graduates-cut-workforce/
Kimmorley, S. (Aug 7 2014) Graduates are Leaving University Feeling Underprepared Saying Working Would Have Been Better Than a Degree. Business Insider. http://www.businessinsider.com.au/graduates-are-leaving-university-feeling-underprepared-say-working-would-have-been-better-than-a-degree-2014-8
Knott, M & Gilmore, H. (May 14, 2014) Graduates Could Pay Up to $120,000 in debt, HECS architect warns. SMH. http://www.smh.com.au/federal-politics/political-news/graduates-could-pay-up-to-120000-in-debt-hecs-architect-warns-20140514-zrctv.html
Papadopolous, T. (11 July 2014) Overqualified and Underemployed – Meet Australia’s Graduates. Business Spectator.http://www.businessspectator.com.au/article/2014/7/11/education/overqualifie in d-and-underemployed-meet-australias-graduates
republished by medium
republished by medium
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Tuesday, 23 September 2014
The Problem with Excel
The Problem with Excel…
I know, it's a tricky one about letting go of something you feel is tried and tested. However fundamentally change is for the positive in this case, you'll feel in control, and save yourself time, effort and money in the long term. Try clarity365 for
free today.
We all know that Excel
can do an awesome amount of tasks for you to ease your working day and of
course, most businesses use it in some manner. Though the ever changing updates
and constant self-training involved can often lead to more issues down the line
so yes its sturdy however it often leads to mistakes.
As a person who has used
Excel for many years, from holidays to mileage forms I have lost track of my
own path numerous times, and whilst managing other employees expenses made something
sturdy, inconceivable to use.
Showing the pitfalls in big business
A prime example of this
would be JP Morgan, an American finance organisation whom, as others in the financial
sector used Excel on a daily basis.
Fundamentally, a simple
copy and paste plus a faulty equation made them a loss of $6 million dollars,
with possible fines of $600 million. This is an extortionate mistake for a
company of such stature.
Ok, so no I have never
lost a company that much money but I may hold my hands up and say that I might
have signed off a private expense inadvertently as there are so many loop
holes, from general errors, to managing holidays and expenses you can make
mistakes from all angles.
The issue with using Excel as an accountancy
package
- Everybody studied I.T in school/college but how much do we actually know about it as a product and service. As mentioned the updates, confused ribbons and changing formats means that without an Excel Bible glued to your hip, chances are you’d miss a trick.
- Setting up your accounts through Excel is time consuming and can often lead to a general lack of understanding of how it can help you in the long term. However the huge catch-22 is that it’s free so you balance its ease of use (or lack of it) with the fact it’s free. Actually you waste time and money by trying to work out how to use it.
- In Excel, there is no flexibility, once you’ve set it up you can’t change or reconfigure later on. So you’re limited to its usability.
- Yes we all know this, Excel is massively susceptible to fraud. I can remember working for a organisation where managers in separate departments used the same spreadsheet to compile and edit their own departments expenses, who’s to say that a colleague didn’t change £150 to £15000, we wouldn’t really know and fundamentally this could break your business.
- Performance issues are a huge thing with Excel, when you start putting in large amounts of data onto your worksheets Excel simply has a nervous breakdown. Accounting software will integrate everything for you.
- Hello road block, as Excel doesn’t track anything for you. Its down to you to monitor and understand your accounting software.
Why software is a better solution for you
It’s
easy! The cloud based super secure network leaves you in control, with real
time dashboards and data information, and you’ll wonder why you never have used
it before as it’s so simple and puts you in control.
Have as
many or as little users as you’d like, remembering that you are able to control
who sees what within the dashboard, giving you the knowledge that your secure
information isn’t being viewed by employees whom don’t need to see such sensitive
information. You’re guaranteed maximum up time of the software, and backups are
done nightly in highly secure, offsite servers, giving you peace of mind. It
also takes the pressure off your business to provide adequate storage, which
can be costly.
No chance
of fraud here, our solution is double SSL encrypted so exactly the same but
even more secure then online banking, which is something we do every day and we put our
complete trust that we’re never going to get hacked.
Reporting
should be easy, and take you no time at all. From profit and loss, balance
sheets, tax returns, reporting for management and much more, it’s all there
under one simple click.
Reasons why accounting software is better than
Excel
- Feel confident from the start
With our easy to use dashboard, you’ll feel confident in the knowledge that you
are on the right track with your business straight from the word go!
- The data is always correct
Real-time financials are always kept in one central place, no longer do you need to worry about being glued to your desk, access our solution anywhere as we’re fully mobile integrated whilst maintaining the highest level of security.
- Live information
Panic stations over, if you’ve got a big investor coming to visit you, its no problem as you can get all the information you’d require in minutes. Think of how accurate your finances will be, leaving you in control and giving you the time to grow.
- You’ll have a clean audit
trail
All of the historical information that your investors might need is available at their fingertips. A proper audit trail ensures your data cannot be compromised. It also records a document of every business transaction. This includes sales contracts, payments to employees, and more. Having a complete audit trail reassures investors about the validity of the company and meets the tax department’s needs.
- Access to data anywhere,
anytime
Give any member of your team access your data online anytime, anywhere (as long as you grant them permission to do so.) Cloud software enables you to share your financial information with your employees, accountant, bookkeeper or financial advisor.
It’s about letting your business grow
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