Operations

Our operations section contains a range of articles to assist small and medium business owners with the day-to-day running of their enterprise; from choosing a business premises to managing company supplies we’ve got expert advice to help you run your business efficiently.

Lottery business law

Understanding starting a lottery business

If you’re thinking of starting a Lottery business, be aware that the UK has strict laws regarding lotteries and the industry is heavily regulated by the Gambling Commission. Running an illegal lottery could result in a prison sentence and £5,000 fine, so it’s essential that you understand lottery business law as laid out in The Gambling Act 2005. Lottery definition Under the Gambling Act, a lottery is defined as something that players pay the same price to enter and has at least one prize that’s allocated through a process of pure chance. Examples of a lottery include a sweepstakes, raffle or tombola. Competitions that depend on skill, knowledge or judgement, such as requiring players to answer a question to enter a draw, are not classed as lotteries. Types of lotteries and licences There ... »

4 Simple Ways To Cut Costs While Boosting Business

4 Simple Ways To Cut Costs While Boosting Business

Every business owner wants to keep costs as low as possible. However, it’s important not to fall into the trap of being penny wise and pound foolish when you’re looking to reduce your overheads. While it’s great to shave a few hundred pounds off your annual expenses, this is totally counterproductive if it’s going to cost you tens of thousands in missed opportunities. However, there are plenty of ways to cut costs in your business without hampering growth. Here, we’ve brought together four of the best — read on to find out how they can help you keep your expenses down and accelerate growth. Become more energy efficient If you’re looking to cut costs in your business, the first place you should look is your energy efficiency. Most business owners don’t realise just how much of an impact thi... »

A Beginner’s Guide to Business Energy Buying

A Beginner’s Guide to Business Energy Buying

Whether you’re a business owner just starting out, or an already-established small business considering switching energy suppliers, getting to grips with energy buying if you haven’t done so before can be a difficult and time consuming process. For example, data from Utilitywise found that one in five business owners struggle to understand their energy bills. The survey revealed that 23% of business owners don’t double check the accuracy of their bill due to time constraints and a further 23% simply trust that it’s accurate even without multiple checks. Many small business owners simply don’t know where to begin. There are four key areas that small businesses should consider as a starting point to better energy buying and these are: comparing prices and charges; evaluating service levels; ... »

Providing Vehicles For Your Employees: Options And Advice

Providing Vehicles For Your Employees: Options And Advice

Do your staff need to drive a vehicle for company business? Your business is growing nicely, and you are recruiting more employees, but along with success and expansion there may be the need to provide company vehicles where staff need to travel on company business. Using their own private cars can often be a problem as most people do not have the correct business insurance as part of their car insurance policy. Business insurance is a requirement when driving on company business, even if this is just a trip to visit a client. You may need to provide your employees with company vehicles for a variety of reasons; the occasional need to travel to clients’ offices, or you may need to make regular deliveries or provide company cars for business development managers, who need to be on the road ... »

When Did Your Business Last Carry Out A Safety Audit?

When Did Your Business Last Carry Out A Safety Audit?

It is easier than many employers realise to manage workplace health and safety effectively. The right health and safety procedure for your business need not be difficult, time-consuming or expensive to manage. This article considers how to conduct an effective safety audit and the importance of regular safety inspections. Responsibilities for staff A key player in the safety inspection process is the health and safety officer (or officers), who is/are responsible for helping the business meet its health and safety obligations to staff, visitors and members of the public. The officer must be a ‘competent person’ possessing the knowledge and experience needed for the job. Together with the safety officer, and other relevant staff or union reps, you need to draw up a plan for the conduct of n... »

A Guide to Help You Solve The Problems Associated With Relocating Your IT

A Guide to Help You Solve The Problems Associated With Relocating Your IT

Planning an office move can be a logistical nightmare. Uprooting all of your staff, assets and infrastructure and moving them across the country without interrupting business functions is a task fraught with hazards. One of the biggest challenges is moving your IT and making sure it’s ready to go at the new site. Good IT relocation requires specialist skills to ensure all business-critical equipment is moved quickly and safely, while ensuring downtime is kept to a minimum. At LeadingEdge we’re specialists in providing a comprehensive IT relocation service. Over the years, we’ve picked up a thing or two. Hazards of IT relocation Staff needs When considering an office relocation, you should be mindful of how this will affect your employees’ commute to work. Will your ... »

Save Money AND Run a Sustainable Business: Is it Possible?

Save Money AND Run a Sustainable Business: Is it Possible?

It is a common misconception that being sustainable means ineffective cost methods, for reusing even the simplest of items can give a business the environmental responsibility they need to uphold a positive reputation – regardless of size. A global survey previously identified that 53% of consumers would prefer to purchase products and services from a company with strong environmental dedication; meaning running an unsustainable business could be causing more harm than you think. Whether you’re situated in a sky-scraping metropolis or a quaint space in a town centre, these helpful tips and efficient solutions will guide your business to a greener future without damaging your profitability. Purchase refillable pens It is estimated over 240m disposable pens that contain plastic and toxic ink... »

How to Move Business Premises Hassle Free

How to Move Business Premises Hassle Free

When moving premises, once you have chosen where you wish to move, the next step is to conduct the move itself. You may have moved house before and be well aware of the stress and cost this entails; when moving office premises, this time-consuming legwork can be increased tenfold. Moving premises will always be a disruptive time. But you can minimise the cost and disruption to your business by meticulously planning the move well in advance. Follow the below guidance to ensure your move goes as smoothly as possible. How do I plan the move? Moving office premises should never be a spur-of-the-moment process. You need to plan well in advance for the move to be a success – ideally, this should be at least half a year in advance or more. To put the groundwork in place for the big move, take the... »

Basic Bookkeeping for Your Small Business

Basic Bookkeeping for Your Small Business

As a small business owner, it can be tempting to dispense with time-consuming bookkeeping, and work on an ad-hoc basis to save time. However, this will almost inevitably turn into a complicated, confusing nightmare in the future as receipts are lost, invoices go unpaid, and the taxman wonders where all the money went. This article breaks down the basics of a good bookkeeping system, and should be a useful starting point for business owners looking to get their accounts in order. What do I need for a simple bookkeeping system? Essentially, a good bookkeeping system will record all the money coming into and out of your business. This is useful for a business owner as they have to keep on top of costs and provide the HMRC with proper records. In particular, a good bookkeeping system will incl... »

A Business Guide to Going Green

A Business Guide to Going Green

Everyone worries about the environment, but these worries are often forgotten when it comes to running a business. Many companies avoid being green due to fears about cost – yet failing to follow legislation can end up costing you a whole lot more. It’s imperative that you find out what legislation there is, and how it affects your firm. But being green doesn’t just have to be a method of damage limitation – it can reduce your costs and give you a considerable edge over the competition. The guide covers why environmental concerns are your concerns, how to devise a plan for addressing them, and what actions you can take to ease your impact on the environment. Why bother being a green business? Our understanding of the impact that business operations have on the environment has grown massive... »

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