Founded in 2010, the Lithuanian Raudonos Nosys is part of the global Red Noses Clowndoctors organisation, which operates in over 10 countries. With a deep belief in the healing power of laughter, their team uses humour and clowning to create emotional change for people facing difficult circumstances, whether it’s children in hospitals, elderly residents in…
Have you ever wondered what’s enabling your competitors to achieve such impressive results? Do you sometimes feel there’s something stopping your business from reaching that success spot? The truth is that there’s a powerful and insightful tool that costs nothing, yet can help you gain an overview of your company and improve your performance – the…
If you’re a small business owner and you’ve registered your company as a sole proprietorship, you fall under the category of sole traders or self-employed businesses. As a self-employed sole trader, the invoice is one of the most important tax documents as it allows you to: Bill clients; Keep accurate records of products and services rendered…
Every eCommerce business owner invests heavily in marketing their products or services online. The best measure of success is a strong repeat customer rate. Repeat customers bring eCommerce businesses many advantages, including a loyal customer base and higher profitability. Measuring this key performance indicator or metric requires that you know how to calculate the repeat purchase rate….
How can you unlock the full potential of your business and grow it to new heights? One of the most fundamental areas to focus on is leveraging data with the help of business analytics tools. Although often underestimated, business analytics tools can help you access critical insights into different business systems, manage massive data volumes, and make data-driven…
Without an automated system, submitting invoices, paying vendors, and staying on track with a company’s payments can turn into an unbearable challenge. Luckily, today, businesses can automate accounts payable and the entire payment process thanks to the availability of advanced and reliable payment automation solutions. In the following sections, we explain what payment automation is and…
Modern consumers increasingly prefer digital channels for making purchases and completing payments. This trend has made businesses turn to contemporary solutions, whether selling products online or in-store. Cash and traditional paper receipts are quickly becoming outdated. Instead, digital receipts, which offer a convenient and eco-friendly alternative, are gaining momentum. Rather than storing paper receipts in cluttered wallets,…
Pastry is a delicate art that demands a lot of care and precision, but even more passion, because we all know that food crafted with love always tastes the best. And what better than a sweet treat that is not only delicious and exquisite but also made with the finest ingredients? Today, we explore the…
Teaching yoga is a highly fulfilling activity. Yoga teachers help spread the yoga philosophy of unity to others while helping them achieve their physical and mental health goals. If this sounds like your calling, the good news is that you can become a registered yoga teacher and profit from it at the same time. If…
The contactless limit in the UK changed from £45 to £100 on 15 October 2021. This was decided by the HM Treasury and the Financial Conduct Authority (FCA) after public consultations with the retail and banking sectors. But what does the new contactless payment limit mean for consumers and merchants alike? These are the questions we explore…
When browsing for a suitable payment processor to partner with, you’ve likely encountered rolling reserves as a service provided by some. Before creating a rolling reserve merchant account, it’s essential to understand what this term means, how this reserve works, and what you can expect as a business. In the following sections, we cover these points and…
The financial audit is one of the essential accounting processes that confirms the accuracy of critical financial statements. No matter how large or small your organisation is, you may rely on income statements, balance sheets, cash flow statements, and other documents to demonstrate your company’s financial health and position. However, unless a financial audit is performed, your financial…
Selling digital products in 2024 can be much more profitable than most people imagine. Rather than investing in a physical product that often goes hand in hand with production, storage, and shipping costs, you can simply start selling digital products that are in high demand to reach potential customers and bring in recurring revenue. In the…
Considering the growing prices in the UK and the changes in the economy, more and more people are turning to income streams other than their main jobs. Around 43% of Brits have a side hustle as an additional source of income. You’ve come to the right place if you’re looking for inspiration and easy-to-start second-income ideas. Below…
Studies show that nearly 60% of small businesses in the UK are waiting on unpaid money, which cannot be used because it is tied to unpaid invoices. People can find a reliable solution to this problem with partial payments. In the following sections, we explore partial payments, how they work, their benefits and drawbacks, and more. TABLE OF CONTENTS…
