Archive for June, 2012

How To Scale Your Business

Wednesday, June 27th, 2012

So you’ve had a great idea, set up your business and you’ve made it through that difficult first year – congratulations! The good news is that you’ve achieved success where many other businesses fail. The bad news is, however, that it only gets tougher from here on in.

‘What?’ I hear you cry, ‘Tougher?’ You thought that you’d done the hard part. In fact, scaling a successful business can be a much more difficult task.Scaling a Business

Think of it this way. The first year of business, or however long it took you to get to a point where you counted your business as successful, was all about establishing your place in the market and finding people to sell your products or services to.

No one is suggesting that doing so is easy, but you had the room there to grow. When you’ve reached a point where you’re busy and working at full capacity, it can feel like you have nowhere else to go. How can you scale your business from that point onwards?

The fact is that, once you are filling your hours, working as hard as you can, and charging as much as you can charge, you have to look at different ways of scaling your business.

This could mean taking on more staff for expansion. Either take on staff (for example, in admin or sales) to free up some of your time so that you can work more on providing the core business service, or train staff to provide that service alongside you.

Another way to expand is to turn the service that you offer into a product. For example, a website designer could develop templates to be sold again and again. For the same amount of time spent on developing one website you have infinite chances to sell the template.

A good example of scaling a business could be a hairdresser who a) trains new staff to become a hairdressing business, b) expands to other salons to establish a salon brand and c) develops and sells her own product line. All require office supplies to help them run their business.

Scaling your business when you hit your individual capacity for work can be difficult. Expanding and diversifying can be challenging, but it’s the only way to grow your successful business to fulfill its maximum potential.

Author:  Carl Barton

The Cheapest Office Stationery Nottingham

Tuesday, June 26th, 2012

When it comes to shopping for office stationery Nottingham has the usual out of town office stationery superstore. You’ll also find smaller stationery shops in the town centre. However, we firmly believe that Office Allsorts is the best supplier of office stationery in Nottingham and nationwide.

Not confined to the local area, we only sell online – so wherever your business is based you should give us a try. And with free next day delivery on orders over £40, it couldn’t be cheaper or more convenient to have all of your office stationery delivered directly to your door.

Office Stationery

We have everything that you need at Office Allsorts, so there’s no need to shop around. From paper, writing supplies and filing folders, to writing pads, adhesives and tapes and sticky labels, we’re a one stop shop for all of your stationery needs.
One website, one transaction and one delivery is all it takes – meaning that shopping for stationery takes up as little as possible of your precious time.

As well as offering quality goods from all the best known stationery brands, Office Allsorts can also save you money with amazing discounts. Find 30, 40, 50, 60 per cent, and more, slashed off of the RRP of our stationery, so that you can also fill your stationery cupboard up for less.

But don’t make the mistake of thinking that cheap means substandard. As well as quality products we also pride ourselves on quality service, and boast a customer rating of 4.8 out of 5.

So whether you’re based locally and looking for office stationery Nottingham, or you’re as far flung as London or Edinburgh, we can offer you a wide and varied range of low cost, high quality office stationery with exceptional service to boot.

Why shop elsewhere? Give the stationery superstore a miss and put extra cash in your pocket when you shop at Office Allsorts.

 

 

Author:  Carl Barton

Find the Best Business Loans for You

Thursday, June 14th, 2012

Whether you’re funding a start-up, expanding or trying to inject much needed cashflow, borrowing for business purposes is not an easy task. To confirm this, the Bank of England reported in March this year that many banks have an aversion to lending to small businesses.

Business LoansDespite the introduction of the government’s National Loan Guarantee Scheme (NLGS), it seems that strict lending criteria has not been relaxed. This has been confirmed by participants in the scheme RBS, Santander and Barclays.
The good news is that there are other options when it comes to financing your business through loans. To make sure that you choose the right finance option for your needs, consider all of the following:

Bank Business Loans

Taking a bank business loan means that you can control how much you borrow and how long you pay it back over. You’ll have fixed repayments (easier to budget for) and you won’t be giving away an interest in your business.

The difficulty is in bank’s willingness to lend to small businesses. Remember that repeated applications to lenders can damage your credit rating, so if you’re turned down once, try to find out why. A copy of your Experian credit report can be useful.

Before you approach a bank for a business loan, first check out the best products available at comparison websites moneysupermarket and compare the market.

Business Credit Card or Overdraft

When it’s a short term solution that’s required, consider using a business credit card or overdraft. These are usually high interest options however so should only be used in the very short term.

Invoice Financing

Many businesses have cashflow issues whereby invoices that are owed to them take time to be paid. If you want to free up some funds a new wave of invoice financing products are available on the market.

Some big banks, including RBS, are offering invoice finance and, although you will pay a fee for using the service, it can be worthwhile if you need to free up cash fast.

Other options for funding your business include government grants, borrowing from family or friends or finding an angel investor – all of which have their individual pros and cons.

Weigh up your options carefully when you need to borrow for your business and make sure that you choose the best business loans for you.

And don’t forget to save cash on your essential office supplies at Office Allsorts!

Author:  Carl Barton

Office Allsorts: The Best For Nottingham Office Equipment

Tuesday, June 12th, 2012

Remember, when shopping for office equipment the large out of town office superstores aren’t your only option. Why not save money, time and hassle and order Nottingham office equipment from Office Allsorts?

While Office Allsorts is based just outside of Nottingham city centre, we only sell our office equipment online, meaning that you can benefit from our amazing low prices, large range and exceptional service wherever you are based.

Office Equipment OnlineForget driving out of town when you’ve got so many other things that you could be getting on with. You can browse the Office Allsorts website whenever and wherever is convenient for you.

Forget wandering around a large, confusing superstore trying to find what you need. At Office Allsorts, our easy to use website with search facility means that you can track down exactly what you want in seconds.

Forget desperately searching for someone in a uniform polo shirt to assist you with your purchase. Office Allsorts has an instant live help facility during office hours and can be contacted by phone or email. There’s also a handy FAQ section just a click away.

You can also forget about paying the RRP for your office equipment as Office Allsorts offers some amazing discounts on everything from desks to whiteboards. These aren’t just sale gimmicks either – Office Allsorts is committed to giving the best discounts possible on quality goods.

Don’t fear that cheap means low quality or ‘value’ brands. We stock the best, most popular brands including names such as Rexel, Fellowes, Lexmark and more. The only difference between the office equipment at Office Allsorts and the office equipment at an out of town office superstore is likely to be the price.

For a Nottingham office equipment shopping experience of the best kind, wherever your business is based, forget the out of town superstores and try Office Allsorts instead.

 

Author:  Carl Barton

How to Submit VAT Returns Online

Wednesday, June 6th, 2012

From 1 April 2012 HM Revenue and Customs brought in the requirement that virtually all VAT-registered businesses must now submit their VAT returns online.

There’s no need to worry about this being an additional end of tax year chore. Submitting VAT returns online is relatively straightforward. Use the HMRC VAT online service and you can submit your returns for free and with a minimum of hassle. Alternatively, your accountant can access the service and submit the return on your behalf.

Online VAT ReturnsAs a first time online user of this service you need to register and enrol using the following pieces of information:

1 – Your VAT registration number.

2 – The postcode of your main place of business.

3 – Your EDT (effective date of registration) for VAT.

4 – The final month of your last VAT return submitted.

5 – The ‘box 5’ figure from the last VAT return submitted.

The first three pieces of information can be found on the VAT4 certificate of registration or letter from HRMC notifying of the requirement to submit online. The final two items can be found on your last submitted VAT return.

Newly registered for VAT businesses will need to enter n/a for point four and 0.00 for point five.

If you’re already registered with HMRC’s online services – PAYE or self-assessment for example – simply log on with you existing User ID and password, add VAT under the ‘services you can add section’ and enter in the five facts above.

Once enrolled you can access the service and submit VAT returns online immediately. However, to use other features of the VAT online returns service, such as updating your details or submitting an EC sales list, you need to wait for your activation code through the post.

It’s easy to submit your VAT returns online – find more information and links to the services at http://www.hmrc.gov.uk/online/new.htm.

Author:  Carl Barton