Most people work hard throughout their career with the aim of being able to enjoy a comfortable retirement and if everything goes according to plan then maybe retire a few years earlier than the state pension age. However, nothing is straight forward and life is full of surprises, some pleasant and others not so. The current economic crisis couldn’t have been predicted when workers approaching ...

In today’s blog we will be looking at what a lasting power of attorney (LPA) is and why it is important. A lot of people aren’t too savvy on the subject so today’s aim is to shed light on the process, how it works and why it is so essential, especially for business owners.

So, what is a lasting power of attorney? Well… a lasting power of attorney is a legal document in which you can allow...

In today’s blog we will be going over what staff handbooks are and why businesses need to make sure they have them. Firstly, what is a staff handbook? A staff handbook, which can also be referred to as an employee manual/handbook, contains a number of policies and documents which tell everything that employees need to know about working at a business.

Most remote workers will know the joy of working in the sun. It can be nice and rejuvenating to get your work done in the garden, feeling the breeze on your face when the weather allows it! The pandemic locked us all down but it did allow some workers to have a new sense of freedom when deciding how to conduct their work from home. Some even decided to jump on planes, trains, and automobil...

Big ideas, big ambitions, big plans, big(ger) competitors, big (massive!) decisions, big risks (certainly), big returns (maybe). Isn't it time we cooked up a new way to describe those businesses with fewer than 250 employees other than SME, the 'small and medium-sized enterprise'?

Out of small acorns…

It's such a misnomer and a discredit to the sweat, blood, to...

Today I am going to be discussing the importance of having a retirement plan in place. There are many questions that surround retirement plans such as; “Will I end up running out of money? Will I even be able to retire when I would like to? Is there any way to be sure of having the retirement I want?” Well…Today I am going to try and answer a few of those questions for you!

What i...

Business owners life’s can be stressful enough just by navigating the day-to-day. Due to the energy crisis and the cost of living rising it seems like the next few months are going to be difficult. Figures suggest that business owners in Wales are experiencing the highest levels of mental health issues when compared to the rest of the UK.

Finance is a key reason

Running your own business is a dream for many and for those who manage to achieve theirs the rewards can be amazing. However, as with anything rewarding it takes a lot of hard work to succeed and there are challenges to overcome and risks to consider - and the risks are significant.

Rewind two years to when one in five businesses failed in the first year of trading and three out of e...

The number of people working in the gig economy in England and Wales has almost trebled in five years according to research published by the Trade Union Congress (TUC). The TUC estimates there are 4.4 million gig-workers, which equates to 14.7% of the working age population, this is a significant increase from 5.8% in 2016.

What is the gig economy?

There is no ...

Being self-employed sounds attractive and there are several advantages when compared with working for someone else, such as greater flexibility with your working hours and not being answerable to anybody. However, there are also disadvantages, one of which is the fact that pension payments are solely down to you. There is no employer contributing to your pension pot, so in simple terms, if you ...