Category: South Wales Business News

Another Fantastic day of Zoom Online Business Networking (2 Events down, 1 to go)!

Had a great time networking online at the Introbiz Swansea Networking and Masterclass Event this morning from 8.30am until 11am.

Introbiz Swansea & West Wales Networking Online

It was great listening too and Intereacting with Marianne Petifor from Frogmore Consulting this morning and hearing what she had to say and teach.

Another fab event from Introbiz as per usual 👍😎

It was also great to catch up with some old contacts and make some new ones.

I also once again really enjoyed the Online Business Support and Networking Event hosted by Pat Slattery and his The Outstanding Business Network at 11am until 1pm which runs daily.

I again got to enjoy two more inspirational stories from Inspirational people both he had great messages about Perseverance, and Perspective and how to change your energy to change your life via what if, spirituality and practicing gratitude.,

Thanks to Ken Falconer and John Donnelly for the great presentations 👏😎

Online Business Networking & Support

It’s great to be a part of such a great Network as The Outstanding Network, in-fact its Outstanding! Thanks Pat for putting it all together🙏

I have had some many calls the past few days from all of this networking which is fab but I’m only 2/3’s the way through today as there still another “site to be fab” Event still to come at Introbiz South Wales tonight from 8pm till 9.30pm. See www.introbiz.co.uk/events

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Positive Welsh Business News – #PositiveCoronavirusNews

The fund will support firms of all sizes, including social enterprises

First Minister Mark Drakeford has today announced a new £500m fund to provide extra support to the Welsh economy, businesses and charities experiencing a sharp drop in trading as a result of the coronavirus pandemic.

The Economic Resilience Fund aims to plug the gaps in the support schemes already announced by the UK Government, including the Job Retention Scheme and the Self-Employed Income Support Scheme, which will guarantee 80% of people’s wages and income.

The new £500m Welsh fund will support firms of all sizes, including social enterprises, with a focus on those which have not already benefited from the coronavirus grants already announced by the Welsh Government.

First Minister Mark Drakeford said:

“The pace at which the coronavirus pandemic is affecting our economy is extraordinary. Now, more than ever, government needs to do all it can to support the economy and business.

“The recent announcements by the UK Government provided some much-needed protection for many workers and their families in Wales. Only the UK Government has the macro-economic and fiscal levers to minimise the enormous damage this economic shut-down will do to the UK economy.

“But even with these interventions, there are elements of the economy, businesses and charities in Wales facing insolvency because fixed and operating costs – rent, residual salary costs, leasing charges for vital equipment and maintaining operations – cannot be met during this crisis.

“We made a commitment as a Welsh Government to fill the gaps and support the economy and businesses through this incredibly difficult time.

“This package of support provides further assurance to firms, charities and social enterprises that we will do just that – help them deal with the economic impact of the pandemic.”

The £500m fund is made up of two main elements:

  • A new £100m Development Bank of Wales fund will be available for companies experiencing cash flow problems as a result of the pandemic and will provide loans of between £5,000 and £250,000 at favourable interest rates.
  • Businesses will also be able to benefit from a £400m emergency pot providing:
  1.  Grants of £10,000 for micro-businesses employing up to nine people. This includes sole traders employing staff. Qualifying businesses will be able to apply by mid-April.
  2.  Grants of up to £100,000 for small and medium sized firms with between 10 and 249 employees. Qualifying businesses will be able to apply from next week.
  3. Support for larger Welsh companies, which are of critical social or economic importance to Wales. This element will be open to qualifying businesses within the next two weeks.

The £500m Economic Resilience Fund will support businesses forced to temporarily cease trading – to go into “hibernation” – or which need cash-flow support to adapt to a remote way of working.

The new fund builds on the £1.4bn business support package announced by the Welsh Government on March 18, which provides a year-long rate relief holiday for all but the largest premises in the retail, hospitality and leisure sectors and grant-support for more than 70,000 small businesses.

Ken Skates, Minister for the Economy, Transport and North Wales, said:

“This £500m package will provide further vital assistance to thousands of firms and third sector organisations, which normally rely on trading income.

“We have been very clear, we are here to support the economy and the business community. We stand with every business and worker. Together we will get through this exceptionally challenging period.”

Responding to the Welsh Government announcement on £500million Economic Resilience Fund, Ben Francis, FSB Wales Policy Chair, said:

“Many businesses will feel reassured by the grant funding announced by Welsh Government this afternoon. Welsh Government made a promise to go above and beyond the level of support offered in England, and they have.

“This increased grant funding will provide a safety net for those businesses who will not have benefitted from the initial round of grants, and demonstrates that Welsh Government has sought to fill those gaps. We were also pleased to see a particular focus on social enterprises, which until now had not been a large part of the conversation. This will help ensure that those businesses can make it through this disruptive time.

“The emphasis for the Economic Resilience Fund must now must be on delivery; ensuring that the detail of this fund is made available to those eligible for it, and making sure that the money gets out of the door as quickly as possible, so that it can start to have an impact on the ground.

“This is reassuring news for businesses, and for the Welsh economy. We must now turn our attention to how we can fill other gaps, including for those that are recently self-employed.

“Once we come out of the other side of this crisis, Wales will need our entrepreneurs to be innovating and stimulating our economy. Those businesses need us now, and we are encouraged to see that Welsh Government has introduced such a strong package today.”

Ian Price, CBI Wales Director, said: 

“The economic resilience fund will be welcome news for Welsh enterprise. During this unprecedented time it’s vital support for businesses – large and small – gets to where it’s needed most, and fast. More may be needed as the situation develops.

“Meanwhile firms will continue to do their best by their employees, adapting quickly to new guidance and helping national efforts by supplying essential goods and services.

“Longer term, close cooperation and communication between business, unions, devolved and national governments will be essential to ensuring as many firms as possible can emerge from hibernation intact once the pandemic passes.”

Lloyd Powell, head of ACCA Wales, said:

‘We welcome the proposals announced today by the Welsh Government during what is a regional, national and global emergency.

‘The economic response from Government has been swift and very welcome at a time of huge uncertainty for micro, small and medium sized businesses and the millions of people they serve, employ and trade with.

‘With unprecedented economic stimuli being released to support the Welsh and the UK economy, it is encouraging the Welsh Government is attempting to demonstrate fiscal prudence by using cash reallocated from existing budgets and indeed new money from the UK Treasury.

‘We await further schemes being announced throughout the week, it is important government continues to be receptive to the needs of business and acts as a vital safety net throughout the Coronavirus pandemic – however long its duration.’

For more on this news or other Welsh News Visit Wales 24/7

“Never, Ever Give Up”
”Always Stay Motivated”

If you ever feel like Giving Up, with whatever it is, or you require some motivation, please feel free to call me.

I’m available on: 07960872549 in the UK (0044) and am always happy to chat!

Business News Coronavirus News Positive Coronavirus News and Sports News from Mike Armstrong – See https://mikearmstrong.me/news

For Business Advice follow the link or visit one of our Blogs: Entrepreneur Zone | King of Marketing | The Voice of Social Media | Networking Grapevine | British Business News |

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Introbiz Swansea Online Networking & Masterclass Event

INTROBIZ SWANSEA ONLINE WORKSHOP
APRIL 1st 8.30AM-11AM

Customer Care As a Profit Source!: 
Workshop  with multi-award winning mentor and business strategist, Marianne who will guide us and equip us!

The workshop will help attendees to generate more sales (soft sales) and help attendees to ensure maximum customer spend. Come prepared to connect, engage, win business BUT its also a workshop and extremely interactive.

On Thurdsay 26th of March, we had Part 1 of an incredible 2 Part workshop by Marianne Petifor which challenged us to identify the value we can give at this time and figure out how to creatively position ourselves online to showcase this. Part 2 will be next Wednesday April 1st. 

This is a great networking opportunity and a way to connect with clients, business owners, corporate companies and SMEs.

We’ll be Hosted by Bernie Davies and joined by Keynote Speaker  Marianne Petifor of Frogmore Consulting delivering a workshop based on tried and testing Customer attraction and retention techniques. With more years than she wishes to admit successfully running 5 businesses using these skills, Marianne is more than qualified to help us through these times! 

We know how important networking is to our members, so we will be hosting these Introbiz Swansea Online events during the times our original events would have taken place. The added bonus is wherever you are in the world, you can still network! A great opportunityI to network across our Region.

We pride ourselves on operating not only as a networking organisation, but as a connections agency. If there is any business or industry you’re particularly keen to get in front of, then we can make it happen! We’ll be connecting you to our newest members and associates so don’t miss this great opportunity.

FACILITATORS:

MARIANNE PETIFOR – FROGMORE CONSULTING

Marianne is an award-winning serial entrepreneur, author, mentor, and consultant specialising in customer experience management. Founder of five businesses within areas of Tourism, Healthcare, Property Management, Recruitment, and Social Enterprise. Marianne is principal consultant at Frogmore Consulting and holds a number of prestigious roles in the business community.

BERNIE DAVIES-OWNER INTROBIZ SWANSEA & WEST WALES

Bernie Davies is a Speaker, Trainer, Author, Coach and Business Mentor with an outstanding legal career in property who has now dedicated herself to helping businesses to network and market effectively. Founding Territory Council member of the South Wales Chamber of Commerce, Dynamo Role Model and Past Chair of the Neath Chamber of Trade, she is now Franchise Owner of Introbiz Swansea and west Wales. Swansea Black Icon and Excellence in Business Award winner; she connects and supports businesses across Swansea and West Wales.

AGENDA

8:30 JOIN , WELCOME AND UPDATE FROM BERNIE AND MARK 

8:45 ONLINE NETWORKING:

– You will introduce yourself

– You will tell us about your business

– You will share any initiatives / projects

– You will ask us for any help you might need in terms of connections you need to make

9:30 WORKSHOP DELIVERY

CUSTOMER CARE AND SOFT SALES ONLINE
11AM WRAP UP

Book online now to the Introbiz Swansea Online Networking & Masterclass Event via the link.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Another Great Online Business Networking and Support Event with The Outstanding Network.

Again I really enjoyed the Online Business Support and Networking Event hosted by Pat Slattery and his The Outstanding Business Network.

Two more inspirational stories from Inspirational people.

Thanks to Jennifer Byrne and Anthony Dolan.

Online Business Networking & Support

It’s great to be a part of such a great Network as The Outstanding Network, in-fact its Outstanding!

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Morning Motivation – Positive Coronavirus News #PositiveCoronavirusNews

Business News Coronavirus News and Sports News from Mike Armstrong – See https://mikearmstrong.me/news

For Business Advice follow the link or visit one of our Blogs: Entrepreneur Zone | King of Marketing | The Voice of Social Media | Networking Grapevine | British Business News |

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Had a great time Online Business Networking over the past three day…

It’s been an incredible 3 days of Online Business Networking for me with 4 Events in 3 days.

First on Wednesday evening was the #Introbiz @Introbiz Cardiff, South Wales & Global #OnlineNetworking #Masterclass Events with Sharon Lechter @sharonlechter

Then it was the Thursday morning’s online Business Networking & Masterclass event with Introbiz Swansea & West Wales @IntrobizW and Marianne Pettifor @MariannePettif4

Friday morning then saw two online Business Networking Events:

The first being another Introbiz Event, this time Featuring former Apprentice finalist, Jess Cunningham @TheProdigalFox

This was followed by an online Business Networking Event with Pat Slattery @slatteryp and his Outstanding Network.

The Outstanding Networking Event is at 11am everyday and the list of upcoming Introbiz Networking Events Online is available via the link.

Business News and Sports News from Mike Armstrong – See http://mikearmstrong.me

For Business Advice follow the link or visit the Entrepreneur Zone

All the latest UK & Global Coronavirus News from the BBC

 

 
 
It was an emotional moment for those who took part – not least the NHS staff and care workers being saluted by the nation. The Royal Family and prime minister joined well-wishers who flocked to front doorsteps, balconies and windows on Thursday evening night to applaud those dealing with the coronavirus pandemic. It came after figures revealed the UK death toll rose from 475 to 578 in one day, with 11,658 confirmed cases.

There will be additional support for the NHS from firefighters, who have agreed to drive ambulances and deliver essential supplies if required. However, unions point out many are off-work in self-isolation. And, with NHS leaders saying staff feel “at risk” of contracting the virus unless they wear protective equipment while dealing with all patients, the BBC is told guidance is expected to be updated within two days. 

Normal life continues to be seriously affected. As vulnerable people continue to report problems getting groceries while in isolation, supermarkets are to use a government database of the 1.5 million people deemed most at risk to help prioritise delivery slots. Sharon Cranfield, from Surrey, tells us she’s reliant on deliveries because her daughter Jessica, 19, has cystic fibrosis, adding: “I’m terrified of going to the shops.” There are signs, too, the housing market is grinding to a halt, with transactions agreed before the lockdown falling through.

We dig into the detail of the government’s latest financial support package to find out what help is available to self-employed people. Meanwhile, Labour leader Jeremy Corbyn says the government’s response to coronavirus proves he was “absolutely right” during December’s election campaign that public spending could be increased .

 
 
 

 
 
The US now has more confirmed cases of coronavirus than any other country, with more than 85,500 positive tests – overtaking both China and Italy. However, the US death toll remains much lower, at less than 1,300. Some 8,215 people have died in Italy. President Donald Trump predicts the US will get back to work “pretty quickly”, calling the figures “a tribute to the amount of testing that we’re doing”. 

Back in China, where the outbreak began, the government is temporarily banning all foreign visitors to prevent a further rise in the number of imported cases. Meanwhile, South Africa has begun a three-week lockdown. And while recent numbers from Italy’s worst-hit northern region suggest the epidemic might be slowing there, fresh fearshave arisen for poorer communities in the south.

Meanwhile, doctors, aid workers and the United Nations say camps for the displaced in north-western Syriacould be devastated by an outbreak. Follow all the latest global developments via our live page.

 
 
 

 
 
 

 
EU leaders meeting on Thursday – by socially-distant video conference – glaringly failed to agree to share the debt they are all racking up fighting Covid-19. From her flat in Berlin, where she is self-isolating after her doctor tested positive for the virus, German Chancellor Angela Merkel openly admitted to the disharmony over financial instruments.

What leaders did agree on was asking Eurogroup finance ministers to explore the subject further, reporting back in two weeks‘ time. The EU is famous for kicking difficult decisions down the road but in coronavirus terms, with spiralling infection and death rates, two weeks feels like an eternity.

 
 
 
Katya Adler

BBC Europe editor

 
 
 
 

 
 
The Coronavirus Newscast team is joined by Sean Farrington, from Radio 5 live’s Wake Up To Money, to help unpack the government’s new measures to support the self-employed. And musician Charli XCX offers some tips on keeping fit, staying creative and painting rocks in self-isolation. Meanwhile, the World Service’s Science in Actionexamines why China’s strong social distancing policies seem to have been successful in stopping the spread of the virus .

 
 
 

 
 
Some front pages use photographs of staff at the Royal Liverpool Hospital taking in the nation’s gratitude for the work of the NHS during the applause that rang around the UK. Others feature the members of the public – and young royals Prince George, Princess Charlotte and Prince Louis – saluting the medical staff and carers. “Checkpoint Britain” is the main headline for both the Daily Express and the Metro, as they report police measures to enforce social distancing. The Daily Star describes those driving without good reason as “Checkpoint Charlies”. The effects of the virus on the property market is the big story for the Daily Mail, under the headline: “Don’t move home.” The housing market was “plunged into chaos” after the government called on people to delay moving home, the Times reports. Meanwhile, the Sun looks at the UK’s latest virus statistics to declare: “One Brit dies every 13 minutes.”

 
 
   
   
 

 

For more UK News, Global News or Coronavirus News please follow the links.

Business News and Sports News from Mike Armstrong – See http://mikearmstrong.me

For Business Advice follow the link or visit the Entrepreneur Zone

Ma Consultancy Michael Armstrong

FREE SUPPORT for Business Owners / Entrepreneurs or Home Workers…

Whilst the current climate is happening I am looking to offer FREE SUPPORT for people who are self isolating or struggling in Business!

Hi Fellow Business Owner, Entrepreneur, Home Workers or Self Isolator – I offer Business Growth, Business Optimisation and Sales & Marketing Strategy & Services to Business Owners and Entrepreneurs and I also used to be a corporate sales manager/director and am used to motivating and supporting a team.

During these tough times I want to support as many of my contacts, LinkedIn connections and wider business community colleagues with any Help, Advice, Ideas, Support, Motivation or Problem Solving needs that they might have during these tough Self Isolation / Coronavirus Times…

If you need any help or support or you simply just want a chat or some motivation during these tough times please feel free to contact me on 07960 872549.

Cheers

Mike

For more Business News, Business Advice or Coronavirus News please click the links.

Please also see our The Voice of Social Media Blog or Entrepreneur Zone Blog

Morning Motivation – #MikeArmstrongQuotes

F*** Coronavirus and still work on your Goals!

What are you going to do today to help you to achieve your short, medium and long term goals.

If your stuck at home self isolating then here’s some tips that can always help you to get better and work towards successfully achieving your goals!

Upskill – Do Online Courses or watch some YouTube videos and learn some new skills.

Educate yourself – Read Some Books or listen to some audio from others who have already achieved the goals that you are trying to achieve and get some advice!

Exercise – What ever goals your trying to achieve, being fit can help!

Work on Your Personal Branding – Create Assets, Content, Marketing Collateral etc. To help promote yourself better and further on the Internet.

If in business Work on Your Business Branding – Create Assets, Content, Marketing Collateral etc. To help promote yourself and your business better and further on the Internet.

Make Contact – Use LinkedIn, Other Socials, Webinars and the Phone and call people, build relationships, negotiate deals, with people who can help you to reach your goals.

If you are interesting in Personal & Business Development please see our Business Advice Section of our Blog.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Latest News on EU Funds In Wales

 
 

In response to the UK Government and Public Health Wales (PHW) advice on the coronavirus (COVID 19), please see guidance for project managers delivering EU-funded projects in these challenging times.

Please keep checking the website for the latest information.

Chwarae Teg

Chwarae Teg secures £6m EU funds

The funding will extend the organisation’s career development programme to 2023, supporting women in Wales to progress their careers, and assisting businesses to implement equality strategies and modern working practices.

Red logo

Your views wanted on the future of Regional Investment in Wales

The Welsh Government has launched a 12-week consultation on future regional investment in Wales outside of the EU. The closing date is 22 May 2020.

The consultation covers a set of proposals for investing replacement funding from the UK Government to deliver inclusive growth across all parts of Wales, building on the evidence of what has worked well and lesson learned during 20 years of EU regional policy.

Developed with stakeholders across the public, private and third sectors, we are consulting on proposals that set out four priority investment areas (business productivity and competitiveness, reducing income inequalities for people, healthier and more sustainable communities and the zero-carbon economy) and decentralises funding and decision-making closer to the people they aim to benefit.

UK Parliament logo

UK Parliament Inquiry on Wales and the Shared Prosperity Fund

The UK Parliament’s Welsh Affairs Committee is responsible for scrutinising the expenditure, administration and policies of the Wales Office, and the policies of the UK Government as whole that have an impact in Wales. The Committee has launched an inquiry into the UK Government’s proposed UK Shared Prosperity Fund. The deadline for submitting views and evidence is Tuesday 21 April 2020.

EU Funds logo

Europe Day 2020

Following recent queries, please note that WEFO will not be developing a centrally-led social media or communications campaign to promote EU-funded projects on Europe Day.  

However, as the UK is still participating in the current EU Structural Funds Programme it is a matter for organisations in receipt of EU funds to decide whether they wish to promote their projects in marking Europe Day this year.

Any publicity should follow WEFO’s information and publicity guidance and should aim to focus on the difference that funding and projects are making to people, businesses and communities in Wales.

Please also remember to use the hashtag #EUfundscymru when posting tweets, photos and testimonials.

In previous years, organisations have been encouraged to fly the EU flag to celebrate Europe Day. We would like to emphasise that there is no obligation to do this, and it is a matter entirely for your organisation.

If you have any queries, please contact WEFO Communications on 
wefo-communications@gov.wales.

Maesteg Town Hall

Work begins on Maesteg Town Hall

Construction work started this month on the £8.2m repair, restoration and extension of Maesteg Town Hall, which is being supported with £2m of EU funds.

Visit WEFO online

 
 
 

The latest news, guidance, publications and events from the European Structural and Investment Funds programmes in Wales, as well as including other EU funding programmes  such as the Horizon 2020, European Territorial Co-operation and the Ireland Wales programmes.

Updates from the Rural Development programme and Fisheries programmes are also covered.

 

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

All new rules and opening hours for Tesco, Sainsbury’s, Lidl, Aldi and Asda

Supermarkets across the UK have introduced a number of new rules and opening hours in response to the UK blockade. Supermarkets are only a handful of…

All new rules and opening hours for Tesco, Sainsbury’s, Lidl, Aldi and Asda

Breaking Business News / Coronavirus News

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Wales Airshow in Swansea is cancelled due to the coronavirus pandemic

Swansea Council said it had not taken the decision lightly

Wales Airshow in Swansea is cancelled due to the coronavirus pandemic

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Upcoming Online Business Networking Webinar Events…

Get Business Networking News on the Networking Grapevine

paulsmolinski from Introbiz says:🔥Surround yourself with successful people in business.

👊 See some of the #Introbiz upcoming online networking webinar events!

Over the next 2 weeks Introbiz have 4 exclusive online business networking events with top business entrepreneurs for you to choose from!

💥TOMORROW💥
Wednesday 25th March, 7pm-8:30pm
🔹Introbiz FREE Global Webinar Masterclass with Q&A from co author and founder of ‘Rich Dad Poor Dad’, Sharon Lechter – a 7 times New York Times Best Selling Author.

Friday 27th March, from 7:30am-9:30am
🔹Introbiz Online Networking Webinar with Q&A Apprentice Star and successful business women, Jessica Cunningham.

Wednesday 1st April, 7pm-9pm
🔹Introbiz FREE Global Webinar Masterclass with former COO of Virgin Media and business mentor to the Evans Property Group,£850M business Portfolio, Peter Wilcock.

Thursday 2nd April, 4pm-6pm
🔹Introbiz Online Networking Webinar Event with Paralympian and international speaker – voted top 5 keynote speaker from 1300 in UK, Danny Crates.

To find out more about these online business networking events or to book on to any of these business networking events please click here:

https://www.introbiz.co.uk/networking-events/

#wales#cardiff#online#webinar#business#networking#entrepreneurs#businesses#entrepreneurship#keynotespeakers#introbizexpo#businesstips#businesswoman#businessman#smallbusinesswales#webinars#businessideas#richdadpoordad#theapprentice

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Coronavirus UK: What happens if you can no longer work because of the lockdown?

Police patrolling a deserted Trafalgar Square as the UK enforces new measures because of the Coronovirus pandemic. (Picture: Barry Lewis/In Pictures …

Coronavirus UK: What happens if you can no longer work because of the lockdown?

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Coronavirus: Supermarkets limit shoppers as rules tighten

Shops have brought in a host of measures following the introduction of strict new government curbs.

Coronavirus: Supermarkets limit shoppers as rules tighten

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Tesco stops sale of skimmed milk and multibuy offers to meet demand for other products

Queues outside a Tesco store in Shropshire (Picture: PA Wire )Tesco will no longer sell skimmed milk and scrap multi-pack offers to allow suppliers …

Tesco stops sale of skimmed milk and multibuy offers to meet demand for other products

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

More details on the Coronavirus Business Interruption Loan Scheme (CBILS)…

Further details have emerged for the Coronavirus Business Interruption Loan Scheme (CBILS) which is designed to assist qualifying businesses during these unprecedented times.

The Scheme aims to support long-term viable businesses who may need to respond to cash-flow pressures by seeking additional finance.  The loan will be provided by the British Business Bank through participating providers during the Covid-19 outbreak.

Full details of the CBILS scheme can be found here – but the main criteria are:

  • Loan facilities of up to £5m
  • 80% of the lenders risk is covered
  • Repayment terms up to 6 years for term loans and asset finance, but overdraft and invoice facilities will be up to 3 years.
  • No upfront fees and interest is covered by Government for up to 12 months
  • Companies remain 100% liable for the debt repayments. Total unsecured lending of up to £250,000.
  • Application for loans from the scheme is administered by over 40 approved lenders including main banks, challenger banks and asset finance etc. Businesses need to apply directly to the lenders and present their case for the finance needed.

Further details on all available business support schemes in response to Covid-19 can be seen at this Government website page: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19

To be eligible for support in the Coronavirus Business Interruption Loan Scheme (CBILS), the small business must:

  • Be a UK-based SME
  • Operate within an eligible sector
  • Comply with relevant state aid rules
  • Have a sound borrowing proposal but insufficient security to meet the lender’s requirements

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Latest BBC News update…

Latest BBC News Update including Coronavirus News

 
 

First it was advice, now it’s an order. Boris Johnson has issued a stark message to the country: “At this moment of national emergency… stay at home.” Speaking after the UK death toll reached 335, the prime minister introduced unprecedented restrictions on everyday life, meaning people must only leave their house for one of four reasons – to exercise once a day, to travel to and from work where “absolutely necessary”, to shop for essential items, and to fulfil any medical or care needs. 

 

Shops selling non-essential goods have been told to shut, along with libraries and children’s playgrounds, and gatherings in public of more than two people who do not live together will be prohibited. The restrictions will be in place for at least three weeks and police will have the power to enforce them, including through fines.  Read the prime minister’s statement in full and get a more detailed breakdown of the new rules.

 

The BBC’s political editor, Laura Kuenssberg, says it’s still not quite the kind of total crackdown seen in other countries, at least not yet – no curfews, for example – and there will be a time on the other side of this crisis to analyse whether the government made the right decisions at the right time.

 

A reminder here of the symptoms of coronavirus and how you can minimise your risk. And here we answer 10 of your most-asked questions .

 
 
 

 
 

The World Health Organization says the pandemic is “accelerating”, with more than 360,000 cases globally and more than 16,000 deaths. But WHO director general Tedros Adhanom Ghebreyesus said it was still possible to “change the trajectory” with rigorous testing and contact-tracing strategies. 

 

Many other nations have now imposed lockdowns along the lines of that in the UK. France is strictly limiting physical exercise and closing outdoor markets, and South Africa’s government is preparing for the worst. India is stopping all domestic flights, but there are particular fears surrounding one textile city.

 

In Italy, the worst-hit country, the latest daily increase in deaths was the smallest since last Thursday, raising hope that stringent restrictions on public life are starting to have an effect. The BBC’s Sima Kotecha describes the haunting experience of Rome under lockdown. 

 

In the US, where 481 people have died, state governors and city mayors are pleading for more help from the federal government. However, the BBC’s Anthony Zurcher explains why the president may be having second thoughts about following suit with a large-scale lockdown. 

 

Our live page has all the latest developments, while health correspondent James Gallagher looks at when and how life might return to normal.

 l.
 
 

 
 
 

 

It is clearly not a good time for the world and it is not a good time for relations between the US and China. President Donald Trump has repeatedly chosen to call the coronavirus the “Chinese virus”. The president and his secretary of state have both denounced China for its failings in the initial handling of the outbreak. Meanwhile, social media in China has spread stories that the pandemic has been caused by a US military germ warfare programme; rumours that gained considerable traction. But this is not just a war of words, something more fundamental is going on . 

 
 
 

Jonathan Marcus

BBC defence and diplomatic correspondent

 
 
 
 

 
 

The drastic measures announced by Boris Johnson are reflected in dramatic headlines. “End of freedom”, the Daily Telegraph declares. “Britain shuts up shop”, the Daily Mail says, while the Sun has a picture of a giant padlock with the headline “House arrest”. As the Financial Times puts it, the prime minister has been “forced to close Britain”. While there’s widespread support for the measures, there’s also a feeling that, as the i puts it, the prime minister has dragged his heels. The Guardian says he significantly “escalated his language” after days of being accused of “sending mixed messages about what the public should do”. Leo McKinstry, writing in the Daily Express, says the imposition of these “savage rules” will have been particularly difficult for the PM, who is “an optimistic liberal at heart, with a deep suspicion of the big state”, but he had no alternative.

 
 
   
   
 

 
 

 

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Free Trains in Wales for NHS Staff On TfW and other Transport News…

NHS staff in Wales are being offered free travel on Transport for Wales rail services with immediate effect, the company has announced.

NHS workers will just need to show their work ID to access services to get themselves back and forth to work until 30 April.

Public transport is to operate on a reduced scale throughout Wales because of the coronavirus pandemic.

However the reduced service has led to crowding on some trains.

New timetables are now in place for trains and buses until further notice.

Announcing the move for NHS workers, Transport for Wales (TfW) said: “At Transport for Wales our primary focus is keeping our colleagues and customers safe, and to keep key workers moving.

“From Monday 23 March, Transport for Wales will provide all NHS workers free travel to and from work until 30th April on production of their NHS ID.”

A statement on its website added: “We are doing all we can to keep vital services running, so that emergency service staff who are using our trains and key workers are to travel in safety with confidence.” 

Some passengers were reporting difficulties in maintaining social distancing on trains on Monday morning.

Hospital worker Emma Lamorte highlighted the situation on Twitter and called for more trains.

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Tube travellers in London have also experienced crowded carriages, with unions saying it left transport staff feeling “furious” as they were unable to maintain social distancing.

However, other travellers in Wales reported quieter than usual carriages.

Aurora Heathfield

Image captionAurora Heathfield, outside Cardiff Central, was on a train carriage with only three other people

Commuter Aurora Heathfield from Bridgend, said there was an “eerie feel” on the train to Cardiff on Monday morning with carriages much quieter than usual.

“It would usually be pretty busy and you’d be looking for a seat. There was three people in my carriage,” she said.

Jake Newberry from Cross Keys, Caerphilly county, said there was “hardly anyone” on his train on the Ebbw Vale line and he had expected to see more people due to the reduced timetable.

Alex Varney said the train from Barry to Cardiff was also quiet with the conductor providing advice over a speaker rather than walking through the train to check tickets.

“It was nice and quiet and nice to have some space,” he said.

“Everyone was calm and pleasant and just going through their day.”

A TfW spokesman said on Monday afternoon: “Whilst some services were busy this morning, on average most were 50-60% full. However, we will continue to prioritise peak periods services in order to ensure we do not create overly busy services.

“”We will be monitoring the situation on a daily basis and increase capacity where necessary but we do strongly urge customers to carefully consider whether they do have to travel so that priority can be given to key workers.”

Why are services being reduced?

The changes reflect the fall in demand, reduced availability of staff and the latest public health guidance, transport companies said.

Transport Minister Ken Skates said it remained “crucial” to keep some services going for key workers and supply chains.

“This action aims to balance the current significantly reduced levels of passenger demand as people follow the guidelines to socially isolate with the need to reduce the number of people required to run the network,” he said.

“This contingency measure will help to ensure there are enough staff to keep services running over the coming weeks and months.”

Ken Skates

Image copyrightGETTY IMAGES

Image captionKen Skates hopes the new plans will keep transport on track for the coming months

The move comes after Prime Minister Boris Johnson said people should avoid “non-essential” travel.

Operators said the closure of schools, as well as people increasingly working from home, was expected to see a further significant decline in demand.

How have bus services changed?

First Cymru, which operates services across south and west Wales, warned customers face disruption to services because “increasing numbers of staff” were self-isolating.

It said there would be a reduced timetable for services in Ammanford, Bridgend, Carmarthen, Haverfordwest, Llanelli, Maesteg, Port Talbot and Swansea.

The company also urged passengers not use cash payments to buy tickets wherever possible, to “stop the spread” of coronavirus.

Arriva bus at Wrexham Bus Station

Image copyrightALAN SANSBURY

Image captionMany bus operators are running a Saturday timetable

Stagecoach, which operates throughout south-east Wales, said a reduced timetable would operate until further notice but had been created to ensure “critical routes are maintained wherever possible”.

Nigel Winter, managing director, said the company was working to maintain essential services, safeguard jobs and ensure the long-term sustainability of the industry in a “challenging” situation.

“We also know that our bus services play a vital role in keeping the country running and ensuring key sector personnel get to work,” he added.

“Our objective has been to focus resources on where we know they are needed most at this time.”

In north Wales, Arriva Bus is running an emergency service but will still operate key routes “to ensure customers can continue to access critical services”.

Cardiff bus

Image copyrightJAGGERY/GEOGRAPH

Image captionOnly eight Cardiff Bus routes will continue as normal

Cardiff Bus is now following a Saturday timetable for most of its services across the capital with the exception of some services which are running normally. School buses will continue for eligible children.

All Newport Bus services are also now following a Saturday timetable in “these unprecedented times”, the company said.

It added: “We will maintain bus services for our customers for as long as we are able to.”

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How are trains affected?

Train operators across Britain will gradually reduce services following talks with the UK and Welsh governments.

However operators will still run core services to ensure key workers can get to their jobs and the flow of goods continues.

Class 170 train

Image copyrightRICHARD JONES/MLA PHOTOGRAPHY/TFW

Image captionBusy commuter lines will be prioritised

TfW said Sunday service times will be applied throughout the week though some additional services will operate to support busier commuter routes. 

“This timetable has been designed to be as resilient as possible, whilst ensuring we balance a reduction in demand, availability of our people and the need to support key workers such as health, food retailers and delivery teams,” it said.

The operator said advanced tickets were now eligible for refunds.

For more on this BBC article or other News please follow the link.

For more Welsh News, Business News, Welsh Business News, UK Business News, Travel News or Coronavirus News please follow the links.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

The New Welsh Inventions inspired by the Global Pandemic…

A new ventilator, a virus-killing snood and a hands-free door pull are just some of the innovations coming out of Wales to tackle coronavirus.

Since the outbreak, doctors, scientists and designers have been working on ideas to stop the virus spreading.

The ventilator has already successfully treated a Covid-19 patient and has been backed by the Welsh Government.

Mass production of the snood-type mask is under way while a 3D design of the handle has been widely circulated.

Plaid Cymru leader Adam Price, who was part of the impetus to get the ventilator into mass production, said the innovations put Wales “on the front foot” in the battle against the pandemic.

“It shows that Wales, as a small nation, can get things done quickly as we face the biggest challenge of our generation,” he said.

The Covid Emergency Ventilator

It took just three days to design but the senior doctor involved believes the easy-to-build device could dramatically ease the strain on NHS staff.

ventilator

Image caption“The patient can self-care, releasing specialist nurses for other duties,” said Dr Rhys Thomas

Dr Rhys Thomas, from Glangwili Hospital in Carmarthen, was “desperately concerned” at the lack of intensive care unit (ICU) ventilators to deal with the expected influx of patients.

Along with engineering company CR Clark & Co of Ammanford, he created a machine that not only helps patients to breath but cleans the room of viral particles.

“It’s simple and robust and specifically designed to work against Covid virus in a contagious environment,” said Dr Thomas.

“Although it won’t replace an ICU ventilator, the majority of patients won’t need intensive care if they are treated with this ventilator first.

“The machine will [also] clean the room of viral particles and only supply purified air to the patient. The patient can self-care, releasing specialist nurses for other duties.”

Dr Rhys Thomas

Image copyrightPLAID CYMRU

Image captionDr Rhys Thomas served for 17 years with the British Army, including seven tours of Afghanistan

He said a patient in Llanelli who was treated with the machine at the weekend was now “recovering well”.

Welsh ministers have given the go-ahead for production of up to 100 ventilators a day.

The ‘virus-killing’ snood

Designers claim the mask kills more than 95% of any viruses – including Covid-19.

woman wearing snood mask

Image captionThe snood has been developed in response to the pandemic

The company hopes to make as many as a million-a-week and plans to reserve part of that stock for the NHS.

“We have been working on the anti-viral coating since 2011 but it’s only in the last five weeks that we have developed the snood in response to the current pandemic,” said Anna Roberts, of Virustatic Shield.

The hands-free door handle

Wyn Griffiths came up with the idea after his wife visited a local hospital last week and had to touch door handles after sanitising her hands. 

door pull being made

Image captionAnyone with a 3D printer can now make the door pull

That evening he had designed a prototype ‘arm’ which attaches to an existing door handle, with a crook to open the door. 

He has now distributed the 3D design online for anyone to download it for free.

Mr Griffiths said: “Hopefully people who have a 3D printer can help out their local hospital or anywhere the public visits by distributing these around the country.”

Menai Science Park

Image captionM-Sparc in Gaerwen is supported by Bangor University

The innovation centre

The handle and snood were both designed at the Menai Science Park in Gaerwen on Anglesey, a hub for small start-up companies and scientific research.

Pryderi ap Rhisiart, managing director of M-Sparc, said it was “vital” the park plays its part in coming up with innovative ideas.

Pryderi ap Rhisiart

Image captionMr Rhisiart praised small companies developing “new innovative solutions”

“In the middle of all the doom and gloom it’s good to see small companies developing new innovative solutions,” he said.

“It’s just a glimpse. We’re not saying it’s the answer but it’s something.”

For more Welsh News, Business News, Welsh Business News, UK Business News, Tech News or Coronavirus News please follow the links.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Latest update on Coronavirus from The PM as UK goes in to lockdown!

Prime Minister Boris Johnson has announced that the UK is going into lockdown in a televised address to the nation last evening.

The PM made the announcement from 10 Downing Street amid widespread calls for tougher measures to slow the spread of Covid-19 / Coronavirus.

He ordered the immediate closure of all shops selling non-essentials items on Monday evening.

He told people to only leave the house to shop for basic necessities “as infrequently as possible” and to perform one form of exercise a day.

“If you don’t follow the rules the police will have the powers to enforce them, including through fines and dispersing gatherings.”

To ensure people follow the rules, Mr Johnson ordered the immediate closure of non-essential stores including those selling electronics and clothing.

All public gatherings of more than two people – other than those you live with – will be banned, the PM said.

Other premises being shuttered are libraries, playgrounds, outdoor gyms and places of worship.

The UK coronavirus lockdown rules you must now comply with, or face police action, are as follows:

Coronavirus: Boris Johnson orders lockdown of the UK and orders people to stay at home

And, while parks will remain open for exercise, all social events including weddings and baptisms will be stopped.

Funerals, however, can continue.

Mr Johnson said the measures will be “under constant review” and will be considered for relaxation in three weeks’ time if the evidence allows.

Earlier in the day all Britons travelling abroad were told to return to the UK “while you still can”.

The Welsh Government has also announced the closure of all caravan parks, campsites and tourist hotspots after people flocked to Welsh landmarks on the weekend.

The First Minister will also take additional powers over licensing because some pubs didn’t close over the weekend.

The measures come after it was announced four more people have died after contracting the coronavirus in Wales.

There are now 418 confirmed cases of coronavirus in Wales and there have so far been 16 deaths.

But Dr Giri Shankar, Incident Director for the Covid-19 outbreak response at Public Health Wales, said the “the true number of cases is likely to be higher” as the virus continues to circulate in every part of Wales.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Primark to close all 189 UK Stores including all stores in Wales – WelshBiz

Retail Giant Primark is to close all 189 of their UK stores in response to coronavirus.

The major high street retailer will close all its shops due to the Covid-19 outbreak in a move affecting some 37,000 people.

The Primark store on Cardiff’s Queens Street, as well as all 189 UK stores will close with immediate effect due to the coronavirus.

The announcement by Primark, which has branches across Wales, will affect 37,000 people.

A Primark spokesman said;

“Our main priority is the health and wellbeing of our employees,”

“Primark has committed to supporting all employees who are directly affected by store closures, with full pay for their contracted hours for 14 days, after which the situation will be reviewed.

“Primark will continue to closely monitor the situation, following WHO advice as well as local and national government guidance.”  

For more Welsh Business News , UK Business News, Global Business News it Coronavirus News, please follow the link.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Cardiff Capital Region (CCR) to support Businesses in South Wales…

THE Cardiff Capital Region (CCR) has today outlined its work supporting businesses in South Wales affected by the Covid-19 (coronavirus) pandemic.

The region is working with the Welsh and UK Governments to keep them updated on the current experiences of South Wales business, while working to ensure the region’s business are kept informed of the support available to them and how it can be accessed.

The Covid-19 (coronavirus) disease has caused huge disruption to many businesses for the foreseeable future and with this comes the uncertainty of how they will cope.

During this time, the CCR wants to ensure that all messages for business support from the Welsh Government and UK Government are being properly communicated and will be cascading all relevant information through its channels for the benefit of the region’s businesses. It will also be working very closely with the CCR Economic Growth Partnership to consider targeted interventions from our investment fund to support companies in our region and fill in any gaps or intervene where more tailored packages of support are necessary. This will complement not duplicate Welsh Government and UK Government interventions.

Kellie Beirne, Director of the CCR City Deal, said: “For many people and businesses across Wales, this is a very uncertain time and the coming weeks and months will present a huge challenge to us as individuals, communities and businesses.

“Many businesses and sole traders will find it extremely difficult to navigate through the weeks and months ahead without coming under severe financial pressure.

“Many sectors will also be taking a hit as customers are advised to stay away with social distancing and self-isolation. This is why it is imperative we do all that we can do to help and support each other, which is why we must communicate the business support that is coming through Welsh Government and UK Government to ensure businesses in Wales know what is available to them and how to better plan for the next few months.

“We are constantly listening and ensuring our communities are kept up to date with the latest information as it happens, and in turn, we are speaking to key organisations such as the Welsh and UK Governments to ensure that understand the issues businesses in South Wales are facing. We will also be proactively supporting our Local authorities who’s rightful priority right now must be saving lives and protection of the vulnerable.

“The CCR fully supports the help the two Governments have pledged to date. Today we are expecting a further announcement from the Chancellor with regard to a salary support scheme. It is our intention to keep cascading what these announcements mean for business, and how those companies can access that support.”

Cardiff Capital Region is working on making sure it’s as clear as possible to businesses how they can access these support schemes that are being put in place, and will be communicating this information to businesses through their channels.

In addition, the CCR and FOR Cardiff has issued a survey to help understand and identify key frustrations businesses are facing and the requirements businesses need to overcome this period of uncertainty. Businesses can complete the survey HERE.

Kellie added: “The coronavirus pandemic is a test of the resilience of our communities. There are great traditions of mutual support and cooperation in our region that we can draw on. In Cardiff Capital Region, working together for the good of all is at the heart of what we’re about. Our ethos is that the region is not a success if the most in need are left behind.

“However, now more than ever is the time for entrepreneurship to come to the fore. We will need to pivot business models, diversify and innovate in order to survive in such turbulent times.

“While this time is uncertain for many, what is certain is that we must try to sustain our businesses and communities through the crisis and help them get back on their feet when the recovery comes. The work that we do as Cardiff Capital Region is all about providing the environment in which businesses can flourish, in every corner of our region.”

For more on this article or other Wales 247 news please follow the link.

For more Cardiff Business News, South Wales Business News, Welsh Business News or Welsh News please follow the relevant links.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Cardiff Capital Region (CCR) to support Businesses in South Wales…

THE Cardiff Capital Region (CCR) has today outlined its work supporting businesses in South Wales affected by the Covid-19 (coronavirus) pandemic.

The region is working with the Welsh and UK Governments to keep them updated on the current experiences of South Wales business, while working to ensure the region’s business are kept informed of the support available to them and how it can be accessed.

The Covid-19 (coronavirus) disease has caused huge disruption to many businesses for the foreseeable future and with this comes the uncertainty of how they will cope.

During this time, the CCR wants to ensure that all messages for business support from the Welsh Government and UK Government are being properly communicated and will be cascading all relevant information through its channels for the benefit of the region’s businesses. It will also be working very closely with the CCR Economic Growth Partnership to consider targeted interventions from our investment fund to support companies in our region and fill in any gaps or intervene where more tailored packages of support are necessary. This will complement not duplicate Welsh Government and UK Government interventions.

Kellie Beirne, Director of the CCR City Deal, said: “For many people and businesses across Wales, this is a very uncertain time and the coming weeks and months will present a huge challenge to us as individuals, communities and businesses.

“Many businesses and sole traders will find it extremely difficult to navigate through the weeks and months ahead without coming under severe financial pressure.

“Many sectors will also be taking a hit as customers are advised to stay away with social distancing and self-isolation. This is why it is imperative we do all that we can do to help and support each other, which is why we must communicate the business support that is coming through Welsh Government and UK Government to ensure businesses in Wales know what is available to them and how to better plan for the next few months.

“We are constantly listening and ensuring our communities are kept up to date with the latest information as it happens, and in turn, we are speaking to key organisations such as the Welsh and UK Governments to ensure that understand the issues businesses in South Wales are facing. We will also be proactively supporting our Local authorities who’s rightful priority right now must be saving lives and protection of the vulnerable.

“The CCR fully supports the help the two Governments have pledged to date. Today we are expecting a further announcement from the Chancellor with regard to a salary support scheme. It is our intention to keep cascading what these announcements mean for business, and how those companies can access that support.”

Cardiff Capital Region is working on making sure it’s as clear as possible to businesses how they can access these support schemes that are being put in place, and will be communicating this information to businesses through their channels.

In addition, the CCR and FOR Cardiff has issued a survey to help understand and identify key frustrations businesses are facing and the requirements businesses need to overcome this period of uncertainty. Businesses can complete the survey HERE.

Kellie added: “The coronavirus pandemic is a test of the resilience of our communities. There are great traditions of mutual support and cooperation in our region that we can draw on. In Cardiff Capital Region, working together for the good of all is at the heart of what we’re about. Our ethos is that the region is not a success if the most in need are left behind.

“However, now more than ever is the time for entrepreneurship to come to the fore. We will need to pivot business models, diversify and innovate in order to survive in such turbulent times.

“While this time is uncertain for many, what is certain is that we must try to sustain our businesses and communities through the crisis and help them get back on their feet when the recovery comes. The work that we do as Cardiff Capital Region is all about providing the environment in which businesses can flourish, in every corner of our region.”

For more on this article or other Wales 247 news please follow the link.

For more Cardiff Business News, South Wales Business News, Welsh Business News or Welsh News please follow the relevant links.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

15 Top Business Optimisation Tips…


Your business culture or philosophy is the ultimate key to your productivity and success. It will either enable or disable everything else that you do.

Developing the right business culture is key to your success as everything you do hinges around this fundamental aspect of your business.

If a businesses culture or the culture of the leaders or staff is wrong, the impact of even the best business growth and business optimisation techniques would be severely limited.

Too many organisations only pay lipservice to these factors and as a result they constantly struggle to make real progress.

Please find these 15 Top Business Optimisation Tips for you to implement in your business.

Business Optimisation Tip 1.

Business Optimisation Tips – 1:

Understand your higher business purpose!

Contrary to popular belief, people don’t buy products or services.

They do buy the outcomes that those products or services can provide, solutions, benefits, answers, value, advantages, improvements, time saving, efficiency, avoidance of pain, protection, pleasure, fun, excitement, fulfilment, enjoyment, prestige etc.

Your higher purpose for being in business should be to turn those positive outcomes into reality by promoting, selling and delivering the specific outcomes your customer is actually buying. When you start to look at what you do in terms of the positive outcomes you can deliver to your clients, you can feel justifiably proud of the contribution that you are making to your clients, whatever business you are in.

When you do that consistently you and your business will profit handsomely.

Business Optimisation Tips – 2:

Operate your business with Integrity!

Taking an ethical approach to your business, performing as promised, and operating in a sound manner is always a great business strategy.

Your values, philosophies and policies toward your employees and your customers must be based on fairness and a sincere belief that your customers deserve to be well served at all times.

It’s good to have the attitude that if it’s good for the customer then it’s good for the company, and vice versa.

Putting the customer’s interests ahead of your own and being completely customer focussed is key to a successful business.

Business Optimisation Tips – 3:

Constantly work on the optimisation & efficiency of your Business!

Don’t be content to accept lesser results than you’re entitled to for your efforts.

Instead demand and accept nothing less than the highest and best outcome for every action that you ever take and every activity that you ever engage in.

You do this by;

Integrating and leveraging all of your successful sales & marketing approaches to achieve the optimum outcome and getting the greatest return for the least expenditure of time, effort, manpower and money.

Optimising all of your staff and leadership team so that you have the right number and the right people involved in the right positions for your business to run at its optimum level.

Optimising all of your systems and process so that they can effectively and efficiently deal with all of the requirements placed on them by the business.

Optimising all of your business costs so that you can help to make the best profit possible in your business.

Etc.

Business Optimisation Tips – 4:

Genuinely appreciate your team and do all that you can to keep them happy, productive, developing / progressing and efficient!

Many of the most successful & profitable companies in the world owe a large part of that success to having a very happy and contented workforce.

A happy and contented workforce are a group of people who know what they are supposed to be doing and that their efforts and their results are sincerely appreciated.

This will save you money in many ways.

Your staff turnover will go down. You’ll save a fortune on training and recruitment. You’ll suffer less abseteeism. It’s less likely that things will “go missing” etc.

Having an experienced workforce that isn’t always leaving and having to be retrained, one that really cares about your company and about looking after your customers, will result in fewer customer complaints, more customer satisfaction and customers who spend more money with you, more often and for much longer periods of time.

Business Optimisation Tips – 5

Build a balanced Team / Recruit the right people!

Recruitment is often seen almost exclusively as a search for individuals with the right qualifications, experience, and achievement.

Yet they are rarely found because of the requirement for more conflicting characteristics than can normally exist in any one person.

In a perfectly balanced team there is always someone who can deal naturally and effectively with any set of responsibilities. Each person just slots naturally into playing their part in growing and developing the business.

Most of us choose our life partner and raise our children with care, nurturing and compassion.

Yet we tend to select the people who will join our company on the basis of an interview or two, and once they’ve joined, they often discover they must fend for themselves.

This contrast illustrates the disparity between the family and work environments.

As around 75% of our adult waking time is devoted to work related activities, it makes sense to take as much care in recruiting the right people as it does in finding the right partners. You need to find people who care and who want to be the best.

Caring must be inherent in people’s natures. They have to feel it in their hearts. And if they do, their colleagues and clients will feel it too, and you’ll achieve much more success with less hassle and hard work.

If you look for genuinely pleasant people who have the right attitude and human values, the rest will usually fall into place. You can’t teach people to be nice.

Business Optimisation Tips – 6:

Empower your staff!

When companies consistently refuse to deviate from policy, they say to customers, in effect, “Our policy is more important than doing business with you.” Empowerment is the process of moving the decision-making process to the customer interface.

This will give your team at the customer interface the power to do whatever it reasonably takes to delight the customer.

Truly empowered employees invariably recognise and appreciate the authority they have been given and are more likely to use their initiative and good judgment to come up with better and less expensive solutions to a problem than that dictated by rigid policy manuals.

Business Optimisation Tips – 7:

Genuinely appreciate your customers and do all that you can to keep them happy – Be customer centric!

View your clients as long term friends and partners.

Redefine your business from the customer’s perspective as the basis of your philosophy, so that you protect and benefit them whenever and at the highest level possible.

But if no individual can combine all these qualities, a team of individuals can contain all the conflicting requirements that cannot be found in a single individual.

Business Optimisation Tips – 8:

Use Technology to improve the efficiency of the business!

Technology has been created to make our lives easier yet many businesses fail to use it effectively in their business. The majority of the top companies in the World are tech companies with a using technology for creating efficiency culture. Are you utilising your Technology; Websites, Web Platforms, Marketing Channels, Telecommunications, IT, CRM, Software etc. to the most of its ability to get the most efficiency out of them for your staff, your clients and your business?

Business Optimisation Tips – 9:

Adopt proven success practices!

The moment you start adapting and applying success practices that have already been tried & tested and refined by other industries, you can save yourself a massive learning curve.

If you can take advantage of £ millions or £ tens of millions or £ hundreds of millions worth of success-proven, profit-certain business practices that other industries have already validated, you’ve given yourself and your business an incredible edge over all your competitors and your level of success can’t help but increase.

Business Optimisation Tips – 10:

Don’t forget to enjoy yourself and all have fun in the workplace!

Some of the world’s most successful companies attribute a large part of their success to the use of laughter, fun and play in the workplace to build morale, participation, and involvement.

Recognition and appreciation can play a vital role in boosting morale and productivity among hard-worked employees. You can easily implement a step-by-step plan for building an enthusiastic, high-performance team using hundreds of tried and tested techniques for enhancing employee satisfaction and personal pride, improving employee morale, heightening productivity, creating a more people-centered corporate culture, and ultimately increasing your profitability from the process.

Business Optimisation Tips – 11:

Continue to grow through a culture of personal development, self improvement and life long learning!

The growth of your business is the aggregate of the growth of your individual team members.

By constantly training everyone in your business to perform at higher levels than your competitors, you’re investing in the future, while improving your business today.

The better your training, the better everything works in your business. It radically improves your team’s understanding of your objectives; helps set standards of performance; produces predictable results; leads to consistent answers to each question or problem; results in customers being treated in a similar manner no matter who they deal with and makes a big difference to how everything functions in your business.

Business Optimisation Tips – 12:

Be passionate about your business, staff, product / service & customers!

Passion and enthusiasm are contagious … and all too rare.

People are more inspired to do business with you if you display conviction and enthusiasm for what you do and the way that you do it than any other factor.

If you genuinely burn with an overwhelming desire to enrich the lives of everyone you do business with, people will be attracted to you like metal filings to a magnet.

Business Optimisation Tips – 13:

Run a suggestion scheme

A good suggestion scheme is like having an oil well in your back garden.

There is no more important tool for management. Suggestion schemes can be made to work extraordinarily well in any business and can be the cornerstone of constant and never ending improvement.

If you and your team ask yourselves relentlessly each day, “How can we do this better?” or “What more can we do to …”, you are bound to find ways to improve. Whether large or small, these improvements can lead to regular discoveries that can transform your business.

Business Optimisation Tips – 14:

Measure staff motivation

How do you know if your staff are well motivated?

This is where most businesses are amazingly primitive. Their skills in measuring motivation are under-developed or non-existent.

Methods of measuring motivation include:

  1. Staff turnover,
  2. Absenteeism,
  3. Theft,
  4. Customer Service,
  5. Attitude surveys.
  • Motivation does not have to be left to chance. Every business can introduce systems for motivating its employees better. The benefits are enormous and once you start measuring the payback on your investment in the workforce, you will see real results.
  • Business Optimisation Tips – 15:

    Use tried and tested ways of increasing staff motivation.

    Give bonuses or implement profit share schemes so that everyone his motivated by the success of the business.

    If you need any help with any of the business optimisation strategies or tactics please feel free to contact Mike on: 07960 872549.

    mikearmstrong.me

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me