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Business Connections

Management

Entrepreneur of the week

How the right non-executive can help improve the way you run your business

Companies listed on the stock market have a legal duty to appoint non-executive directors, but doing so also makes a great deal of sense for many privately-owned businesses. The right non-executive can provide hugely valuable strategic advice, offer operational insights on how to improve the way you run your business, add credibility to your organisation and provide access to a string of useful connections.
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How to make outsourcing work for you

‘Outsourcing’ describes involves someone outside of your a business function which is managed managing a part of it. by someone outside of the business. Most commonly these are the ‘overhead’ functions such as internal systems, bookkeeping and human resources but you can also outsources sales, delivery, customer service, etc. The principles and pitfalls are much the same. Here we look at outsourcing the bookkeeping function for SMEs.