WINCHESTER University contributes more than £266 million a year to the regional business community, according to a new report. Entitled The Economic Value of the University of Winchester, the report claims that more than £203 million a year is created by its alumni, £20 million a year by student spending and £42 million a year by university expenditure. The university also contributes nearly 10,000 jobs a year into the regional economy.
Sales are the lifeblood of every business. Whether you call it business development, account handling or client relationship management, the principles are the same. But there’s a fine line between success and failure. Follow these ten tips and improve your chances of closing any sale.
Recent data from Instant Offices and Cushman Wakefield found that businesses can save up to 73% by renting coworking or serviced workspace in the world’s major cities. According to the data, the cost of occupying a desk in Hong Kong under a traditional lease arrangement is US$27, 432 per year. This is nearly twice the amount of any other city in Asia and more than 18% more than in London, its nearest global competitor. Instant’s proprietary data, collated from more than 20 years of flexible workspace listings, shows that in comparison, it costs just US$7, 607 per year to rent a desk in a coworking or serviced office space, saving businesses up to 73%.
Taxpayers are to be banned from using credit cards to pay their annual bills it has emerged. Information from HMRC shows that almost half a million people spread the cost of their tax bill over several months by putting it on a credit card each year, but from January 13 – just two weeks before this year’s self-assessment tax return deadline – the taxman will decline all personal credit card payments.
Cash is king when it comes to the financial management of a growing company. The lag between the time you have to pay your suppliers and employees and the time you collect from your customers is the problem and the solution is cash flow management. At it's simplest, cash flow management means delaying outlays of cash as long as possible while encouraging anyone who owes you money to pay it as rapidly as possible.