TheStartUpGold

How to maintain a fit lifestyle while working

2020-01-24T14:05:33+01:00 January 10th, 2019|Categories: Entrepreneur, TheStartUpGold|Tags: , , , , , , , |

Active people are energized to  think smart and work smart

An active lifestyle increases your chances of a healthy life. When you make staying active part of your daily life, you’re energised, more alert, you do better at work and you become more confident.

Many of us spend our days in the workplace sat in on meeting after meeting, hour after hour . Long periods of sitting is said to lead to an increased risk of heart disease, obesity, diabetes and cancer. The World Health Organization even lists inactivity as the fourth biggest risk factor for global adult mortality,

Here are some ways to incorporate some activity into your work life depending on if you have an office for your business or work from home.

  • Walk or Cycle to work
  • Drive at least part of the way to work or try parking your car further away from the entrance
  • Volunteer for the coffee run
  • Start an office fitness challenge
  • Have standing meetings
  • Walk across the hall to talk to a coworker instead of sending an email
  • Take the stairs instead of the elevator
  • Take a longer, roundabout way to your desk
  • If schedule permits, try going for a run or take a long walk during lunchtime.

Healthy habits also go a long way in keeping you fit

Sit right

You probably spend more time at your desk than any place other than your bed. So when you’re sitting in front of it, it’s important to do it properly. Adjust your chair height so that your feet are flat on the floor and your knees and arms are at a 90-degree angle. Adjust your computer screen so that your eyes are even with the top edge. Angle the screen so it’s tilted slightly upward toward your eyes.

Wear comfortable clothes and shoes

Taking the stairs looks a lot less appealing when you’re in towering high heels or a stiff suit. If you must, have some comfy shoes around and perhaps a lighter wear under the stiff suit to help you move around easier.

Stretch

When you sit for an extended period of time, your body and mind falls asleep. Occasionally, you get up for a walk or a stretch. This will wake you up and get the blood flowing through your body (and your brain).

Messy Desk

An unkempt work area can cause stress and lead to inefficiency. Furthermore, your desk, phone, and computer are notorious for harboring germs. Once each week, clean your workspace with antibacterial wipes. Organize your desk in a way that minimizes strain on your body, and keep things in their place. If you need help, look around the office at coworkers’ desks, and ask them for tips.

Relax, Look on the bright side and Make your health a priority

When you are chasing a day full of meetings your stress levels are probably sky-high and stress has a terrible impact on your health and wellbeing. Therefore one of the best things you can do to stay healthy and fit is to learn how to relax.

Healthy people are more optimistic than unhealthy people. They don’t waste time and energy complaining. If they think they need to make a change in their life, they do it. They know that a positive mental attitude goes a long way toward promoting other healthy behaviors in their lives

Heathy people make a conscious effort to be healthy in especially busy or stressful times, it’s easy to let life get ahead of you.

Achieving healthy habits while at work is a mind game. Overcome your personal discouragements, believe in yourself, and take it one step at a time into a heathier, energized and more productive new you.

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Smart Business – Ethics

2019-02-03T20:52:26+01:00 January 10th, 2019|Categories: TheStartUpGold|Tags: , , , , , |

What policies do you have in place to safe guard the safety of your business? Do you have measures in place to check you are operating with high ethical standards? Are you aware of the impact of poor ethics on your business? It sounds like a boring topic until your business gets slammed and profiled as running sub standard ethics.

Business leaders in some countries may argue this isn’t a relevant topic for the environment in which they operate but it nonetheless sets a benchmark for the sort of company you run and even limits the extent to which International businesses with high ethical standards will work with you.

As a CEO or person in leadership the onus is on you to ensure the right controls are in place for your business to perform optimally not just on internal targets but on its social responsibilities and performance in the external environment. For larger firms where it takes a village, focused departments on ethics and compliance are carved out to empower people make the right decisions and set the right initiatives to ensure the business operates with high standards.

Corporate Social Responsibility refers to the impact your business is making in the outside world and its compliance to areas of the law and national economic or international standard.

So what parts of your business feed into these areas?

Have you considered your I.T department and the effects of your business output on your employee and customer data security?

Recent events in the news about Facebook has forced a lot of companies into reviewing this area of their business, however it isn’t relevant to large corporate only. As a small to medium sized business, it is your corporate social responsibility to safe guard the privacy of employees and customers that trust your company enough to do business with you. Tighter controls on the systems and processes for communicating and enabling customer information as well as regular compliance training to raise awareness in your business and remind staff and vendors to be diligent when handling people or customer data are some effective ways to improve data security.

A second area of your corporate social responsibility that needs regular review is your Accounts department.

As a leader in your organisation are you aware of where all the money is going and how it’s been used and reported. We can review case studies of businesses that have had troubles due to poor accounting standards – Sybase, Micro Strategy, Computer Associates, Enron, Lehman Brothers, Worldcom….. A review of these companies would be a start but more pertinent is to have a proactive approach to being diligent about the accounting practices of your firm. Keep in mind that a lot of these large corporates have used other reputable firms to handle their account but still gotten into trouble. The key message here particularly for business leaders is to understand the practices and processes that govern their accounting principles and mobilise the right controls where gaps exist. This remains relevant for small to medium sized businesses as leaders monitor the financial performance of the firm.

The final part of the discussion that needs attention is your HR function.

This includes the ethics your business has in the areas of rewarding, developing and protecting people as well as encouraging a diverse and inclusive work force .

You’ve probably heard a lot of companies use the catch phrase “people are our greatest assets” Smart business is about engaging your workforce and creating an atmosphere that enables the people not only to help realise your targets but position you as a responsible company as well. The world more than ever before is paying a lot more attention to areas such as gender inequality, diversity and inclusion, so ensure you are conversant of this and feeding into your people management initiatives.

These three key departments – Technology, Accounts and HR are by no means the only important departments required to have a strong ethical focus in businesses. In a fast paced world where change and economical issues are prevalent, they are usually the most visible areas that flag the controls in place to show the company operates with high ethical standards.

On a final note, we learn something new everyday. If there are areas within your business that need improvement on ethics, start to initiate the steps today. Your customers may have picked up on this already and asking questions about certain areas. We have learned over the years about the importance of transparency on matters with clients and this can help build loyalty and strengthen your brand.

Do you need support for your business on ethics and compliance. Contact us at info@thestartupgold.co.uk today to utilise free consultancy services available to your business.

Are there other departments that need more focus to improve business ethical standards?

Leave us a comment, we would love to hear them.

7 Hacks to get prompt payments from customers

2020-01-04T13:11:55+01:00 January 10th, 2019|Categories: TheStartUpGold|Tags: , , , , , , , , |

Continuous late or delayed payments can very easily bring a startup business to its knees. A healthy cashflow allows businesses make the required investments to grow. A firm hand on spend and income is really important for a Startup to be successful.

Customers are key to this as most of the business income will come from invoices that have been sent out in return for goods and services they have procured.

It isn’t uncommon to find customers that wouldn’t bust a gut to pay their dues on time. If you run a business, here are seven ways you can get your money’s worth on time.

Bill on time

Have a set time of the month to verify all invoices have been sent. A lack of organisation could result in your customers receiving an invoice too late to meet your payment target date. You might also overlook certain areas that have been charged resulting in lost payment.

Use technology

Reduce the stress on customers and make it quick and easy to make payment using a mobile and online system. Google Pay, Amazon Pay, Paypal, Apple Pay and Stripe are some more popular choices with online businesses today.

Hire a watchdog

In other words, hire a book keeper or book keeping service to keep track of where the money is being held up and do the follow up. A book keeper can help prevent errors with invoicing as well as manage your company cash inflow and outflow.

Maintain a professional client relationship

Business is Business and fees are due after you have delivered a good or service. Gratitude isn’t an acceptable form or payment if you are in business to make profit unless you see this as a means of increasing customer loyalty and expect more business in the longer term.

Have an agreement

The terms of your agreement covers what you are billing for, make this clear and obtain an agreement before proceeding with the work. Ensure this is mapped out clearly on invoices to avoid delays with clarification. Itemise all necessary areas, such as quantity, hours worked, discount if any or VAT.

Offer a payment plan

Give customers a flexible option for payment such as spreading the costs and offer incentives for quick payment. If you pursue a flexible option for payment ensure you have a water tight agreement in place.

Have a late payment policy

Ensure this is set out clearly from the onset in the terms of your service as it shouldn’t come as surprise to your client. Send a courtesy reminder about late penalties to the client before your deadline and ensure whatever you charge, it is in line with the laws in your area.

Are there are other strategies you use to ensure prompt payment from customers? Let’s continue the discussion, Join our community for more business tips and share yours with other entrepreneurs.

 

 

 

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