Business Support Information

Business Owners Should Be Aware of Pension Legislation Changes

Posted on January 14, 2011

Is your company ready for new rules regarding business pensions? If you're not aware of the changes being implemented from 2012 then it would be advisable to run through the impending legislation and assess how it will affect you.

The main requirement is for all employers and employees to go through a process called Auto Enrolment, which means they will have to begin paying into a designated business pension scheme. The exact date (known as your 'staging date') where a company would have to make payments, will depend on the size of your company, and the amount you pay in will increase gradually but the aim is for all employers to eventually pay in 3% of yearly salary, employee to pay 4% and with 1% tax relief from the government meaning a total of 8% of salary will be paid in each year.

If the employee does not want to pay into an business pension scheme then they can opt out, which will mean that their employer is not required to pay into the scheme on their behalf. Read more...

Goals In Your Business

Posted on January 9, 2011

The goals of your business should be set high. A goal or a plan is something that you should really have to work at, to be able to reach it. The plans should be written down for all to see. This is important as people who have plans that are not written down seem to get changed to easily.

Creating a plan is easy, following through with making your plans a reality is the hard part. Many people create goals every year usually around the first of the year. For example people who are on unemployment say that their plan is to have a job, or even say their plan is to make one hundred thousand dollars in the year. The most common commitment for many people is losing weight, but is quickly forgotten a few weeks into the year.

Planning is important; however more people in the United States spend more time planning vacations then their own goals. A plan is like a ship, you do all the preparation to make it float. When you finally get it in the water it springs a leak, and Instead of fixing the leak we just tow it to shore and forget about it. This is the same principle with our goals, we have all the intention to follow through but when we start losing weight or get that job. We seem to forget about our commitment and say I'm not going to diet today, or I don't feel like going to work today. Somewhere along our journey we forget about our commitment that we set out to achieve. Read more...

Page 10 of 1012345678910