Making a fortune - the secrets of Asian business success

One of the secrets of success is to emulate those who are already successful.  Asian businesses in the UK are flourishing as a group and Dr Spinder Dhaliwal has published a book detailing the six key traits of thriving Asian businesses.

To find out more click here...
http://www.kandh.co.uk/changingthenumbersblog.htm

This month I'd like to talk about 3 subjects. Firstly, and in line with Pauline's focus on the credit crunch (see below), I've got some ideas for you concerning how you can reward key employees more tax efficiently than simply using the tried and tested bonus and dividend method.
http://www.kandh.co.uk/news_articles/290708_01.htm

Secondly, with mortgage costs rising and the housing market slumping I have advice on how to reclaim VAT and save money for those of you who are building your own home, or converting non-domestic properties.
http://www.kandh.co.uk/news_articles/290708_02.htm

Finally, employers who employ homeworkers take note, the guideline rate that employers can pay employees, free of tax and NIC, for working at home has increased from £2 per week to £3 per week. Although this is not the maximum rate that can be paid over to employees who regularly work from home, it is a guideline rate that can be paid without the need for the employee to provide records or the employer having to justify it. The payments can be higher where there is clear evidence to justify it
http://www.kandh.co.uk/news_articles/290708_03.htm

We seem to be hearing more and more about the Credit Crunch these days.  There is some evidence that the media are over-hyping it and the following survey that appeared on the E-Myth website seems to back that up.  Read more at http://www.kandh.co.uk/news_articles/220708_01.htm

However, if you are feeling the pinch here is a useful guide to Cost Cutting, which gives sensible, quick and easy ideas on areas to target.
http://www.kandh.co.uk/news_articles/220708_02.htm

And last but not least, making sure you Get Paid on Time is vital, particularly for small businesses for whom healthy cash flow is critical.  We have come up with a number of ideas that have been proven to work, ranging from simple ones such as prompt payment discounts, to the more unusual ones such as entering the details of prompt payers into a prize draw.

To see the full list visit http://www.kandh.co.uk/news_articles/230708_02.htm

It's no longer fashionable to be green, it's essential. Thankfully more and more of us are realising that being green does not have to be expensive and may actually work out cheaper in the long run.

We are keen to promote environmental awareness and have set up a new Green Business page on our website www.kandh.co.uk/green_news.htm We will be adding ideas and articles aimed at helping businesses to save money and help the environment, so please keep checking.

At k&h we have recently upped the amount we recycle by installing a number of different recycling bins, and we have found that everyone, without exception, is making the effort to use them.

We are always trying to improve our standards here at K&H and recently the whole team got together for a Growth Strategy Day where we brainstormed every conceivable idea that we could think of to improve our service and also help the environment.  We came up with many suggestions which we will be implementing - some small, eg composting fruit peelings and tea bags, some not so small like the team outing to The Seychelles which alas has been put on hold!  If you have any ideas that you would like to share with us, we would be delighted to hear from you.

Our next Business Builder Forum (BBF) will be on Tuesday 9 September.  These forums allow business owners to get together over a light breakfast to develop and share business ideas.  The topic in September is How to be Debt Free in 7 years, or Surviving the Credit Crunch.

For full details including venue and how to book click www.kandh.co.uk/bbf.htm

Our next Business Development Workshop (BDW) will be on Wednesday 24 September at our offices in Theale.  These workshops provide an introduction to 4 key areas that we work on with our clients: using accounts, saving tax, improving profitability and business development using E-Myth principles. To find out more click www.kandh.co.uk/bus_dev_workshop.htm

Thank you for taking the time to read our E-Proactivity newsletter. For more information on any of the articles / events above please contact Bernadette Brownlie on 0118 923 5829 or bernadetteb@kandh.co.uk