Analysing the competitive landscape
How to use Porter’s Five Forces model to assess the overall competitive landscape for your particular market. Porter’s Five Forces model is a widely used framework for analysing the competitive environment of a particular industry or business sector. Porter’s Five Forces are five separate factors that can impact business growth. The theory was developed by […]
Retention, engagement and diversity
How to manage some of the key HR challenges facing businesses in the current environment. In today’s competitive marketplace, attracting and retaining top talent, fostering employee engagement, and managing workplace diversity can be complex issues that require a strategic approach. To start with, recruiting and retaining talented employees in the current market is a major […]
DUA Tax newsletter – June 2023
Content accurate as at 25.05.2023 Welcome to our monthly tax newswire. We hope find the newsletter informative! Please contact us if you wish to discuss any issues in more detail. 2022/23 EMPLOYMENT-RELATED SECURITIES RETURNS DUE BY 6 JULY The deadline for reporting shares and securities and share options issued to employees during 2022/23 is 6 […]
When and how to increase your prices
Is now a good time to increase your prices? Inflation has been running high for a while, wages are rising and supply chains are still catching up after the disruption of the pandemic. Many businesses are facing increased costs and many managers are considering how to increase prices in order to maintain profitability. However, there […]
Asking for referrals
Referrals are a key source of new business for many firms. Here’s how to ask for referrals in the right way. Many people (including your competitors) are uncomfortable asking for referrals. After all, if you do great work for your clients, the referrals will come, right? This approach is passive and although some referrals may […]
How to create a premium brand
Premium brands enjoy a loyal following and can charge higher prices for their products or services. So how do you create a premium brand? A premium brand is a company, product or service that is perceived to have a higher level of quality, an elevated status or increased value in the eyes of its target […]
Responding to the war for talent
What to do if competitors are trying to poach your staff. The job market has been particularly hot since the Covid pandemic. There is a well-publicised shortage of skilled workers, and as a result, there’s a high probability that other firms are trying to poach your staff. So how do you hang on to good […]
TAX News -Budget Special 2023
Our Budget summary highlights some of the key points from Chancellor Jeremy Hunt’s first Budget to Parliament on 15 March 2023. Please contact us if you want to talk about how these may affect your business. We are here to support you! On 15 March 2023, Chancellor Jeremy Hunt presented his first Budget to Parliament and […]
Be prepared for changes coming to corporation tax
Changes are on the way next month to the rate of corporation tax you will be paying and it is important to be prepared. If you operate your business through a limited company you will pay corporation tax on your profits and that rate is the same regardless of the level of your profits. For […]
DUA Tax newsletter – March 2023
Welcome to our monthly tax newswire. We hope find the newsletter informative! Please contact us if you wish to discuss any issues in more detail. WILL THE SPRING BUDGET STIMULATE ECONOMIC GROWTH? With the UK economy flat lining the Chancellor is under pressure to announce measures to stimulate growth. There are even calls for him to […]