COVID-19 - Advice on Financial Support Available to SMEs
At 5pm 17 March the UK Government provided some detail on the package of measures being taken by them to support businesses financially during COVID-19.
We’ve pulled together what we know so far, and we’ll update this as more information is released. We’ve also included some specific guidance released from the ACCA on HMRC time to pay arrangements and guidance for running your business remotely.
Coronavirus Update for Clients and Employees
We're committed to keeping you up to date with the latest developments around Coronavirus.
A new wave of UK Employment Law changes coming April 2020 - are you prepared?
There are 7 significant changes to UK Employment law happening in April 2020. Is your business prepared?
We’ve outlined the changes and within this blog access our dedicated employment law portal which provides detailed guidance, tips and advice on policy changes for each.
Fact3's response to the landmark ethical veganism case
We’re barely half way through January, but a
major employment change has already been announced.
The Perfect Co-Sourcing Example
An example of a full service co-sourcing offering that brings co-sourcing to life, helping you understand exactly how co-sourcing can benefit your business.
Here we’re going to provide you with a co-sourcing example, using an anonymous but real life organisation.
What is the balanced scorecard and how will it help grow your business in 2020?
The balanced scorecard is one of the most widely implemented business strategy tools used globally by large organisations, from Volkswagen to Apple.
The balanced scorecard is a strategic planning and management approach that connects the dots between a business’ strategic focus and its day to day operations.
What is co-sourcing, who is it for and what are the benefits?
Co-sourcing is a way of partnering with an expert provider to share the location, support, maintenance and risk of business infrastructure technology and services.
This allows you to focus on your core business activity.
6 questions boards need to ask themselves when considering cyber security
Effective cyber security starts at board level. Cyber security strategy has to be embedded at every level of an organisation for it to work.
Based on advice from the National Cyber Security Centre we’ve extracted some of the most important questions your board needs to ask themselves to kick off the cyber security conversation the right way.
8 common people challenges faced by growing businesses
If you’re running a business, it’s growing and you’ve started taking on staff, it’s highly likely at least one or two of these challenges will ring true.
If that’s the case, it’s probably time to start thinking about a co-sourcing solution for your HR function.
The ONLY list of essential cyber security resources UK SMEs need: from Fact3
When it comes to cyber security, there are hundreds of blogs, advice and resources available for SMEs.
To save you time we’ve put together a comprehensive list of resources encompassing everything we think SME business owners need to know about cyber security.
The most common cyber security threats to SMEs
The importance of cyber security grows year on year as the technology we use in our businesses becomes increasingly embedded in every action our employees take to carry out their day to day roles.
There are a number of different types of cyber attacks and security breaches, but some are more common than others.
The BEST case studies to help you put the balanced scorecard into practice
The balanced scorecard is one of the most widely implemented business strategy tools globally.
There’s nothing like a case study example to gain inspiration and get a feel for exactly how this works in a corporate environment.
Is your business ready for co-sourcing?
Is it time you started to consider co-sourcing to support the growth of your business?
Take a look at our latest infographic and see if any of the challenges ring true, if so, it might be time for a chat!
5 cyber security training topics SMEs MUST cover with employees
Employees are by far the biggest cyber security risk to most SMEs.
If employees aren’t trained to identify what a risk looks like, they certainly won’t be able to manage it effectively.
5 signs it's time to start co-sourcing
There are many ways co-sourcing can benefit a growing business.
But here are 5 common trigger points that businesses should start to consider a co-sourcing solution to support their business growth.
Why ‘thinking small’ is one of the best strategies for sustainable business growth
Do you spend sleepless nights thinking about what your business might look like in 5-10 years?
Creating unshakable foundations now is the way great businesses are built.
The Co-Sourcing Business Model
Co-sourcing is a relatively new business model that emerged to solve the problems faced through challenges from in-sourced resource and outsourced support.
Take a look at our helpful infographic.
A simple solution to retaining great talent in growing businesses
The UK has suffered a substantial decline in employer training investment for staff over past decades (CIPD, 2019)
Studies show most training provided to staff is compliance based or as part of the induction process. This is a wasted opportunity!
Top 10 essential qualities you need in a co-sourcing partner
The decision to select a co-sourcing partner is a significant one. You’re entering into a business collaboration, designed to fuel growth and future proof your organisation.
The following qualities and actions from your co-sourcing partner are essential to a successful working relationship.
Why a co-sourced people function is essential for growing businesses
The traditional view of HR is outdated, but a lot of business owners and stakeholders still don’t understand the positive impact on the bottom line HR can have when delivered correctly.
HR is often the last strategic consideration, but in reality, getting an HR strategy right is critical to sustainable growth.