Freelance workers are growing

More and more people are taking the oppurtunity to work from home. This may be to help look after the kids or due to a change in their employment status.

As technology increasingly allows not only home working, but more and more people to work self-employed. A lot more men now work from home.

A resent survey has discovered that there are now 4.3 million freelancers in the UK, a increase of 28% since 2007. An estimated 2.4 million began freelancing within the last 2 years.

A total of 36% of those surveyed cited wanting to be their own boss / doing what they loved, as their reason for turning to freelancing. Furthermore 67% claim technology and faster internet access as the main factor enabling their transition. Also 90% admit a better work / life balance from working from home and often save 8 hours a week previously commuting.

 

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Virtual Office

I have signed up quite a few Virtual Offices over the last 3 months. They all say that my prices are very competitive.

A great benefit of a Virtual Office is that for less than £200 per year, you can use my address on all your stationary. If you work from home and are bidding for a contract, that Company may google you. They may even use street view to see where you are based. If you are working from home you are a one man band. However with a virtual Office you will be seen as more established and the perception is that you are part of a business community and may employ staff. For this low cost that contract may be yours.

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Networking

Lots of us in business need to network. If your anything like me, you will avoid this painful experience and discount it as having no value. Well its actually time to change.

3 months ago I joined a network group of like minded business people with the sole intent of getting new customers. Within 2 minutes I realised how bad I was at this. However the group has helped me and here are a few “do not do” pointers.

To be successful at networking requires planning:

Make “what you do?” your third or fourth question.It is always best to chat and break the ice first. By asking “what do you do?” it pigeon-holes or categorises people too quickly

Job titles only soothe your ego. People are actually more interested in what you do than who you are. It might sound good to be a lawyer, accountant or Company Director, but its the qualities you display that really counts.

You are there to Network, so network. Most people find this uncomfortable so try to avoid going with a colleague. If you do split up. If you don’t you may create a barrier and put people off talking to you. You can even stand alone in the middle of the room, this will give everyone else the signal that you are free to talk too. Stand proud though.

Groups are bad for networking. Networking works best one 2 one, this will also allow others to join your group.

Sell yourself first. People are there to network with you. Not your card or web site. When someone asks about your business that is the time to shine. You are allowed to talk briefly about your Company. Have a short 60 seconds ready. You can practise this at home. People will only listen to a small portion of the words you say, they will connect more with your body language, so be confident and stand proud. Anything more than 60 seconds and we all start to get bored.

Business cards. Always have plenty with you and ask the other person if they would like 2, in case they want to pass it onto a colleague. Only ever except a business card if they agree to take yours in exchange.

Go to the bar for a drink, not a networking event. Whatever you may think, networking works better without alcohol. Keep a clear head and make the best impression. You only make a first impression once.

Quick tips:

Don’t interrupt a stranger having a conversation to network under any circumstances.

Don’t dismiss yourself from a conversation to talk to someone more interesting

Don’t dismiss yourself from a conversation simply because someone has a service you’re not interested in.

Don’t hand out business cards until you are properly introduced

Never take phone calls in the middle of a conversation. Best to turn your phone off before you start.

Introduce yourself to each person if conversing with a group of people. Shake hands.

Don’t monopolise the entire conversation under any circumstances.

If there is someone you know is going to the event, prepare what you want to tell them. Search on google and find out what they do so as you can sound knowledgable about their Company.

 

 

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National Minimum Wage Increase

The National Minimum Wage will increase on 1st October.

The main rate for workers aged 21 and over will increase to £6.08
The 18 – 20 rate will increase to £4.98
The 16 – 17 rate for workers above school leaving age but under 18 will increase to £3.68
The apprentice rate, for apprentices under 19 or 19 or over and in the first year of their apprenticeship will increase to £2.60

Funny thing but these never go down.

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Body Language

Most people in business are so busy working that they forget some basic rules when meeting new customers or contacts. I must admit body language is something I need to work on, having just been on a training day with the bca (business centre association).

Body language is non-verbal communication, consisting of posture, gestures, facial expressions and eye movements. We send and interpret signals subconsciously and research suggests human communication consists of 70% body language and only 30% spoken words.

Try a couple of these tips to help develop confident habits:

1    Don’t cross your arms or legs – You probably know that crossed arms make you seem defensive or guarded. This goes for your legs too.

2   Make eye contact, but don’t stare – make eye contact to make a better connection and ensure they are listening. Too much might unsettle people but no eye-contact will make you seem insecure or shifty.

3   Relax your shoulders – tension or nerves can easily result in tightness in your shoulders. Try to relax and try moving your shoulders to loosen them up a bit.

4   Nod when they are talking – nod once in a while to signal that you are listening. But don’t over do it and resemble a nodding dog.

5   Smile and laugh – relax, smile and laugh when someone says something funny. People will be more inclined to listen to you if you seem to be positive. Always smile when introduced to someone.

6   Don’t touch your face – or over your mouth while speaking as it might make you seem nervous and can be distracting to others. Personally I think it looks bad.

7   Keep your head up – Don’t keep your eyes on the ground, it might make you seem insecure and a bit lost. Keep your head up straight and your eyes towards the horizon.

8   Don’t fidget – Try to relax, slow down and focus your movements. Try to avoid tapping your fingers or foot. Breath deeply and speak clearly.

9   Lower your drink – don’t hold your drink in front of your chest. In fact try not to hold anything in front of you as it may appear guarded. Hold everything low or beside your leg if possible.

10   Don’t stand too close – Let people have there personal space

11   Keep a good attitude – last but not least, keep a positive, open and relaxed attitude. How you feel will come through in your body language and can make a major difference.

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Do you employee this person?

If you thought you had some poor performing staff, these are actual quotes taken from employee performance appraisals:

1. “Since my last report, this employee has reached rock bottom and has started to dig”.
2. “I would not allow this employee to breed”.
3. “This employee is really not so much of a has-been, but more of a definite won’t be”.
4. “Works well when under constant supervision and cornered like a rat in a trap”.
5. “When he opens his mouth, it seems that it is only to change feet”.
6. “This young lady has delusions of adequacy”.
7. “He sets low personal standards and then consistently fails to achieve them”.
8. “This employee is depriving a village somewhere of an idiot”.
9. “This employee should go far, and the sooner he starts the better”.
10. “Got a full 6-pack, but lacks the plastic thingy to hold it together”.
11. “A gross ignoramus – 144 times worse than an ordinary ignoramus”.
12. “He doesn’t have ulcers, but he’s a carrier”.
13. “He’s been working with glue too much”.
14. “He would argue with a signpost”.
15. “He brings a lot of joy when he leaves the room”.
16. “When his IQ reaches 50 he should sell”.
17. “If you see two people talking and the other one looks bored, he’s the other one”.
18. “A photographic memory but with the lens cover glued on”.
19. “A prime candidate for natural de-selection”.
20. “Donated his brain to science before he was done using it”.
21. “Gates are down, the lights are flashing, but the train isn’t coming”.
22. “He’s got two brain cells, one is lost and the other is looking for it”.
23. “If he were any more stupid, he’d have to be watered twice a week”.
24. “If you give him a penny for his thoughts, you’d get change”.
25. “If you stand close enough to him, you can hear the ocean”.
26. “It’s hard to believe he beat out 10,000 other sperm”.
27. “One neuron short of a synapse”.
28. “some drink from the fountain of knowledge, he only gargled”.
29. “Takes him 2 hours to watch 60-mintes”.

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Do you know what SEO, PPC and SM stand for?

These acronyms refer to aspects of internet marketing called Search Engine Optimisation, Pay Per Click and social Media. It is important to understand the difference between these popular options so you know which tools you need to employ to assist your internet advertising and web site.

Search Engine Optimisation:
The aim of search engine optimisation is to get more visitors to your web site from search engines. In business I must receive one cold call per month from Companies offering this service. The costs normally are a monthly fee for a minimum 12 month contract period. So far I have not spent any money with such Companies however it may be very useful for your business.

Pay Per Click Advertising:
The main form of PPC is something called Google Adwords. You only pay when someone clicks on your advert. However Google charges different prices for certain words. For example “car insurance” is very expensive yet obscure niche products can be relatively cheap. The great advantage is that you get sales or enquiries from the first day your advert goes live.

Social Media:
Social networking sites such as Facebook, Linkedin and Twitter are now being used by businesses to advertise their Companies. These sites can be useful in helping to increase brand awareness but take a long time to reach people you do not already know.

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Business Link

As a start up or small to medium sized business (SME), a good source of information can be Business Link. You can have a look at their web site www.businesslink.gov.uk

The nice people at Business Link, will actually come out and see you, (by appointment). They will offer impartial advice, probably a recommendation sheet and may even point you in the direction of available grants.

It is worth the effort as just one tip may save you a lot of time or even money.

 

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Don’t be too greedy

Don’t take too much money from the business. In other words – don’t kill the goose that lays the golden egg. You certainly won’t be relaxed if you experience a serious cash flow crisis.

Plan to earn less initially, from your business, than you would from a salaried position. Lots of self employed people work longer hours and have less holidays than people with normal careers. However, there are plenty of good times ahead if it all works to plan.

 

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Website information you may need to include

Your business website must include your address (office or virtual office address) and contact details, privacy policy, terms and conditions, exchange and refund policy, quality commitment and information about delivery and payment. Stock availability and pricing should be kept up to date and you must state how much VAT and post and packaging is payable per item.

To collect payments you need to include a shopping cart function, as well as a secure means by which customers can enter their card details when paying. Most website designers provide a shopping cart function and payment facility as part of their service. Online website-building packages do, too.

You also need a merchant account to collect payments. Providers such as PayPal are popular, but you should also enquire at your bank. You pay a service charge on each transaction, a set-up and monthly service fee.

 

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