Ensuring The Will You Write Is Valid


Ensuring The Will You Write Is Valid

Nobody wants to think about dying. After all, it is not the most exciting and cheerful subject to discuss, is it? But the harsh truth is we need to think about. You have to think about the loved ones you are going to leave behind, especially if you have children. You must take the time to devise a will in order to ensure they are protected. It allows you have to control over everything from appointing guardians for your children to devising up your assets.

If you don’t create a will, then your estate will be divided and distributed by intestate law. What does this mean? Well, if you are survived by your spouse and your children, then this will be equally divided amongst them. Equal division also occurs if you are survived by your children only. It then goes to your grandchildren. After this, it will be distributed equally between aunts and uncles, parents, cousins, brothers and sisters and grandparents. If you have minor children, then the court will appoint their guardian (if your husband or wife did not survive you) and they will appoint their guardian of the estates too. This can often lead to many problems, and individuals tend to prefer to have control over who gets their assets, money and property.

So, how do you go about preparing your will yourself? First and foremost, you need to begin with wealth management, i.e. how are you going to divide your monetary assets, personal belongings and alike? This is completely dependent upon your own personal wishes. You don’t only need to decide on how you are going to divide everything up, but you also need to pick an executor. This person will be responsible for carrying out your directives, managing your estate and following the correct legal processes after your death. Needless to say, it is imperative that you select someone who you trust – someone who will act in your best interests entirely. You will also need to let this person know where you are keeping the will as well, so they will be able to access it.

When actually devising the document, you need to begin by identifying your full name, your address and your social security number. Next, you need to make a declaration. This must state that you are in sound mental health and that the will expresses your final wishes. Next, include your family details and state who your executor is going to be. You will have to dedicate a section to state that you give the executor power to act in your interest. The next step is to bequeath your assets. Finish off by making any special requests and then sign.

Of course, you will need to seek the aid of a financial adviser like Bannister Preston who will help you to guarantee that your will is composed as it should be. Companies like this have strategic partnerships with the right people in the industry who will be able to provide you with an inexpensive solution to your multi-jurisdiction wills if you’re an expert.

So there you have it: everything you need to know about putting together a valid will.

5 online side hustles that will help to boost your income ahead of Christmas 2020


5 online side hustles that will help to boost your income ahead of Christmas 2020

For most families in the UK, Christmas will always be a particularly expensive time of year. But, in 2020, you might be more worried about the cost than ever before. A lot of families have taken a financial hit over the last few months due to the ongoing coronavirus pandemic — for example, you might have lost your job, or been forced to take an extended break so you could look after your kids while they attended school online.

You’ll still want to make the festive season as exciting as possible for you and your children, though, which might mean you’re looking for some ways you can make a bit of extra money in December. Here, I’m going to outline five side hustles that you can make money from ahead of Christmas, without even having to leave your home!

Completing online surveys

Filling out online surveys is a very easy way to make some extra money on the side. Most of these are conducted as market research, so companies can get more information about what the average person or a particular demographic might be looking for in a product or service. A huge benefit is that you can sit down to fill out a few surveys whenever you get the time, which is great if you’re only ever free when the kids go to sleep at night.

Websites will typically offer you money or vouchers in exchange for your time and insight. The reward will depend on the length of each survey, so it might be worth choosing longer quizzes if you really want to see the money stack up.

It’s a good idea to set up a new email address specifically for your online surveys, so it’s easier to keep an eye out for opportunities and your existing inbox won’t be inundated with offers. You should also keep a note of every survey you’ve filled in, and how much you’re expecting to earn from them, so you can make sure you always get paid.

Sell items you no longer need

You’ll probably be preparing to surprise your kids and the rest of your family members with new toys, clothes, and other exciting gifts this Christmas. So, it’s worth thinking about having a clear out in the weeks leading up to the big day. Not only will this give you the chance to get rid of any unnecessary clutter in your home so it feels much more organised and relaxing, but you could also sell some of your belongings on to make some quick cash.

It’s very easy to sell the likes of furniture, clothing, shoes, and toys online. There are certain platforms that specialise in particular items — for example, Depop is most typically used to buy and sell clothes, footwear, and jewellery. Or there are more general options, such as eBay and Facebook Marketplace, where you can advertise a wide array of items you’re hoping to make some money from.

Create an online course

It’s becoming increasingly popular for people to create and sell online courses, which will help others to develop a particular skill. So, if you have a specialism, this could be a fantastic move for you.

Perhaps you can create video tutorials about the basics of web development, or put together an e-book all about growing your Instagram engagement. Think about what you’re best at, and what you tend to get the most questions about. Then consider how you could package up your knowledge and sell it as a product.

Give dropshipping a try

If you like the idea of running your own shop but don’t have the time, space, or resources to do all of the packing and posting yourself, dropshipping could be a great middle ground.

With dropshipping, you can set up your own online store, but you won’t need to have the actual stock on hand. Instead, you can partner up with a third-party supplier, which will usually be a wholesaler or manufacturer. They can then handle all of the logistics when it comes to fulfilling your orders.

Working in this way will help to keep your overheads low, and it will also require less time and energy than managing everything on your own. You’ll only really need to focus on the marketing and customer service side of things, while all of the heavy lifting will be done for you.

We’re just a days away from Christmas and, if you’re worried about finding the money to make it a day to remember, picking up a side hustle will help. Any of these ideas will give you the chance to make a bit of extra money fast, so you can go all out when it comes to presents and putting on a festive feast for your nearest and dearest. What are you waiting for? Grab your laptop and get started today. 

Author

Peter Watton, from the matched betting platform OddsMonkey, shares his five best ideas for picking up a side hustle that will bag you some extra pocket money in time for Christmas.”

How Are Small Businesses Staying Afloat Through COVID-19


How Are Small Businesses Staying Afloat Through COVID-19

Business owners are struggling right now. The lockdown left many companies with massive losses in terms of profits and revenue. Some even struggled to open their doors again once the lockdown ended. This is why it’s important to explore the key ways that businesses are staying afloat through the continuing health crisis.

Leaning On Loyalty

One of the first ways that businesses are keeping their doors open is by relying on the loyalty of the customers that they already have. Right now, you might want to consider doing more of this, rather than trying to win over new clients. Winning new clients is going to be more expensive and more time consuming than falling back on customers that you have already claimed. There are lots of ways to gain the interest of loyal customers to your business. For instance, you can use email marketing to provide value directly to them and remind them why they chose your business in the first place.

Credit Options

Next, you might want to explore different credit options for your business. If you are struggling to maintain revenue levels then it’s possible that credit is going to be the only way that you are able to keep the lights on. You might be wary of borrowing to keep your business going. However, it’s going to be a calculated risk. Under the right circumstances, payday loans and similar credit options can be the lifeline that you need. You just need to make sure that you are aware of the interest and when you will need to pay the money back.  The government also provide support for businesses you can view here the Coronavirus (COVID-19) support is available to businesses.

Downsizing

Other companies are surviving simply by reducing the size of their business. One of the ways that you can do this is by cutting down your team of staff. No business wants to reduce staff numbers, particularly when it’s nearing the end of the year. However, there’s no denying that this is ultimately going to end up saving you a lot of money. You might also want to consider operating from home with your business if you are not already exploring this option. It will immediately cut all the costs that your business office brings.

Reinvention

Finally, you might want to consider whether there are any ways that you can reinvent your business this year to ensure that it’s a better fit for the current climate. The obvious example of this would be home deliveries. A lot of stores on the high street are now putting a stronger focus on ensuring that they can deliver to the homes of their customers. While you might not have the team in place to do this, there are logistics solutions that can help. Approached correctly, you can increase your profits, even as you pay for the services of another company.

We hope this helps you understand some of the key ways that you can keep your small business afloat even during this tumultuous time for industries and different sectors. With the right strategies in place, you won’t be one of the next companies forced to close their doors.

Parents in Biz hub

 

The retirement triple-threat facing women


The retirement triple-threat facing women

Why health, wealth and longevity are the three factors putting women
at a disadvantage in later life

Having been a working mother (my children have all flown the nest now), I know how strong our focus can be on the contributions that we need to make to our families. From ensuring they have the latest football kit to saving for our children’s university education – we often place our family’s needs before our own. Yet, there’s a very big reason we should be looking more closely at the contributions we need to make to ourselves to protect our long-term financial future. Women typically live longer than men and may have a smaller pension pot, therefore we need to plan accordingly to make our money last.

While longevity sounds like a blessing, we wouldn’t want to be unwell and struggling financially during our later-life years or become a burden on our children who we had prioritised earlier in our lives. But many of us run the risk that this will be our future. A 40-year-old woman has a one in four chance of living to age 96, and a one in ten chance of living to 1001. Better healthcare and positive lifestyle changes have helped to raise life expectancies across the board, but as women, we are still likely to live longer than men. And with several studies finding that more men than women have died from COVID-19, the life expectancy gap could widen further from here.

The gender pension gulf 

With this in mind, we not only need our pensions to last longer, we also generally have smaller pension pots which is a bad combination. We already know that women typically retire with one-fifth of the pension wealth of men2. New analysis from the Centre for Economics and Business Research found that, when life expectancy is taken into account, the gender pensions gap could be as much as £108,130 for single women, and £186,120 for women who are married or in a relationship3.

Because we tend to live longer, women are also more likely to end up in single-person households later in life. This could add further to our financial pressures because it can be much more expensive to run a household of one, covering all bills alone.

Will you be healthy enough to work longer? 

Adding to this, the State Pension age is rising, which means many people who will rely on this government payment will have to work longer before they can claim it. With this, there’s no guarantee your health will support you working into your later years.

For example, some women may have taken their first job at 16. If you’re planning on working until your late 60s or early 70s, that’s a lot of years in the workforce – you might well be feeling burnt out or struggling with health issues. As early as your mid-40s or early 50s, you could be suffering from symptoms of the menopause, such as ‘brain fog’, which can make it tough for some women to continue working at the pace they once did.

You may want to drop to part-time hours or get a job with less responsibility to take some of the pressure off, even if it just for a few years. But will you be able to afford this flexibility?

Same-sex couples face triple whammy 

For women in same-sex relationships, you may think that your joint longevity will give you a long and happy retirement together. But in fact, you could actually face a triple whammy of challenges. For example, if you both take a period of maternity leave, this could impact your earning power and pension contributions. You may actually need to work longer and face the risk of health conditions spread over a longer length of time.

Luckily, there are things that we can all do to increase our chances of a financially secure life, however long you live. If you do nothing else, have a think about what you want your future to look like. Do an appraisal of all your long-term savings plans, rounding up any small savings pots you may have forgotten about over time. Sit down and have a chat with a financial adviser to see how things are actually looking for your retirement years. Taking into account the money you’ve already saved, and your capacity to save over the coming years – an adviser can model a likely outcome.

For more information or advice on planning retirement, please visit https://www.sjp.co.uk/products-and-services/retirement

1 ONS life expectancy calculator, accessed 7 September 2020
2 Securing the Financial Future of the Next Generation, Insuring Women’s Futures and Chartered Insurance Institute, 2018
3 Centre for Economics and Business Research, September 2020

About the author

The retirement triple-threat facing women

Sharon Bonfield, Commercial Research Specialist, St James’s Place Wealth Management (https://www.sjp.co.uk/)

 

7 Things You Need To Think About Now To Plan Your Retirement


7 Things You Need To Think About Now To Plan Your Retirement

Planning your retirement as early on as you can ensure success – if you leave things to chance, then there’s every chance that things won’t turn out like you may have visualized, and life could become a little difficult. Below, we’ll mention 7 things you need to think about to plan your retirement properly now. It doesn’t matter how young you think you are, the sooner you start to plan, the better. Take a look and get started:

  1. What Sort Of Lifestyle Would You Like To Lead?

Think about the kind of lifestyle you would like to lead. Do you want to go on cruises and treat your grandchildren? Do you want to live a modest life? The more luxury you plan on enjoying during retirement, the more money you will undoubtedly need. Having more is always better than having less regardless, so figure out the amount you will need, write it down, and come up with a plan to work towards it now.

Will you live in the same house you live in now? Do you want to live abroad and buy a condo? Make sure you consider where you want to be and where you picture your life during your retirement years. Your plans might change at some point, so consider whether this is likely. If it is, then you’ll want to make sure you have enough money for every eventuality.

  1. How Can You Start Working Towards Your Financial Goals Now?

There are going to be plenty of ways you can start working towards your financial goals now. You can start taking baby steps, but the sooner you start, the better. You could start by:

  • Opening a high-interest savings account
  • Making small investments
  • Looking into property investments
  • Improving your credit rating
  • Paying off debts
  • Finding streams of passive income

Research the above options and see what you can do. It might seem overwhelming to you right now, but as long as you take your time and take one step at a time, you’ll be heading in the right direction. Don’t let fear paralyze you!

  1. Do You Think You Will Need Help?

There is a possibility that you may need help in your old age. People don’t usually like to consider this, but it could happen. You may need to hire people to make lunch for you, clean, and put you to bed if you’re not too mobile. The best thing you can do is start taking care of yourself now to avoid this, but you never quite know what the future holds. Having extra cash for something like this can help.

  1. Can You Clear Your Debts ASAP?

Clearing your debts as soon as possible means you’ll avoid paying extortionate interest rates and that you’ll have more money to put towards your retirement fund. It’s always a good idea to pay these off first, as interest rates are usually sky high – you can then focus on putting money into your retirement fund and watch that build up. If you can aggressively pay off your debts, do that sooner rather than later.

  1. How Will You Protect Your Loved Ones?

Figuring out how you’re going to protect your loved ones may also be important to you. What if you are no longer there to help them? Health and life insurance can be good options if you’re worried about how they will cope. The earlier on you get them, the cheaper they tend to be. Just make sure you compare policies and ensure they are right for you. Always check the small print, too.

  1. How Can You Improve Your Overall Financial Wellbeing?

As well as looking at ways to put money into your retirement fund, you should always look for ways to improve your financial wellbeing. Looking at your budget/finances every month or so will ensure you don’t let things slide or become complacent. Can you reduce your spending and stop lifestyle inflation in any way? Can you cancel some subscriptions and come up with alternatives? Avoid lifestyle inflation at all costs – it seems like the natural thing to do as you get older and make more money, but that money should be going towards retirement plans. Keeping things modest and simple will go a long way to helping you in future.

What else are you thinking about as you plan for retirement? Planning as early as possible is key to making sure you can live the future you want. Leave your thoughts below!

Business directory

 

Starting A Business In Financial Services: What Do You Need To Know?


Starting A Business In Financial Services: What Do You Need To Know?

Financial services businesses are very popular. The main reason behind this is that you’re providing an essential service. Not only that, but you’re providing a service for both individuals and companies. Furthermore, the various financial services you provide are extremely diverse. Some people need guidance, others require you to file their tax return, etc. It’s a vast industry that leaves many doors open for you to go down.

Plus, the startup costs are some of the lowest around. Someone in the financial services industry will rarely have to fold during the first year of business due to overspending. You can run a business like this from home, with almost no overhead costs to worry about.

Instantly, these are promising signs for anyone interested in this business idea. Of course, there are some concerns – don’t assume it will be plain sailing! If you do want to start a financial services business, then please be aware of the following:

Don’t take on too much at once

In the beginning, it’s tempting to offer as many services as possible. The logic is that, if you provide more services, you open yourself up to more customers. This makes sense, but the issue is that you’re a very young business. As a new company, you’ll find it hard to try and push all these services on your target market. It will probably cost too much money trying to market all of the different services as well. Not to mention the fact that you might not have enough time or resources to carry out all the tasks.

Instead, you should start with a more conservative approach. Identify your target market, then choose a small selection of services to focus on. As an example, you might identify business owners as your target market. Then, you may provide tax or bookkeeping services for them. Your offerings are clear and concise, and you can put all your effort into them.

When your company starts to grow, and your resources expand, then you can branch off into new service territories. This helps you expand your business at a natural rate. If you go all-in right at the start, then you take on far too much, too soon. This will only end in one way; your business closing down.

Security is your top concern

All businesses need to worry about security. If you have serious security concerns in your company, then you put yourself at risk. However, security issues are magnified in the financial services industry.

Why? Because you’re handling sensitive information all the time. Every single client will provide you with data and info that’s incredibly private. This includes their personal details – people tell you where they live, what they do, and so on. But it also includes financial information. You’ll probably have bank details for all of your clients stored on a device somewhere. If there’s a security breach, then someone can gain all of this information and use it to their advantage.

In today’s world, we’re both lucky and unlucky. We’re lucky that lots of excellent data security technology exist to help safeguard your business. We’re unlucky in that hackers have access to outstanding technology as well! This means that cyberattacks are increasing, which puts pressure on your company to protect your data.

Don’t let all of your client’s information be compromised. Make sure you set up a strict security protocol that keeps everything safe and secure. If you suffer an attack, and their financial information gets stolen, then that’s pretty much it for your business. A small company will struggle to recover from this. Your reputation will be soiled.

A good website is essential

It goes without saying that your financial services business must have a website. There are three key reasons for this:

  • It increases your brand visibility
  • It helps you gain customers
  • It improves your professional image

You need a place for people to go to learn about your company and what you offer. So, you must develop detailed service pages that tell people about your business products. What can you do for them? What services do you offer and how do they work? How will they benefit from choosing you over other companies?

Provide content that answers all of these questions for the user, convincing them that you’re the best choice. As a result, you can gain more customers.

The key behind everything is to provide a great user experience. When this happens, people stay on your site for longer. They’re more inclined to look around, and they’re impressed by how well your site looks and functions. This helps you gain more customers again, and it also boosts our professional image. You can find user testing tools for banking and finance companies that help you figure out how good the experience is on your website. Then, you can work on improving it for your users. In return, you see the benefits spoken about above, along with increased brand visibility. A great user experience improves your SEO, which helps you be seen by more people in search engines.

You should invest in the best software

You’ll remember that we spoke about a lack of overheads for financial businesses. Primarily, the only thing you will pay for – if you work from home – is the software you use every day. All financial services businesses rely on software to be productive and provide the best service to their clients.

It won’t take you long to realize that there are so many different software programs available. Some are better than others, and you should choose the best ones! They might cost more, but if they provide you with more features and let you complete tasks quicker and to a higher standard, then it’s worth the investment. Arm yourself with the right tools to make your business as good as it can be.

There’s no doubt that a business in this industry can be successful. The key is in how you plan things out. Hopefully, the points in this article have shown you some of the chief concerns to focus on as you build your business.

 

If You Have A Vision, You Must Communicate It To Your Employees


If You Have A Vision, You Must Communicate It To Your Employees

While many companies have fabulous “strategic visions,” comparatively few are successful in communicating them with their employees. Many executives see “mission” as their role, and their colleagues as people who just work in siloes, focusing on specific tasks. 

This approach, however, is not ideal for firms that want to create great brands. People in your organisation aren’t just cogs in the wheel – they’re active partners in bringing your mission to fruition.

The way you communicate with your employees, therefore, is essential. The more you can make them aware of your strategic vision, the more you can align their goals with your values, increasing job satisfaction and productivity. 

Currently, businesses are failing at this. As the data presented in the following infographic shows, the majority of workers are disengaged from their tasks and unable to see the point of what they’re doing. Not caring about the work that you’re doing has a knock-on effect on productivity which, when summed across an entire enterprise has enormous financial ramifications. Only around 8 per cent of employees report feeling “highly engaged” in the work that they do. 

So what can be done about this sorry state of affairs? Here, the following infographic can help. It charts some of the shocking statistics concerning worker disengagement and plots some of the strategies that companies can use to combat it. It also shows that communications need to be holistic. It is not enough to merely align your colleagues with your mission, but your shareholders and customers too. Read on to find out more. 


Infographic by University of Southern California

 

Incremental Funding Is The Best Route Startups


Incremental Funding Is The Best Route Startups

The best original ideas in business, have never gone from 0 to 100. They’ve always taken a quite linear line from a small unknown startup to a high-flying multinational company. If you’re one of the lucky people who knows and believes that you have an original idea, then you must take the same route. Thankfully, it’s been fleshed-out, and many of the ins and outs are well-known. If your idea is worth the money, investors will not hesitate to pour their own hard-earned money into it. You’ll also impress banks and various financial institutions, and they will come on the side to give you their bails of cash too. However, this can only happen if you give your idea an initial push. This inevitably means you’ll need to fund the first couple of years yourself and follow a plan of sustainable and consistent growth.

Betting your house on it

Look back throughout history, and you’ll find hundreds of thousands of people have all done the same thing. In order to give their business an initial push up the mountain of success, they’ve bet their house. So many people around the world, gain a massive boost in funds right at the beginning of their business, due to a secured loan. You might be asking, what is a secured loan? This type of loan hitches itself to an asset which is used as collateral should the payments not be made. This gives loan companies a lot of confidence and therefore, they’re more likely to give you a large loan. You could borrow five-figure loans or even six-figure loans. It all depends on the value of your home but usually, by putting it up as collateral, you could receive a loan up to 75-80% of the price. However, be forewarned, you must be prepared to accept the consequences should you not be able to make monthly payments. Make sure you have a plan that makes sense and has shown some kind of promise such as impressing potential investors at an industry event.

The second round

Hopefully, that initial large loan will last you a couple of years and help you to make real gains in product and or services development. After 2-3 years, your business should be showing signs of great reward and thus be ready to move onto the second stage of funding. Do a thorough inspection of the business’ performance. Every little detail matters. How many products do you sell, types, buyer demographics, locations, and what kind of customer feedback you received, etc. When you have compiled all the relevant facts and figures, you should make an investment opportunity report. For your second round of funding, target venture capital investment companies. By bringing your business to the public this way, you can net yourself a number of private investors. All kinds of people of varying wealth look to invest in businesses that show promise. Normal people with no investment background and professional investors alike will be taking a look at the opportunities you offer.

Industry partnerships

By now, your business will be around 4-5 years old. You’re still just a baby, but if you have shown consistent financial growth, then it’s time to join the other kids in the playground. Industry partnerships are an excellent way to bring about the third round of investment. This is one of the most crucial incremental stages of expansion as you’re working with another business. It’s entirely correct, to act as a lesser supplier and or provider for a larger business. Go around the world or nationally, to various industry events and look for someone to team up with or act as a sidekick. A large business usually has a handful of suppliers, whether it be for materials, accounting, logistics support, customer service professionals and or delivery. By offering your services and products to other businesses exclusively, you can become a part of a much larger entity for the time being. Using their vehicle, you can increase sales and public awareness.

Heading towards maturity

Congratulations, you’ve made it thus far. By now, you should be around 6-7 years of age. It’s been quite the journey but it’s about to get serious. At this stage, one of the best ways to achieve large-scale funding is to go public. An IPO is a fantastic way to gain rapid funding as millions of people have the opportunity to buy your stock. As more is learned about your business and the performance reports you release to the public are studied, more and more investment will trickle in.

Every large business you see arose due to incremental funding. If your business can show consistent growth as the years go by, you won’t have any problems moving from one round of funding to the next.

Extracurricular Experiences: Giving Our Children (And Us) A Wealth Of Education Outside The Class


Extracurricular Experiences: Giving Our Children (And Us) A Wealth Of Education Outside The Class

There’s a world of possibilities out there, and when we’re trying to make every day count for us as well as those that depend on us, we can undervalue the idea of education. If you’ve got children, perhaps you just send them to school and not think about it, but part of living our lives is ensuring that we expand our horizons. Whether you have got kids or you don’t particularly value the idea of education are there ways for you to get back into the swing of things and realising that there is a multitude of learning opportunities out there without sitting in a boring classroom?

Exploring The World

The world is our classroom! And with resources like NST, we can make sure that there is that opportunity to learn without putting our noses in books. You might not be someone who enjoys reading or finds it quite impossible to do because you’re so busy, but this is why exploring the world should be part of your your own extracurricular activities. We learn so much from exploring the world that it makes us appreciate what we’ve got.

Cultural Experiences

Even if you’re someone that doesn’t like the idea of getting on a plane, you can still get your fair share of culture right underneath your nose. Whether you have children or not, getting exposed to as many different social and artistic highlights as possible is a fantastic way to learn by osmosis. Because if you start to surround yourself with cultural expeditions, whether it’s going to the local zoo or watching a play in the West End, it’s a fantastic method to get out there and have more of an adventure. It’s a fantastic springboard to getting a new hobby or fuel a desire that becomes a lifelong passion.

Using The Internet For The Right Things

We use technology so much in today’s world that we’ve got instant access to information, but we need to use technology appropriately. We can learn so much from the web, but there’s an additional skill we all need to learn and that is filtering information so that it is from reputable sources. Because of apps like Duolingo, we are able to learn languages while on the go! This is a fantastic thing, of course, and when we start to use the internet for the right things, this can sharpen our desire to to learn the right things. Because we can tend to use the internet for social media and seemingly trivial things because of the wealth of information out there if we can start to use it for a little something that can benefit us we will see the improvement in our lives.

We can all benefit from a wealth of education outside the classroom environment. Whether you have got children that don’t seem to do well academically or you had a bad relationship with school, you can learn how to develop skills without the rigid structure of education. It’s important that we develop our knowledge outside of the classroom.

Four Ways To Improve Your Work Productivity


Four Ways To Improve Your Work Productivity

Work productivity levels can often change throughout the day and the working week. What you may find works for you, might not work for others and so when focusing on work productivity, it’s something that needs to be worked on individually. Here are four ways to improve your work productivity.

Mix Up Your Working Day

The reason why you lose your productivity is often that you’re doing something that you’re no longer enjoying. So within your workday, try to mix it up. Give yourself time away from your desk and from doing things that are taking up hours of your day. We can only concentrate at 100% for a certain amount of time and so it’s good to give ourselves a bit of appreciation for when we work hard. Try to keep your days varied, and you’ll likely find that you spend less time procrastinating and more time on things that matter. A more productive day will always put you in good stead for the rest of the working week.

Take Breaks

Breaks are essential, especially as working for hours on end will lead you to go a bit crazy. Everyone needs a break, whether that’s to make a cup of tea or to take a walk around the office. Whatever it is, make sure you’re taking regular breaks throughout your working day to distract your brain for a brief time and to help reset that productivity level. Taking breaks is also good for your health, and your workplace should have things like a display screen equipment employee risk assessment in place to help ensure your workstation is promoting a healthy environment.

Track Your Productive Levels

You’re going to have times in the day where your productivity levels drop. No one can constantly work at full steam all day, every day and so it’s a good idea to track those levels to see where in the day or working week that you get a drop in your work or where you slow down. These areas can then be monitored closely, and solutions can be trialled to see what will help you get back into that productive mindset. You can track your productivity levels through apps or plug-ins that you add to your phone or desktop. This way, you can let it run in the background while you work.

Have Quicker Meetings

Meetings can end up taking a lot of time and sometimes that can reduce the productivity levels and how much you get done. If meetings are going on for hours, you are potentially wasting precious time. Try to keep meetings to a bare minimum and when you do have them, set a timer to discuss everything in as quick a time as possible. The quicker you can get these out the way, the better.

Improving your productivity levels in work can take some time as you start to understand the ways you work. Focus on taking breaks, reducing the number of meetings you take and tracking those peaks and moments where you slow down.

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