Author: sme-admin

DeepL, a leading global Language AI company, has today unveiled two new languages in its AI writing assistant, DeepL Write. Initially released with support for English and German, Write now offers Spanish and French—bolstering its service with two more lingua francas critical to global business. The addition of Spanish and French is an exciting opportunity for global businesses to elevate their teams’ writing and communication—remaining consistent and on-brand, all while retaining their unique voice in the marketplace. “We hear time and time again that clear and effective written communication can be a problem for our customers in business, even in…

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OnHand founder Sanjay Lobo MBE will be the keynote speaker at an inaugural event at The Shard where emerging social enterprises will pitch to esteemed industry experts for a share of a £50,000 prize fund.  University students and recent graduates need to enter funding competition Ignite by 31st July to be in with a chance of securing not only cash but expert mentoring, networking opportunities and a bespoke post event support package. It’s been announced that the accomplished panel of judges overseeing the grand final on 3rd October will include:  Jack Ford of the Ford Family Foundation, which is launching Ignite in partnership with…

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Author: Tanya Channing, Chief People & Culture Officer at Pipedrive Diversity is of paramount importance to growing businesses. Ambitious SMEs are resource-hungry, leaning on the skills and engagement of a dedicated workforce to scale and beat market headwinds. With a people-first strategy, prioritising the drive and determination of a core team building the product or service, there needs to be real company cohesion backing them. However big the team is, both those on the ground floor in sales or product engineering, in the engine room of the business, and those leading at the top, need to collaborate effectively. Coding diversity…

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In the past week in the UK, there has been a +200% rise in people searching for ‘brain rot test’, according to Google Trends, a way to find out if they are suffering from a severe “state of mental fogginess and cognitive decline that results from excessive screen engagement” (as defined by the Newport Institute). It is unsurprising, as brain rot has become the go-to term for feeling digitally burnt out. In no other industry is this more apparent than digital marketing, which can drain professional performance and creativity at the best of times. What are the signs of brain…

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Kent businessman Chris Maslin, a seasoned entrepreneur known for his success in building service-based businesses, concludes another academic year of supporting Bethany School’s Young Enterprise initiative. Chris started his own accountancy firm, Maslins, in 2009, and opted to start to exit via an employee ownership trust. When he took a step back from the business in 2021, he transferred most of the company’s shares to that trust. Finding the outcome very satisfying, he went on to establish Go EO, which exists to help other businesses transition to become EO organisations. In 2016, motivated initially by peers already involved in the…

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With an increasing reliance on technology, the protection of sensitive data and digital assets has become paramount for businesses of all sizes. The UK Government’s Cyber Security Breaches Survey 2023 estimates there were 2.39 million instances of cybercrime affecting UK businesses in the prior 12 months – and for small businesses, navigating the complex landscape of cyber threats can be daunting and confusing. It’s never been more important for business owners to understand the laws and regulations, and how to mitigate against potential risks. Rob Rees, Divisional Director at Markel Direct, explains the regulatory requirements for businesses when it comes to…

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As labour, services, and material costs rise, many businesses are seeking ways to reduce expenses in 2024. Each month, an average of 7,520 online searches on Google are made for terms related to cost-cutting in business, such as “How to cut costs in business?” and “Business cost-cutting strategies”. A recent SME insights report by Dojo, who specialise in payments for enterprise and independent businesses, sheds light on the challenges faced by UK small and medium-sized enterprises. Dojo surveyed 1,001 SME owners, revealing the seven most common cost-cutting measures that businesses have implemented this year, as well as the industries that are focusing…

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Historically, drinking alcohol has become synonymous with workplace events, and whilst this is an additional benefit for some, it’s important to understand the role that alcohol-free team building events have on inclusivity in the workplace. For some employees, this can present a social pressure to fit in and be ‘part of the team’, so alternative events must be considered. Anna Humphries, Product Development Manager at Bear Grylls Survival Academy believes outdoor team building activities are an effective solution for bringing your team together without the aid of alcohol. Inclusive participation A study from Drink Aware found that people working in the private sector are…

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According to one of the country’s leading global logistics providers catering for SMEs, Aramex, small and medium-sized businesses in the UK are increasingly turning to international markets to seek out new growth opportunities despite ongoing economic uncertainty. The prospect to diversify revenue streams in new and emerging markets is indeed becoming an attractive option for UK businesses, with HSBC estimating last year that around 450,000 brands have ambitions to seize international opportunities. While international trading has the potential to open doors to new dimensions of possibility and enhanced growth, the pathway to global expansion can also be fraught with complex…

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 If you use ChatGPT, or other AI tools, for work related tasks, does your boss know? If you answered “No”, you’re not alone. Seven out of ten professionals (68 per cent) using AI at work are doing it secretly, according to a survey by communication platform, Fishbowl. Don’t force your staff to do the same, says Iain Simmons at corporate legal services provider, Arbor Law. Instead, develop an AI use policy.  The potential impact of AI on our lives is one of the most discussed and debated topics of our time.  Since November 2022, and the launch of ChatGPT, the…

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