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Copyright © 2008 Entelliz Limited 
   Newsletter

                                              Week 38, 2008






STOP PRESS......
 

New route for private companies to reduce share capital From 1 October 2008
Private companies will be able to use a new solvency statement route to reduce share capital by a new solvency statement route that will not require court involvement.  Under the new procedure a company will have power to reduce its share capital by the company passing a special resolution to reduce the share capital and by the directors making a statement of solvency.
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TIP OF THE WEEK
How to make environmental issues into competitive advantage

Start by conducting a lifecycle analyses of your products: cradle-to-grave examinations of your products' environmental impacts, from sourcing, manufacturing, and distribution to product use and disposal will help you identify new areas for improvement that benefit the environment as well as the customers.  Then make your R&D function, a core driver of the innovation that's critical for staying ahead in any changing market also focus on finding new, greeenr solutions to meet both the ethical and use requirements of your customers.
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ARTICLE OF THE WEEK
Unexpected problems when hiring from outside
If you have a strong culture and a clear strategy in doing things in ways that differ from your competitor, you need to think carefully about whether to hire people from within your own industry for experience or invest in training people, who are new to the industry, in your model.
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NEWSFLAS OF THE WEEK
Self-employed professionals remain confident about economy
In a recent survey of home-based professionals by the insurer RSA, 29% of respondents described current trading conditions as positive and an additional 38% described conditions as average or no different to normal.
When asked about the prospects for their businesses during this economic downturn, one third (34%) of respondents felt that they will be able to grow or maintain their level of business in the next year. Only 8% of businesses thought that business will slow down.  Over three quarters of the respondents also said that they would feel confident about start up a business now.
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Event of the week
Growing Your Own Business
When:  3-4 October 2008
Where: NEC, Birmingham
Cost:   free
This is your opportunity to speak with small business advisors, gain SME support, acquire business information, source new suppliers, learn from the business leaders, network with your peers and find out how best to grow or start your business.  Click here to register.
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