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7 Style Tips for Mixing and Matching Prints

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One of the best things about fashion is the limitless possibilities it offers when it comes to self-expression. Clothes and accessories come in a variety of designs that allow people to showcase their individuality in creative ways. A primary example of this is patterned or printed clothing, which are wardrobe staples for many of the most discerning fashion designers and dressers.

That being said, you might be hesitant to wear prints for fear that they’ll be visually overwhelming and difficult to match with other wardrobe pieces. However, these are issues that can easily be prevented with a little bit of know-how. By combining printed pieces correctly, you can easily create chic, lively, and sophisticated outfits. 

How to Start Incorporating Prints into Your Outfits

You don’t need to commit to an all-print ensemble when you’re first starting out. For example, you can try incorporating smaller patterned pieces into your outfits. Printed accessories and shoes can add some flair without being too bold or conspicuous.

Once you’re more comfortable with wearing prints, try mixing and matching clothes in various patterns. Experiment with different print sizes, shapes, and colors to find appealing combinations. If you need some help in getting started, below are seven basic tips for wearing patterned clothes with style:

Balance Prints with Solid Colors

Balance is an important element in fashion. It ensures that the different characteristics of each clothing piece work together to create a visually pleasing ensemble. Keeping this in mind, it helps to pair your printed pieces with solid-colored ones. This adds some much-needed contrast and creates a more cohesive look. It also prevents patterns from clashing or overpowering each other.

When choosing solid colors, you can’t go wrong with neutral shades. Colors like black, white, gray, navy, beige, and brown pair well with almost everything. For example, you can pair an oversized gingham button-down with black cotton leggings. You can also wear a navy jacket or blazer over a red, striped t-shirt. This way, your outfit can still look fresh and exciting without being too loud.

Familiarize Yourself with Classic Prints

It’s always good to return to the basics, especially when it comes to mixing different prints. There are certain tried-and-tested patterns that every fashionista should have in their closet. These classic prints are not only versatile, but also easy to pair with other patterns:

Stripes

Stripes go well with almost every kind of print, so much so that they’re often considered to be neutrals in the fashion world. Indeed, mixing striped clothes with other printed pieces is practically foolproof. This makes them particularly great for beginners who are just starting to incorporate patterns into their ensembles. Consider striped tops, bottoms, and dresses as the basic building blocks of your outfits. Try pairing them with bolder prints—like geometric shapes or illustrated animals—for a balanced and modern look.

Polka Dots

Polka dots are another classic pattern that should definitely be incorporated into your wardrobe. They’re usually composed of repeating circles or dots of the same size. Clothes with smaller polka dots are neutral and understated, much like striped clothing. On the other hand, clothes with bigger circles or dots tend to be a little more eye-catching. Hence, they make great statement pieces for your ensembles.

Florals

Floral patterns are perfect for the spring and summer. They come in all kinds of designs that showcase different flowers, which means that you’ll never run out of options to choose from. Floral prints can also be multi-colored or monochromatic. Their diverse designs make them very versatile and fun to play around with when mixing patterns.

Match Different Prints by Color or Tone

One of the keys to achieving beautiful print combinations is pairing patterns with similar tones or colors. This creates a unified or put-together look, even if the two patterns are distinctly different. You can accomplish this in a number of ways. For instance, you can pair prints based on one shared color. If you have a pair of pants with a white and green flower pattern, you can pair them with a green paisley top.

Alternatively, colors need not be exactly the same. Instead, you can pair prints based on their overall tone. For example, you can pair a black floral top with brown checkered pants. Or you can match a striped, light blue blazer with a pinstriped, powder pink skirt.

Mix Similar Prints in Different Colors

You can also match similar prints in different colors for a coordinated, one-piece look. For example, you can combine a red and white gingham blouse with a pair of blue and white gingham shorts. You can also mix clothes with the same patterns in inverse colors. For instance, a tank top with white stripes on black fabric can be paired with pants that have black stripes on white fabric.

Combine Patterns of Different Sizes or Scales

It helps to mix clothes with patterns on different scales, as it provides more structure and balance to your outfits. This usually involves pairing a small-scale print with a large-scale one. For example, you can wear a sweater with big circular patterns over a long skirt with tiny polka-dots. Or you can pair a red floral dress with a cardigan that has large, thick stripes. Do coordinate the colors of your clothes to ensure that these contrasting patterns look cohesive.

Use Textured Fabrics as Prints

While it might not seem like it, textured fabrics can also be worn as prints. After all, different materials can create interesting patterns or visual effects. Clothing made from leather, tweed, denim, and lace are perfect examples of this. On that note, try pairing patterned pieces with textured ones to create stunning outfit combinations. For instance, you can pair a black leather miniskirt with a herringbone blouse. You can also wear a wool cardigan over an intricate lace top and floral trousers.

Pair Your Prints with Bold Accessories and Footwear

Remember, you’re not limited to clothing pieces when you’re incorporating prints into your outfits. Statement accessories and footwear also play a big role in creating chic outfits that are sure to grab people’s attention.

For example, patterned shoes, bags, and scarves can certainly spice up an outfit. You can complement a black checkered skirt with a white checkered clutch, or pair a pink floral maxi dress with blue floral heels. You can also wear solid-colored belts to break up patterned pieces. For instance, a black belt worn between a striped blouse and a leopard print skirt can create a posh and put-together look.

Feel free to incorporate jewelry into your outfit as well. If your ensemble is already eye-catching, try wearing simpler pieces, like pearl earrings or thin gold necklaces. Likewise, if your prints are quite understated, feel free to add bolder jewelry. For instance, a chunky beaded necklace can be worn with a lace blouse and a red polka dot skirt.

Looking good in patterned clothing is all about balancing, contrasting, and complementing the different design elements in your ensemble. These include the colors, shapes, and print sizes of each garment. While this may take some time and experimentation, you’ll soon find that it’s well worth the effort. By following the tips mentioned above, you’ll be able to wear all kinds of exciting prints with confidence and poise.

6 Financial Pitfalls Small Businesses Should Avoid

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Running a small business successfully is no easy feat. As a small business owner, you have to look after every aspect of your business, from hiring employees to marketing to managing finances. For starting a business, a brilliant idea and passion are, no doubt, the significant factors that determine its success; but these are not enough. Another crucial thing for a business’s success is managing finances properly.

According to the U.S. Bureau of Labor Statistics, 20% of small businesses shut down within the first year, while almost 45% fail in the first five years. While there are different reasons behind this shutting down, the biggest problem is financial issues.

When it comes to finances, you need to tread very carefully. Most business owners make financial mistakes that lead to losing profits at best or closing down the business at worst.

If you are a small business owner and you want to avoid financial pitfalls, here are six things to consider.

  • Not Hiring Financial Professionals:

To avoid financial pitfalls, one must be able to detect them early on. Thus, to manage your business’s finances, you need a finance expert. Many business owners ignore this factor and take the responsibility of managing finances themselves. But being the owner does not mean you can, or you should, do everything.

Since you obviously cannot be an expert in everything, it is better to hire a finance professional for your business. It is imperative to hire the right person, though. Look thoroughly at the qualifications of the candidate you want to hire. A candidate with extra credentials, aside from a degree in finance, like different certifications, is ideal. If a candidate has certifications from a reputable platform, such as Wiley Efficient Learning, they will serve as the perfect financial expert for you.

  • Insufficient Cash Flow:

Whether you are about to start your business venture or have been in business for years, cash flow is the ultimate determinant of your business’s success. Some cash is enough to start a business, but consistent cash flow is necessary to keep the business running. If you don’t have sufficient cash reserves to maintain a good cash flow, it will cause many hindrances for you.

Cash flow refers to the cash going out of and coming into the business. So if the cash outflow is more than the inflow, you have some financial troubles right around the corner. You need to boost cash flow by better managing your accounts’ receivable balances, limiting the number of customers you offer credit to, managing your inventory, etc.

Run a weekly cash flow statement to assess your purchases, sales, the money you owe, and the money owed to you so you will have a clear picture of where your business is standing in terms of cash flow.

  • Combining Business and Personal Finances:

Most small business owners fail to separate their personal and business finances, which leads to several financial complications. It causes several monetary complications, like measuring profit, balancing accounts, filing taxes, or even setting clear financial goals for your business.

It’s reported that more than one-quarter of small businesses have no segregated accounts for business purposes, and 23% of the businesses revealed that mixing business and personal finances is a major issue they

face.

To deal with all business-related activities, ensure to open up a separate business account. This way, you will have a separate business credit card, and you will be able to easily trace your business-related cash flow. Your business-related items will be accessible and organized in one place.

Moreover, when it comes to auditing, whether there is a government auditor involved or an internal audit team, combined personal and business expenses are a big red flag.

  • Unnecessary Big Purchases:

You want your dream office to have all the latest equipment, furniture, and technology, but be objective and ask yourself if you can afford this all. Sure, these are the utmost necessary things, but how about some less expensive alternatives?

Make a budget and stick to it. Don’t overspend on things you do not even need, especially in the beginning, when your business is just taking off and you have limited resources. These luxuries are the ones you get when you earn enough profit to buy them. Rent a few things, or ask friends or family who might not be using something, like furniture, for example, or get some second-hand things.

  • Unforeseen Expenses:

Life is full of uncertainties, and any unpredictable expenditure can shake the ground of your business. You need to have an emergency fund for the rainy days. The pandemic was a great reminder of how crucial it is to save for any unexpected events. As already discussed, the importance of cash flow and unexpected expenses can hinder this flow.

Save from your earnings whatever you can in the beginning and gradually increase your saving ratio. Here again, keep in mind to have separate savings accounts for your business and personal life. Experts recommend saving up to three months’ worth of expenses or six months’ worth if you earn more.

Saving will not only help your business in case of a financial emergency, but it can also help you reach your goals. When you need money for, say, a new product launch, and you have enough money in savings, you can use it instead of borrowing or taking loans and getting into cycles of debt.

  • Tax Compliance:

A private business has a lot of different taxes to pay and regulations to comply with. In a small business, whether it is a partnership, sole proprietorship, or small corporation, you need to pay tax on your profits. This is no surprise; everybody knows that. But the mistake most small business owners make is not tracking expenses properly, which can make them eligible for reductions in taxes.

It’s reported that 85% of small businesses overpay their taxes, while some fail to comply and underpay their taxes. Both situations harm the company’s finances as these require a lot of time, effort, energy, and money to work through.

Always ensure your business complies with the rules and regulations, and seek professional assistance if necessary. Studies show that more than taxes, not complying with the rules costs businesses more money. Also, always pay taxes on time to avoid paying a late fee or fines.

Conclusion:

Some mistakes are unavoidable when you run a small business, but carelessness in handling finances can make or break a business. Large businesses have enough backup to cover some financial mistakes, but the chances are few when it comes to small businesses. How you handle your business’s finances paves the path to success. Here are six mistakes you must avoid to keep your business afloat.

Tips for Choosing the Best Laptops for Esports

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Your chosen laptop will likely be a major investment regardless of your gaming preferences. You want the best performance possible and don’t want to go into debt over it. When buying a new laptop for esports, things are even more important as there is little margin for error. This can make choosing one of the best laptops for esports tricky and frustrating if you don’t know what to look out for. In this article, we will discuss tips for choosing the best laptops for esports.

Consider the Screen Size

The screen size of a laptop is an important factor to consider when buying a new laptop for esports. It’s important to keep in mind that most players will be using their computers for gaming, so you must get a laptop with a large enough screen size. The ideal screen size for most gamers is 15-20 inches, but some players prefer 17-18 inches of screen space.

Determine the Right CPU for Your Needs

It’s important to select the right processor for your needs and budget and your preferred graphics card (GPU). Some CPUs have been designed specifically for esports, while others are more suitable for high-end gaming or casual use. The best way to know what type of processor your laptop has is by looking at its specifications, but you can also ask the retailer or manufacturer directly if they have any advice or Recommendation on which CPU is best suited for your needs and budget.

Match Your Gpu to Your Needs

Many people don’t realize that gaming laptops are different from regular laptops in terms of performance and features. They have a much more powerful GPU but also cost more money and power, so you’ll need to decide how much power you want to buy in a laptop.

You can get better gaming performance by upgrading your laptop’s GPU (graphics processing unit), but it’s not always an option. If you’re going to upgrade your graphics card anyway, then go ahead and do it! It’s worth it for the extra performance boost you’ll get from doing so. But if you don’t want to spend the money on an upgrade, then don’t worry about it too much because most modern laptops will work just fine with their current GPUs unless you really want the fastest gaming experience possible from your laptop.

Pick the Right Amount of Ram

The amount of RAM on your computer directly impacts how well it runs and performs in-game. To run games at high settings and enjoy smooth performance, your computer must have 16GB of Ram or more. Note: Some games may require more than 16GB of Ram if they require more than 8GB of VRAM (Video RAM).

Choose a Storage Solution That Works for You.

Laptops are great for editing video and audio, but they’re not ideal for storing large files or transferring them to other devices. You’ll need an external hard drive or flash drive to plug into your laptop’s USB port. But if you’re doing more editing work, it’s worth investing in a desktop computer, which can store more media and run more powerful software.

Make Sure the Battery Lasts Long Enough

One of the most frustrating things about gaming laptops is how quickly their batteries die. It’s not unusual for a gaming laptop to last less than two hours on a single charge — even when running on battery power alone (without turning on its internal components). For some people, this isn’t an issue at all. But if you plan on playing games often or travelling with your laptop, it could become a problem quickly if your build quality isn’t up to par with your expectations or if you don’t take proper care of it.

Wrapping Up

Whether you’re an aspiring gamer or a pro looking to find the best gaming laptop under your budget, know that you can find the right machine—and if you need help finding that perfect model, don’t be afraid to ask for help! With these pointers in mind, you should have a clearer picture of what you need and how much to pay. But above all else, remember this: your model is only as good as your skill at playing games on it. In other words: just because your gaming laptop has a dedicated graphics card or an ultra-fast processor doesn’t mean a thing if you don’t know what you’re doing.

How to Lower the Price of Your Home

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If your home has been on the market for quite awhile without selling, it may seem as if you have no choice but to drop the asking price. You may find that your estate agent will suggest this move if they are no longer confident in your asking price, or if they’ve run out of ideas or motivation.

Is dropping the asking price on your home really the best answer for selling it quickly?

For some property owners, lowering the asking price may be able to generate additional interest from buyers who may otherwise have been unable to afford the property. If you must move urgently, or if you are facing repossession, you may also have no other choice but to lower the price on your property in order to sell it quickly.

However, if you own a premium home, dropping the price may not be the best answer, and it may actually hurt your chances of selling your home in the most effective manner.

I’ve put together a list of dos and don’ts for lowering your asking price, so that you can get the best result possible as you sell your home and move forward with your life. I followed these when I was looking to value my house and you can too.

Don’t drop your asking price by less than ten percent.

Otherwise, you won’t be noticed by enough new buyers for it to really matter. Home buyers usually shop for homes that are around ten percent above and below their current budget, so you’ll need to adjust your price out of this range in order to get noticed by a new set of buyers.

Do speak to your agent about why you need to reduce the price.

You originally had your property valued based on research by an industry expert. What has changed since this value judgement was made? It’s important to fully understand why the demand for properties like yours has changed, so that you can make the correct decision about whether to reduce the price or to continue at the current rate.

Don’t continually make small drops in price.

Price drops can create suspicion with buyers, as they may wonder what is wrong with your property. Why is the asking price lowered? Buyers may not want to risk purchasing a property that seems to be continually falling in value. Each price drop may signify red flags to buyers, so it’s important to make a big impactful drop, but to only make one.

Do make sure to stay within standard price banding.

Keeping within standard price brandings that are used by online listing sites will help make sure that it’s easy to list your property online.

Don’t try to break the price ceiling for your local area.

This makes potential buyers jittery, but it will also make your surveyor nervous. Unless there’s absolutely no way to avoid it, try to price your house at less than the highest priced home for sale in your local area.

Do ask your agent the right questions before you actually drop the price on your home.

If you’re feeling pressured by your agent to reduce the price, or if you have a deadline to move hanging over your head and you cannot afford to drop the price, ask what else you can do to secure a sale, besides lowering your asking price. Have an overview with them, and critically review your marketing efforts. Can you improve your overall marketing? Can you take a new drone picture or twilight image that will show your home in an entirely new light and generate new interest from potential buyers?

Do not give your buyers a reason to make a lower offer.

Be sure that your home is beautifully presented, and that every room is as attractive as possible, otherwise you are quite literally leaving money on the bargaining table. Staging your home correctly can add thousands to your asking price, and making a few small changes will dramatically improve your chances of getting an offer.

Give yourself room to negotiate – but not too much.

You can generally expect to achieve about 95% of your asking price, but will lose about 5% in negotiations with your buyer on average. This will depend on numerous other factors, such as how fast the local market changes, your confidence in negotiations, the state of the housing market locally, and how long your house is on the market.

Don’t neglect to analyze your price per square foot, as this is one of the best ways to value your home.

It’s far more accurate to calculate the value of your house this way than by using most other methods. Your agent should have already done this for you, but if they haven’t, make a spreadsheet of other properties locally for sale and that have sold recently in your area. Calculate the price per square foot of each property and then compare it to your home.

If your house hasn’t sold yet and you’re wondering if it’s just the asking price to blame, utilize the dos and don’ts in the article as an easy checklist to see if you’ve taken all of the steps you can to get your house sold for the best rate. If your price per square foot is correct, and you aren’t trying to break the price ceiling in your area, if your marketing is up to date and your home is presented beautifully, you may just have to wait the market out and have confidence in the rate that you are asking. If you don’t have confidence in the price that you want for your home, no one else will either.

World-leading quality management accreditation for specialist cleaning company

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A LEADING cleaning company has reaffirmed its commitment to providing high quality management practices by gaining world-coveted certification.

Just over one million companies and organisations across the globe have attained the highly regarded ISO 9001 status which proves the recipients have a strong customer focus, their management team are motivated and there is a strong desire for continual improvement.

Hy5 Commercial Cleaning, which operates throughout the UK, has become the latest company to join the select list of elite businesses which can demonstrate a consistent approach to its work, high quality products and services and excellent customer service.

The ISO 9001 accreditation strengthens Hy5’s ongoing commitment to strive for the highest standards following on from being re-accredited CHAS Elite status – the highest level of accreditation awarded by the UK’s number one provider of compliance certification – and being one of only a handful of cleaning companies nationwide to have industry recommended BESCA Vent Hygiene Elite status.

Keith Simm, the Managing Director of Hy5, said: “We always strive for the highest standards across all sectors of the business, and achieving ISO 9001 status proves that we are doing things right.

“It’s important to let our clients and prospective clients know that we take quality management practices, and measures such as health and safety and customer service, very seriously and this accreditation will help us stand out from the crowd.

“Having ISO 9001 status will help open doors for our business too as it instantly marks us out as a company which adopts the most professional standards and we devote a lot of time into making sure all our policies are in place to look after our customers.”

To acquire ISO 9001 accreditation, businesses and organisations need to show they achieve the highest levels in each of seven quality management principles.

Those are: Customer focus; Leadership; Engagement of people; Process approach; Improvement; Evidence-based decision making; Relationship management.

Keith said: “There has been a lot of hard work in the application process to make sure we meet the highest criteria across all sectors, but it has all paid off by achieving the status.

“It’s thanks to the excellent assistance and support from the team for making sure the process was as smooth as possible.”

Hy5 Commercial Cleaning is one of only a handful of firms in the UK with industry standard BESCA Vent Hygiene Elite (VHE) accreditation which has been introduced to ensure all ventilation systems in commercial kitchen settings are cleaned to the required TR19 level.

Photo: Hy5 Commercial Cleaning Managing Director Keith Simm.

Tackling a mental health epidemic: Joining the dots between construction, mental health and football

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A major new survey looking at mental health and wellbeing for construction workers on site is being launched this month by Causeway Technologies, a leading construction technology provider, in partnership with Everton in the Community (EitC).

The statistics around poor mental health in construction are stark: 

  • 1 in 4 construction workers contemplate suicide
  • Two construction workers take their own lives every working day
  • Suicide is the single biggest killer of men under 45. However, male site workers are three times more likely to commit suicide than the average male in the UK

This latest initiative aims to explore views about the role that technology could play in helping to improve wellbeing on construction sites while using the power of football to open up conversations.

Trevor Steven, Everton’s legendary midfielder and now Causeway’s mental health ambassador, said:

“We want to shine a spotlight on mental health issues in construction by working with Causeway, its major contractor clients and its partners across the whole of the construction supply chain.

“We understand that there can be a stigma around mental health, and it can be hard for men to open up about their struggles. We believe that football offers a route in. It is a sport that brings people together, and we know from EitC’s previous work that club loyalty helps people to open up. If successful, we believe that this could provide a blueprint that others within sport can follow to address this issue.

Trevor added that he believes the construction industry does have the capacity to change, despite the tragic statistics: 

“Just look at how much progress has been made in other areas of health and safety in the last few years. This change isn’t going to happen overnight with a single organisation – it demands a collaborative effort across the industry. We need to rally together as a whole in the name of change and that’s what we’re seeking to do with this campaign.”

Phil Brown, chief executive of Causeway, said:

“The construction industry struggles more than most with mental health issues. The stereotype is that it has a male-dominated workforce that does not ask for help when it comes to mental health.

“We feel we’re well placed as a technology provider to drive real change across the industry. We work across the entire construction supply chain and we believe that reach, and using the power of the football badge, can help us to connect the industry together and create real change.”

To take part and to enter the prize draw, go to: https://www.surveymonkey.co.uk/r/ZFX67TJ

Individual responses are anonymous and kept entirely confidential. 

In exchange for participation in the survey, Causeway is providing a free prize draw to win two tickets to the FA Community Shield on July 31st. To be considered for this prize entrants need to be received by 26th July 2022. The survey, and further prizes, will run through August 2022. 

Sustainable upgrades could boost property value by an average of £10,000

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Simon Bath, property expert and CEO of iPlace Global – the creators of Moveable – discusses the future of green homes and how this could add considerable value to your home

A new study from WWF and ScottishPower has revealed that homeowners can boost the value of their property by an average of £10,000 by simply making green upgrades to their home. With energy bills projected to top £3,000 this winter, consumers are increasingly looking for alternative options to reduce soaring costs. Now, new research from property concierge platform, Moveable, has found that over a third (36%) of homeowners are prioritising energy efficiency in their homes this year.

Moveable’s research also highlights that the new generation of homeowners have an increasing appetite for energy efficient homes. Just under a quarter (21%) of millennials (25-34 year olds) are even prepared to move homes on order to live more sustainably – this is a stark contrast to just 7% of 55-64 year olds. However, energy efficient upgrades can be costly; this hurdle was reflected in the study which found a staggering 45% of Brits want to make these upgrades, but find it too expensive without government support.

The energy crisis has highlighted the lack of energy efficient homes in Britain, with surging costs urging households around the nation to reduce consumption whenever possible. Residential properties are responsible for a fifth of the UK’s carbon emissions, prompting the government to announce that every home should have an EPC rating of C – or higher – by 2035 as part of their long-term plan to tackle climate change.

Currently, 30% of homes across England and Wales are still rated E, F or G. Whilst the easiest way to upgrade to a more energy-efficient home is to purchase a new-build home, adding various green upgrades could also significantly raise the value of your current property. According to WWF and ScottishPower, installing an air-source heat pump could increase your home value by £5,000-£8,000. Adding solar panels could increase it by around £1,350- £5,400, and implementing an electric vehicle (EV) charging point could add around £5,000. However, the costs of installing these products also prove to be a barrier for many households, with solar panels costing around £2,900-£6,700, EV charging points costing nearly £1,000, and heat pumps costing £7,000-£13,000 to install.

Key statistics:

  • 36% of Brits are prioritising energy efficiency in their homes this year
  • 45% of Brits want to make their home more energy efficient, however found it too expensive without government support
  • 22% of Brits want to make their home more energy efficient, but found it impossible because of complicated planning permissions
  • 23% of Brits haven’t taken any steps to make their home greener
  • 12% of Brits (21% for those aged 25-34) are planning to move in order find a more energy efficient home

Simon Bath, CEO of iPlace Global, the creators of Moveable, discusses the future of green homes and how this could add considerable value to your home:

“Energy security is at the forefront of everyone’s mind at the moment, and it’s really great to see that households are beginning to see the benefits of making green upgrades. Accelerating the roll-out of low-carbon technologies in the home is crucial to not only tackle climate change – but also reduce energy bills. Because of this, green homes are becoming increasingly popular for prospective buyers and movers, and will significantly boost the value of your property.

“Significant steps have been made this year in an attempt to help first-time buyers with getting onto the property ladder, including the removal of affordability tests, longer mortgage plans and the Right to Buy scheme. The same needs to be done for helping Brits make their home more environmentally friendly – the government needs to step in to ensure that these changes are affordable.

“With the roll-out of new-build homes taking a backseat, it is more important than ever to reduce – or subsidise – costs of installing green products. This could prove to be a significant step away from the country’s reliance on fossil fuels.”

Help To Buy Deadline: What To Do With Three Months To Go

Would-be homeowners have just over three months left to apply for the government’s Help to Buy scheme in order to make the deadline on October 31st.

With the clock ticking, the mortgage experts at money.co.uk have put together a guide explaining what prospective homeowners need to do to apply for the scheme, alongside a number of their top tips and tricks when it comes to saving for a mortgage.

Claire Flynn, mortgages expert at money.co.uk said: “The Help to Buy scheme is an equity loan intended to help first-time buyers purchase their first home. Successful applicants can borrow up to 20% of their property’s purchase price, interest-free for five years, rising to 40% for Londoners.

“The government recently announced that the scheme will be ending in March 2023, meaning first-time buyers only have until 6pm on October 31st to reserve a property and submit their application.

“Given the cost of living crisis and stretched finances for many, this could be seen as worrying news. However, if you start your application now you can still make the deadline.

“When applying, the first thing you need to do is check eligibility for the scheme. Applicants must be:

  • 18 or over
  • A first-time buyer
  • Able to afford the fees and interest payments

“It’s also worth noting that if you’re planning on living with a partner, regardless of your marital status, you must make a joint application.

“The next step is to check if your property is eligible. Your property must be a new-build, must not have previously been lived in, and needs to be sold by a registered Help to Buy homebuilder.

“There is also a maximum property purchase limit, which depends on your location, for example homes in the West Midlands are eligible up to a property value of £255,600, whereas in London this can be up to £600,000.

“You should also be aware that you will still need to make repayments on your equity loan once you’ve made your purchase. Plus, after the initial five years you will start paying interest.

“Once you’re confident in these steps, you need to contact your local Help to Buy agent.

“While the Help to Buy scheme can be a great way to reduce the pressure of your mortgage, you will still need to put down at least a 5% deposit on your property. Luckily, there are a few quick tricks you can do to help boost your deposit savings.

“When it comes to saving for a deposit, keep your savings in a separate account. The right account can boost your deposit fund because it will pay more interest if it has a higher rate.

“Options include regular savings accounts, which often have some of the highest interest rates as long as you pay in a set amount each month, and fixed rate savings accounts, which guarantee their interest rates for a period of three months to seven years. 

“Next, you need to work out how much you need to save in order to get on the ladder. A 10% deposit will give you a wide choice of mortgage providers, whereas a 5% mortgage means you can put down less money up front, but that the interest rate will be higher.

“Remember, when you’re saving to buy a property, your deposit isn’t the only large expense. Legal fees, mortgage fees, the cost of furnishing your home and more can add thousands on to the real-world cost of your property, so make sure you have some extra cash put aside beyond your deposit.

“To compare a range of mortgages from different providers, visit: https://www.money.co.uk/mortgages.”

IW Capital announces £2.65m second round investment in Impact Recycling

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UK households produce a staggering 26m tonnes of waste a year, of which 45% is recycled

IW Capital, a leading private equity house, has today announced a £2.65m second round investment in Impact Recycling, having initially backed the green-tech innovator with £2m in 2019. The most recent injection of capital is aimed at accelerating growth and finishing a new operational site in Bellshill, Glasgow. IW has now invested over £120m in UK SMEs, helping to drive business growth across the country whilst amassing a highly impressive and sector-agnostic portfolio. In 2020 alone, revenue from the recycling and waste management industry totalled £21.2bn – clearly illustrating the high-value potential in this sector.
 
Impact Recycling is an innovative UK-based company that has developed a breakthrough recycling technology, enabling previously difficult or impossible types of plastics to be recycled. The firm’s unique innovation bears a profound impact on reducing how much the nation wastes – this was over 222.2 million tonnes in 2018 – resulting in an unquestionably positive effect on the environment. Specifically, the technology separates the components of post-consumer, mixed plastic waste to recover two consistent streams of plastic; polyethylene (PE) and polypropylene (PP), each with over 98% purity.  
 
Underpinned by a ground-breaking proprietary technology, a unique system of water-based, density separation – a process known as BOSS (Baffled Oscillation Separation System) – improves the economics of plastic recycling for users and diverts significant quantities of PE and PP away from landfill and incineration. Waste is instead transformed through this process into a reusable form which is sold on to manufacturers who can repurpose it for goods or packaging. 
 
IW Capital’s initial 2019 investment into Impact Recycling was targeted at developing the BOSS technology and developing two sites in Newcastle, which are now successfully in operation. In addition to the total investment of £4.65m from IW Capital, Impact Recycling has also received significant grant funding, targeted at the development and completion of the new Glasgow site. Once completed, their new Bellshill hub is also expected to bring a number of new jobs to the area, whilst helping to drive the company’s highly impressive pace of growth. 
 
David Walsh, CEO of Impact Recycling, said: “In the time we have been working with IW Capital since 2019 we have come to know them as a trusted, reliable investor that have enabled us to expand our business and continue with our innovations in the plastic recycling sector. We look forward with confidence to a lasting relationship.”       
 
Luke Davis, CEO & Founder of IW Capital, added: “Having been onboard with Impact Recycling since 2019, it has been fantastic to watch their growth over the past three years – now boasting three sites across the UK. Given their recent success, we’re delighted to announce that we’ve invested a further £2m, which will contribute to the development of the new landmark site in Bellshill.
 
“With green technology and protecting the environment becoming some of the most important focuses for economies all over the world, we see real potential to help Impact Recycling grow and deliver much-needed services in the UK and potentially even further afield. We share their vision in terms of revolutionising the way we recycle and are very happy to be able to help on this exciting and rewarding journey.”

Founders suffering from burnout as global funding drops 23% in Q2

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In the absence of funding, business leaders are coming under increasing pressure to keep companies afloat

Chris Biggs, CEO and founder of consultancy and accounting company, Theta Global Advisors, discusses the external factors affecting the deals market and how to avoid founder burnout

Global funding for startups has fallen 23% since the first quarter of 2022 according to a report form CB Insights, with $108.5 billion invested over 7,651 deals. This is the largest quarterly percentage drop in deals in a decade, and the second largest drop in funding. The decline in funds is a rarity in the startup ecosystem, which has been propelled over the last decade by a booming economy, low interest rates, and people gravitating toward using more technology. Over this 10-year growth period for startups, quarterly funding only fell seven times. However, after a spate of rising interest rates, inflation, and uncertainty, tech companies and startup funding in general have taken a significant hit.

This is having a severe knock-on effect on the founders leading these companies, as they are meant to convey the picture of strength and stability for their employees. Chris Biggs, CEO and founder at consultancy and advisory, Theta Global Advisors, discusses the external factors affecting the startup ecosystem and the importance of implementing strategies to avoid founder burnout.

Landmark national research from Theta Global Advisors has unveiled that 34% of British business leaders cite a dire lack of support which is negatively affecting the day-to-day running of their company and resulting in burnout. This, mixed with a lack of capital to keep operations running smoothly, has the power to create a volatile and stressful environment for founders charged with promoting a picture of stability within their companies.

The stresses could entail clients dropping their services, budget cuts, and staff layoffs, affecting how the business runs day to day. Now more than ever, founders need to be able to rely on competent second tier management, which can often be the difference between a business that scales successfully and one that falls flat. This sentiment was echoed in Theta’s research, finding that 21% of British business owners state their business started successfully, but is now struggling to achieve growth, exacerbated by the quarterly plummet in funding.

However, there is a light at the end of the tunnel as the number of deals and funding actually haven’t dropped below 2020 numbers, highlighting the fact that 2021 was a record year for venture capital funding. The steep drop reported for Q2 this year was somewhat expected and is balanced out with the shock UK economic growth of 0.5% announced earlier this month. Director of Economic Statistics at the ONS, Darren Morgan, has stated the UK economy has “rebounded” largely across sectors such as construction, services, and manufacturing. Chris Biggs, CEO of accounting and consultancy firm, Theta Global Advisors, explains that the combination of a more positive outlook and company valuations that have plummeted, could provide a wealth of opportunities for deep-pocketed private investors and may outline a brighter future for founders, provided they have astute advisors in place and a plan of action.

 Chris Biggs, CEO and founder of Theta Global Advisors, comments on how the current economic outlook is affecting founders globally:

“There has been a drop in global funding for startups since the first quarter of 2022, and this will undoubtedly be playing on the minds of founders. A lot of firms are reliant on securing their next round of finance to stay afloat, so with investment becoming harder to come by, that will create some stressful situations for those leading these companies. 

“In many cases staff are let go and other resources slashed in order to extend the cash-flow runway, and that forces not only founders to work harder, but the remaining workforce too. It’s important that people talk about the dangers and signs of burnout during times such as these, as it will become more commonplace. 

 “I think along with the lack of funding – the main issue we’re seeing is founders creating a business because they’ve got an idea and a passion for a concept – which is what they are good at doing. But when that business comes under strain and so much of their time is spent managing the back office, they’ll find themselves burnt out with no time to focus on the strategic or ideas side of the business. I think to be able to scale up in times of adversity – for any size business – second-tier management is key. 
 
“I think CEOs should be the ones actually growing the strategic side of the business, if you’ve got a product, they should be the ones selling the product, if you’ve got a service, they should be the ones expanding, growing, and selling that service, but they shouldn’t be the ones worrying about how the back-office accounting goes. If you’re a founder, then you need to get the team around you, outsource or a mixture of both, to free up your time to do the stuff you need to do to grow the business.”

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