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The three basic skills behind innovation.
At Sheards we can provide businesses in the Huddersfield area with support and advice on a wide range of business issues. Here are some thoughts on business innovation...
It is often said that the driving force behind continuous improvement in a business is innovation.
Innovation requires three basic skills:
One of the most significant trends to emerge in the marketplace in recent years is that of increased time pressures combining with greater spending power among the working population. In other words, people are increasingly cash-rich, but time-poor.
Here are some examples of the way the retail sector has adapted to meet these new needs:
It is not difficult to see how these principles can be applied to other sectors - the key point is to stay in touch with your market and be flexible enough to adapt to its needs.
If you are in the Huddersfield area and are looking for support and help from experienced accountants and business advisers, contact Sheards.
21 Oct 2020
HMRC has urged businesses to make sure they are prepared for new customs and tax rules so that they can continue to trade with the EU from 1 January 2021.
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