Home Blog Page 28

Big Races In The Second Half Of The Year In The United Kingdom

There has already been a number of huge horse racing headlines in the United Kingdom throughout the first half of the year.

Rachel Blackmore became the first female jockey to win the Grand National, while Minella Indo completed the Irish domination at the Cheltenham Festival by taking the Gold Cup in a humbling four days for British-trained horses.

On the flat, Royal Ascot saw the return of racegoers, with the Queen in attendance to see Dream of Dreams win the Diamond Jubilee Stakes. But, which huge races do we have to look forward to in the second half of 2021?

St Leger

The oldest British Classic of the season is still to come in 2021, as the St Leger will be taking place at Doncaster in September. It will be the fifth and final Classic of the season, and horses will travel over the one mile and six-furlong distance looking to join greats such as Nijinsky, Never Say Die and Galtee More. The leading horse in the betting is currently Adayar for trainer Charlie Appleby.

The Godolphin owned horse was a surprise winner of the Epsom Derby in early June, with Adam Kirby on board, and will be looking to add another famous victory to his wins as a three-year-old this season. High Definition for Aidan O’Brien could be one of the leading contenders at Doncaster after bypassing the Epsom Derby. His last run came at York in the middle of May, as he was third behind Hurricane Lane. Wordsworth and Bolshoi Ballet could also be likely rivals for the St Leger.

Sussex Stakes

Before we get to the St Leger, there could be a hugely entertaining race in store at Goodwood, as the Sussex Stakes takes place at the end of July. There is set to be an A-list cast for the Group 1, which will see horses travel across a distance of one mile.

The leading name that many will be looking to bet on will be Palace Pier, who is highly regarded as one of the best horses in training over a mile in the world. He didn’t disappoint on the opening day at Royal Ascot, as he won the Group 1 Queen Anne Stakes by a length and a half from Lope Y Fernandez. Frankie Dettori will be back on board the four-year-old for this huge Goodwood date.

Poetic Flare produced possibly the best performances on the opening day of the royal meeting to win the Group 1 St James’s Palace Stakes by four and a quarter lengths, and will come up against Palace Pier at Goodwood. Meanwhile, St Mark’s Basilica will come into the Sussex Stakes after a huge Group 1 in France in June, and ensures it will be unmissable racing.

King George

By the time that the King George comes around on Boxing Day, all sights will once again be fixated on the upcoming Cheltenham Festival. It is the second most prestigious race on the National Hunt calendar behind the Cheltenham Gold Cup, as horses race over three miles. Kauto Star won this illustrious race on five occasions, and Frodon will be looking to become a very popular two-time winner in 2021 with Bryony Frost.

Paul Nicholls’ record in this race is staggering, as he has won the last three renewals. Frodon and Clan Des Obeaux will once again be his leading chances, as the last two winners look set to square off. Irish competition could come in the form of Ryanair winner Allaho, while Gold Cup runner-up A Plus Tard could also be involved in this blockbuster race.

If you live in the USA you can still bet on the British races online. Make sure you are in one of the states where horse race betting is legal, which includes Michigan, Pennsylvania and Indiana (https://www.twinspires.com/states/indiana).

Hope Macy releases Family Connect

Hope Macy, the authorised UK Fintech business, has released Family Connect which increases oversight for carers and supporters of those at risk from fraud and financial mismanagement.

YouGov has found that 1 in 6 people provide care for a family member, with, according to Cares UK, 6,000 new carers every day. Few are paid. Carers lack resources to provide adequate financial oversight for the people they care for. They often have to continue working and this leads to stress and exhaustion. As a result, the person receiving care often becomes a victim of fraud, makes financial mistakes or goes into debt. Power of attorney is a poor solution as it is expensive and inaccessible for many people. Banks have been unable to respond on their own to this growing national crisis which, according to Experian, costs UK individuals £6.8bn every year.

Technology has a part to play. Through Open Banking, Hope Macy has developed a financial platform for UK carers. Family Connect is targeted at carers of elderly parents, teenagers starting off in banking and those with additional needs such as autism and down’s syndrome. Open Banking can provide the services banks are unable to offer.

The Family Connect service provides carers with information about the financial health of the person they are caring for – the account holder. The service provides up to date information about bank transactions without giving the carer direct access to the account holder’s bank. Notifications are sent to the carer by email up to four times a day and details of the account holder’s spending are available on a browser or an app. Anomalies can be discussed with the account holder and early signs of fraud or financial errors can be detected by the carer.

Family Connect does not require a change in bank or special payment cards. It works with all UK banks. There is a monthly fee of £2.95 that enables a carer to gain the financial oversight needed to assist someone in their care. Family Connect saves carers’ time and gives them more opportunity to focus on the person they are caring for.

About Hope Macy

Hope Macy Ltd is a UK based FCA Authorised Payment Institution permitted to provide account information services to UK residents.

The company was founded in 2018 to offer an improved service to carers and account holders, in response to the opportunities provided by Open Banking.

The company has a restrictive data privacy policy and only uses data for the provision of Family Connect. It does not share or sell user data. Data is securely held in the UK.
About Family Connect

Family Connect is the name of the service from Hope Macy that provides notifications and account information to carers.

About Open Banking

The UK is a world leader in Open Banking. The Retail Banking Market Investigation Order 2017 requires banks to provide customer data, with the consent of the account holder, to other regulated entities that can provide new services. It means more competition and better services.

Source

How do Mortgage Lenders Work Out Affordability?

The mortgage process involves an essential part of determining the amount you can borrow. An affordability assessment is one of the crucial steps required to secure yourself a mortgage. It is designed to ensure that mortgage repayments can be made now and, in the future, if the interest rates rise. Affordability assessments are done to protect both yourself and the lender since you are engaging in a long-term commitment. An affordability check is a review of how much you earn and how much you spend as well as other regular payments. This can be daunting and thus you should consider getting the services of a professional such as a mortgage adviser.

What are your incomings?

This is the first step of the affordability assessment and it involves the lender checking how much you earn annually. For those who are employed, it means your last three payslips, your recent P60 and your last recent three bank statements. If you have any other source of income you are required to provide copies of proof. For those who are self-employed, they are required to facilitate three years of audited accounts from a chartered accountant, the last three months’ bank statements for your business and personal accountants. Also, tax computation from a chartered accountant is required, this scrutiny is to ensure you have a solid track record hence you will make your monthly repayments. 

What are your outgoings?

The lender will assess your regular and anticipated outgoings annually to see how much you can provide for mortgage payments. Your outgoings include bills, debts, travel costs, insurances, leisure, groceries, council tax and childcare or maintenance costs. Car finance agreements and personal loans are also reviewed and the outstanding balances you may have. The aim of determining your expenses by the lender is to allow them to find out if your monthly mortgage repayment will result in financial hardship.

Stress-testing your finances

This is finding out if you will still be able to finance your mortgage in the case of any circumstances or an increase in interest rates. Losing a job, life-changing events or prevention of working because of an illness are included in stress testing. This can deem time-consuming and tasking but they have been designed to ensure you can make your payments.

What to do to improve the outcome of your affordability check

To improve your chances of securing a mortgage and convince a mortgage adviser are few adjustments. They include:

Knowing your budget

Thoroughly know your budget so that you can convince the lender you can make the mortgage repayments. Review your bank statements and make a list of outgoings.

Documenting everything you spend on

Keep a detailed record of everything you spend on and this will give you an accurate estimate of your costs. The detailed record can make a lender consider your application.

Adjusting where necessary

Reduce non-essential spending before your make your application so that your bank statements will not be evidence of your spending.

The benefits of using a mortgage broker

They do the heavy lifting for you

A mortgage broker will do the hard work for you such as they will explore the market searching for lenders and will look into key factors that can affect the entire cost of your mortgage. 

They are on your side

An independent broker will have your best interest at heart. Since they work for you and not the lender, they will make more products accessible to you. They will give you various lenders to choose from and unbiased advice which results in a better mortgage for you.

A mortgage broker protects you

Your broker must protect you at all costs. When dealing with a broker you are insulated against harm and in case of any complaints you may seek compensation.

A mortgage broker is qualified and knowledgeable

A mortgage broker must be qualified to provide you with their services. Experienced brokers have contacts who will help make your mortgage application smooth and efficient. Brokers know what exactly the application process entails and will deliver your application without any delays.

Get in contact with an independent mortgage adviser to start an efficient, smooth and fast mortgage application.

Sales Geek Launch Free Sales Training App

UK based Sales Training specialists, Sales Geek have launched a free app aimed at changing how people consume training and learn essential sales skills. The Sales Geek App contains hundreds of hours of short training videos, searchable by topic and instantly accessible on a phone, tablet or laptop.

Sales Geek Founder and Chief Geek, Richards Few said,“For the first time sales professionals will have access to top level sales training for free. The Sales Geek App is essentially a sales trainer in your pocket, meaning you can access some key learning points or words of wisdom whenever or wherever you are. Imagine you are about call some potential clients and you want to brush up on some key closing techniques?

The Sales Geek App has you covered.”Alongside the training videos, sales professionals across the world have a forum within the app to share their knowledge, ask questions and collaborate. Additionally, there are dozens of podcasts with industry leaders in the app with more content being added all the time.Available to download for iPhone and Android users, there are thousands of members already onboard. Daniel Snape, Director at Convenzis Group is one such member:“

The Sales Geek app has been a revelation at Convenzis, There’s great fun and engaging resources available for free and easy access to the academy, which is the best sales training I have done in 15 years of sales. My team have all been using the new app, it has changed their view on sales and even the non-sales teams have used the app and found it has improved their skills and the way they approach their own role.”

Chief Geek Richard has been thrilled with the reception from early adopters of the app:

“I’m delighted by the launch of the Sales Geek App this month and the feedback we have received has blown me away. This is the fulfilment of a dream and the beginnings of a new, hugely exciting, journey. Our big audacious goal is to have a million active users of our app by the turn of the decade. That’s how we change the sales world, and how ‘sales’ is perceived outside the industry.

”The multi-award winning company, based in Lancashire, England, is one of only 20 training centres worldwide accredited by the Institute of Sales Management which gives its seal of approval to the quality of training on offer in the app by the Geek team.Chief Learning and Development Geek, Erik Pollitt explains,“Our training team have hundreds of years of sales experience between them and have been in the same position our Hub members are right now. Whether they are a junior interns, global sales directors, CEOs or a learning and development executives, there is something on the Sales Geek App for everyone. We have broken essential sales learning into bite-sized chunks so sales teams can learn without the need to remove them from their core, revenue generating work. Additionally to the App, organisations can bolt-on more formal bespoke training from the team via the Sales Geek Academy.”

The free Sales Geek App can now be downloaded via the Apple App store and Google Play for Android.

——————- END ——————-Notes for the EditorContact Details

For more information about the Sales Geek App and the company in general please contact in the first instance:

Graham Campbell: 07840 741 004graham@salesgeek.co.ukOffice: T: 01254 355 661Sales Geek,5th Floor,Geek Bunker,One Cathedral Square,Blackburn BB1 1FB

Contacts for Key Contributors

Daniel Snape, Director at Convenzis Group is available to verify his quote: daniel.snape@convenzis.co.ukRichard Fewrichard@salesgeek.co.ukErik Pollitterik@salesgeek.co.ukInstitute of Sales Managementhttps://the-aps.com/page/ISM

Feel free to download the app yourself. It’s free, forever.iPhone: https://apps.apple.com/gb/app/sales-geek/id1499471614Android: https://play.google.com/store/apps/details?id=com.salesgeek.app.android

ABOUT SALES GEEKSales Geek specialise in helping small to medium size businesses grow sales revenue. Most small businesses are started by determined people from non-sales backgrounds. Even with a fantastic product or service, the absence of a clear sales strategy to generate revenue will make growth a challenge.  Hiring a full time sales director is not financially viable in the early years of a business, but your company still requires the same skills and experience. This is where Sales Geek helps small businesses by providing the skills and experience your company needs. From a few hours a month, to a day-a-week Sales Geek can be your own in house Sales Director or Sales Trainer.  We offer expert advice on; business strategy, execution plan, ongoing coaching, and mentoring to guide you through your company’s growth journey. Sales Geek also provide a range of CPD accredited training courses that provide insight and motivation to small business owners and sales professionals alike. Sales Geek offer Franchise opportunities across the UK and beyond.Published on PRFIRE

Workwear Express Creates 100 Jobs in the North East

Workwear Express Creates 100 New Jobs in the North East as Sales Surge

Travel and hospitality workers reinvent themselves at the Durham workwear giant during the pandemic

(Durham, England – June 16, 2021) Workwear Express is recruiting an additional 100 staff on the back of a record year after partnering with St John Ambulance and Royal Voluntary Service to kit out COVID-19 vaccinators and volunteers. The personalised clothing and workwear giant has seen a 30 per cent increase in sales in the last 12 months whilst supporting some of the UK’s top brands through the Covid pandemic.

Workwear Express is the nation’s top supplier of personalised workwear, promotional clothing and PPE to the healthcare, industrial and hospitality sectors. The hiring spree comes after the company had already taken on more than 100 staff since last March, with many of the new recruits coming from the travel and hospitality sectors — industries that were clobbered during the pandemic.

The COVID-19 pandemic disrupted enterprise across the globe. Industries such as healthcare and home delivery services scrambled to adapt to the ever-changing circumstances, resulting in a booming market for personalised Workwear Express products. The Durham-based firm is expanding its 300-strong team in the UK to fulfil the demand.

Since the start of the pandemic, more than 300,000 St John Ambulance volunteers have rallied to offer their support in hospital wards, on ambulances and by working with the NHS to administer jabs for the vaccination programme.

In addition, every day, over 2,000 Steward Volunteers are needed to streamline the vaccination programme. The Royal Voluntary Service lends its assistance by guiding people at vaccination sites and performing other non-clinical tasks.

In contrast, the travel and hospitality industries experienced a dramatic slump as nations closed their borders, hotels shuttered their doors, and people were restricted to ordering take-out and eating at home. The workers in those sectors were some of the hardest hit during the pandemic and needed to think outside the box to survive. Due to their excellent customer service skills, those in the travel and hospitality industries turned out to be a good fit for Workwear Express, which gave them the opportunity to reinvent themselves.

Steven Curran, CEO of Workwear Express, said: “We are looking forward to onboarding our new recruits. One of our key strengths at Workwear Express is our unique insight into clients’ needs, coupled with offering the best people and innovative technology. We empower each and every one of our Workwear Express colleagues and treat them as individuals with fair compensation, generous benefits and a stimulating environment where they can thrive. We believe that when we care about our employees, they will apply the same level of care to our customers — here at Workwear Express, you’re not just starting a job, you’re starting a career.”

Andrew Ward, the Chairman, established Workwear Express in 1990 at the age of 17. The company has since mushroomed into the leading tech-based supplier of custom clothing in the UK. Workwear Express recently invested £3 million in a groundbreaking digital platform and website, launching one of the UK’s first progressive web apps in the sector to improve the customer experience and streamline the buying process.

Independently owned Workwear Express maintains a customer base of over 600,000 clients in multiple sectors across its e-commerce, corporate and international divisions, and serves businesses in more than 100 different countries. The firm aims to become Europe’s most successful customised workwear, PPE and promotional clothing provider, with an eye on international expansion, planning to launch in North America in 2021. Workwear Express celebrates 31 years of operation in 2021.

Source

Why outsourcing product compliance needs is a good idea for your business?

Understanding and staying on top of the myriad regulations that affect your company can drive you mad but failing to follow these regulations threatens your resources, your reputation, and your consumers and also may result in loss of access to a new market.

What is product compliance?

Regulatory product compliance is an integral part of any manufacturing and market access process. To be able to enter the market of any specific country companies must follow state, federal, and international laws and regulations relevant to its operations. The specific requirements can vary, depending on the industry and type of business.

Why product compliance matters?

Over the last years, the regulatory environment has dramatically changed. It touches every industry and has become an integral part of any business process. This creates the main bottleneck when today’s full compliance of your products is at risk. New standards appear and you have to adapt to the updates to keep your goods relevant. Otherwise, you put your business at risk beyond just fines but company reputation as well. That is why it is crucial for any manufacturing business to invest resources into product compliance.

How outsourcing can help?

As regulatory product compliance is such a big deal, companies have to take a comprehensive approach to creating an effective regulatory compliance program and dedicate internal resources to it. The role of a designated corporate compliance officer appears in many companies. This person’s main responsibilities are to stay at the cutting edge of the ever-evolving regulatory landscape and make the necessary compliance decisions.

Unfortunately, the biggest challenge for compliance is that it can be expensive and time-consuming. Large industry players need to create whole departments whose primary focus is the company’s regulatory compliance. However, in order to save money, many companies prefer to outsource these services to outstaff experts.

What are the benefits of outsourcing product compliance?

Outsourcing providers arrange full guidance to help companies understand and follow the laws and regulations that apply to them. They dedicate teams that are specialized in specific industries and business spheres. Moreover, they often have technical knowledge in a wide variety of areas and can serve as advisors in any tricky or complicated situations. Finally, outsourced compliance teams use expert-developed risk methodologies and professional tools, which can help companies understand industry standards and best practices in a specific industry.

To get a better understanding of the difference between these two approaches, check the table comparing outsource vs in-house compliance team below:

What does GMA Consult Group offer?

https://www.gma.trade/ offers its clients a virtual compliance team of dedicated specialists with proven expertise in worldwide regulations, compliance, certification, and conformity assessment. Having regulatory experts, project managers, account managers, finance and legal advisors on board, GMA Consult Group ensures compliance with ever-changing global regulatory requirements and leads all projects all the way. GMA’s team helps manufacturers to access any market hassle-free and without a need to search for specialized experts, dealing with local authorities or opening numerous offices worldwide.

With 1000+ successfully completed projects worldwide, GMA Consult Group is a reliable and trusted partner for many global institutions and largest TIC industry providers as well as product manufacturers.

Need your own guide to the world of certification and approvals? Don’t hesitate to contact us via mailto:info@gma.trade.

Source

ATO Ventures Launches Free, Step-by-Step Startup Program for Aspiring Entrepreneurs; $300K Investment

06/17/2021 San Juan:  ATO Ventures today announces the launch of a free business program designed to walk 100 aspiring entrepreneurs without prior business experience through the startup process, step-by-step. At the end of the eight week program, four teams will be offered pre-seed funding and invited to Puerto Rico, where the fund is based, for an all-expense-paid, pre-launch bootcamp. Submissions are open to founders worldwide through July 23, 2021.

First-time entrepreneurs need hand-holding; ATO Ventures steps up

While venture capital funding is at an all-time record high, first time entrepreneurs at the earliest stages of business development still struggle to find capital. While this is partly due to the contraction of micro funds that offer pre-seed funding, it is also true that these early founders often have not yet proven that their idea is investment worthy. For those just starting out, more guidance is needed on how to validate an idea before having the money to build it.

The new ATO Ventures program is a virtual incubator offered through Valid Startup, an interactive, online program developed by the fund’s Managing Partner, Jennifer Hopp. Structured as an extremely detailed checklist of ordered tasks, the Valid Startup program focuses on developing a “sell first, build after” mentality, whereby founders prove there is a viable market before developing the actual product. It enables cohort leaders, like ATO Ventures, to hold the entrepreneur’s hand throughout the process, in an efficient manner.

“There is a lot of information out there on lean startup models and what entrepreneurs should do, but there isn’t much information on exactly how to do it. First time entrepreneurs who do not have a business background are unlikely to know what terms like CAC and LTV mean, much less how to calculate them,” said Hopp. “We received 450 startup submissions during 2020; yet, we only found one pre-launch company that was actually ready for potential investment. Would-be entrepreneurs are skipping important steps.”

Valid Startup enables new entrepreneurship programs worldwide

The Valid Startup program helps address this problem and, as of today, is available to organizations and individuals who want to start entrepreneurship programs in their own communities. Such programs may include online incubators, college courses and business coaching services, among others. Each cohort leader is able to specify their own participation criteria, include add-ons such as mentoring sessions and set their own prices.

“By making it easy for others to launch startup programs designed for first-time, aspiring entrepreneurs, we create the opportunity to have a significant impact in emerging economies around the world,” said Hopp. “We see this first hand in Puerto Rico, where the startup scene is new, and many residents simply have not had access to the business tools and education needed to start a viable company.”

More information on starting a program can be found on the Valid Startup website or by writing to Hopp at “hello @ Hopp.vc.”

The ATO Ventures cohort offers $300K in pre-seed funding

As for the ATO Ventures “virtual incubator” cohort, it brings with it an opportunity to gain up to $300K in pre-seed and seed stage funding. Although the program is free of charge and does not require startups to give up any equity, it is a rigorous program that does require a significant time commitment. Hopp will hold weekly office hours, host a private chat room and connect founders with industry experts to help guide them through the process. Four participants selected for investment will convene in Puerto Rico in October to work and play with other entrepreneurs and the ATO Ventures team.

“Our goal is to find the next unicorn before it hatches. To do that without a crystal ball requires rolling up one’s sleeves and helping the entrepreneur make it happen,” suggests Hopp.

The deadline to submit to the ATO Ventures Virtual Incubator is July 23, 2021 11:59pm AST. Visit ATOventures.com/incubator for more information.

ATO Ventures

ATO Ventures is one of the first early stage venture capital firms in Puerto Rico. The fund backs pre-launch technology startups worldwide with a special focus on the USA and LATAM. ATO Ventures uses a Market Validation Testing (MVT) strategy to mitigate the risk of pre-seed investments by helping startups capture their first paying customers prior to launch.

Valid Startup

Valid Startup is an online, interactive program that guides aspiring entrepreneurs and early stage startup founders through the process of building a company, one step at a time. The program is now available as a platform for organizations and individuals who would like to start entrepreneurship programs such as incubators, college courses or business coaching services.

SOURCE

Cloud WMS software solutions for modern business

The evolution of the IT industry has led to a gradual shift from on-premises software to the cloud. Nowadays, modern companies are actively introducing innovative technologies for operation management in logistics, such as cloud warehouse management systems (WMS). It is necessary to speed up and automate logistics processes, simplifies the administration system and reduces costs. The use of professional software makes it possible to automate and remotely manage both all warehouse operations and the accounting infrastructure.

GoRamp has been successfully developing IT technologies since 2016, supplying WMS and TMS systems to the market. The company’s specialists emphasize the merits of a full-featured warehouse management system that automates all the main business processes: acceptance and placement of goods, their movement and packaging, order processing, document flow, employee control, etc. And also, note the advantages of implementing cloud solutions over installation software.

Advantages of a cloud-based WMS system

The main advantages of cloud solutions include:

  • quick launch of a WMS system without a complicated implementation process;
  • no financial costs associated with the initial purchase of a local system;
  • flexible monthly subscription: all payments are predictable;
  • the ability to stop using the system at any time without losing money;
  • quick addition or reduction the number of the system users;
  • viewing, control and adjustment of all logistics processes in one place;
  • every employee has access to accurate information at any time online.

This speeds up internal communication in the company and eliminates multiple mistakes.

Another advantage of using a WMS system is the ability to integrate it with other cloud programs of the company, TMS, for example. In addition, users can order customization and revision of the program by the specifics of running their business. On the GoRamp website, you have the option to sign up for a short online presentation with an experienced logistics expert, as well as get a free trial of the product.

Second-hand Laptop Site Notes Huge Sales and Traffic as Lockdown Persists and Work From Home Continues

A leading online used laptop store has seen traffic to its site soar and sales rise at a steady rate as the nation continues to work remotely throughout the lockdown.

The online destination Used-Laptops.co.uk is a one-stop store where customers can visit to both browse and buy and find out about the best methods and approaches for investing in used laptops. Offering up goods from leading brands including Apple, Dell and HP, the site is a popular choice for those on the lookout for high-quality, used laptops.

The dynamic laptop store sells a wide range of high-quality used laptops, and with a variety of options available, there is something for every type of laptop user. Statistics have shown that over half (57.2%) of the people living in the capital city have carried out some work from home over the last year, and with the Government still urging people to work from home where possible, it’s no wonder that laptop sales are rising in staggering numbers.

Since the pandemic began the landscape of work has changed for many, and as we continue to work from home and connect with clients, friends and family via technology, it’s not surprising that UsedLaptops.co.uk has seen traffic to its site increase by 60% over the last 3 months alone.Website Manager Andy Russell said:

“The second-hand laptop industry has been steadily growing since the pandemic forced us into a national lockdown, and with the closure of stores, online shopping will continue to be the preferred choice for over 80% of consumers. We are proud to offer consumers something different and provide much more than just a place to spend money on used technology. Rather, we provide handy and comprehensive guides, ensuring that buyers with no experience of purchasing second-hand laptops don’t go into the situation blindly.

“We appreciate that every buyer wants something different. Whether they are updating to facilitate more time working from home or need additional hardware in the home for home schooling and connecting with family, we have the information and expertise on our site to truly provide something for everyone.”

Used-Laptops.co.uk has seen a notable rise in the number of people purchasing laptops over lockdown, with sales up by around 40%. Their most noticeable rise in sales has been with second hand Apple laptops, with sales on these devices having increased by 88%, perhaps as people prepare to work from home for the foreseeable future.For more information visit https://www.used-laptops.co.uk/Published on PRFIRE

New research shows a seismic shift in the UK workforce as a quarter of all adults make permanent lifestyle shift to have “second jobs”

A new report released today from global market research agency The Mix reveals a permanent shift to side hustling in the UK, with one in four adults taking on extra jobs.While Dolly Parton famously sang about the 9-5 in the 1980’s – the pandemic has accelerated the shift to new ways of working for many different reasons.The desire for extra cash and a passion for being your own boss are the primary motivators for this shift in work/leisure patterns, with side hustlers spending six to fifteen hours a week on second jobs in addition to their full-time occupation, a significant new study from The Mix reveals.

The UK is rapidly moving away from the 9-5 employment landscape that has traditionally dictated how we work, with the number taking on extra jobs soaring. The Mix’s deep exploration into the lives of side hustlers uncovered a fundamental shift in how people work in the UK spend their time outside their primary job.Side hustlers typically displayed a determination to work in the evenings and get up and go on a Sunday morning rather than lazing in bed.

The “Hustle” study shows many as one in four adults are engaging in part-time money marking activities in addition to their primary job.Over a quarter of these (26%) have set up crafts style businesses through social media sites and selling on online marketplaces. Some 27% focus on wealth building by day trading or dealing in shares, forex or cryptocurrency. 20% are monetising digital and online services; 19% are involved in service/retail and delivery. 15% in health, food, beauty and wellness schemes; 13% in writing blogs or making podcasts. 10% have taken up odd jobs such as labouring or gardening.

This seismic shift to a quarter of the working population will profoundly impact how this new demographic interacts with business and brands.While side hustles used to be male-dominated, women are increasingly involved with over62% starting up in the past two years. Women are also more likely to have more than oneside hustle (51% female vs 41% male).The majority of side hustlers are motivated by money. Almost half of 35-54-year-olds saythey want to make “lots of money”, while the over 55s enjoy the extra income that this workbrings.However, for many others, it’s the experience that comes with being their own boss, especially among 18-32-year-olds, some 32%.

Enjoying connecting and making friends with like-minded people is listed as a perk by 71%.Overall 92% say they are proud of the extra work they do and the skills they have developedthough they often feel the need to hide it from their bosses, the HMRC and colleagues.Two thirds (65%) plan to carry on with their side hustle alongside their primary job, and a fifth(21%) would like to make the extra activity a full-time job.Gemma Mitchell, MD at The Mix, said: “In the context of side hustles, brands and businesses need to think about; audience definition, occasion spaces, communications, and brand role and purpose inside hustlers’ lives.

There is a distinct lack of acknowledgement and support from big business models and the companies they work for.”She continued, “Entrepreneurs are starting to be spoken to – but not side hustlers. Nobody talks to them, about them, for them. Side hustling remains a huge but underground struggle that deserves amplification. It’s not a career change ambition – it’s a new way of life.”Published on PRFIRE

Latest Posts