Is the UK Travel Industry Recovery Sustainable? | techiselnet.ga

Following a dismal 3 years the UK travel industry is at last showing signs of recovery with the growth reported in September by BAA Group responsible for the airports of Heathrow, Glasgow, Stansted, Edinburgh and Aberdeen continuing in October with a further increase of 3.4% seen across the board.

Heathrow confirmed its position as the world’s second busiest airport with 66 million passengers for the 12 months to October and an impressive 7.6% increase seen for last month. This boost in numbers seen over the last two months is being underpinned by the business traveller.

Indeed Manchester airport has just announced the first positive figures for 2 1/2 years for passengers, although its cargo figures have been up for some months. The increase is, however, only slender at 1.8% and way down on figures recorded as far back as 2007 and ably demonstrates how far there is to go.

In past recessions, business travel is one of the first areas to contract and when recovery is underway one of the first to show an increase. Usually increased activity by business takes time to work through to the general economy. Whilst this will hopefully be the case again, this recession has been deeper, longer and dependent upon so many global factors.

Governments across the world have poured billions into their domestic banks and the USA has only recently announced more quantitative easing measures will undertaken as their economy begins to stutter against a background of rising unemployment.

The difference with this recession is the intervention by Governments on a global scale has been far greater and more far reaching than at anytime in the past and their battered balance sheets are now the ones that need to be addressed because printing money can only go on for so long.

The UK Governments is shortly to increase VAT to 20%, increase airport duty tax and contract the public purse with national and local authorities redundancies planned and major works shelved or at least delayed which will all take a large chunk of money out of the economy.

Depending which economists you listen to, this balancing of the books is either too soon or too late with even the Governor of the Bank of England admitting that their predicting models can so easily be thrown off track. Indeed he has publicly stated one of his biggest fears is that countries will increasingly look to protect their own industry and commerce against foreign competition that will quickly stifle the global recovery.

Time will only tell with the next six months crucial as austerity measures are introduced in the UK and throughout the world.

The Small Business Owners Guide to Outsourcing Effectively | techiselnet.ga

If you are a small or medium sized business and you wish to stay competitive in the marketplace you need to be outsourcing some of your business activities. Outsourcing is when you contract another individual or company to perform some of your company’s business services.

The amount of time that you will spend on tasks such as scheduling travel plans and meetings, answering your phone and taking messages, creating a web design and bookkeeping on a daily basis can now be minimized significantly. The additional time that you will now have available to devote to bringing in business more than justifies the dispensing of these duties to outside contractors.

There are three tasks that all small or medium sized business should always outsource: the scheduling of business travel, bookkeeping and web page designs including a company’s social media and blog pages.

Travel Plans

The first task that a small or medium sized business should outsource is travel plans. This business function can be expertly performed at a very small cost by online virtual assistants who will not only find the best flights available but will provide a list of hotels, car rental agencies and restaurants according to your requests.

When you outsource your travel plans you are provided with a list of options by email that make the decision process a two to five minute endeavor instead of one that might take one to two hours at a minimum and much discussion between you and a human secretary.

Also, the cost of this service might be $5.00 as compared to how much more money your company would lose by having a business owner or human assistant perform the same task.

Bookkeeping

The second task that a business should outsource is bookkeeping. Unless your company is an accounting company there is no reason for a business owner to devote the large amount of time that is required to deal with itemizing the daily transactions of a business.

A business can easily go online and find bookkeepers within your area that can perform the bookkeeping functions that you need at competitive costs. Another bookkeeping outsourcing option is the use of computer software programs that are paired with a contracted bookkeeper who will perform your daily transactional functions and any other financial tasks needed to help a business owner keep track of their income and cost expenditures.

Web Work

The third task a company should outsource is the design of their internet web page, social media page and blog.

In today’s business world these three business components are essential to the visibility of a business. However, the creation and maintenance of a web page, a social media page such as Facebook and a blog will take many hours out of a business owner’s work day.

These activities can be outsourced to individuals who are experts in the use of each of these business marketing tools and they can and will create the required marketing pages in a faster, more effective and professional manner than the small business owner who will do everything but in the process becomes an expert at nothing.

Whether it is a college student or a freelance web page designer, there are an incredible number of individuals who can perform these tasks for a small or medium sized business at a minimal cost. A business owner who pays an outside contractor to create their company web page, a Facebook page and a blog will save the most valuable resource a business owner has, their time and also money.

Instead of a business owner taking time away from finding new clients to create these marketing components and learning how to do so in the process a business owner will be able to focus on generating new business that can help their revenues and improve their competitive business position in the marketplace.