There are so many changes affecting the property and small business sectors at the moment, it can make your head spin. So how are we all supposed to keep up?
On top of enforced changes like legislation, there are also the things that we decide we just need to do differently in our business. I found this when I started to expand my service offering for InLet Management. Juggling the transition period whilst, at the same time, keeping up with service delivery has been challenging. There came a point when I just had to get help because I couldn’t see the wood for the trees.
Constant change is now a way of life for all of us. Here’s a taster of just a few recent or up and coming changes from the property sector:
- The Minimum Energy Efficiency Standards regulations coming in to force in 2018.
- Restrictions on buy-to -let mortgage lending
- Interest tax relief changes
- Property licensing changes (especially in London)
For small businesses in general there’s also:
- The reform of IR35 (‘off payroll’ working through an intermediary)
- The Taylor Review of Modern Working Practices
- The latest employment law changes
- The impact of Brexit
Whether your business is in property or any other sector, the need to reach out for help from time to time applies regardless. Having a solid team of trusted people that you can call upon to lend a hand is important; especially if you don’t have the luxury of employing those resources in your business. Here’s my top 6 people that I think we all need to have on board from time to time:
- Operations manager/administration support
- IT expert
- Business adviser
- HR adviser
- Marketing support
So as autumn gets in to full swing, and the leaves fall away from the trees, why not use this as an opportunity to get some clarity? Think about your team and see if you need to reach out and find one of the top 6 to help you to keep on top of the challenges in your small business.
Whether you have a property or other small business, InLet can help you with operations management, administration and marketing support, and HR advice. Feel free to contact me to find out more.
Thanks for reading, and if you think I’ve missed someone off the list of top people to turn to in your small business, please let me know!