News & Updates
15 May 2018
Giving to charity and promoting generosity are admirable endeavours which should be celebrated at all times. However, while it isn’t difficult to showcase your generosity at home and while out and about, it can be much trickier to do this when you are at work.
No matter whether you are a business owner or a member of management, an employee, freelance professional or someone just starting out in a new career, there are plenty of things that you can do in order to maximise your positive effect in the workplace. Read More
27 February 2018
You’re waiting for your payment from a client, but it’s well overdue. What should you do to get your well-earned paycheck? The last thing you want to do is begin a feud that you can’t afford and quite frankly shouldn’t have to deal with. Instead of things getting messy and spiralling out of control, go through these steps and escalate the problem further if need be. Read More
27 February 2018
Buying a commercial property can be very stressful as there are so many factors you need to take into consideration. Having a commercial property for your business can either be the first step towards even more success, or be the downfall of your company. Therefore, you need to make sure you find the right property for you and your business!
Why do you want a Commercial Property?
When you are looking for a commercial property, ask yourself why am I buying a commercial property? Are you looking to expand your business? Does my business warrant a commercial property? You need to ask yourself these types of questions to ensure owning a commercial property will benefit you.
Find the Perfect Location!
If you didn’t already know, London is the business capital of Europe, making a commercial property in London, well sought after. London is considered the best place to have a commercial property as it’s the most successful city in the world. If you’re lucky enough to find a commercial property in London within your budget, you’re on the right track to successfully expanding your business!
Have a Commercial Property Near Bus Stops and Train Stations
If you have a number of employees who use public transport when travelling to and from work, it’s essential you buy a commercial property which is easy for them to get to. Another thing you want to ensure is the commercial property has on-site parking or a car park close by. Therefore, the property is easy to access through multiple modes of transport. This factor is important for both employees and clients.
Have a Strict Budget
Having a strict budget for a commercial property is vital. You don’t want to buy a commercial property that’s a bit too expensive as it could stunt your businesses growth. Make sure you’re aware of all the costs of owning a commercial property and plan your cash flow. These costs include;
• Cleaning services
• Mortgage (If you haven’t got sufficient funds to buy the property outright)
Make an offer for the Property
Once you’ve taken the steps above and are satisfied with the commercial property, it’s time to make an offer to the agent. This means informing the agent that you’re interested in the property they have, and want to buy it for a specific price. Once a price and been agreed, the building has passed its survey, etc. The property is yours!
Purchasing a commercial property is very exciting, yet stressful. Owning a commercial property does have its pros and cons, but can reap dividends, providing you invest in a well-located property. The price of the property could potentially rise, therefore, gaining a profit from your commercial property.
To find out more about buying a commercial property, please take a look at the infographic below:
18 January 2018
Are you excited about starting a new business in 2018? Here’s what the experts say you should do to make sure you get off to a successful start.
Many people concluded 2017 feeling wrung out by their jobs and with a vow in their heart to become self-employed in 2018. Well if you are serious about sticking with your New Year resolution of starting your own business, there’s no better time to get the ball rolling than now. Especially if you already have enough saved up to self-fund your entrepreneurial dreams.
But in the event you don’t have enough saved up to bankroll your business ideas, you need not fret because there are other financing options available. For instance, you can seek outside business financing from top lenders. Approval ratings for small business loan requests were significantly high in 2017 and this trend is still ongoing. This means now’s as good a time as any to apply for a business loan from your bank or shop around for a better deal from newer sources of funding (like institutional investors).
But if you want your loan application to be well received, experts strongly advise that you draw up a winning business plan that showcases the sort of business you intend on starting, products that’ll be offered, who’ll run your company, targeted market, level of competition within the targeted niche, and the Unique Selling Point of your proposed business.
Below is a more detailed description of what your business plan should contain if you want to succeed in getting needed funding to start up your business this year:
1. Executive summary: This should be a compelling one page explanation that effectively and concisely describes the proposed business as well as its short and long-term goals. It will also contain details of marketing plan, revenue projections, and operations.
2. Business description: This will detail the specific market you are targeting and what products you’ll be offering said target market.
3. Competitive landscape: This will detail how many businesses in your locality are currently into the business you have in mind and how you intend on competing successfully with them.
4. Product or service: Discuss your offered product(s) and detail its unique advantages.
5. Marketing: Share with the lender how you intend on promoting your proposed business and draw attention to your product to generate sales. This can be through social media marketing, ads, or any other viable means.
6. Management: This can be a one-paragraph bio of all the key individuals that will be involved in running your business and making it a success.
7. Financial data: This will state the probable cash flow and profit-and-loss projections for your business.
8. Investment: This will indicate how much you and your partners intend on personally committing to the business. Most lenders are unwilling to commit money to business ideas that business owners are unwilling to personally financially commit to.
9. Appendices: Insert your letters of reference, company logo, and any other necessary supporting documents.
Asides from being a tool for securing funding for your business, creating a business plan with the aforementioned details will guide you towards researching your business idea and let you know exactly what you are getting into as well as your chances for success. It is quite simply a great initial step for preparing to launch your new business in 2018.
11 December 2017
So, if you’re a regular Mothers Who Work reader, you’ll be accustomed with some of the self-help book reviews that we often share. It’s done with no commercial reasons behind it. Self-help is the way forward and without the time (and sometimes the money) to go to a life coach, counsellor or any empowerment expert, books and audiobooks are definitely the way forward.
One such book is the Four Agreements by Don Miguel Ruiz. I personally love this book because it’s so different. It covers offence, why we get offended, why other people offend us, and why it even exists in the world. It covers how to make sure you never take offence again and how to make sure you don’t. This may seem a little airy fairy when you read about it, but just think about it: how many people grate on us on an average day. Whether it’s that slow driver who just won’t go up a couple of miles an hour so you can get to your child’s school in the nick of time, or that irritating colleague who is always rubbing you up the wrong way…or your spouse, or your teenager, or the delivery guy, or… The truth is there are so many instances for someone to try to steal our joy. Read More
20 November 2017
Is it just me or does anyone else want to scratch something when someone tries to change their name? So, ny name is Joycellyn. It’s pronounced in two syllables: ‘Joyce’ ‘Llyn’. My experience is that many people hear me introduce my name and stop me part way because they think they know what it is: ‘Joyce’. No! ‘Jocelyn’ (pronounced, ‘Jo’ ‘Sir’ ‘Lin’. That’s not my name! Read More
1 November 2017
Every other news story this past month seems to be about the inappropriate behaviour of men in sectors from film (aka the alleged Harvey Weinstein) to politics. Industry big wigs seem to have, for years, got away with treating women any way they wish.
Some critics have blamed women for dressing inappropriately, not standing up for themselves and even for putting themselves in a vulnerable situation themselves. Read More
14 September 2017
Your office workspace can make a huge difference in whether you want to work or not. The more comfortable and inviting it looks, the better mood you’ll be in and the more productive you’ll be.
We’ve found some gorgeous home office and work office items for you to ponder to buy or just dream about! Enjoy! Read More
13 August 2017
Firstly, congratulations are in order! If it’s your first child you’ll know doubt have a mix of excitement and a ting of nervousness every so often – life is about to change, for the better! If this is not your first child, you know what to expect during the pregnancy and the mix with work, but you’ll no doubt be wondering how to make the room in your life (and purse!) for the addition to the family. Read More
2 May 2017
Great ideas always have the potential to succeed, even when the economic conditions are not exactly favourable.
2016 has led to the emergence of some already well-established start-ups on the market and has seen the emergence of innovative businesses that range in every field: from cancer research to solutions to deliver faster and more powerful connections to the fierce competition. Let’s see which of these start-ups, launched in recent years, will develop rapidly in 2017 thanks to all the potential of their great ideas. Read More
19 April 2017
Managing both a successful career and a happy family can be tricky for parents. In a recent article, Forbes refers to “mommy wars”, this intense divide between stay-at-home mums and working mothers. It may sound rather unimportant, but it’s actually a complicated societal issue with gender inequality at work, guilt brought on by motherhood at its core. Read More
3 April 2017
We’re so over the working mums vs stay at home mums debate – if that’s what you were expecting to read, you’ll be disappointed. At Mothers Who Work, we really aren’t advocates of pitching working mums against stay-at-home mums. But we do believe in showing mums how they can stay financially viable in which ever form they want to parent – as one who is at home with the children, or one who goes out of the home to work.
So, why should mums keep working? Is not as if raising a family isn’t work enough. According to a survey of more than 6,000 mothers by Salary.com, the average non-working mother spends 94 hours a week juggling tasks that would earn a total salary of $113,568, that just over £91,000 a year.
Yes, that’s in the ideal world, and while many working mums earn a lot more than that, most don’t. Many families go into poverty when mum doesn’t work, which can have a huge impact on the life outcomes of the children. So, why do we think you should keep working if you’re a working mum? Find out below, and get tips on what to do to stay financially viable.
1. Keep your skills up to date
If you think that taking five years out of the workplace won’t have an impact on you trying to get back into your field at the same level after your little one(s) starts school you’re mistaken.
If you think about how much technology has changed in the past five years alone, and the impact it’s had on the way we live and work and imagine how you’d feel if you’d lived in a cave for five years and came back to life now that’s a good example of how far behind you’d be left if you stop working…not good.
While you’re on maternity leave, the last thing you may want to do is get into work mode – and we are not suggesting that you should. But, spend about half an hour or so a week reading up the developments in your industry to stay abreast of what’s going on.
2. Keep in touch with people in your industry
Networking is great when you’re working or in business but it doesn’t stop when you have a baby.
The odd email, LinkedIn snoop or coffee won’t hurt – it will keep you in the loop and you never know when an opportunity may come up because of a preexisting contact.
If it’s really difficult for you to get out and about to to reach out, then use social media. These days, many companies update their company profiles on LinkedIn, on their company websites and across other coal media platforms, so it really isn’t that difficult to stay abreast with what’s going on. Set up a feed on an app like Flippboard and let the news come to you.
3. Keep a level head
While no one gets married to divorce, it’s a sad reality for thousands of couples. The same can be said for losing the one and only income in a household when the man of the house (who is traditionally the breadwinner) loses his job. These days, there is no such thing as a job for life so it’s always good to have some form of a back up – or just stay financially viable yourself.
There are so many opportunities available and so many different ways to work; even if you only work part time and just about break even when you’ve paid for your transport and childcare costs it’s worth it in other ways. If the unthinkable happens and you need to go back to work full-time, you won’t have to go several rungs down the career ladder you’ve worked so hard to climb, or work a menial job you hate.
4. Keep the wage gap smaller
Every year, we hear about the ever increasing wage gap between men and women. Women practically stop getting paid in the month of October because of the salary gap between their male equivalents. So, we basically work for free for two months.
If you stop working all together, your salary will be a lot less when you return to work because of the years experience you have lost staying at home. This isn’t a feminist movement – working makes the pay gap less for you.
If you’re not keen on going back to the workplace, there are a number of ways you can make money online, working around your family’s needs. Our Spare Time Business Course is worth considering for detailed video tutorials and insight into how to start, what opportunitiess make the most money and how to make that money online!
23 February 2017
To celebrate their latest collection, OXO Tot is giving away a bundle from their new Greys range, worth £80.
The Perch Booster Seat with Straps is designed to keep children comfortable and secure at mealtimes. Allowing little ones to join the family at the dinner table, the Perch Booster seat gives children aged 15 months upwards (70lb capacity) a boost to the ideal table height.
The cleverly designed Roll Up Bib offers a wide, soft silicone pocket which provides ample coverage and effectively catches even the smallest of crumbs, whilst the soft fabric around the neck makes the bib as comfortable as possible.
Keep changing bags neat and organised with OXO Tot’s On–the-Go Wipe Dispenser with Nappy Pouch. The 2-in-1 case features a hard dispenser for wipes as well as a handy fabric pouch for storing up to five nappies.
Available from OXO UK www.oxouk.com.
To enter for your chance to win this fantastic giveaway, complete the form below – competition closes on Friday 3rd Match 2017!
6 February 2017
Managing both a successful career and a happy family can be tricky for all parents out there, and even more pressure is put on mothers especially.
In a recent article, Forbes refers to “mommy wars”, this intense divide between stay-at-home mums and working mothers. It may sound rather unimportant, but it’s actually a complicated societal issue with gender inequality at work, guilt brought on by motherhood at its core.
Luckily thanks to the wide choice of online and short term courses available these days, mothers don’t have to give up on all their career-related dreams even when they feel short on time and caught-up in the family routine. Online moocs especially have been enjoying an increasing popularity over the past years. The diversity of free courses available is a big advantage for many students: “Studying long distance like this is flexible and you do get the required support. It might develop you in ways you never dreamed possible.”
More flexible and to the point, these courses can truly boost your career faster than ever before so you don’t have to sacrifice family time. Here we take a look at some of the most in-demand and profitable short-term training courses to give you that edge in the workplace so you can achieve the perfect work-life balance.
If you’re looking for a better work-life balance, becoming an entrepreneur might be the ideal solution so you’re able to manage your own schedule around your family. Udacity offers an interesting “How to build a Startup” course that can be an excellent introduction to starting a business. At only $40, it’s well worth a try if you’re thinking about it.
Programmers are in high-demand at the moment and this is a skill that could give your career a high boost or even be an opportunity to start your own business. What’s more, women are considered better at coding so this shouldn’t scare you off. Courses also widely available online, like on Udemy.
3. Health and beauty specialities
Health and beauty is a sector that’s engrossing billions each passing year and the demand is still growing. If you’re already working in the medical sector and looking for a career change, training in non-invasive beauty treatments such as botox and dermal fillers can be very gratifying.
Free finance moocs are all over the web these days and they can really help you master the financial side of your business or give you the opportunity you earn new responsibilities in your current career. Two of the best courses on the subject are offered by the Massachusetts Institute of Technology as well as the University of Pennsylvania.