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The three basic skills behind innovation.
At Chancellers we can provide businesses in the Hitchin 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 Hitchin area and are looking for support and help from experienced accountants and business advisers, contact Chancellers.
Do you have any questions for us?
Simply get in touch and the relevant team member will get back to you asap.
17 May 2022
National Energy Action (NEA) has warned that the poorest households in the UK will wait the longest for the government's £150 council tax rebate.
16 May 2022
Nearly 66,500 taxpayers filed their 2021/22 self assessment return on the first day of the new tax year, according to figures from HMRC.