Director at NPS Wealth Management Ltd, Senior Partner Practice of St. James’s Place Wealth Management
What I learned from my expansion phase… Scaling up a business after your start-up and initial growth phases can be tricky. Here are the takeaways from one entrepreneur’s experience: https://ow.ly/O95W50PNO5e #scalingup #scaling #entrepreneurs #entrepreneurship #businessowners #growth #experience
Director at NPS Wealth Management Ltd, Senior Partner Practice of St. James’s Place Wealth Management
Beyond the Ballot: the US election 2024 In our latest issue - Justin Onuekwusi, CIO, delivers quarterly insights from the investment team on the possible impact of the upcoming US elections. Read the insights here: https://ow.ly/ertB50TMz1c #insights #elections #investmentplanning #financialknowledge
Director at NPS Wealth Management Ltd, Senior Partner Practice of St. James’s Place Wealth Management
In 7 minutes catch up on the market's movements! 🌎 Both the S&P500 and the Dow Jones Industrial Average hit record highs, and posted 1.1% and 1.2% increases over the five days. 📈 This came despite US inflation coming in above expectations at 2.4%, narrowly beating the forecasts of 2.3% for September. That said, it still represented a slight drop on the 2.5% figure recorded in August. There was an increase in core inflation, which doesn’t include volatile food and energy prices. This had sat at 3.2% since July but increased to 3.3% in September. You can read 📑 the full update here now: https://lnkd.in/eKnPd_Vm #stockmarkts #financialmarkets #financialoutlook #financialknowledge #investmentplanning
Director at NPS Wealth Management Ltd, Senior Partner Practice of St. James’s Place Wealth Management
Employees or contractors - which are better for start ups? Choosing whether to hire permanent staff or use contractors is a critical decision for expanding businesses. 🔗 Read the full details here: https://ow.ly/B8Zw50THM35 - As a growing business, you may be looking to expand your team, which means weighing up the pros and cons of hiring contractors versus employees. - Freelance and contract workers can help plug skills gaps quickly and flexibly. On the other hand, employees are likely to be more loyal and for regular tasks, may be more cost-efficient than hiring contractors on premium day rates. - There are tax and legal implications for both, so it’s sensible to take advice before hiring anyone and ensure your contracts are up to date. There are many pros and cons to hiring contractors or employees, depending on your role and sector. Early-stage businesses often prefer to hire contractors, as it gives them more flexibility and is easier to administer. Freelance and contract workers are a lower-risk approach to filling skills gaps, with fewer commitments and liabilities; plus, you can flex or limit the time they work for you. #StartUpLife #BusinessExpansion #BusinessGrowth #HiringDecisions #BusinessOwners #BusinessDecisions #Startups
Director at NPS Wealth Management Ltd, Senior Partner Practice of St. James’s Place Wealth Management
Get up to speed on last week’s market performance: https://ow.ly/3yoo50TGG00 UK equity markets declined as anticipation grows for Labour’s budget announcement later this month. 💼 Brent crude oil rallied 9.2%, reaching $78.23 per barrel—the largest weekly gain in nearly two years. 📊 #MarketUpdate #UKStocks #OilMarket #BudgetNews #financialoutlook #financialknowledge #stockmarkets
Director at NPS Wealth Management Ltd, Senior Partner Practice of St. James’s Place Wealth Management
The value of personal support Are you a personal-injury and medical-negligence lawyer? As a lawyer, it’s important to know how an expert financial adviser can help claimants, offering additional emotional support as well as guidance on making the most of a settlement Five reasons it’s in your clients’ interests to take financial advice - read more here: https://ow.ly/WlKz50TEbx9 #lawyers #financialknowledge #moneymatters #financialwellness
Director at NPS Wealth Management Ltd, Senior Partner Practice of St. James’s Place Wealth Management
The stock market is constantly shifting! 🌎 Get concise analysis delivered weekly to make sense of it all. This week - China’s stimulus boost lifts global stocks to a record high. 📈 💼 Disappointing business activity data has heightened expectations for additional interest rate cuts from the European Central Bank (ECB). 📊 Global stocks reached an all-time high on Tuesday, with major U.S. indices also closing at record levels as investors responded positively to the news. 📔With the UK Labour government’s first Budget scheduled for 30 October, speculation is rife about what it might include. What any changes will mean for everyone is yet to be fully understood and unless there are significant leaks in advance, we won’t know the details until the day. Read in full here: https://ow.ly/jCAw50TA1u0 #marketupdates #stockmarkets #interestrates #financialknowledge #financialoutlook
Director at NPS Wealth Management Ltd, Senior Partner Practice of St. James’s Place Wealth Management
Thinking about exiting your business? Transitioning to a non-executive director role within your business could be your answer A non-executive directorship could be the ideal position for you once you’ve exited your business, allowing you to carry on earning and using your expertise without the pressure of running your company. Read more here: https://ow.ly/Vrzp50TvnJj #business #businessowner #NED #tranisition #business #sellingbusiness
