Business Attire: Dressing Like You Mean Business

A lot of businesses tend to have dress codes for their employees. This is particularly true in industries where image-building is a necessary part of the success strategy, and jobs which involve regular face-to-face interaction with customers.

If you run a business and would like to set a dress code for your employees to adopt, then you need to ensure that it is reasonable and in keeping with the type of work involved. That should make it easy to implement.

A restrictive or an excessively detailed dress code can not only make it difficult for employees to adhere to it, it may also make them want to rebel. Also, if the dress code is unclear and vaguely defined, the employees can take undue liberties with it and conveniently transfer the blame on the lack of specificity in the details of the dress code.

It is crucial for an organization, that its employees come to work in proper business attire as it helps set the tone for the rest of the day. Studies have shown that the way employees dress at work goes a long way in determining their productivity. According to these studies, the level of alertness takes a hit when employees dress casually.

As per Dr. Karen Pine, professor of psychology at the University of Hertfordshire and fashion psychologist, “When we put on an item of clothing it is common for the wearer to adopt the characteristics associated with that garment. A lot of clothing has symbolic meaning for us, whether it’s ‘professional work attire’ or ‘relaxing weekend wear’, so when we put it on we prime the brain to behave in ways consistent with that meaning.”

Most responsible organizations make it a point to bar the following type of clothing –

Garments with offensive and/or intolerant prints or words
Tank tops, halter tops and/or vests
Tattered clothes
Gym clothes or sports wear
Hats or caps, unless it is employee-issued headgear

When deciding the dress code, organizations need to ensure that it is –

In keeping with the nature of the job and not based on personal preferences. The dress code should be set in accordance with industry standards and customs.
Sensitive to gender, nationality, race, creed, etc. The dress code should not encourage the treatment of one person less or more favorably than the other.

Here’s why having set office attire is important.

1. It Conveys Company’s Expectations Accurately

It is important to set clear guidelines and policies with regards to the workplace attire will go a long way in lessening uncertainty among employees.

If your employees are inclined towards dressing casually, but you would like them to be more professionally dressed, you will do well to mention this in your workplace guidelines to set clear company expectations and leave no room for doubts. The workplace today is culturally diverse and the office attire should underpin your policies on diversity and workplace inclusion.

2. Helps Make the Right Impression

Having set guidelines about office attire can be highly instrumental in shaping the image you want your organization to project. Asking employees to dress formally can be extremely beneficial for a startup that wants to look more established and professional.

The way in which you and your employees appear to the rest of the world can help immensely in setting the kind of impression you want to make. Apart from that, you can use the workplace attire to create a more progressive image of your company.

3. Bring a Culture of Professionalism

Many a time, a company’s dress code can help increase the pride that the employees have of being a part of it. A professional appearance can give rise to more professional attitudes and behaviors, and this will reflect in every aspect of your business, thereby lending your organization a more refined demeanor. For instance, tailored suits can work well in offices occupied by male employees holding higher ranks. Formal shirts and a pair of trousers/skirts or a formal dress in a solid color could make for the perfect dress code for female staff.

4. Influence Your Customers

A set workplace dress code can help you make customers see your business in a favorable light. This can work wonders if you regularly host client meetings in the office, or conduct face-to-face interaction with your customers on a daily basis. Having an appropriate, industry-specific dress code can inspire trust and ensure that your customers view your business as the preferred organization.

5. Convenience to Employees

If you haven’t had a dress code so far, putting one in place may cause a few employees to cringe initially. But, it may actually turn out to be more convenient for them in the long term because it will make every day dressing and grooming very specific and hence, there will be less (or no) second guessing involved. They will no longer have to worry if they’re over or under-dressed for work. All they will need to do is stick to the dress code.

6. Sense of Consistency

When all your employees abide by the set standards of the dress code, it will create not only an atmosphere and a culture of professionalism, but also a sense of visual consistency. Apart from that, a dress code also acts as a familiar thread that binds the employees together and work unitedly, thereby promoting positive team dynamics. This holds particularly true if the dress code is specific about clothes in a certain color, or its different hues.

7. Steering Clear of Unnecessary Trouble

By having a set dress code, your employees can steer clear of making unsuitable dressing decisions which could eventually lead to safety hazards, cause a human resource issue, or a PR disaster. For example, if the workplace is an oil factory, it would make sense to wear anti-slip shoes, helmets and gloves to reduce the risk of slipping and injury. If the workplace is a regular office, the dress code should stipulate certain details such as the minimum hemline length for skirts, and the number of buttons which may be left open in a button-down shirt.

Conclusion

Having a dress code can be helpful, but it is also important to see to it that you convey it well in advance to your employees, so that there is ample time for feedback and modifications. Updating certain aspects of the dress code every few years will ensure easier acceptance and compliance as the code will be fresh and relevant time after time. The above recommendations should help you understand the various nuances of having a proper workplace dress code in place.

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Climate launchpad, your children and 36 trillion

Climate launchpad

Two months ago we started the Climate Launchpad programme. A programme that covers 26 countries across Europe and the largest pre-accelerator in the world in the area of green and clean tech.

Entrepreneurs will have to do it

The idea behind Climate Launchpad is that if we wait for governments to tackle the climate change issues, we be waiting until the cows come home. It will be the entrepreneurs that will have to do it. By creating sustainable businesses that have a positive climate impact.

Our babies have grown up

We have worked with a number of ideas over the last two months and eight of my babies have grown up and are pitching their ideas this Monday. You are invited to see how they are doing. You can book your ticket here.

Eye opener

The programme opened my eyes. We are running out of time. If you follow the graphs on carbon emission and the consequent increase in temperature our kids will be living in Kevin Costner’s Waterworld. It is not fair to leave them with our mess.

Huge business opportunity

It is also a billion dollar business opportunity. By 2050, 36 trillion will be invested in this sector. Over 310 billion has been invested in green energy in 2014. A perfect hotspot and a perfect combination of transformation, entrepreneurship and opportunity.

It will become the norm

In my view green and clean tech does not cover it. It is sustainable entrepreneurship or business 4.0. It is not only tech. It is food, it is people, it is waste, it is energy, it is attitude and it is everywhere and soon sustainability as part of your business model will be as normal as e-commerce. We don’t use “e-” any more. It is the norm.

If we don’t, we will drown. It is as simple as that.

The babies

Agri Grow Lights is a state-of-the-art solution that, by controlling the light spectrum from LED lights, food producers can increase the nutritious content of crops.
Boltz Secret Seeds are seedbombs enhanced with biochar. They are a platform to encourage people to garden at home, locally produce fruit & flowers and make a great occasion gift.
Climate Friendly Design is the world’s first digital governance platform designed to challenge, analyse and validate energy efficient design for buildings, processes and investment funds.
EMMA is an emergency mobile alert tool with great life-saving potential for communities vulnerable to natural disasters.
E. E. S. is a Home Energy Improvement Simulator tool that informs the homeowner about their current and modelled dwelling energy use.
Marker Bio-fuel is focusing on the rapidly developing resource-recovery market to produce second generation bio-diesel for the agricultural market, and also to develop a bio-refinery to produce 1,3 Propanediol (PDO) from the by-product glycerine.
wasteNOT is a combination of innovative labelling, ICT and a smart phone app that will automatically maintain an inventory of current food by expiry date and send push notifications of food that needs eating with suggested recipes
UniQube is developing a new approach to tackle the current urban housing crisis. UniQube use a modular construction (off site) approach to build urban apartment complexes using container architecture (recycled shipping containers) as the building blocks.

I hope to see you on Monday and hopefully it will open your eyes too.

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No Capital, No Problem: Starting A Business Without Funding

Although many small business owners mistakenly think that they need money in order to make money, it is actually quite possible to start a business without funding. Here are some of the ways that you can create a business of your own without much starting capital.

Business Grants

If your business falls under certain criteria, then you may be eligible for grants from many organizations who are looking to utilize the private sector. Make sure that you call your local small business regulation authority in order to become aware of all opportunities that may be available for you to use government or angel investor funding.

Sweat Equity

Many of the functions of business that money helps out with can be paid for in sweat equity; that is, simply doing it yourself. Although you may take more time to administrate and operate your business on your own, a startup consultant with an online bachelor of business degree says doing so will save you a lot of money. There are many free tools online, including automation and operational software packages that can help you to simulate an administrative assistant and a marketing department until you are able to afford a real one.

Receipts

There is no substitute for getting out into the real world and testing a prototype of your product on real people. You can also do this online if you are dealing with a digital product. If this testing is done for any money is put into the marketing campaign, you may actually be able to generate word-of-mouth from the street level. This will give you an influx of orders, and you can begin your business based on receipts.

Secured Loans

If you have all the hardware that is taking up space in your home, you may be able to take out a loan that is secured by that hardware. If you are not able to obtain any other kind of funding, this can be a great way to give yourself some leverage until you can generate some sales from your product. It is also a great way to use old hardware and assets that would otherwise have no use for you because of the age or the condition of the product.

There are always new options for business owners being created in the new, exciting digital space. The options above will definitely get you started on the right foot, but always keep your ear to the street for new opportunities that may be available.

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8 Considerations Before Taking A Company Public

The allure of taking a company public is one that many business owners cannot overlook. The access to instant cash flow through an IPO could change your business forever, but going public can be one of the most difficult decisions in business to make. You must first understand the price your company will pay to go public before you dream of the potential benefits your company will gain.

#1: The Costs Of An IPO

People, in general, dream of the capital that would come from an IPO. They dream of the millions or even billions of dollars they would raise to fund their company. The company benefits from this cash, but the cash from an IPO costs money in its own right. The fees involved in becoming a public company could easily reach over a million dollars. A business that does not have a million dollars to spend on an IPO may have to wait until it is more stable financially to do so.

#2: The Paperwork

The paperwork involved in an IPO is time-consuming. You have everyone at your business working hard during the day to run the business you have created, but the paperwork for an IPO is a full-time job until the IPO hits the market. You must have the proper people dedicated to the process, and there is no guarantee that it will be successful. Less than a thousand companies a year are able to get their IPO to the market.

#3: The Benefits Of Succeeding

A successful IPO will bring in mountains of cash, and you will likely have more money than you are able to manage. You will need to re-evaluate how your business is run, while having a specific plan for all the money that is raised. A traditional IPO could potentially finance several projects that have been put off, resulting in the business going a completely different direction it had been taking. It will also result in greater exposure, building credibility beyond a simple BBB listing and potentially giving you respect as an investment option.

#4: Respect

People who have not heard of your business will instantly give you the respect you deserve when the IPO is successful. Investors start taking your company seriously, making it easier to raise more funds privately. Your business will have gained from the IPO, but the respect that is gained from investors by going public will continue long after going public.

#5: Better Talent

Companies that are awash with cash have an easier time hiring the finest employees. You can offer better salaries to attract highly qualified employees, which in turn increases the internal value of the company. Employees will be less enticed to leave because you have more to offer them. The cash that came in because of the IPO will have solidified your workforce and your bank account at the same time.

#6: Major Concerns

A company that succeeds with their IPO loses some control of the business on the management level. Your investors will expect to be updated on how your business is managed, and certain investors may expect to be a part of the daily operations. Their money will have paid for many improvements to the business, and you’ll be required by law to keep your investors informed of the business decisions and results. You lose some control of the business the moment shareholders are involved in the business decisions.

#7: Your Board Of Directors Will Change

The board of directors is often comprised of people who have helped you grow your business over the years. You worked with these people to create the business you can take public, but after the IPO, you may not be able to keep all your people on the board. Investors will expect to have places on the board of directors, and the direction of your business could change. When it comes to going public, you must immediately accept that you are not the only person whose money is on the line.

#8: The Overall Result

The overall result of an IPO is an infusion of cash that comes with investor input. You must balance the decisions of the expenses of company money you receive from the IPO with the people that supplied that money. Many shareholders are regular people who own a very small piece of your company, but other shareholders are powerful executives who wish to have a say in what you do in the daily business operations. You will give up a lot of control of your business, but you will gain the money that will stabilize your business in the present and in the future.

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5 Cloud Computing Functions to Revolutionize Your Small Business

Cloud computing is radically changing the way we do business today. Many important business functions are being moved to the cloud, making them the cheaper and more reliable for businesses of all sizes. The impact on small businesses are perhaps most dramatic, giving these small enterprises access to resources not possible before the advent of the cloud.

Cloud Computing Data Sharing and Backup

Data storage was one of the first business functions moved to the cloud. By outsourcing data storage to cloud providers, small businesses can reduce or eliminate the IT overhead associated with maintaining file servers while making data easy to share across the office and at home. The advantages of scalability make it much more affordable to keep remote back-ups of important data.

Telecommunications

The rise of cloud computing has seen the creation of many innovative tools for communication and collaboration. It has also lowered the barrier of entry for enterprise grade services such PBX networks, offered by companies such as Telesphere, which were once only available to businesses with the resources to operated self-hosted networks. Cloud-based communications platforms make it is easier than ever for businesses to communicate over a variety of devices and take advantage of task-specific tools for things such as remote white-boarding, video chat, and conferencing.

Enterprise Resource Planning

Enterprise Resource Planning, or ERP, integrates several key business functions into one suite of software utilities that interact closely with one another. ERP is extremely efficient for tracking inventory, managing payroll, organizing marketing campaigns, and generating reports. It allows for greater cooperation between different sections of the business. While this was once a tool only used by large corporations, it is rapidly becoming a possibility for smaller businesses thanks to cloud platforms that allow you to outsource the management of the software.

Customer Relationship Management

Like ERP, Customer Relationship Management software, or CRM, is an integrated set of tools that makes managing aspects of a business more efficient and easier to track. In the case of CRM, the tools are specifically for managing customer interaction. Utilizing cloud-based CRM software allows employees in billing, marketing, or technical support to access needed customer information on the fly, allowing you to create a more personalized relationship to each of your customers.

Productivity Software

Many of the everyday productivity software used by companies is also moving to the cloud. This includes software for editing documents, creating presentations, handling spreadsheets, managing calendars and a variety of other everyday office task. By running this software in the cloud, small businesses can be less dependent on a particular configuration of hardware and software; tasks can be completed on almost any web-enabled device.

There are numerous benefits to handling these essential business functions in the cloud. Utilizing cloud platforms ensures that your company resources are available at all times, that they are securely backed-up, and that they can be accessed with a wide variety of computer equipment. The greatest benefit of the cloud may be the cost compared to running software locally, allowing small businesses to do things only possible for large corporations a few years ago.

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Annual Leave Law – Employees Set to Accrue Annual Leave on Sick Leave from June 2015

As it stands in Irish employment law, employees in the private sector are not entitled to accrue annual leave whilst on sick leave. However, this is not compliant with EU rules and reform has been on the cards now since 2009.

Annual Leave Law: Current Position

Annual leave law in Ireland is governed by the Organisation of Working Time Act, 1997, and some subsequent regulations. This legislation is very explicit as to when an employee will accrue and what counts as ‘working time’ for this purpose. As a result, it has been the case in Ireland that an employee on sick leave will not accrue annual leave during a period of sickness absence.

European Developments

In the European cases of Stringer and Others v H.M. Revenue & Customs [C-520/06] and Schultz-Hoff [C-350/06] it was determined that an employee should continue to accrue annual leave whilst on sick leave. It was further determined that if an employee is on sick leave for the whole or part of a leave year that any leave they accrued does not disappear when the leave year has ended, and that, as such, the employee must be allowed to carry forward their annual leave.

These key European decisions applied automatically since 2009 in the Irish public sector. This is because the Irish State is bound by such European decisions and as such anybody employed by the State benefitted from this decision for the last six years. However, the private sector was still governed solely by the Organisation of Working Time Act which meant that a private sector employee would not benefit from these decisions until the legislation was amended.

New System – the Workplace Relations Bill

The Workplace Relations Bill primarily concerns the streamlining of the Irish employment tribunal system. However, the Government has seized the opportunity to amend the rules in respect of annual leave at the same time. Accordingly, the Workplace Relations Bill provides as follows:

Where an employee is absent from work then that absence will count as working time where it is covered by a medical certificate from a registered medical practitioner.
Where an employee is unable to take all or part of their annual leave during a leave year due to a medically certified illness then the employee will still be permitted to take that annual leave for up to 15 months after the leave year has ended.
If an employee’s employment is terminated during the 15 month period mentioned above the employee will be entitled to payment in lieu of any such outstanding annual leave.

This bill is set to be enacted into law on 01 June 2015 and when enacted the above will come into force.

Potential Grey Areas

There are a number of potential grey areas in the wording of the legislation which might result in some key decisions and cases at tribunals down the line. For example:

The legislation specifies that an employee will only accrue annual leave on a day where the employee was on ‘certified’ sick leave. The difficulty here could be a tribunal’s interpretation of this when viewed in conjunction with any internal company policies. For example, a lot of employers have a policy that an employee is not required to give a medical certificate for the first 3 days’ of absence. If so, does this mean that a tribunal will allow an employee to accrue annual leave for those first three days, even though they were uncertified, on the basis that the employer has stated that they don’t require a medical certificate?
What will the entitlement be where an employee goes AWOL but retrospectively provides a medical certificate to cover their absence?
What happens where the employer receives two conflicting medical reports, one saying the employee is certified as unfit to work and another saying that the employee is fully fit to work?

The above questions can likely only be answered should the matter be challenged before a tribunal. As such, whilst we know broadly what an employee’s entitlements will be from circa 01 June 2015, we are as yet unclear how some of these grey areas will be interpreted by a tribunal.

Conclusion

This is an extremely important update for employers to be mindful of. As employees will now accrue annual leave whilst on sick leave, and will be permitted to take it for up to 15 months after the leave year, it could have major financial implications for a lot of employers. In general, a lot more employees will be entitled to take a lot more annual leave going forward as employees will now be able to accrue annual leave during times they never did before. It is strongly suggested that each employer carry out an internal audit to identify, over previous leave years, how many additional days annual leave would have been accrued by employees and how much, therefore, this might cost going forward. This should allow employers to reasonably identify any budget implications in addition to allowing employers to manage and coordinate workloads accordingly.

If you have any questions on the above article or if you have any query in general about annual leave or sick leave then please do not hesitate to contact the 24 Hour Advice Service on 01 855 5050.

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40 Companies on the Dublin University Campus Bus Tour

The innovation bus left this Tuesday, with 40 small business from a wide variety of sectors, visiting UCD, DCU and Trinity College.

On the day the companies explored the opportunities that universities have to offer in areas such as funding, research, knowledge transfer and innovation, and will cover areas of interest the companies have requested such as sensors, e-learning, RFID, cloud computing, data analytics, 3D printing, monitoring systems, food, health, etc.

The companies visited over 8 research centres, made the necessary connections and started the process of engaging with academia and add value to their businesses.

The feedback has been fantastic

“whirlwind tour of the 3 universities”
“it was brilliant to see all the different facilities available in each university”
“great day”
“impressive”
“would never thought about doing this if it wasn’t for the bus”

Ron Immink of Platinum event (and Smallbusinesscan); “We wanted it to make as easy as possible for small businesses to start engaging with universities, but also to illustrate what a wonderful source of innovation and opportunity universities are. It is a win-win, universities can transfer knowledge and IP and businesses that normally do not engage with universities will become more innovative, add more value to their business and the economy. This was a very successful pilot and we will be doing more”.

Background

The campus bus tour is joint initiative with the UCD Innovation academy, Invent-DCU, Knowledge Transfer Ireland, Enterprise Ireland, Smallbusinesscan and Trinity College organised by Platinum Event.

Next bus

The next bus will be leaving soon. Register your interest here

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Message from Dublin Startup Commissioner

We’re now at 147 completed Startup Compass surveys for Ireland. An almost 6% response rate that our friends at Compass in California are calling “exceptional” considering Ireland was only added to the survey two weeks ago, and then, had only one city option: “Jakarta”.

Over the past 8 months, I’ve been putting together my own list of exceptional things about Ireland and top of the list is how incredibly robust our startup ecosystem is versus the coverage it gets internationally.

Filling out the survey will go a long way to enhancing our reputation as an innovation hub, so please startups, spend 10 minutes right now and do it.

If we complete 500 surveys by the mid June deadline maybe we’ll throw ourselves a party using my (currently non existent) international PR budget. It would be worth every penny of it.

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Mind techniques for SMEs

The power of the mind

In Bookbuzz, when we work with CEOs, we often cover decision making, leadership, dealing with millennials, mindfulness and increasingly the power of the mind. People who follow us have seen our post on Navy SEALs, super athletes and flow, being antifragile, the business of belief, coherence, decision making, the power of creating habits, stoicism as an operating system, etc. They all cover in some way the power of the mind, resilience and how mind techniques can help you.

VUCA

As an entrepreneur or owner manager, in a world of VUCA, in a world that is becoming increasingly confusing, where change is going so fast, the power of the mind becomes more and more import. Being mindful and applying mind techniques is not an option, it is a necessary skill.

Jack Black this Thursday

We were going to design a programme around it. Until we came across Mindstoreand Jack Black. And he is coming to Dublin this Thursday. To do a masterclass in the best mind techniques for running your business. He is explaining what he is planning here:

You can book your ticket here. And because you are part of Smallbusinesscan, feel free to use SBC as the discount code and get €100 off the price.

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5 Commercial Law Tips for Business Start-Ups

Starting up your own business can be a really exciting time, but it is fraught with legal landmines. As you go through the paperwork-heavy process of creating your own company, it’s best to stay on the right side of the law from day one. You will have enough on your plate with the early stumbling blocks of starting up your own business, so understanding what is required of you legally is a great way to lay down the initial foundations of a successful company.

Notify HMRC

The Tax Man needs to know what you’re doing. Be sure to register with HMRC, as soon as your business has formed. You can often do this online, and the process is simpler than you think (even if it is a tad on the daunting side). Ascertain what you need to apply for first, before you start. The government’s website has a wealth of information on setting-up your business, so this is the perfect place to get the ball rolling.

Don’t Go it Alone

Two heads are better than one, and so are two pocketbooks. Working as a partnership means that you can split any financial falls with your business counterpart, and you have someone to share the good times with too! You are far more likely to succeed with the help of a partner than going it alone. Just chose someone you like; there’s nothing worse than tearing a company apart because of personal feuds.

Also, there’s a surprising lack of paperwork surrounding partnerships, so that’s an added bonus.

Limited Company

If you want to ride this solo, setting yourself up as a limited company is advised. It offers you more protection, if anything goes wrong. On the flipside, registering as a limited company demands more from you, as the business owner. Therefore, if you want to learn more about setting up your own limited company, it’s best to talk to a commercial lawyer, such as this one – their expertise and experience in dealing with these types of scenarios will allow you the freedom to work on the other integral aspects associated with your start-up.

Check Your Business Name

You don’t want to accidentally steal someone’s Intellectual Property. You could stumble into serious problems, if it’s seen that you have plagiarised someone else’s business mould. Be sure that you truly have a unique name by checking through the Trade Mark registry. It should flag up anyone with a similar concept as you. Tread carefully here.

Assess Your Funding Options

There are many ways you can receive funding in the UK for your business. Bank loans are unfortunately less viable these days, but the rise of crowdfunding could mean that you easily get off the ground, as long as you have a product that people desperately want. If you don’t, then I guess you have to ask yourself if your business will really make it in the market anyway.

Other than that, you could explore angel funding and government grants. Don’t leave any stone unturned, when it comes to finding extra money for your start-up business. It can mean the difference between success and failure. For further support and guidance in navigating through the funding maze, this handy guide cover great business funding advice tips.

Do you have any tips for starting-up a business and adhering to commercial law? Let us know!

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Category Archives: Start Ups