CORONAVIRUS: For information about how your business could be affected and the help that we can provide at this time, please click here.

Blog

E R Grove & Co named Mayor’s Community Champions

Posted 30th May 2020 at 1:40 pm

The West Midlands Combined Authority (WMCA) Mayor’s Community Champions initiative recognises individuals and organisations who have acted as ‘community heroes’ during the Covid-19 crisis. We at E R Grove & Co are delighted to have been recognised for our work keeping the business community informed about government support systems for businesses and individuals feeling the impact of coronavirus. You can read more about why we were chosen as Mayor’s Community Champions here.

Creating a marketing strategy for your business

Posted 26th May 2020 at 8:52 am

marketing strategy

Marketing is much more than the shiny, branding side of your business. When done right, it can help to drive you forwards towards your business goals, becoming money well spent. That’s why it’s so important to have a long-term strategy for your marketing, rather than creating campaigns and adverts on the fly. Below we look at the key processes for creating an effective marketing strategy. The main thing to remember is that your marketing strategy should not be created in isolation. It should be firmly rooted in your overall company goals for the year, so that it is effective, strategic,... Read more

Drive your business forward with Market Research

Posted 19th May 2020 at 8:36 am

market research

As business leaders, we often think we know our market really well. Sometimes that is true, but things change and it’s always good to spend some time now and again researching our market. This prevents us from making assumptions that unintentionally undermine our business. It also helps us to identify new opportunities to grow and expand our business.   Competitor Research You may think you know everything about your competitors. However, the real information you need is how your customers view your competitors! Once you’ve identified all your competitors, and their competitive edge (USP) then it is really worthwhile spending... Read more

Creating a Risk & Contingency Strategy

Posted 11th May 2020 at 8:29 am

risk

If recent times have taught us anything, it’s how quickly our normal way of life can change! For businesses, the need to have spent some serious thought on risk analysis and contingency planning has never been more important. While it’s never possible to completely risk-proof your business, as navigating the extreme measures of the COVID-19 global lockdown have shown us, it is always worthwhile coming up with a plan to mitigate for risks that might derail our businesses in the future.   Risk Analysis Risk analysis is the process of identifying and analyzing potential issues that could negatively impact businesses,... Read more

Pivoting & Repurposing a Business

Posted 6th May 2020 at 5:49 pm

It is no secret that Covid-19 has had a big impact on many SMEs in the UK. A recent study by the Office for National Statistics showed that nearly 40% of businesses in the UK had a substantially lower turnover. With the current level of disruption likely to remain for some time, many businesses are adapting their practices to continue trading in some form. For businesses which have been negatively impacted by Covid-19 and are considering how to adapt, they have two main choices: Continue trading – providing the same product / service in broadly the same way to the... Read more

How will coronavirus change working practices?

Posted 27th April 2020 at 3:43 pm

After almost 6 weeks of lockdown, companies and employees are used to the ‘new normal’ of remote working. But what will the lasting impact of coronavirus be on the way businesses are run?   Business Travel  With travel restrictions likely to remain in place long after lockdown has eased, companies are facing a long period of using video conferencing technology to keep in touch with clients, suppliers, and colleagues across the world. While these technologies are no substitute for building relationships face-to-face, businesses are likely to see that they can save money and time by taking at least some of... Read more

Be a Homeschool Hero!

Posted 21st April 2020 at 7:58 am

homeschool

Many of us are now in the position of supervising our children’s home learning whilst also trying to do our own jobs. This is no easy task, but fortunately Liz from our Marketing Department used to be a Primary School Teacher, and is on hand with some advice for those of you who are taking on the challenge to become homeschool heroes!   Stick to a structure It can be tempting to try and be flexible about when and how your children learn at home, however children actually find routines helpful to their learning. Having a routine that in some... Read more

For your viewing pleasure: films about accountants!

Posted 14th April 2020 at 8:53 am

films

As we enter our fourth week of lockdown, you might be struggling for entertainment. Luckily for you we have compiled a definitive list of the best films about accountants for your viewing pleasure!   1. The Shawshank Redemption Undoubtedly the greatest film ever to feature an accountant in a lead role, The Shawshank Redemption is a sweeping, dramatic tour-de-force which everyone should watch at least once in their lifetime. And given that we’re all in lockdown, we’re in the perfect state of mind to empathise with a prison drama…   2. The Producers If you’re more into comedy films then... Read more

Mindfulness for Beginners

Posted 6th April 2020 at 2:21 pm

mindfulness

In these troubled times, many of us are feeling stress and anxiety in a way that we haven’t experienced before. The practice of ‘mindfulness’ can help to alleviate and cope with stress and anxiety symptoms, but where is the best place to start to become more mindful?   Headspace Headspace is an extremely popular app which teaches you how to meditate. It has many different courses depending on what type of meditation you want to try, and what problems or challenges in your life you want to overcome. It also has a sleep section with calming music and sleepcasts if... Read more

Working from Home: Protecting your employees’ mental wellbeing

Posted 25th March 2020 at 8:46 am

working from home

With the Government recommending those that can, work from home, it is important to note that this is not an ideal situation for everybody. While some will relish the autonomy, and the freedom of ditching the daily commute, for others working from home can put their mental health at risk. They may experience feelings of isolation and disconnection, leaving them with low mood. Conversely, they may feel pressure to “to appear busy” or to be online throughout the working day, causing stress. Put simply, working from home doesn’t work for everyone.   So, what do the experts recommend? Provide advice about... Read more