Top Business Trends for 2023

The year 2022 was a tough one for businesses, with the recovery from the pandemic being hampered by inflation, supply chain risks and the war in Ukraine. However, there is room for optimism, with technological advances allowing companies to progress in ways they never thought would be possible. Thanks to research on consumer sentiment, new business trends emerge each year. This enables companies to adapt to what the customer desires and to provide a more enhanced user experience. We’ve looked at the top business trends for 2023 to see which ones we think will have an impact this year. 1. Investing in sustainable products With consumer behaviour indicating that sustainable products are becoming more popular than ever, businesses are expected to invest in affordable sustainability. Research from Deloitte suggests that consumers are increasingly making conscious decisions to live more sustainably; a trend which is driven by concern around climate issues and the cost-of-living crisis. Some of the key findings showed...
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Don't let company car taxes give your business the red light

When operating a small- to medium-size business, you'll face many expenses that could be written off as tax deductions resulting in a lowering of monthly and yearly overheads. Costs like rent, inventory, payroll and utilities are some areas where you can claim when filing your taxes. In this article, we’ll discuss company car tax and business car hire and give your business bank account the green light. Is a company car hire beneficial to my business? You've heard the saying "Why buy a book when you can have a whole library?". This mentality is a perfect reflection on the question of whether a business car hire is the right choice for your business. When you hire company cars from SIXT, you'll have access to a fleet of vehicle types your small business or start-up might not have had the budget to buy like box trucks or large passenger vans. Avoid spending money on maintenance, licencing and upkeep associated with owning company cars which will reduce monthly expenses and headaches. Have access to 24-hour support for emergencies. Take out extra cover and ensure the safety and security of your precious products on the move. With so many branches in so many locations, you'll be part of a huge network making getting business done from one place to another effortless. ...
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10 Keys to a successful business from SIXT business

Establishing and running a successful business, is no easy matter in today’s time. If done wrong, it can be a time and resource-consuming project. But with these Tips from SIXT business, you can achieve your goals of running a successful and growing business. Only half of all business startups survive the first 5 years, says Tom Eisenmann, a Harvard Business School Professor. Eisenmann states that the business Keys to success are not only good planning and organisation but as well analytic thinking, awareness of the competition, preparedness for sacrifices and being ready for the tasks ahead. Keys to success 1. Analyse the competition As the quote goes Your enemy can be your best teacher, this saying goes as well for businesses. If you look into the work of your competitors, learn from their projects, work and failures. You don’t have to copy their enterprise that will only hurt your own business and reputation. But learning from your competition, and how they resolved issues and made their business flourish can be business Keys to success. Depending on the type of bus...
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Company car sharing - Your sustainable business mobility option

In today’s world, buying a car has lost most of its appeal for a variety of reasons. Large up-front investments, long-term commitment and the lack of flexibility make it a less than attractive option for many business owners like yourself. Add to that the negative impact on our environment and you find yourself looking around for alternative mobility solutions. Where car sharing used to be geared towards private use only it’s now a viable option for business cars, as well. With a large fleet of suitable company cars and zero financial commitment SIXT share might be just what you’re looking for. Company car sharing in a nutshell Have you ever looked at your company’s business cars parked right outside your office and asked yourself: „Why am I paying all this money for these cars to just sit around and collect dirt and insurance fees?” Not the nicest thought on a Monday morning, is it? We get it. With rising gas prices and the sheer cost of maintaining a company car pool, it becomes harder and harder to justify these expenses for many business owners. Add to that the stress and environmental impact of clogged up streets during rush hour and you’re all but ready to start pedalling to work on a bike. While that’s certainly the cheapest and environmentally friendliest form of getting from A to B it’s not always an option in your day to day business. So why not consider th...
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Company car subscription versus company car leasing - Your mobility, your choice

Company car subscription or company car leasing? Aren’t they the exact same thing? If you’re asking yourself this question while reading this you’re not alone. We get it. Both solutions allow you to drive brand-new cars without having to pay upfront. So what’s the difference? The difference is flexibility. The flexibility to pick, choose and change your company car whenever you need to versus fixed-term lease agreements with absolutely no wiggle room. While we might be a little biased, both options come with great benefits. Let’s figure out the right solution that’ll fit your exact business needs. Company car subscription or company car leasing — Here’s how they’re different Before we get started on telling you all about the great benefits of a company car subscription in detail, let’s first talk about how it’s different from traditional company car leasing. Because it is different, we promise. This guide will help you make an informed decision between a company car subscription or company car leasing. Company car subscription FEATURES Company car leasing [av_font_icon icon='ue812' font='entypo-fontello' style='' ca...
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Secure bookings with Two-Factor Authentication—Directive (EU) 2015/2366 PSD2

Driving your new business car should be secure from the moment you get behind the wheel. So should managing your SIXT account. With Two-Factor Authentication (2FA) in accordance with Directive (EU) 2015/2366 PSD2, we make sure all your bookings and payments are as safe as possible. What is the Payment Services Directive2? Directive (EU) 2015/2366 PSD2 (short: PSD2) is a convoluted way of saying: Let’s make your payments and bookings as safe as possible by ensuring nobody can book a shiny new business car in your name and drive off while you’re stuck with a headache and lots of paperwork. On 14/09/2019 the European Union issued a new directive for online payments that requires Two-Factor Authentication every time you want to make a purchase on the internet. If you’ve ever bought something online over the last 2 years, you’ll already be familiar with 2FA. It might sound complicated, but it really is just a couple extra clicks before hitting ‚Buy'. Since certain kinds of online bookings, especially of big-ticket items such as a car, pose a potential risk for fraud, both banks and the EU decided that one single password isn’t enough protection for your accounts. Instead, according to Directive (EU) 2015/2366 PSD2 you need two different types of authentication from different categories in order to determine your identity. The categories are Knowledge (password, PIN,...
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Company car subscription versus company car buying—Mobility that fits your needs

In today’s world, it can be quite tough to make a decision of such impact as opting for a company car subscription or company car purchase. In business especially, this can be daunting. With buying, you need to invest a considerable chunk of money that you might later need for other business ventures. With car subscriptions comes the perceived disadvantage of always driving ’someone else's car’. And yet, both options have benefits. Which one is the better choice for you depends on your unique business needs. [av_heading tag='h3' padding='10' heading='Table of contents' color='' style='' custom_font='' size='' subheading_active='' subheading_size='15' custom_class='' admin_preview_bg='' av-desktop-hide='' av-medium-hide='' av-small-hide='' av-mini-hide='' av-medium-font-size-title='' av-small-font-size-title='' av-mini-font-size-title='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' margin='' av_uid='av-3bmbd57'][/av_heading] 10 questions you should ask yourself before getting a new car The 3 myths about the benefits of car ownership Company car subscription: How does it work? ...
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