If your business is performing well and making a healthy profit, you may be looking at funding options to grow and develop your business. It’s also important to ensure that you are making the most of the available tax reliefs and incentives. Here we consider some key financial pointers that could help you to take … Continue reading Funding Your Business’ Needs
In response to the publication of official apprenticeship statistics, business groups have urged the government to reform the Apprenticeship Levy. The organisations, including the Confederation of British Industry (CBI), the Institute of Directors (IoD) and the Federation of Small Businesses (FSB) have called on the government to reform the initiative before it costs UK firms … Continue reading Business Urges Government to Reform Apprenticeship Levy
The Federation of Small Businesses (FSB) has warned that the majority of UK small firms are ‘unprepared’ for the risk of disruption to the business posed by both internal and external threats. Data published by the FSB revealed that 65% of small businesses do not currently have any plans in place to deal with an … Continue reading Business Group Warns UK Small Firms ‘Unprepared for Business Interruption’
With government research indicating that one third of payments to small businesses are late, we take a look at the latest initiatives designed to encourage prompt payment. The Small Business Commissioner The government estimates that 20% of small businesses in the UK have encountered cashflow issues as a direct result of late payments. Were small … Continue reading Handling Late Payments
Social media can be a useful tool for marketing your services and building a client network. However, the flip side is that it can be all too easy to create negative social media situations. Here are some of our top tips to ensure you get the most out of social media. Stay active Businesses should … Continue reading Social Media Do’s and Don’ts
In a recent survey, 67% of small and medium sized enterprises stated they believe that charitable giving has had a positive impact on their businesses. However, not all entrepreneurs were aware of the potential benefits of adopting a policy of “Giving Back”. New research suggest that those who give an equivalent of at least 0.5% … Continue reading Does Your Business Give to Charity?
With such an emphasis on taxpayers to keep data safe, wouldn’t it be ironic if HM Revenue & Customs (HMRC) cannot do just that? It seems that this may well be the case. During a recent court case, HMRC said in a witness statement that their data retention policy means the tax office do not … Continue reading Double Standards for Data Rentention?
New rules which come into effect on 13 January 2018 will mean it will be illegal for companies to charge customers for paying by a non-commercial card. The Economic Secretary to the Treasury, Stephen Barclay stated: “It’s about fairness and transparency”. “These small charges can really add up and this change will mean shoppers across … Continue reading Credit and Debit Card Fees to Be Banned
On 30 October 2017, the Cheque & Credit Clearing Company (C&CCC) introduced a new and quicker way of clearing cheques. Called the Image Clearing System, it means that cheques can be cleared using a digital image of the cheque rather than the current paper based system. While the new system went live with some banks … Continue reading Faster Cheque Clearing System Has Launched
There is often plenty of help and advice available for start-ups, but for businesses that have entered a 'scale-up' phase of rapid growth, success can bring a new set of challenges. If you have ambitions for your business to achieve scale, there are a number of key areas that raise unique challenges, and which may … Continue reading Scaling Your Business – Identify and Meet the Challenges