When you need to find business funding fast, what are your options and what are the quickest ways for you to secure more finance? We talk you through the most viable fast funding options for SMEs who need finance in a hurry, and include practical tips on how to ensure your funding application goes as […]
The area of tax for small businesses is not straightforward, in fact it can be a real minefield for the unwary. However, if you take a little time, and work with your accountant, it’s usually possible to find ways to save some tax. To help you think about ways you and your business could pay […]
The Coronavirus Job Retention Scheme opened on 20 April, and the uptake has been huge; at the start of May, claims had been made for a quarter of private sector workers.
Under the scheme, employers can claim 80% of staff wages from the Government, up to a cap of £2,500 per month; they can choose to top up the surplus but do not have to. (more…)
Where do you stand legally if you have outstanding contracts that you cannot fulfil through no fault of your own, or have contracts with others for the supply of goods or services which they cannot fulfil?
We asked Amanda Hamilton, Chief Executive of the NALP to outline the legal implications. (more…)
Many of us are feeling much more anxious than usual as lockdown continues to disrupt our lives and our businesses.
Anxiety can make it hard for us to concentrate, be creative, and adversely affect our ability to adapt to the changing business conditions, to make the most of any opportunities, and to plan creatively for the future. (more…)
With unprecedented numbers of people working from home, businesses have to ensure staff are safeguarded when working remotely. We asked Scott Lester, Cyber Lab Manager at 6point6 to explain how businesses can ensure cyber security for remote workers. (more…)
Coronavirus is changing how businesses attract and hire great employees. Charles Hipps, Founder and CEO of Oleeo, looks at how the recruitment process is having to adapt to COVID-19 and discusses the opportunities and challenges posed by the pandemic. (more…)
With most businesses in the UK now having a good portion of employees working from home, and with the likelihood of an increase in remote working going forward, we asked author Andy Salkeld to share his tips on how teams can stay connected when based at different locations. (more…)
Covid-19 came at us out of “left field“. It was sudden and brutal. A wave of disbelief followed that disrupted our normal working pattern significantly, and maybe, irretrievably.
For all of us who run a business, there is a deep uncertainty right now. We are worried about what will happen to the business we’ve worked so hard to build up, and we are concerned for our employees and their long-term futures. (more…)
There are many cost overruns which can cripple what might have otherwise been a successful business venture.
For businesses operating in the delivery space, one of the most prevalent concerns involves the costs associated with shipping products to the end user. (more…)
The COVID-19 pandemic has brought a seismic shift in how we do business. With face-to-face meetings being replaced by online meetings, calls and conferences, many of us have had to rapidly adapt to new technologies. So how can you communicate more effectively online? (more…)
The coronavirus pandemic has meant businesses across the UK have had to rapidly embrace remote working. The scale and speed that businesses have had to adapt to employees working from home has meant a steep learning curve for many small business owners. (more…)
During the COVID-19 lockdown many businesses have discovered they are perfectly capable of working remotely and delivering most of what they do online. Sadly, this isn’t the case for millions of businesses working in fields like hairdressing, massage, physiotherapy, children’s parties, cleaning or catering. But this doesn’t mean that business needs to completely stop.
The economic impact of coronavirus is still unknown but is likely to be enormous. In this unprecedented time, there are many uncertainties regarding how businesses can remain viable. Ercan Demiralay, Partner at Wellers, one of the UK’s leading accountancy firms, discusses the measures SMEs can take to alleviate the strain of coronavirus without relying on […]
Recruiting is evolving with technology at a frenetic pace. The future will be more machine-driven than perhaps ever before in the ever-expanding quest for recruiters who have to ensure they are hiring the best quality candidates.
Figures released by the banking lobby group, UK Finance, showed that only one in five UK businesses who have formally applied for government-backed loans have been granted emergency funding during the COVID-19 lockdown. But is taking out a loan under the Coronavirus Business Interruption Loan Scheme the best option?
When done correctly, affiliate marketing can help generate sales and help you make more profits. If you’re thinking of trying affiliate marketing for the first time, here’s some advice to help you get it right.
If you are an athlete how can you create a startup and grow a business as you transition from your sports career? Former pro basketball player, Ferran Martinez knows exactly what’s needed, so we asked him to share his top tips on how to turn a sporting career into a successful business.
The current COVID-19 pandemic is presenting business leaders with some very difficult decisions. At times like these, there is an even greater spotlight on the actions and behaviours of those leading businesses. Here, we look at the key issues leaders need to keep in mind to avoid damaging their reputation and losing trust.
The UK Government has announced an array of support schemes to help businesses struggling to operate during the coronavirus outbreak. Here, Christina Nawrocki, Managing Partner at Wellers, one of the UK’s leading accountancy firms, discusses the range financial assistance available to businesses affected by COVID-19.
More than 750,000 self-employed people in the UK could miss out on Government support during the coronavirus pandemic, a new analysis has shown.
The Government has advised businesses to encourage staff to work from home wherever possible. While some businesses may be well versed in how to manage staff who work from home, for others this is likely to be new territory. You’ll want to ensure that despite having less regular contact with your staff, business is still […]
Peer-to-peer lending offers an innovative way to invest and earn a return on your money, which is often far greater than using a typical savings account or ISA from your high street bank.
The long-awaited statement from the Chancellor, Rishi Sunak regarding COVID-19 support for the self-employed has been announced. Accountants, HFM have produced a handy summary of the support scheme to help self employed individuals to understand how it will work.
If you have a website (which you probably should), you will no doubt have considered how to get more visitors to the site. Without attracting high quality traffic, a website offers very little real value to any organisation.
It’s a challenging time for small businesses right now; 2020 has certainly not got off to a promising start. If you are the director of a company, you are likely quite concerned about the year ahead. To help you tackle potential issues, here is some general advice from Hudson Weir Insolvency Practitioners for business survival […]
Are you worried about managing your business’ remote teams during the current coronavirus pandemic? John Williams, Head of Marketing at Instant Offices, shares his advice on how to overcome the challenges of managing a remote team, and highlights the main pros and cons of remote working in the long-term…
Across the globe, millions of employees are being advised to work from home, but managing and coordinating a remote workforce is unfamiliar territory for many business owners. We asked Paul Jeffrey, of cloud and continuity experts Iomart, to share his must-do tips on maintaining resilience and integrity when employees have to work remotely.
You’ve big ideas for your business. You’ve identified how much cash you need to bring the next stages of your vision to life and projected a healthy return on investment. So, it can be somewhat deflating when you apply for a business loan and despite a strong business plan, your bank declines your application. Particularly […]
Cash flow is the lifeblood of any business, and managing it effectively can mean the difference between make or break. When we refer to cash flow management, we’re talking about making sure there is enough cash available to cover all your outgoing expenses. If your outgoings are more than your sales and you run out […]
The digital age has not only revolutionised the entire business world but in the process, created platforms and opportunities that offer small businesses a level playing field. It’s for this reason IT support and services are vital for the ongoing success and longevity of modern enterprises.
In the face of Brexit uncertainties and the COVID-19 outbreak the new Chancellor, Rishi Sunak, delivered his first Budget. He announced a number of measures to help both individuals and businesses to deal with the COVID-19 pandemic, and these are summarised in this Budget Summary which comes courtesy of our friendly accountants, HFM;
In the permanent disruption of the 2020s, the ability to invent new products, processes and value propositions is critical for any business. Not surprisingly, there’s a growing premium placed on individual creative-thinking as it invariably sparks the journey towards innovation, so we asked author and speaker, Greg Orme, to explain how you can harness your […]
Running a small business can be a bit of a roller-coaster. Just when you think everything is going smoothly, an unexpected shock can hit your business and all of a sudden, your business is experiencing a very tough time. So how do you turn your business around when times are bad, and all seems lost? […]
If you have ever had to make an important presentation or a big pitch, you will have had words of wisdom showered upon you. Although well-intentioned, much of that advice however is misguided, so we asked Anthony Garvey of Toastmasters International to reveal the most common myths when it comes to public speaking and presenting.
Small start-up businesses will initially use their business plan as a blueprint or a guide to help set up and get their enterprise off the ground. However, the plan you started with may start to become ineffectual after a while, once your business has found its feet.
In all industries, businesses are starting to realise the potential AI (artificial intelligence) can bring; strengthening decision-making whilst automating complex and time-consuming tasks. Through the power of AI, businesses can help to streamline their operations, increasing efficiency and overall productivity.
Whether you are a start-up or an established small business, you are likely to come across a challenge that requires outside input at some point in your business’s journey. But consultants are expensive – for most SMEs, too expensive, so here are some alternatives that can help you out of a hole, without breaking the […]