• SMEs who manage their time well are 20% more likely to grow • Small businesses too busy to improve time management processes • Adopting technology shown to “significantly” improve performance The value of effective time management among small and medium-sized enterprises has been highlighted for the first time in a new report – with […]
Category: Small Business News
Business owners still want to hand over the reigns to their offspring
A common goal of the head of a family-owned firm is to pass the business down to their siblings or a close relative. Just under half want to pass the business directly to one or more of their children, according to research by investment firm, Close Brothers Asset Management. Almost two thirds of owners want […]
SME’s advised to have good legal protection in place
Clive Rich, from the legal online consultancy firm LawBite, has explained why small business owners should opt for efficient legal protection. Owners of small businesses put in a lot of effort to make their business successful and this is especially true for small businesses that have modest beginnings as well as for long-standing family establishments. […]
David Cameron aims to help businesses foot the bill for NI payments
Prime Minister David Cameron is set to bring out the Coalition plans for businesses. This entails a bigger allowance to help foot the bills employers face relating to national insurance. One expects that he will also talk about the fines big companies could face if they delayed payment to small suppliers, a move aimed at […]
Britain’s business show how to deal with online competition
In Britain, traditional stores have not fully lost their meaning with the advent of online shopping. This is especially true for vendors who have created innovative strategies to help them tap offline shoppers. Business failure is not a possibility for offline stores, which have embraced the most innovative strategies to cope with competition from online […]
SMEs missing out on VAT savings
According to a new study, over a third of all SMEs in the UK are missing out on potential VAT savings simply because they are not aware of how to take advantage of them. The study was conducted by Sage the business software provider and found that about half of all business owners believe they […]
Cost of compliance for UK SMEs has rocketed
The Forum of Private Business stated the cost of compliance for SMEs in the UK is continuing to soar. Even though the Government has made promises to reduce the amount of money and time that businesses have to spend on compliance measures, over the past two years costs for SMEs have still increased according to […]
Cost of compliance for UK SMEs has rocketed
The Forum of Private Business stated the cost of compliance for SMEs in the UK is continuing to soar. Even though the Government has made promises to reduce the amount of money and time that businesses have to spend on compliance measures, over the past two years costs for SMEs have still increased according to […]
SMEs still not getting the cash injections they need
SMEs, the small and medium businesses that have repeatedly been identified as the ‘life blood’ or ‘work horses’ of the UK economy are still on limited rations when it comes to cash flow. Analysts offer several reasons for this shortage, but most agree that it’s down to a reluctance on the part of banks to […]
Economic climate still having a bad effect on SMEs
As the economic climate continues to get tougher small business owners need to work harder to make sure that they are visible. It is very important now that small business owners connect with anyone and everyone that can help them gain influence including third parties, their current customers, and fellow business owners in their community. […]