Business Advice

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Government awards £2 million fund to help solve problems faced by small businesses

Oct 17, 2019

The Government has announced that a £2 million fund is to be distributed in a bid to help address many of the common problems faced by small and medium-sized enterprises (SMEs). The money forms part of the Business Basics programme and ...

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SMEs are losing money by not having a website

Oct 10, 2019

According to new research, UK based small and medium-sized enterprises (SMEs) are missing out on thousands of pounds each month due to a lack of online presence. A report by website maker Wix found that SMEs could be missing out on ...

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More than 2,800 retail stores closed during first half of 2019

Sep 12, 2019

According to the latest industry research, around 16 shops are closing every single day on UK high streets as retailers look to restructure their businesses and adapt to increased levels of online shopping. The research found that there was a net ...

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Government launches £10 million Brexit Readiness Fund

Aug 29, 2019

The Government has launched a £10 million Brexit readiness fund that will help provide support for businesses who are preparing for Brexit ahead of the 31 October deadline. The Business Readiness Fund is open to business organisations and trade associations throughout ...

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Half of UK SMEs are struggling with cash flow

Aug 19, 2019

According to the latest industry research, 2.5 million (44 per cent) UK small and medium-sized enterprises (SMEs) are struggling with cash flow as they prepare for Brexit. Research indicated that in the second quarter almost a third (29 per cent) of ...

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Burgeoning costs of employment forcing small businesses to cut back on investment

Aug 15, 2019

The rising legal minimum wage is forcing small businesses to cut back on investment and reduce headcount, a new study has revealed. The finding forms part of brand new research published by the Federation of Small Businesses (FSB), a leading business ...

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Government encouraging SMEs to sign up for funding to help with Brexit

Aug 08, 2019

The Government is encouraging UK small and medium-sized enterprises (SMEs) to register for funding to help them cope with a new customs system following a potential no-deal Brexit. In December, the Treasury and Revenue & Customs unveiled an £8 million training ...

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Best UK cities for female entrepreneurship revealed

Aug 01, 2019

According to the latest research by Clydesdale Bank Yorkshire Bank (CYBG), Bristol and Sheffield are the two best cities in the UK for female entrepreneurs. The findings come following a study into the attitudes and opinions of 2,000 small business owners ...

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Workers missing out on £140 million in unclaimed expenses

Jul 29, 2019

New research has revealed that workers in the UK choose to miss out on £140 million a year in unclaimed work expenses, rather than go through the complex expense claim process. The survey was conducted by smart business spending solution Soldo, ...

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VAT Reverse Charge for building and construction services – What you need to know

Jul 18, 2019

In an attempt to tackle fraud in the construction industry, HM Revenue & Customs (HMRC) is be introducing a domestic reverse charge which will take effect from October 2019. The reverse charge legislation will now place the responsibility on a contractor ...

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