With Christmas around the corner, retailers are already enjoying ringing tills and an uplift in sales, however recent research has revealed many are concerned that long queues may hinder sales over the next few weeks.
Small business owners are putting work before their health, according to new research published today. The figures reveal that one in four (26%) small business chiefs have missed, cancelled or put off a health appointment in the last year due to work commitments.
The chancellor is providing more help to small businesses by extending the availability of the enterprise finance guarantee scheme by six months to September 2010. Under the terms of the scheme, introduced in March, the government offers to guarantee 75% of loans to small firms with turnover of £25m or less.
It is just a year since the Government rushed through, in a matter of days, a reduction in the VAT rate to 15%. We were told that this would stimulate the economy – whether it did or not is one for the political commentators – but the thirteen month temporary reduction is now almost at an end and we must prepare ourselves for a return to 17.5% VAT on 1 January 2010.
After digesting months of feedback and suggestions, Smarta, the free online business resource has launched a new, easier to use, and a more functional website. From the feedback Smarta learnt that there are three things users wanted from the site: Advice, Networking and Tools.
With 65 percent of small businesses surveyed believe that Internet security is critical to their business, only 28 percent have formal Internet security policies. As organizations combat an increasingly sophisticated threat landscape and feel potential impacts to IT staffing reductions due to the economic environment, employees remain the strongest defense in protecting an organization’s information.
Employees around the country really want to let loose this holiday season following the economic difficulties of the last 18 months – but nearly one in three won’t have the opportunity, as many smaller businesses plan to forgo the annual Christmas party this year.
UK VAT-registered SMEs are missing out on 1/4 of potential VAT reclaims due to sloppy expense practices, according to new research. Professor Stephen Roper, Centre for Small and Medium Sized Enterprises, Warwick Business School, estimates that this equates to £1.18bn in lost fuel VAT reclaim potential.
John Sandom is the founder and chairman of one of the UK’s leading branding companies 1HQ. Since setting up 1HQ in 1993, the agency have gone on to become award winning pioneers in their field working with international brand owners all over the globe.
A recent survey of small to medium sized businesses reveals that the three worst qualities an employer can exhibit during difficult times to their staff are ‘hiding the extent of problems’, ‘making the problems appear worse than they are’ and ‘being distant with staff’ – indicating that SME employees want honesty and straight talk from their employers about the state of the business.
A leading law firm is urging the UK’s 4m small business owners to ensure their salary systems are fair following of a glut of equal pay claims in the public sector.