The Pre-action Protocol for Debt Claims has been in force since October 2017. It is designed to encourage parties to communicate with each other about debts as early as possible and act reasonably, with the ultimate goal to prevent court action. Matters should be resolved with repayment plans or by opting for Alternative Dispute Resolution procedures. Read more ›
Lots of people want to start their own business. It is exciting, and there is the feeling of being in control of your destiny, which is usually not the case if you are working for someone else. There are numerous other reasons – perhaps you were made redundant and need to find new income? A prominent motive for many female entrepreneurs is the objective to fit work around a young family. Some people are natural go-getters and don’t fit into the linear vertical structure of conventional companies. Read more ›
This year’s Autumn Budget delivered by Chancellor Philip Hammond had some interesting benefits for small businesses and sole traders. New spending measures will be created that will help businesses in various sectors. Read more ›
Many people are starting to switch their energy providers every year, whilst some people may sit back without knowing they could be saving a considerable amount of money for their business. Whether your business is based in a large built up office or if it’s a small business based in your garage there are plenty of areas to research and find the cheapest energy supplier for you. Read more ›
When it comes to business, a lot of people find themselves operating with a marketing budget slightly or significantly lower than what they would like. In this type of situation, whether we are talking about small business budgeting or the marketing budget of a much larger company, every penny counts. Read more ›
For many businesses, faster and more secure payment methods are key to their success. Smartphone payments can be said to be safer ways of accepting payments in many businesses, and have certainly proven popular. Read more ›
In a notice issued on 30th April, it was announced that the government was implementing a new initiative; Making Tax Digital (MTD). However, it was later reported that the legislation had been put on hold. Read more ›
It’s entirely possible that your company is leaking thousands of pounds every year due to simple financial mismanagement. You’d be surprised how a few basic alterations to the way you prepare will have a great impact on your operation, saving time and therefore saving money. Read more ›
Hot on the heels of the new style £5 and £10 notes, the Bank of England have announced their plans to introduce new polymer £20 notes. They have been unveiled to feature a very prominent British artist, who was chosen using a new character selection process. Read more ›
Image Credit: Michiel Jelijs on Flickr
Brexit is looming large, and business owners who haven’t already embraced the challenge of Britain’s departure from the EU should really begin to re-evaluate their approach when possible. Read more ›
