According to the Treasury, £31.3bn has been lent out under state-backed loan schemes to Britain’s smallest businesses. The sheer number of loans approved is at a level that we have never seen before, but banks are worried that as much as half of these loans will not be repaid. While the relative ease of accessing […]
Month: June 2020
Would you like to make your eCommerce business better?
If there is one business type that has had a surge in business over the last few months is eCommerce. Many traditional businesses have had to innovate to survive, perhaps by taking online orders, takeaway boxes, and home deliveries. eCommerce is no longer a luxury it’s a vital part of a successful business strategy, you […]
Should we all aim for a paperless office?
Less paper equals more productivity, more productivity means more profits! Why wouldn’t every business aim for this? Documents are easier to store, find, manage, and process if they are digitally stored. Therefore, staff should spend less time looking for things! Going paperless is obviously better for the environment and avoids duplication, as you could have […]
Will bounce bank loans create an unmanageable mountain of debt?
The bounce-back loan scheme has been popular with small businesses that perhaps have struggled to get much help from elsewhere. About £40bn has been lent to about half a million businesses through the schemes in just two months, but we have to remember this is ‘not free money’ as I have heard it described elsewhere! […]
Why we must talk to our children about money?
According to a Rowe Price survey only 23% of respondents said they talked about money growing up, the fact is your child will learn about money from somewhere, do you want that to be from you or some out of control celebrity on social media? It’s not rude to talk about money, the skill is […]
Is it ever too early to teach children about money?
Many parents have been thrown in at the deep end with the schools being closed, home-schooling has certainly been interesting in my house! As an accountant, a subject close to my heart is obviously money, and one of the best things you can do for your child’s education is to teach them about money! You […]