Have you jumped into eCommerce because of the pandemic? Small businesses are resilient, well they must be and that has certainly been the case this year with unprecedented change. Many businesses have developed an online offering much sooner than perhaps they would have done if they did not need it to survive. Cyber Monday is […]
Month: November 2020
Have you been declined a Bounce Back Loan?
Have you been declined a Bounce Back Loan? Although the bounce bank loan scheme has been extended, according to reports the big five banks have shut the door on new applications. All-Party Parliamentary Group on Fair Business Banking research has suggested that up to 250,000 small businesses “are effectively locked out of the market”, given […]
Are accountants keeping up with the changes?
Are accountants keeping up with the changes? 2020 has been a challenging year with the raft of changes and schemes brought in to support businesses and employees through COVID and the enforced lockdowns. People might not understand that accountants hear about these changes when you do through public announcements. It takes a little time for […]
How do you thrive in a COVID-19 world?
Xero recently commissioned a report surveying 2000 small business owners around the world titled “The next chapter for small business: How to thrive in a changed world.” By Forrester Consulting. They made 5 key recommendation: • Make company and financial information easily accessible and digitised • Create emotional connections with your customers • Start from […]
Can bill payments for your business be simplified?
If you want to get on top of your cash flow start with reviewing your processes! Research by Xero Small Business Insights highlighted that many businesses manage their bills through trial and error; they have just found a system that works for them. On average businesses are spending 4.8 hours each month managing bills, there […]
Are late payments an unintended side effect of the pandemic?
Traditionally Britain’s retailers should be gearing up for a busy Christmas season, but it seems Christmas 2020 is looking anything but normal. Just as the business community was hoping to recover, the city’s such as Manchester and Liverpool have been forced back into lockdown measures. Research from Previse suggests retailers could be hit with late […]
Brexit is your business ready?
The government is urging businesses to prepare for changes for Britain’s exit from the EU ahead of the 1st January deadline. Regardless of Britain’s trade deal there will be changes businesses have to prepare for, these will include: • the way businesses import and export goods. • the process for hiring people from the EU; […]