Consumer goods SMEs, with a turnover of less than £100 million, would rather employ a muilti-channel strategy than rely only on e-commerce or mail order sales, new research has revealed.A study, from international express courier, freight, mail and logistics company Crossflight, shows that SMEs favour this approach as they understand that most consumers "are true […]
Posted on 19th January 2007 in Property.
Many SMEs are not convinced by the safety of the telecommunication possibilities offered by VoIP, a report by the Computing Technology Industry Association (CompTIA) shows. The association, which represents the interests of more than 20,000 member companies worldwide, published the findings of a survey of over 350 SMEs. The results show that only 50 percent […]
Posted on 19th January 2007 in Tech.
A government review board, studying proposed changes to local government systems, has been told by the Federation of Small Businesses (FSB) that it must make sustaining economic growth its top priority.Due to report later this year, the Lyons Review was asked to investigate how other recent studies on transport and skills would impact on proposed […]
Posted on 19th January 2007 in Open to Export.
The Federation of Small Businesses (FSB) says that the HM Revenue & Customs (HMRC) should make sure it has adequate resources in order to cope with tax-returns submitted right on deadline day."The self-assessment form is just one of the many important tasks involved in running a business and there can be many reasons, both personal […]
Posted on 18th January 2007 in City News.
SMEs should make sure they understand potential security issues that can arise from incomplete or insecure website development, a leading IT security company has said.A new report from hacking specialist firm ‘encription’, cites a recent study which shows most web development companies fail to consider anti-hacker security when designing a website – through a lack […]
Posted on 18th January 2007 in Tech.
Despite the fact that eCommerce is currently more profitable and easier to run than ever before, fewer SMEs are implementing it, a new study reveals.A report from software company Actinic showed that around 90 per cent of SMEs with ecommerce sites said that they were profitable, compared to 70 per cent in 2005. But, despite […]
Posted on 17th January 2007 .
The majority of small business owners are confident that their companies will fare well over the year ahead, according to a new survey.The Royal Bank of Scotland’s ‘quarterly small business economic survey’ revealed that around four-fifths of SME entrepreneurs felt that their company would grow during 2007 – and over half thought that economic factors […]
Posted on 17th January 2007 .
Profit warnings fell by ten per cent compared to a year earlier in 2006, although SMEs struggled more than other types of business, a new report reveals.Accountancy firm Ernst & Young (E&Y) says that contractual problems were the main reason behind SMEs’ comparatively poor performance. In 2004, 67 per cent of companies announcing worse-than-expected annual […]
Posted on 16th January 2007 in City News.
SMEs around the UK should carry out sterner background checks when hiring new workers, if the results of a new survey are to be believed.A report from employee screening service backgroundchecking.com shows that close to 85 per cent of people in the UK think that lying on application forms or CVs is commonplace, despite the […]
Posted on 16th January 2007 in Regional News.
UK business confidence is at its highest level for over a decade, according to a new report.Lloyds TSB Corporate Markets Business in Britain survey revealed that business confidence rose to +37 – the highest level recorded by the study since June 2004 and double the +19 score registered in December 2005. The net balance of […]
Posted on 15th January 2007 in General business.
SME owners are apparently keen on the idea of an annual quota for staff cuts, as they are currently struggling to get rid of underperforming employees, a new report reveals.The study, from talent management firm Hudson, shows around 77 per cent of SME owners feel that the introduction of such a quota scheme would mean […]
Posted on 13th January 2007 in Regional News.
Small businesses may be suffering as a result of the pervading UK office culture of scrapping lunch hour to continue working through midday, new research reveals.A survey from health and fitness website realbuzz.com shows that approximately 85 per cent of the nation’s workforce don’t take a full hour-long break for lunch, while 62 per cent […]
Posted on 12th January 2007 in Regional News.