The number of small and medium-sized enterprises trading internationally falls to all-time low.
It is a fact that when starting up a business, most business owners will have to take out some form of loan. These funds are vital for small and medium-sized enterprises (SMEs) when their business is just starting up, being essential in getting a venture off the ground. As such this form of debt isn’t […]
Keeping good records is vital for any business. Whether that’s to help manage your costs, whether it’s for legal, regulatory or tax reasons, or simply to help manage and improve your business. Collecting, storing and effectively analysing your data is vital.
Employers with 250 or more ‘relevant employees’ are still eagerly awaiting the final version of The Equality Act 2010 (Gender Pay Gap Information) Regulations 2016 and their implementation, requiring such employers to publish information on gender pay. The regulations were originally due to be brought into force on 1 October this year but there is still […]
The online marketplace has exploded in the past decade with many small businesses taking the view that an online selling platform for their goods and services is preferable, to the often-higher cost of sale that comes with more traditional methods. Online trading has helped many small businesses find new markets, sell new products and compete […]
Fraud affects 1 in 4 small businesses every year, and in 2015, fraud losses to SMEs were estimated at £18.9 billion. Compared to bigger companies, small businesses are more likely to be a target of fraudsters as they do not have many resources available to them. The effects of fraud can hamper SME growth, […]
Britain is a nation of small businesses, but whilst our SMEs play a vital role supporting millions of jobs and stimulating the future growth of our economy, many of them across the country are leaving their futures unprotected when it comes to guarding against critical events.
Starting a new business is a thrilling experience – your ideas, inventions, and brand are about to be unleashed upon the world! Before sharing it all, though, it is vital that you ensure that it is all properly protected.
Whistleblowing legislation was introduced in the UK under the Public Interest Disclosure Act 1998 and whilst it’s a term many of us have seen discussed in various newspaper headlines – most recently with an increase in the number of disclosures to the UK’s Pension Regulator – are we really aware of how the whistleblowing legislation […]
Ahead of the 23 June vote, leading ‘Brexiteer’ Priti Patel MP – then employment minister – said a leave vote would let the UK ditch the “burdens of EU social and employment legislation” and free employers from “pointless” rules imposed by Brussels bureaucrats. Meanwhile, the Stronger In campaign warned that critical workers’ rights would be “vulnerable […]
The government has been clamping down on bribery, but many companies are at risk of being accused without even knowing it. Aimed at accountants, auditors and finance officers, Aziz Rahman offers five tips to prevent your staff from being bribed.
Employers need to have a robust social media policy to protect them against disciplinary action – as shown by a recent Employment Tribunal case regarding unfair dismissal. David Smith was recently fired after posting offensive comments on Facebook. In the case British Waterways Board v Smith, in August 2015, the employer argued it was fair […]