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 .
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.
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.
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.
Growing their business is the top priority for nearly half of UK SME owners in 2007, a new survey reveals, with around 30 per cent saying they hoped to forge stronger relationships with their customers in years ahead.Statistics from Alliance & Leicester Commercial Bank’s Business Banking Observer also show that a similar proportion of SME […]
Posted on 12th January 2007 in General business.
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.
Close to two-fifths of SME owners and workers have no pension plans in place, a new report claims.The study, carried out by telecoms company Unicom and cited at Shout99, reveals that 28 per cent of SME owners admit that neither they, nor any of their workers, are signed up to a company pension plan.And around […]
Posted on 11th January 2007 in Regional News.
SMEs should ensure they have adequate credit insurance controls in place, as recent research shows the number of bad debts and insolvencies in the UK is set to rise substantially during the first three months of this year, a finance company has warned.A recent report from the Confederation of British Industry (CBI) revealed that 78 […]
Posted on 11th January 2007 in City News.
Email marketing campaigns "clearly work" when they are effectively implemented, market researchers have claimed.Web analysis company CheetahMail says that such marketing campaigns, when permission-based and targeted at willing customers, drive up visitors to retailers’ websites and significantly increase sales – across every sector.The company says that the average value of a click-through purchase was £40 […]
Posted on 10th January 2007 .
Millions of failed home deliveries are holding the internet retailing market back, a leading industry body has said.Interactive Media in Retail Group (IMRG) says that around four million parcels failed to arrive at their intended destinations in the run up to Christmas, while about 24 million didn’t arrive on first delivery.The cost of the internet […]
Posted on 9th January 2007 in Tech.
Companies that fail to pay their staff the minimum wage could face a fine of £200 per underpaid worker, the Department of Trade and Industry said today.Presently, employers are forced to pay back the difference they owe to their staff if found to be flaunting minimum wage regulations, but Trade and Industry Secretary Alistair Darling […]
Posted on 9th January 2007 in Tech.