The cold weather that struck the UK today could cause damage to SMEs who are not prepared, according to a new report.Royal & SunAlliance (R&SA), the UK’s second largest commercial insurer, said that SMEs can take a series of simple measure to avoid the possible damage that cold weather can cause. R&SA advised that the […]
Posted on 24th January 2007 in General business.
Flexible working practices could increase business efficiency, according to a government report published today.The Equal Opportunities Commission’s (EOC) document, ‘Working outside the box’, revealed that half the working population wanted to work more flexibly.According to the report, overly inflexible work practices are forcing people to work at levels below their skill-level so that they can […]
Posted on 24th January 2007 in Regional News.
The Federation of Small Businesses (FSB) has criticised the Competition Commission’s initial report on the grocery market.Small companies are suffering from supermarket competition, says the FSB, the UK’s largest business organisation. It also reported that many suppliers and businesses are afraid to speak out against supermarkets, as they risk losing essential trade.FSB trade and industry […]
Posted on 23rd January 2007 in Open to Export.
The Federation of Small Businesses (FSB) has reported that UK SMEs are increasingly confused by government employment legislation.A helpline that the FSB operates for its members has said that the number of calls concerning employment queries rose by eight per cent in 2006 to over 76,000.Questions about age discrimination saw the greatest rise, increasing by […]
Posted on 22nd January 2007 in Regional News.
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.
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 .
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 .
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.