Most businesses consider insurance to be a necessary evil there to protect them should the unforeseeable happen. As a result, it has become something of a commodity purchase. However, in order to get the most from their policy, they should instead look at it as an investment that will help them keep their business on track should they encounter trouble. In order to do this there are five key attributes SMEs should look for from their insurance provider when taking out or renewing their policy.
Posted on 29th May 2009 in Business Support.
The jobs market was calling out for this big rate cut — what’s vital now is that commercial rates fall in line to aid hard pressed employers. With bank rates at an historic low we are clearly entering uncharted economic waters. The MPC has wisely left room for further cuts but there aren’t now many throws of the monetary dice left.
The CBI responded to figures showing a 0.5 per cent fall in GDP in the third quarter of 2008. Richard Lambert, CBI Director-General, said: “This figure is worse than we expected, with the slowdown spreading right across the economy.
Posted on 27th October 2008 in Business Support.
With the housing market on its knees, the RICS is calling on the Government to act swiftly and decisively on a range of proposals to help the buying and selling process – now and in the future – for both consumers and business. RICS’ research shows that housing sales are at their worst level for 30 years with Chartered Surveyor estate agents averaging just over one property sale a week in the three months to July.
Credit referencing agency Graydon UK has called upon the Government to do more to support small businesses in protecting their cashflow at a time when the economic stability of the nation is facing increasing pressure.
Alastair Darling presented his first Budget last week in the shadow of the Credit Crunch and, it is generally agreed, with little room to manoeuvre. Much has already been written about the detail of the Budget and, you’ll probably be pleased to know, I’m not intending to try another analysis of it. I want to give some personal responses to the Government and Enterprise, maybe not words you expect to hear in one sentence yet the ambitions seem to be right. As with all Government Policy, the real test will be in the implementation.
The Federation of Small Businesses (FSB) has warned the Government that any plans for a change in tax law aimed at private equity firms could also damage small firms[/