How can small businesses keep expenses in check? Alan Gillies, from American Express Global Corporate Payments has three tips.
Ian Watkinson, from Clear Funding, says the culture of late payments is changing but, even so, companies need to take more control and explore ways in which they can take advantage of opportunities to access advance funding, should they be subjected to delays.
A new method for providing funding to small businesses has emerged. Enter Just Loans.
The globalisation of UK businesses, and the requirements this brings is highlighting limitations within the international payroll market. A recent survey conducted by Payroll World, in association with Equiniti International Payments, reveals 57% of payroll managers experience at least one returned or failed payment each month.
By Emily Coltman FCA, Chief Accountant to FreeAgent One of the best ways of keeping your business’s cash flow healthy is to ensure that you get paid quickly by your customers. But, unfortunately, this can also be one of the most difficult and frustrating things about running a micro-business. In a recent YouGov poll […]
By Chris Weston, Director of Aston Black Accountants Occasionally businesses may face a tax investigation from Her Majesty’s Revenue & Customs (HMRC). This is usually a very stressful time for business owners and it is always advisable to seek professional help. Sometimes tax investigations are carried out at random, so it isn’t always a sign […]
By Richard Hopes, partner at Alliotts Chartered Accountants The Irish Chamber of Commerce recently complained that Irish entrepreneurs were leaving Ireland and setting up shop in the UK because there were more incentives for them to do so. This is an interesting turn of events and perhaps indicative of a number of new tax incentives […]
By Wai Hung Wan, EMC Financial Services organisations are hugely complex in terms of their business operations; they have retail arms, investment and fund management operations, insurance businesses and more. Many of their systems and operational norms are audited and regulated by bodies such as the Financial Conduct Authority. As such, they tend to have […]
By Emma Dungey, Head of Operations, Verus360. As more of the UK’s small-to-medium-sized enterprises (SMEs) turn to alternative finance (AltFi) for funding, the sector is growing at a staggering rate. We have seen a 43% increase in SME AltFi in the last year alone, with £76bn of AltFi currently in use by SMEs, according to […]
Businesses wishing to retain staff during the ‘September Surge’ in job applications must celebrate the role of their payroll department and make them the champions of their workforce.
Intrinsic to every financial professional’s way of working is the annual budget, a strategy that structures business spend across a 12-month period, but has the time come for financial reform?
With 73% of small and medium-sized enterprise (SME) employers aiming to grow their business over the next two to three years, the demand for funding has never been higher. The daunting task of finding funding can be incredibly stressful, and many SMEs are left in fear for their business after a rejection from the bank.