The dramatic move towards eCommerce in the retail markets has left many established brands struggling with the need to be flexible in such a changing market place. As a result this has left a gap in the online market that new eCommerce start-ups are rushing to fill.
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Updates
The cloud is revolutionizing business but old ways of working can die hard. Test yourself against these three crucial warning signs to see if it’s time to make the change.
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While business confidence in the UK may have recently jumped to an 18-month high, the spectre of Brexit continues to threaten their long-term futures. With the cost of goods and services likely to increase in the wake of Britain’s exit from the EU, SMEs in particular may well be inclined to reduce operational costs across the board. [continue reading…]
While there are numerous technologies that have changed the face of business in the digital age, Cloud computing is arguably the most influential. This also represents the single biggest advance in eliminating paper from the office, as businesses of all sizes continue to make the transition online. [continue reading…]
If your business operates a fleet of company cars, or you run a fleet management business or vehicle rental business, then you need to start planning for the inevitable move away from using diesel powered vehicles. [continue reading…]
Making Tax Digital (MTD) is set to bring about the biggest change to the UK’s tax system for a generation – but how much do you know about it? Here’s a brief introduction to the facts about MTD and how the new era of digital tax will impact your business.
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So your accountant is okay. They cover all the bases, don’t charge the earth and you would feel bad leaving them. But are these reasons really in the best interest of your business?
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The current UK government have announced plans to crack down on the safeguarding of pensions during takeovers for businesses. Should the Conservatives win the general election in early June then a tightening of the rules will come into play sometime in the future. While this is aimed at protecting workers and their future financial interests, it will also have an impact on businesses across the country.
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Do you desperately need to find some more space in the office but can’t afford to move elsewhere right now? Perhaps your office is simply lacking space or maybe you no longer need certain items on a daily basis but need them in the long run and they are just taking up room. If this sounds familiar then you are probably looking into extra storage outside of the office.
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We share the same language, some shared history and a love of many of the same pop culture references, but doing business in the UK and the USA shows how dramatic the contrast truly is. Aside from the UK’s plodding pace and slightly begrudging attitude towards work (versus the USA’s ‘go-getter’ attitude and culture of overtime), ‘doing business’ in the USA is very different to doing business in the UK.
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Setting up the actual framework of your own website can be tough. There are literally thousands of terms to understand for hosting, promoting, structuring and maintaining a site, and that’s before you’ve decided on the exact content.
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The simple and honest answer is – not much! Most companies that go into liquidation are insolvent, apart from those that are placed into Members’ Voluntary Liquidation. It’s probably easiest if we start by looking at the definition of insolvency and then we can look at how this impacts companies with financial difficulties, tells Richard Saville of Corporate Financial Solutions.
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Throughout 2016 we’ve seen a shift in media attention towards cyber security. Data breaches and hacking are now headline news. This year has seen accusations of hacking in the US election, Yahoo admitting to two colossal data breaches with lost user records numbering in the billions, and hacks on small businesses rising dramatically, with SMEs increasingly targeted by ransomware attacks.
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Your business budget is something that must be strictly adhered to, and so this means it pays to be frugal to ensure there is no over expenditure as the months go on. In this case, let’s take a look at your business vehicle.
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Employees are easily the most important asset to any business. As an HR specialist, your job is to ensure that they are working to the very best of their capabilities. In most cases, that means using better time management to ensure productivity reaches an all-time high.
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One of the things everyone dreads hearing is that their client has gone out of business. It can understandably cause a lot of stress in your business, as you don’t know if or when they will ever be able to pay your invoices or just how much trouble the debtor company is in.
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As the EU Referendum on 23 June draws closer, many small business owners are still unclear on how leaving or staying in the EU will affect their businesses. The UK200Group has therefore identified ten key events that are intended to provide further clarity ahead of the EU referendum.
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In light of new proposals from The Competition and Markets Authority’s (CMA), small businesses should find it easier to compare bank accounts to find the best service and price.
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Many SMEs leverage the power of the internet to broaden their horizons and trade with companies overseas. It’s also allowed micro-businesses and freelancers to compete with much larger suppliers, both in the UK and elsewhere, without the costly fees associated with a traditional merchant account.
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2014 saw a change in the law that might signal a significant change in the working practices of businesses and individuals all over the UK, as the government rubber-stamped plans for flexible working for all employees.
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