Many small business owners are having their personal finances in addition to their private lives adversely affected by continual rising costs, according to a study undertaken by the Centre for Economic and Business Research (CEBR) and Make it Cheaper. Approximately 50% of all small businesses have been forced to introduce additional funds into their businesses […]
Category: Business News
SMEs want lower VAT rate
A recent survey that was held amongst the owners of small businesses has suggested that the government should have left the level of VAT at 17.5% rather than reduce it to 15%. In the pre-budget report from Chancellor Alistair Darling, the news that the rate of VAT will be temporarily reduced by 2.5% form the […]
London commits to helping SMEs
Newly formed small and medium sized businesses will be given the chance to tap into the City’s £13billion fortune as part of an ongoing new campaign which takes off over the next three weeks. The City of London Corporation have come up with the idea of putting owners of small and medium sized business enterprises […]
Cloud Computing has its issues
The buzzword at the minute in computing circles is cloud, and while many are jumping on the bandwagon, there are many who don’t have a clue what it actually means. Commissum have stepped forward to explain all the different issues surrounding cloud computing, and to highlight all the benefits that it can bring to small […]
FSB and small business rates relief
The Executive recognizes the necessity to rejuvenate the local economy because and is shown in the proposals to rebalance the burden of the rates, said policy chairman of the Federation of Small Businesses Wilfred Mitchell. The virtues of the (SBRR) small business rates relief have long been championed by the FSB and it is encouraging […]
Obtaining a loan to start up a new business
A loan to start up a new business is generally referred to as a business loan which you may have thought about doing for a long time. If there are large amounts you need (between ₤50,000 to ₤1,000,000 up to 2 million) where the loan has easy repayment plans, a longer term to repay and […]
How the recession has affected the valuations of small business
How the recession has affected the valuations of small business Smaller businesses do not always have the high value capital assets that larger companies have. For this reason they do not have much collateral when a recession hits. This can have a substantial effect on the valuation of the business as well as its ability […]
Small businesses struggle to find decent employees
Small businesses are finding it hard to get employees with skills they need, even though there is high unemployment and many candidates are looking for employment. A recent report that Chartered Institute of Personnel and Development (CIPD) prepared found the percentage of businesses receiving unqualified candidates applying for work had increased by 7% over the […]