Equity investment in small businesses has more than doubled in the last 3 years, a report by the British Business Bank has found.
Figures show that more small businesses are choosing to sell ownership interests in their business to raise capital. The number of equity deals completed in the first…
Small businesses in the UK continue to be less productive compared to other countries, according to a report by the All Parliamentary Small Business Group.
The group’s findings complement recent research by the Federation of Small Businesses that shows that UK productivity levels are 17% lower than the average across…
The number of small businesses that reported profits over the last 12 months has returned to 2007 levels, according to the government’s Small Business Survey.
The annual survey conducted by the Department for Business, Innovation and Skills showed that 78% of…
Three quarters of employers don’t have a workplace mental health policy, research by the Institute of Directors (IoD) and YouGov has found.
The survey of 1,150 employees and 586 employers reveals that stress and anxiety affect the productivity of 32%…
In the UK there are many small businesses that are based at home and from tax year ended 5 April 2014 onwards there is an optional simplified flat rate deduction basis. An alternative method is to claim a reasonable amount for using a room or rooms at home for…
There are a record 5.2 million small firms in the UK, according to a government report.
The number of small businesses has increased by 760,000 since 2010 and 4.5 million people are now self-employed, an increase of 500,000 from 2010.
The report reveals that more than £130 million has been lent…
IntroductionChancellor George Osborne used his final Budget statement of this Parliament to announce that “Britain is walking tall again”.
There are many things to be positive about:
Economy
The economy grew 2.6% in 2014 – faster than any other advanced economy. The Office…
Going your separate ways is never easy. If your business partner decides he or she wants to leave the company you both started twenty years ago, you must move forward without destroying the business you have worked so hard to…
Now that the worst of the downturn appears to be behind us, many business owners/managers are turning their attention to growing their businesses. Growth can be a complicated proposition for any company. There are many “organic” options such as…
SMEs pay almost £10 billion in tax compliance costs each year, according to research by the Association of Accounting Technicians (AAT).
The survey of 500 businesses reveals that the average SME spends £4,376 complying with business taxes each year. Collectively, the SME sector spends £9.9 billion annually on tax compliance.
Important…