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If you’re applying for credit, it’s important to make it easy for the person looking at your application. They’re only human, and if you catch them on a hard day with an application that’s difficult to follow, they may simply decide to reject it, rather than try to make sense of what you’ve sent. All About Your Business Whether your business is a company or a sole trader, remember to giv

If you’re an SME owner who’s plagued with late-paying customers, you’re not alone. According to recent research by the Institute of Directors, almost half of all SMEs are in the same predicament. The Scale of the Problem Out of 787 business owners surveyed by the IoD, 48% reported having had problems with late payments since April 2017. Many cited “excessively bureaucratic” payment syste

One the great successes that’s bucked the trend of recession and austerity over the past decade has been the small business sector. Apart from a brief dip after the Brexit vote, the FSB’s (Federation of Small Businesses) confidence has been positive for the last five years. All that seems to be changing, though. The Small Business Boom Since the crash of 2008, things haven’t been easy for business, or for their emplo

Every year brings new challenges and opportunities for businesses, but 2018 seems set to be even more challenging than usual. And it’s not just me who thinks so. PwC (Pricewaterhouse Coopers), one of the Big Four auditors, has set out six things for private businesses to look out for in 2018. Corporate Governance for Private Businesses The FRC is planning a big shake-up of the Corporate Governance Code. They’re curre

We’ve all read it over the past few months, banks, phone companies, and goodness how many other institutions have been hacked. Daily scams are becoming the norm; and every day seems to add to the problems small businesses are facing, myself included. I have written before about protecting your business with contingency planning and I make no apologies for repeating my concern. Remember to check this on a regular basi

A new year, with an election ahead and economic uncertainty in the eurozone, promises a rocky ride ahead. But a record number of budding entrepreneurs are gauging the risks and deciding that the time is right to start their own businesses. The government-back Start-up Britain campaign, run by the Centre for Entrepreneurs thinktank, has just reported that 581,173 new companies were registered at Companies House last y